First Merchants Corporation (FRME): Valuation
TTM figures as of March 31, 2026
First Merchants Corporation trades at 13.0 times trailing earnings. On P/E that is higher than 57% of its own month-end history back to 2011. The Financial Services median P/E is 14.5.
Earnings yield 7.70%. Shareholder yield 5.78%.
186 month-end valuation observations are on file, starting March 2011.
Sector comparison uses 3659 Financial Services names.
Frequently asked questions
Is FRME cheap versus its own history?
First Merchants Corporation trades at 13.0 times trailing earnings. On P/E that is higher than 57% of its own month-end history back to 2011. The Financial Services median P/E is 14.5.
What is FRME's free-cash-flow yield?
Free-cash-flow yield is trailing free cash flow divided by the live market cap. It is omitted when free cash flow is missing.
Where do these valuation figures come from?
Yields and quality metrics are computed from the same SEC TTM figures as the financials page, against the live market cap. Historical bands reconstruct month-end market cap from split-adjusted closes and the share count in the units it was filed, then divide by those dollar totals. Nothing here is a third-party estimate.