First Merchants Corporation

FRME Financial Banks Regional

First Merchants Corporation’s revenue for fiscal 2025 (year ended December 2025) was $1.1 billion, down 2.04% from fiscal 2024.

Revenue
+12.9%
EPS
+11.2%
Free cash flow
−10.5%
Total debt
+27.1%

Quarter to September 2026, against a year earlier

41.09 0.80 −1.91%
Market cap
$2.6B
P/E
12.7×
Fwd P/E
12.5×
Dividend yield
3.55%
F-score
8/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a

First Merchants Corporation (FRME) Shares outstanding

Alert me on Shares outstanding

First Merchants Corporation's shares outstanding at the end of fiscal 2025 was $57.7M, unchanged from fiscal 2024. At the end of the quarter to 30 September 2026 it was $62.4M. Over the past ten years it has ranged from $38.1M (fiscal 2015) to $59.5M (fiscal 2023); the current reading is higher than 73% of that period. First Merchants Corporation ranks 95th of 326 Banks Regional companies by shares outstanding.

Shares outstanding, annual

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Annual newest first

Period Shares outstanding Change
FY2025 $57.7M (1.38%)
FY2024 $58.5M (1.61%)
FY2023 $59.5M 2.66%
FY2022 $58.0M 7.35%
FY2021 $54.0M (0.44%)
FY2020 $54.2M 5.16%
FY2019 $51.6M 4.22%
FY2018 $49.5M 8.96%
FY2017 $45.4M 10.70%
FY2016 $41.0M 7.68%

Quarterly newest first

Period Shares outstanding Change
Sep 2026 $62.4M (0.26%)
Jun 2026 $62.6M 2.57%
Mar 2026 $61.0M 5.69%
Dec 2025 $57.7M 0.48%
43 more quarters

Against its own ten years

Low $38.1M High $59.5M
Ten-year median $54.0M
Current reading's percentile 73

Shares outstanding against peers

What Shares outstanding is

Shares (Diluted, Weighted) tells an investor how many shares a company’s earnings are spread across once potential new shares are counted.

Reported line item

The full definition of Shares outstanding →

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