First Merchants Corp

FRME

First Merchants Corporation is a regional bank holding company based in Indiana. It provides a wide range of banking and financial services, including retail, commercial, and small business banking, as well as mortgage lending, wealth management, and trust services. Founded in 1958, the company operates through numerous branches primarily across Indiana, Illinois, and surrounding states, focusing on community banking with a commitment to personalized service and local decision-making.

$38.88 -0.74 (-1.88%)

Dividend Yield 3.68%

Payout Frequency Quarterly

Dividend History

Pay Date	Amount	Ex-Date	Record Date
December 19, 2025	$0.36	2025-12-05	2025-12-05
September 19, 2025	$0.36	2025-09-05	2025-09-05
June 20, 2025	$0.36	2025-06-06	2025-06-06
March 21, 2025	$0.35	2025-03-07	2025-03-07
December 20, 2024	$0.35	2024-12-05	2024-12-06
September 20, 2024	$0.35	2024-09-06	2024-09-06
June 21, 2024	$0.35	2024-06-07	2024-06-07
March 15, 2024	$0.34	2024-02-29	2024-03-01
December 15, 2023	$0.34	2023-11-30	2023-12-01
September 15, 2023	$0.34	2023-08-31	2023-09-01
June 16, 2023	$0.34	2023-06-01	2023-06-02
March 17, 2023	$0.32	2023-03-02	2023-03-03
December 16, 2022	$0.32	2022-12-01	2022-12-02
September 16, 2022	$0.32	2022-09-01	2022-09-02
June 17, 2022	$0.32	2022-06-02	2022-06-03
March 18, 2022	$0.29	2022-03-03	2022-03-04
December 17, 2021	$0.29	2021-12-02	2021-12-03
September 17, 2021	$0.29	2021-09-02	2021-09-03
June 18, 2021	$0.29	2021-06-03	2021-06-04
March 19, 2021	$0.26	2021-03-04	2021-03-05
December 18, 2020	$0.26	2020-12-03	2020-12-04
September 18, 2020	$0.26	2020-09-03	2020-09-04
June 19, 2020	$0.26	2020-06-04	2020-06-05
March 20, 2020	$0.26	2020-03-05	2020-03-06
December 20, 2019	$0.26	2019-12-05	2019-12-06
September 20, 2019	$0.26	2019-08-29	2019-08-31
June 21, 2019	$0.26	2019-05-17	2019-05-20
March 15, 2019	$0.22	2019-02-28	2019-03-01
December 21, 2018	$0.22	2018-12-06	2018-12-07
September 21, 2018	$0.22	2018-09-06	2018-09-07
June 15, 2018	$0.22	2018-05-31	2018-06-01
March 16, 2018	$0.18	2018-03-01	2018-03-02
December 15, 2017	$0.18	2017-11-30	2017-12-01
September 15, 2017	$0.18	2017-08-30	2017-09-01
June 16, 2017	$0.18	2017-05-31	2017-06-02
March 17, 2017	$0.15	2017-03-01	2017-03-03
December 16, 2016	$0.15	2016-11-30	2016-12-02
September 16, 2016	$0.14	2016-08-31	2016-09-02
June 17, 2016	$0.14	2016-06-01	2016-06-03
March 18, 2016	$0.11	2016-03-02	2016-03-04
December 18, 2015	$0.11	2015-12-02	2015-12-04
September 18, 2015	$0.11	2015-09-02	2015-09-04
June 19, 2015	$0.11	2015-06-03	2015-06-05
March 20, 2015	$0.08	2015-03-05	2015-03-09
December 19, 2014	$0.08	2014-12-03	2014-12-05
September 19, 2014	$0.08	2014-09-03	2014-09-05
June 20, 2014	$0.08	2014-06-04	2014-06-06
March 21, 2014	$0.05	2014-03-05	2014-03-07
December 20, 2013	$0.05	2013-12-04	2013-12-06
September 20, 2013	$0.05	2013-09-04	2013-09-06
June 17, 2013	$0.05	2013-05-30	2013-06-03
March 20, 2013	$0.03	2013-03-13	2013-03-15
December 17, 2012	$0.03	2012-11-29	2012-12-03
September 17, 2012	$0.03	2012-08-30	2012-09-04
June 18, 2012	$0.03	2012-05-31	2012-06-04
March 19, 2012	$0.01	2012-03-01	2012-03-05
December 19, 2011	$0.01	2011-12-01	2011-12-05
September 19, 2011	$0.01	2011-08-31	2011-09-02
June 20, 2011	$0.01	2011-06-02	2011-06-06
March 21, 2011	$0.01	2011-03-03	2011-03-07
December 20, 2010	$0.01	2010-12-02	2010-12-06
September 20, 2010	$0.01	2010-09-01	2010-09-06
June 21, 2010	$0.01	2010-06-03	2010-06-07
March 19, 2010	$0.01	2010-03-03	2010-03-05
December 18, 2009	$0.08	2009-12-02	2009-12-04
September 18, 2009	$0.08	2009-09-02	2009-09-04
June 19, 2009	$0.08	2009-06-03	2009-06-05
March 20, 2009	$0.23	2009-03-04	2009-03-06
December 19, 2008	$0.23	2008-12-03	2008-12-05
September 19, 2008	$0.23	2008-09-03	2008-09-05
June 20, 2008	$0.23	2008-06-04	2008-06-06
March 20, 2008	$0.23	2008-03-04	2008-03-06
December 20, 2007	$0.23	2007-12-04	2007-12-06
September 20, 2007	$0.23	2007-09-04	2007-09-06
June 20, 2007	$0.23	2007-06-04	2007-06-06
March 20, 2007	$0.23	2007-03-02	2007-03-06
December 20, 2006	$0.23	2006-12-04	2006-12-06
September 20, 2006	$0.23	2006-09-01	2006-09-06
June 19, 2006	$0.23	2006-06-01	2006-06-05
March 20, 2006	$0.23	2006-03-02	2006-03-06
December 20, 2005	$0.23	2005-12-02	2005-12-06
September 20, 2005	$0.23	2005-09-01	2005-09-06
June 20, 2005	$0.23	2005-06-02	2005-06-06
March 21, 2005	$0.23	2005-03-03	2005-03-07
December 20, 2004	$0.23	2004-12-02	2004-12-06
September 20, 2004	$0.23	2004-09-01	2004-09-06
June 18, 2004	$0.23	2004-06-02	2004-06-04
March 19, 2004	$0.23	2004-03-03	2004-03-05
December 19, 2003	$0.23	2003-12-03	2003-12-05

