First Merchants Stock

First Merchants Book Value per Share

The Book Value per Share of First Merchants (FRME) as of Sep 7, 2026 is 38.91 USD. In the previous year, Book Value per Share was 36.36 USD — a change of 7.01% (higher).

Book Value per Share

38.91USD

YoY

7.01%

Last updated:

Book Value per Share of First Merchants is 2026 38.91 USD. Book Value per Share of First Merchants was 2025 36.36 USD. It decreases by 7.01% higher compared to the previous year.

The First Merchants Book Value per Share history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Book Value per Share
Date
Book Value per Share
Jan 1, 2018
22.22 USD
Jan 1, 2019
28.18 USD
Jan 1, 2020
29.59 USD
Jan 1, 2021
30.17 USD
Jan 1, 2022
32.10 USD
Jan 1, 2023
35.46 USD
Jan 1, 2024
36.36 USD
Jan 1, 2025
38.91 USD
The First Merchants Book Value per Share history
YEARBook Value per ShareYoY
38.91USD+7.01%
36.36USD+2.55%
35.46USD+10.47%
32.10USD+6.39%
30.17USD+1.97%
29.59USD+4.99%
28.18USD+26.85%
22.22USD+8.04%
20.56USD+44.56%
14.22USD+6.01%
13.42USD+17.02%
11.47USD
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First Merchants Stock analysis

What does First Merchants do? First Merchants Corp is one of the largest independent banks in Indiana, USA. The bank was founded in 1982 and has since become a leading financial institution with a strong presence in the region. The company is listed on the NASDAQ stock exchange under the symbol FRME. First Merchants Corp's business model is based on providing top-notch financial services to customers in Indiana and other parts of the country. The bank offers a wide range of products and services for individuals, businesses, and institutions. These include savings accounts, credit cards, loans, leasing, online and mobile banking, and wealth management. First Merchants Corp also operates a number of subsidiaries and business segments that offer specialized products and services. This includes the First Merchants Insurance Group, which provides insurance for private and business customers. The First Merchants Wealth Management Group offers investment and wealth management services to clients. The bank also operates a subsidiary called First Merchants Investment Services, which provides securities services to individual customers and business. In addition, First Merchants Trust Company operates an asset management service that focuses on testamentary assets and trust accounts. First Merchants Corp's product range includes a wide range of financial services for a variety of customers. For retail customers, the company offers checking and savings accounts, credit cards, mortgage loans, auto loans, and personal loans. For business customers, loans are available to support equipment, real estate, and working capital, as well as cash management and credit card services. As part of its efforts to provide its customers with the best financial products and services, First Merchants Corp has significantly improved its online and mobile banking. Customers can conduct banking transactions from anywhere by simply downloading an app or visiting the website. In recent years, the bank has expanded its presence in Indiana through a series of acquisitions. The acquisition of Old National Bancorp in 2021 has made First Merchants Corp the largest bank in the region. The company has also acquired a number of smaller banks to further strengthen its position in the market. Overall, First Merchants Corp has a long history as a reliable and trustworthy financial services provider in Indiana. With its wide range of products, strong business model, and dedicated customer service, the company is well positioned to grow and continue to be successful in the future. First Merchants is one of the most popular companies on Eulerpool.

Frequently Asked Questions about First Merchants stock

Book Value per Share of First Merchants is 38.91 USD in 2026.

Book Value per Share of First Merchants changed from 36.36 USD to 38.91 USD, representing a 7.01% change. The value is higher than the previous year.

On Eulerpool you can find the complete historical development of Book Value per Share First Merchants since 2006 – with annual values, charts, and detailed analysis.

Book value per share represents the net asset value of the company per outstanding share. Comparing it to the stock price helps assess whether a stock is undervalued.

Access this data via the Eulerpool API

Balance Sheet — First Merchants

All Key Metrics — First Merchants