First Merchants Corporation

NasdaqGS:FRME Stock Report

Market Cap: US$2.4b

First Merchants Ownership

Who are the major shareholders and have insiders been buying or selling?

Recent Insider Transactions

NasdaqGS:FRME Recent Insider Transactions by Companies or Individuals
DateValueNameEntityRoleSharesMax Price
16 Dec 24SellUS$316,955Michael StewartIndividual7,248US$43.73
08 Nov 24SellUS$1,137,055Patrick FehringIndividual26,437US$43.01
09 Aug 24SellUS$475,922Mark HardwickIndividual11,832.97US$40.22
29 Mar 24BuyUS$1,068Michael StewartIndividual36US$29.67
28 Feb 24SellUS$105,912Stephan FluhlerIndividual3,193US$33.17
13 Feb 24SellUS$327,624Patrick FehringIndividual9,904US$33.08

Insider Trading Volume

Insider Buying: FRME insiders have only sold shares in the past 3 months.

Ownership Breakdown

What is the ownership structure of FRME?
Owner TypeNumber of SharesOwnership Percentage
State or Government6,9440.0118%
Individual Insiders861,1221.47%
General Public14,302,86224.4%
Institutions43,500,15074.1%

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.

Top Shareholders

Top 25 shareholders own 57.76% of the company
OwnershipNameSharesCurrent ValueChange %Portfolio %
10.6%
The Vanguard Group, Inc.
6,198,248US$253.4m-4.09%no data
8.4%
BlackRock, Inc.
4,929,009US$201.5m2.02%no data
6.05%
Dimensional Fund Advisors LP
3,548,584US$145.1m2.12%0.02%
4.46%
EARNEST Partners, LLC
2,614,807US$106.9m-2.94%0.46%
3.33%
State Street Global Advisors, Inc.
1,956,559US$80.0m-4.59%no data
2.49%
American Century Investment Management Inc
1,461,378US$59.8m-0.05%0.03%
2.39%
Geode Capital Management, LLC
1,400,821US$57.3m0.82%no data
1.71%
Victory Capital Management Inc.
1,003,206US$41.0m-1.76%0.04%
1.51%
Principal Global Investors, LLC
886,088US$36.2m1.3%0.02%
1.36%
William Blair Investment Management, LLC
800,717US$32.7m-2.97%0.04%
1.23%
Charles Schwab Investment Management, Inc.
722,148US$29.5m0.75%no data
1.23%
Boston Partners Global Investors, Inc.
721,502US$29.5m-7.69%0.02%
1.22%
Goldman Sachs Asset Management, L.P.
717,173US$29.3m9.2%0.01%
1.18%
Public Employees' Retirement Association of Colorado
693,922US$28.4m-0.27%0.11%
1.17%
PL Capital Advisors, LLC
686,333US$28.1m0%9.11%
1.16%
Systematic Financial Management LP
682,675US$27.9m15.8%0.66%
1.09%
Northern Trust Global Investments
641,128US$26.2m-1.33%no data
1.04%
Bridgeway Capital Management, LLC
609,936US$24.9m3.6%0.4%
1.03%
JP Morgan Asset Management
604,671US$24.7m-2%no data
0.99%
First Trust Advisors LP
580,627US$23.7m58.6%0.02%
0.96%
First Merchants Bank, Asset Management Arm
562,659US$23.0m-3.3%1.56%
0.89%
BNY Asset Management
521,081US$21.3m16.6%no data
0.81%
Manulife Asset Management
474,438US$19.4m-2.8%0.01%
0.76%
Fisher Asset Management, LLC
447,785US$18.3m-2.8%0.01%
0.73%
Eagle Asset Management, Inc.
425,467US$17.4m93.9%0.09%

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 02:43
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

First Merchants Corporation is covered by 13 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Kevin ReeveyD.A. Davidson & Co.
Benjamin GerlingerHovde Group, LLC
Brendan NosalHovde Group, LLC