First Merchants Declares Quarterly Cash Dividend

First Merchants ( (FRME) ) has issued an update.

On July 15, 2025, First Merchants Corporation announced a quarterly cash dividend of $46.88 per share on its 7.50% Non-Cumulative Perpetual Preferred Stock Series A, with a payment date set for August 15, 2025, to stockholders recorded by July 30, 2025. This declaration reflects the company’s ongoing commitment to providing returns to its shareholders and may influence its market positioning and stakeholder relations.

The most recent analyst rating on (FRME) stock is a Buy with a $45.00 price target. To see the full list of analyst forecasts on First Merchants stock, see the FRME Stock Forecast page.

Spark’s Take on FRME Stock

According to Spark, TipRanks’ AI Analyst, FRME is a Outperform.

First Merchants has a strong financial foundation, with notable earnings growth and effective capital management, as highlighted in the recent earnings call. The stock’s valuation is attractive, offering both growth and income potential. However, technical indicators suggest caution due to potential overbought conditions. The company’s ongoing commitment to shareholder returns further enhances its investment appeal.

To see Spark’s full report on FRME stock, click here.

More about First Merchants

First Merchants Corporation is a financial holding company based in Muncie, Indiana, operating with a full-service bank charter under First Merchants Bank and a division known as First Merchants Private Wealth Advisors. Its common stock is traded on the NASDAQ Global Select Market System under the symbol FRME, while its depositary shares for the 7.50% Non-Cumulative Perpetual Preferred Stock, Series A, are traded under the symbol FRMEP.

Average Trading Volume: 288,320

Technical Sentiment Signal: Strong Buy

Current Market Cap: $2.39B

For detailed information about FRME stock, go to TipRanks’ Stock Analysis page.