About First Merchants Bank
First Merchants Bank is a company based in Indianapolis (United States) founded in 1893. The company has 2,120 employees as of December 31, 2024. First Merchants Bank has completed 5 acquisitions, including Ameriana Bank, Hoosier Trust and Monroe Bank & Trust. First Merchants Bank offers products and services including Checking Accounts, Savings Accounts, Mortgages, Personal Loans, and Credit Cards. First Merchants Bank operates in a competitive market with competitors including Truist, First Republic Bank, Equity Bank, Investec and UniCredit, among others.
- Headquarter Indianapolis, United States
- Employees 2120 as on 31 Dec, 2024
- Stage Public
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Sectors
Financial Services
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Email
Locked
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Phone
Locked
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Website
Locked
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Social
Locked
- Legal Name First Merchants Corporation
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Annual Revenue
$1.05 B (USD)0as on Dec 31, 2025
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Net Profit
$226 M (USD)0as on Dec 31, 2025
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EBITDA
Not available
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Latest Funding Round
$21.17 M (USD), Post-IPO
Sep 22, 2011
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Investors
Not available
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Employee Count
2120
as on Dec 31, 2024
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Investments & Acquisitions
Ameriana Bank
& 4 more
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IPO & Listings of First Merchants Bank
First Merchants Bank is a publicly listed company on the NASDAQ with ticker symbol FRME in USA, operating in the Finance sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of First Merchants Bank
First Merchants Bank offers a comprehensive portfolio of products and services, including Checking Accounts, Savings Accounts, Mortgages, Personal Loans, and Credit Cards.
Accounts for everyday transactions and payments.
Accounts for saving money and earning interest.
Loans for home purchases and refinancing.
Loans for individual financial needs and expenses.
Cards for purchases and building credit scores.
People of First Merchants Bank
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Leadership Team
26 people
Software Development Team
19 people
Finance and Accounting
13 people
Sales and Marketing
9 people
Operations Team
9 people
Legal and Compliance
6 people
Senior Team
4 people
Human Resources and Administration
3 people
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Funding Insights of First Merchants Bank
Investments & Acquisitions by First Merchants Bank
First Merchants Bank has strategically engaged in corporate development activities, having acquired 5 companies. Notable acquisitions include Ameriana Bank, Hoosier Trust and Monroe Bank & Trust.
Investment portfolio details for First Merchants Bank
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
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- Investment values
Verified entity values are shown only after access is granted.
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Wealth management services are provided by Hoosier Trust to clients.
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Locked | Locked | 2002 | Locked | |
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Commercial banking services are offered in the United States.
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Locked | Locked | 1946 | Locked | |
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Retail and business banking services are provided to local communities.
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Locked | Locked | 1890 | Locked |
Complete acquisition details for First Merchants Bank
Transaction dates, acquired stakes, disclosed values, domains, and locations require an active premium plan.
- Transaction dates
- Acquired stakes
- Disclosed values
- Domains and locations
Verified entity values are shown only after access is granted.
Financial Statements - First Merchants Bank
Detailed financials for First Merchants Bank
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
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- Profit trends
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Verified entity values are shown only after access is granted.
First Merchants Bank Comparisons
Peer comparison for First Merchants Bank
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
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Competitors of First Merchants Bank
First Merchants Bank operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Truist, First Republic Bank, Equity Bank, Investec and UniCredit, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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| Locked | Locked | Locked |
Wealth advisory and banking services are offered to clients.
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| Locked | Locked | Locked |
Commercial bank
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| Locked | Locked | Locked |
Commercial banking services are provided to businesses and individuals.
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| Locked | Locked | Locked |
Global banking, investment, and wealth management services are offered worldwide.
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| Locked | Locked | Locked |
Commercial bank
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| Locked | Locked | Locked |
Commercial banking and wealth management services are offered globally.
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Detailed competitors of First Merchants Bank
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Latest news on First Merchants Bank
Complete news archive for First Merchants Bank
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Frequently Asked Questions about First Merchants Bank
First Merchants Bank was founded in 1893 and raised its 1st funding round 118 years after it was founded.
First Merchants Bank is headquartered in Indianapolis, United States. It is registered at Indianapolis, Indiana, United States.
Mike Rechin is the current CEO of First Merchants Bank.
As of Dec 31, 2024, the latest employee count at First Merchants Bank is 2,120.
Annual revenue of First Merchants Bank is $1.05B as on Dec 31, 2025.
First Merchants Bank was established in 1893 and is headquartered in Indianapolis, United States. Operations as a commercial bank are focused on delivering financial services such as deposits, loans, and treasury management to corporate clients and consumers. The institution serves communities primarily in the Midwest region, with digital platforms accessible via its domain. Leadership is held by CEO Mike Rechin, overseeing strategic growth and regulatory compliance.
First Merchants Bank offers Checking Accounts, Savings Accounts, Mortgages, Personal Loans, and Credit Cards.
Yes, First Merchants Bank is publicly traded on NASDAQ under the ticker symbol FRME.
First Merchants Bank has made 5 acquisitions, including Ameriana Bank, Hoosier Trust, and Monroe Bank & Trust.
The ticker symbol of First Merchants Bank is FRME on NASDAQ.