WallStSmart
FRME

First Merchants Corporation Depository Shares

NASDAQ: FRMEP · FINANCIAL SERVICES · BANKS - REGIONAL

$25.70
+0.00% today

Updated 2026-05-05

Market cap
$2.42B
P/E ratio
6.75
P/S ratio
EPS (TTM)
$3.81
Dividend yield
5.66%
52W range
$23 – $26
Volume
0.0M

First Merchants Corporation Depository Shares (FRMEP) Financial Forecast & Price Target 2030

Revenue-driven projection model with historical context.

Price target summary

Current price
$25.70
12-Month target
$22.81
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: 6.75x (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.