First Merchants Corporation

First Merchants Corporation

Financial Services

NASDAQ:FRME · NASDAQ Global Select

Market Cap $2.60B Beta 0.86 P/E (TTM) 12.9
$42.09 +2.14%

+$0.88 today

52W Low $34.66High $43.22

Vol 0.29M · Avg 0.36M

EPS (TTM)$3.26
Div Yield3.44%
Banks - Regional

Management

Put operating results in leadership context

Review returns on capital, executive background, insider transactions, and growth quality to judge whether management is compounding value well.

Return Metrics

ROE, ROIC & ROA over time

Management

ROE

9.2%

avg 9.3%

ROIC

-4.3%

avg 4.9%

ROA

1.2%

avg 1.2%

Analysis

ROE is currently the strongest return metric at 9.2% versus its period average of 9.3%. 0 of 3 return metrics are above their quality threshold, which helps indicate how efficiently the company turns capital and assets into profit.

Management

Key executives, compensation & ownership

Management
NameTitleCompensationTenureAgeShares OwnedOwnership %

Mark K. Hardwick

Chief Executive Officer & Director$1.60M55$3,323.91<0.01%

Michael J. Stewart

President$1.15M60$18,456.660.03%

Michele Kawiecki

Executive Vice President, Chief Financial Officer & Principal Accounting Officer$882,280.0053$61,221.290.10%

John J. Martin

Executive Vice President & Chief Credit Officer$745,995.0059$64,877.690.10%

Joseph C. Peterson

Executive Vice President & Chief Commercial Officer$683,256.0050$38,025.270.06%

Stephan H. Fluhler

Senior Vice President & Chief Information Officer$532,394.0057$1,557.38<0.01%

Michael C. Rechin

Advisor & Vice Chair$69,161.0067$18,456.660.03%

Steven C. Harris

Executive VP & Chief Human Resources Officer62$19,884.060.03%

Eva D. Scurlock

Senior Vice President & Chief Risk Officer48$0.00<0.01%

Julie Crabtree

Corporate Controller & First Vice President

Brian T. Hunt

Secretary & Legal Counsel66

Marcos Nogues

Chief Investment Officer

Nicole Weaver

Vice President & Director of Corporate Administration

Insider Trading

SEC Form 4 transactions — last 12 months

Management

Buys

0

$0.00

Sells

5

$720,825.84

Net Sentiment

$720,825.84

Net selling

Most Active

Myers Larry W

2 transactions

DateInsiderTypeSharesPriceValue
May 5, 2026

Myers Larry W

Direct

Sell0.407$40.54$16.50
Feb 26, 2026

Myers Larry W

Direct

Sell5.0K$41.50$207,500.00
Feb 11, 2026

FLUHLER STEPHAN

Direct

Sell4.2K$41.96$174,595.56
Feb 6, 2026

Scurlock Eva D.

Direct

Sell3.2K$42.29$136,469.83
Nov 4, 2025

FLUHLER STEPHAN

Direct

Sell5.7K$35.55$202,243.95

Analysis

Insiders reported 0 buys worth $0.00 and 5 sells worth $720,825.84 over the last 12 months. That adds up to net selling of $720,825.84. Myers Larry W was the most active insider with 2 transactions.

Growth Analysis

Historical CAGR & forward analyst estimates

Metric 10yr5yr3yr Fwd Est.
EPSN/AN/A+6.8%
+8.5% (12yr)5 analysts
RevenueN/AN/A+5.4%
+9.7% (12yr)4 analysts
Net IncomeN/AN/A+13.2%
+12.4% (12yr)4 analysts
EBITN/AN/A+14.3%
+9.1% (12yr)4 analysts

Analysis

Recent growth has been strongest in EBIT at +14.3% over three years. Forward estimates point to Net Income at +12.4% (12yr), giving you a quick check on whether expectations are accelerating or cooling.

Who manages FRME?

First Merchants Corporation (FRME) lists 13 active executives. The top listed executive is Mark K. Hardwick, Chief Executive Officer & Director.

Are FRME insiders buying or selling?

Recent insider activity shows net buying of $2.36M.

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