DividendMapper
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FRME

First Merchants Corporation

  • Financial
  • US companies in Banks - Regional (82)
  • NASDAQ · USD
  • Mkt cap $2.6bn

$41.09

as of 26 Oct 2026, 9% below its 52-week high

Screens as reasonably placed to keep growing its dividend, with low cut-risk signals. Its valuation looks somewhat extended against its own history.

These scores are a resilience check on the dividend, not a recommendation to buy or sell. They are not financial advice.

Trailing yield
3.55%Last 12 months of regular payments at today's price
Forward yield
3.72%Each payment expected in the next 12 months, not the latest one doubled
Cash cover
3.6×Free cash flow over dividends paid
Earnings cover
2.2×Insurers and banks set dividends from capital generation, so their accounting earnings can sit well below the payout.
5y dividend growth
+6.6% a yearLast cut in FY2010
Next ex-dividend date
Estimated5 Dec 2026Quarterly dividend of about $0.38

Compared with US companies in Banks - Regional (82)

  • Trailing yield is higher than 61 of the 80 other US companies in Banks - Regional with a yield figure.
  • 5y dividend growth (as paid) is higher than 49 of the 75 other US companies in Banks - Regional with a 5y growth figure.

Quality

68

Moderate

Capacity to keep growing the dividend

Risk

0

Low

Signals of dividend-cut pressure

Trim

52

Moderate

How extended the valuation looks

Why Quality is 68

FRME against US companies in Banks - Regional (82)

Valuation against its own history

As of the last reported period (30 Sept 2026). P80 means the figure is higher than 80% of FRME’s past readings.

  • P/E12.6×P73, poor for this measure
  • Yield3.67%P75, good for this measure
  • DGR 5y+5.8%P2, poor for this measure
  • ROIC2.6%P5, poor for this measure

Net debt / EBITDA is left out: for banks and insurers, debt is part of the business, so the ratio says little.

Open valuation history

Forecast your income with the FRME dividend calculator

Inspect surfaces history; it does not predict the future. Nothing here is financial advice or an instruction to buy or sell. Always do your own research. See the Terms of Service.