First Merchants Corporation (FRME) Market Cap & Valuation Ratios
First Merchants Corporation (FRME) has a market cap of $2.6B, a trailing P/E of 13.1 and a price-to-sales ratio of 3.7, with earnings according to EquiReason's reading of its SEC filings.
Source: SEC EDGAR filings · figures as of 2026-06-30 · read by EquiReason
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- Market cap
- 2.6B
- P/E TTM
- 13.1
- Dividend yield
- 3.6%
- 52-week
- —
- Next earnings
- 25 Jan, in 93 days
Peers
banks - regional · nearest by market cap · trailing 12 months| Company | Mkt cap, $B | P/E | P/B | ROE | Div. yield | Rev. growth |
|---|---|---|---|---|---|---|
| FRME | 2.6 | 13.1 | 0.95 | 7% | 3.6% | +5% |
| CUBI | 2.9 | 10.3 | 1.29 | 14% | — | +35% |
| BOH | 2.8 | 13.2 | 1.49 | 13% | 4.0% | +14% |
| NBTB | 2.7 | 12.9 | 1.41 | 11% | 2.8% | +19% |
| TRMK | 2.7 | 11.8 | 1.25 | 11% | 2.1% | +5% |
| FBK | 2.7 | 14.2 | 1.38 | 11% | 1.5% | +64% |
| FBNC | 2.7 | 20.0 | 1.55 | 8% | 1.5% | +12% |
| BBT | 2.5 | 15.7 | 0.99 | 8% | 3.7% | +109% |
| BUSE | 2.5 | 12.5 | 1.05 | 10% | 3.3% | +41% |
| SYBT | 2.4 | 15.6 | 1.95 | 13% | 1.6% | +13% |
| BANR | 2.4 | 11.6 | 1.19 | 11% | 2.8% | +7% |
| Median of these 10 | 13.0 | 1.34 | 11% | 2.8% | +17% |
P/E 13.1 vs. a peer median of 13.0; P/B 0.95 vs. 1.34. FRME's own P/E sits at the 94th percentile of its history.
Growth vs. price
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First Merchants Corporation — questions
- What is First Merchants Corporation's market cap?
- $2.6B.
- What is First Merchants Corporation's P/E ratio?
- 13.1 on trailing twelve-month earnings to 2026-06-30.
- What is First Merchants Corporation's price-to-sales ratio?
- 3.7.
Every figure on this page comes from First Merchants Corporation's own SEC filings — see them on SEC EDGAR. Price data is licensed and shown only inside the product.
How these figures are read: methodology · EquiReason.