Dividends Summary

Consistent Payer: First Merchants Corp has rewarded shareholders with 89 dividend payments over the past 22 years.
Total Returned Value: Investors who held FRME shares during this period received a total of $17.01 per share in dividend income.
Latest Payout: The most recent dividend of $0.36/share was paid 35 days ago, on December 19, 2025.
Yield & Schedule: FRME currently pays dividends quarterly with an annual yield of 3.68%.
Dividend Growth: Since 2003, the dividend payout has grown by 56.5%, from $0.23 to $0.36.
Dividend Reliability: FRME has maintained or increased its dividend for 64 consecutive payments.

Company News

First Merchants Corporation Announces Cash Dividend on Its Preferred Stock

Benzinga • Globe Newswire • January 12, 2026

First Merchants Corporation declared a quarterly cash dividend of $46.88 per share on its 7.50% Non-Cumulative Perpetual Preferred Stock Series A (FRMEP), with depositary share holders receiving $0.4688 per share. The dividend is payable on February 16, 2026, to stockholders of record on January 30, 2026.

FRMEP

First Merchants Corporation to Report Fourth Quarter 2025 Financial Results, Host Conference Call and Webcast

GlobeNewswire Inc. • Na • January 6, 2026

First Merchants Corporation (NASDAQ: FRME) announced it will release fourth quarter 2025 financial results on January 26, 2026, followed by an earnings conference call and webcast on January 27, 2026 at 9:00 a.m. ET. The company also declared a cash dividend of $0.36 per common share payable on December 19, 2025.

FRMEP

First Merchants Corporation Announces Cash Dividend

Benzinga • Globe Newswire • November 14, 2025

First Merchants Corporation declared a cash dividend of $0.36 per common share, payable on December 19, 2025, to shareholders of record as of December 5, 2025.

FRMEP

First Merchants Corporation Announces Cash Dividend on Its Preferred Stock

Benzinga • Globe Newswire • October 15, 2025

First Merchants Corporation declared a quarterly cash dividend of $46.88 per share on its 7.50% Non-Cumulative Perpetual Preferred Stock Series A, payable on November 14, 2025, to stockholders of record on October 31, 2025.

FRMEP

First Merchants Corporation to Report Third Quarter 2025 Financial Results, Host Conference Call and Webcast

GlobeNewswire Inc. • Nicole M. Weaver • October 2, 2025

First Merchants Corporation will release its Q3 2025 financial results on October 22, 2025, and host an earnings conference call and webcast on October 23, 2025.

FRMEP FSFG