WallStSmart
FRME

First Merchants Corporation

NASDAQ: FRME · FINANCIAL SERVICES · BANKS - REGIONAL

$39.82
-1.63% today

Updated 2026-04-29

Market cap
$2.53B
P/E ratio
11.94
P/S ratio
3.97x
EPS (TTM)
$3.39
Dividend yield
3.57%
52W range
$34 – $43
Volume
0.4M

First Merchants Corporation (FRME) Financial Forecast & Price Target 2030

Revenue-driven projection model with historical context.

Price target summary

Current price
$39.82
12-Month target
$37.94
2030 Target
Intrinsic (DCF)

Financial forecast

Metric20212022202320242025
Revenue$0.6B$0.7B$1.0B$1.1B$1.1B
EPS
CAGR applied: (capped 20%) · P/E: 11.94x (capped 25x) · Margin: 31.20%

Methodology

CAGR-based projection model. Research-backed estimates are being generated — check back soon for analyst consensus and management guidance.