First Merchants Declares Quarterly Cash Dividend to Shareholders

First Merchants ( (FRME) ) just unveiled an update.

On February 9, 2026, First Merchants Corporation declared a cash dividend of $0.36 per common share, underscoring its ongoing practice of returning capital to shareholders. The dividend is scheduled to be paid on March 20, 2026, to common shareholders of record as of March 6, 2026, providing near-term income to investors and signaling management’s confidence in the company’s financial position.

The most recent analyst rating on (FRME) stock is a Buy with a $49.00 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.

The score is driven primarily by strong underlying financial performance (profitability and growth with manageable leverage) and an upbeat earnings outlook supported by capital strength and expected acquisition synergies. Valuation is notably attractive (low P/E with a solid yield), while technicals add support through an established uptrend with moderate momentum.

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

More about First Merchants

First Merchants Corporation is a financial holding company headquartered in Muncie, Indiana, operating a single full-service bank charter, First Merchants Bank. The bank also conducts business as First Merchants Private Wealth Advisors, and the company’s common stock trades on the NASDAQ Global Select Market under the symbol FRME.

Average Trading Volume: 305,954

Technical Sentiment Signal: Strong Buy

Current Market Cap: $2.67B

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