FRME - NASDAQ
First Merchants Corporation
$38.90
-1.6%First Merchants Corporation operates as the financial holding company for First Merchants Bank that provides community banking services. It accepts time, savings, and demand deposits; and provides consumer, commercial, agri-business, and real estate mortgage loans, as well as public finance. The company also offers personal and corporate trust; brokerage and private wealth management; and letters of credit, repurchase agreements, and other corporate services. It operates 109 banking locations in Indiana, Illinois, Ohio, and Michigan counties. The company also offers its services through electronic and mobile delivery channels. First Merchants Corporation was founded in 1893 and is headquartered in Muncie, Indiana.
At a Glance
Live SnapshotFirst Merchants Corporation Management Team
Mr. Michael C. Rechin
Advisor & Vice Chair
Compensation
$66,873
Mr. Mark K. Hardwick
Chief Executive Officer & Director
Compensation
$1,320,328
Mr. Marcos Nogues C.F.A.
Chief Investment Officer
Mr. Joseph C. Peterson
Executive Vice President & Chief Commercial Officer
Compensation
$642,626
Mr. John J. Martin
Executive Vice President & Chief Credit Officer
Compensation
$679,262
Ms. Michele M. Kawiecki
Executive Vice President, Chief Financial Officer & Principal Accounting Officer
Compensation
$765,525
Mr. Michael J. Stewart
President
Compensation
$1,039,702
Mr. Brian T. Hunt J.D.
Secretary & Legal Counsel
Mr. Stephan H. Fluhler
Senior Vice President & Chief Information Officer
Compensation
$532,394
Ms. Nicole M. Weaver
Vice President & Director of Corporate Administration
First Merchants Corporation Insider Positioning
During the last 12 months, insiders have purchased $3.50M and sold $1.49M worth of FRME shares, resulting in $2.01M of net buying activity.
3 Months
0
0.00
0
0.00
+0
+$0
3-6 Months
0
0.00
12.4K
518.56K
-519K
-$519K
6-9 Months
7.5K
282.52K
5.7K
202.24K
+80K
+$80K
9-12 Months
85.7K
3.22M
20.7K
769.70K
+2.4M
+$2.45M
Top Buyers
Hardwick Mark K
Director, Officer: Chief Executive Officer
$787K
Stewart Michael J
Officer: President
$600K
Kawiecki Michele
Officer, Other: Chief Financial Officer
$487K
Martin John
Officer, Other: Chief Credit Officer
$300K
Peterson Joseph C
Officer: Chief Commercial Officer
$300K
Top Sellers
Fluhler Stephan
Officer, Other: Chief Information Officer
$422K
Hardwick Mark K
Director, Officer: Chief Executive Officer
$314K
Stewart Michael J
Officer: President
$210K
Myers Larry W
Director, Officer: First Vice President
$208K
Scurlock Eva D.
Officer: Chief Risk Officer
$136K
Insider Activity Analysis
Net Insider Sentiment
Positive insider sentiment with $2.01M net buying. Buying activity substantially exceeds selling, indicating insider confidence.
Buy/Sell Ratio
Strong buy/sell ratio. Buying is at least double the selling activity, suggesting robust insider confidence.
Insider Participation
5 insider buyers and 5 sellers. Equal participation suggests mixed or neutral insider views.
Insider Activity Insight
Compelling insider conviction: The combination of strong buy/sell ratio and multiple buyers suggests insiders see attractive risk/reward. Consider this alongside fundamental analysis for confirmation.
SEC Filings
FRME - Filing history and reports
| Filing Type | Filing Date | Period Ending | Fiscal Year | Actions |
|---|---|---|---|---|
DEF 14A DEF 14A 2026 N/A | April 03, 2026 | May 19, 2026 | 2026 | |
DEF 14A DEF 14A 2025 N/A | April 01, 2025 | May 16, 2025 | 2025 | |
DEF 14A DEF 14A 2024 N/A | March 27, 2024 | May 07, 2024 | 2024 | |
DEF 14A DEF 14A N/A | March 29, 2023 | March 29, 2023 | ||
DEF 14A DEF 14A 2022 N/A | March 29, 2022 | May 10, 2022 | 2022 | |
DEF 14A DEF 14A 2021 N/A | April 01, 2021 | May 11, 2021 | 2021 | |
DEF 14A DEF 14A 2020 N/A | April 01, 2020 | May 13, 2020 | 2020 | |
DEF 14A DEF 14A 2019 N/A | March 21, 2019 | May 09, 2019 | 2019 | |
DEF 14A DEF 14A 2018 N/A | March 22, 2018 | May 10, 2018 | 2018 | |
DEF 14A DEF 14A 2017 N/A | March 21, 2017 | May 01, 2017 | 2017 |
Research Paths
Snapshot
Start with context, operating signals, and key market metrics.
Value Model
Stress test fair value across bear, base, and bull assumptions.
Statements
Validate revenue quality, margins, and balance sheet durability.
Earnings Call
Read management commentary and compare it with reported outcomes.
Dividends
Check payout sustainability and long-term distribution behavior.
Analyst Expectations
Review consensus spread and where estimate risk is concentrated.