Craft

First Merchants

Stock Price

$37.1

2024-10-29

Market Capitalization

$2.2 B

2024-10-29

Revenue

$126.9 M

FY, 2025

First Merchants Summary

Company Summary

Overview
First Merchants is a bank holding company for First Merchants Bank. The Bank also operates Lafayette Bank and Trust, and First Merchants Private Wealth Advisors. Through the Bank, First Merchants offers a range of financial services, including accepting time deposits, savings and demand deposits; making consumer, commercial and real estate mortgage loans; renting safe deposit facilities; providing personal and corporate trust services, and providing other corporate services, letters of credit and repurchase agreements.
Type
Public
Status
Active
Founded
1982
HQ
Muncie, IN, US | view all locations
Website
https://www.firstmerchants.com/
Cybersecurity rating
ESG rating
40-49 out of 100|View all ESG data
Sectors

Key People

  • Michael C. Rechin

    Michael C. Rechin, Director

    • Terry Blaker

      Terry Blaker, Director, Investment & Portfolio Management

    • Mark K. Hardwick

      Mark K. Hardwick, CEO

      • Nancy Leming

        Nancy Leming, Director, Private Banking

      Operating MetricsView all

      Non-performing Loans

      $27.7M
      26.8%

      Q2, 2017

      Non-accrual Loans

      $27.3M
      18.5%

      Q2, 2017

      Total Loans

      $5.6B
      17.1%

      Q2, 2017

      LocationsView all

      1 location detected

      • Muncie, IN HQ

        United States

        200 E Jackson St

      First Merchants Financials

      Summary Financials

      Revenue (Q1, 2026)
      $5.8M
      Net income (Q1, 2026)
      $28.2M
      Cash (Q1, 2026)
      $98.1M

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