Compliance updated on Jun 19, 2026 Screened by AAOIFI-Certified Shariah Advisor & Auditor

Financial data updated nightly

First Merchants Corp

FRME ✗ NOT COMPLIANT ☆ Track — members

Nasdaq · Financials · Banks ·

USA Mid Cap Analyst: BUY

Last Close

$43.70

▲ +0.76%

Market Cap $2.74B · Vol 121.22K

Key Metrics

P/E Ratio

14.03

FWD: 10.29

Market Cap

$2.74B

Mid Cap

Div Yield

3.41%

Quarterly dividend

EPS Growth

-0.87%

YoY

RSI (14)

62.84

Momentum

Beta

0.85

vs Market

52W High

$45.31

3.55% below

52W Low

$34.90

25.21% above

Volume

121.22K

Avg 190.95K

P/B

0.87

Price-to-book

ROE

N/A

Return on equity

Free Float

97.81%

Public shares

Shariah Compliance8 STANDARDS

✗ First Merchants Corp (FRME) stock is currently not Shariah compliant

AAOIFI—
Dow Jones Islamic (DJIM)—
FTSE Shariah—
MSCI Islamic—
S&P Shariah—
Al Rajhi—
Alinma—
Albilad—

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See which standards it fails, the exact ratios behind the verdict, and halal alternatives. AAOIFI-certified methodology trusted by global Islamic funds.

Which standards does FRME pass?

The full report shows the verdict under each of the 8 major Shariah standards, with the business-activity and financial-ratio screens behind every one.

Do I need to purify my investment?

Members see the purification amount per share, updated every financial period under the AAOIFI methodology.

Can I calculate zakat for my shares?

Members get zakat per share and a built-in calculator for their exact holding.

Historical Returns

+2.61%

+0.92%

+9.88%

+3.92%

YTD

+16.60%

+10.52%

+42.25%

+1.86%

Financials & Valuation

TTM · Annual

Total Revenue	N/A
Net Income	$226.00M
Revenue Growth (YoY)	+19.11%
Gross Margin	N/A
Operating Margin	42.02%
Net Profit Margin	37.04%
ROE	N/A
ROA · ROIC	1.39% · 6.52%

P/E Ratio	14.03
Forward P/E (FY1)	10.29
PEG Ratio	0.69
P/S	3.55
P/B	0.87
P/FCF	2.05
EPS Growth	-0.87%
Outstanding Shares	62.80M

Technical Indicators

50-Day SMA	$42.70
200-Day SMA	$39.77
RSI (14)	62.84
Beta	0.85
52-Week High	$45.31
52-Week Low	$34.90

Volume Today	121.22K
Avg Daily Volume (30D)	190.95K
Relative Volume	0.63x
Volatility (10D)	12.23
Volatility (30D)	22.64
Free Float	97.81%

Analyst Consensus

BUY

Current Price $43.70

Mean Target $48.20

52W Low$34.90 52W High$45.31

Current

Target

$34.90 $45.31

Current Analyst target

+10.30% upside potential · 6 analysts

Identifiers

ExchangeNasdaq

FIGIBBG001S5NNS9

ISINUS3208171096

CountryUnited States of America

Sub-IndustryBanks (NEC)

Earnings DateOct 20, 2026

TypeStocks

Instrument TypeORD Ordinary Share

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Company Profile

First Merchants Corporation is a financial holding company. It has one full-service bank charter, First Merchants Bank (the Bank). The Bank operates First Merchants Private Wealth Advisors (a division of First Merchants Bank). Through the Bank, the Company offers a broad range of commercial and consumer banking services. Its commercial banking solutions include debt capital, treasury management services and depository products. Its consumer banking solutions include consumer deposit and lending products. Its mortgage banking offers consumer mortgage solutions to assist with the purchase, refinance, construction or renovation of residential properties. Its private wealth advisors offer personal wealth management services with expertise in investment management, private banking, fiduciary estate and financial planning. It operates approximately 111 banking locations in Indiana, Ohio, and Michigan.