NASDAQ Framework: First Merchants Corporation

Regional financial services holding company 1.
1: First Merchants Corporation is a financial holding company in Central Indiana,[1] headquartered in Muncie, Indiana. The Corporation includes First Merchants Bank and First Merchants Private Wealth Advisors (a division of First Merchants Bank). The company is listed on the NASDAQ as FRME. As of March 2023, total asset size of First Merchants Corporation was $18.2 billion.[2] First Merchants offers commercial banking, personal banking, and investment advisor services. View Source
First Merchants Corporation is the largest financial services holding company located in Central Indiana, headquartered in Muncie, Indiana. The company operates through its wholly owned subsidiary, First Merchants Bank, offering a comprehensive range of financial services including commercial banking, personal banking, mortgage lending, treasury management services, and wealth management. First Merchants has expanded its presence through various mergers and acquisitions, and it serves customers across Indiana, Illinois, Ohio, and Michigan. The corporation is listed on the NASDAQ under the ticker symbol FRME and, as of March 2023, boasts a total asset size of $18.2 billion 2345.
2: First Merchants Corporation is a financial holding company in Central Indiana,[1] headquartered in Muncie, Indiana. The Corporation includes First Merchants Bank and First Merchants Private Wealth Advisors (a division of First Merchants Bank). The company is listed on the NASDAQ as FRME. As of March 2023, total asset size of First Merchants Corporation was $18.2 billion.[2] First Merchants offers commercial banking, personal banking, and investment advisor services. View Source3: First Merchants Corporation is a financial holding company. The Company conducts banking activities through its wholly owned subsidiary, First Merchants Bank (the Bank). The Bank also operates as First Merchants Private Wealth Advisors (as a division of First Merchants Bank). Through the Bank, the Company offers a broad range of financial services, including accepting time, savings, and demand deposits; making consumer, commercial, agri-business and real estate mortgage... View Source4: First Merchants Corporation operates as the financial holding company for First Merchants Bank that provides community banking services. The company offers a range of financial services, including time, savings, and demand deposits; and consumer, commercial, agri-business, public finance, and real estate mortgage loans. It also provides personal and corporate trust; brokerage and private wealth management; and letters of credit, repurchase agreements, and other corporate services. The company operates banking locations in Indiana, Illinois, Ohio, and Michigan counties. It also offers its services through electronic and mobile delivery channels. First Merchants Corporation was founded in 1893 and is headquartered in Muncie, Indiana. View Source5: First Merchants Corporation is the largest financial services holding company located in Central Indiana. We provide our customers with broad financial services delivered locally by bankers who are known and trusted in their communities. We offer personal banking, business banking, mortgage lending, treasury management services, and wealth management. View Source
NO

First Merchants Corporation is not led by its founders, nor is there any indication that the founders are heavily involved. The company was founded in 1893, and there is no mention of the founders in the current leadership or operations 6.
6: First Merchants Corporation operates as the financial holding company for First Merchants Bank that provides community banking services. The company offers a range of financial services, including time, savings, and demand deposits; and consumer, commercial, agri-business, public finance, and real estate mortgage loans. It also provides personal and corporate trust; brokerage and private wealth management; and letters of credit, repurchase agreements, and other corporate services. The company operates banking locations in Indiana, Illinois, Ohio, and Michigan counties. It also offers its services through electronic and mobile delivery channels. First Merchants Corporation was founded in 1893 and is headquartered in Muncie, Indiana. View Source
LOW RISK

First Merchants Corporation is considered low risk based on its strong financial performance and stability. The company has consistently been recognized for its financial strength and performance, including being ranked as one of America's Best Banks by Forbes for five consecutive years 7. Additionally, First Merchants has maintained a solid liquidity position and a robust balance sheet, with total assets of $18.2 billion as of March 2023 8. The company also offers a diverse range of financial services and has a strong presence in multiple states, further contributing to its financial stability 9.
7: In June 2022, First Merchants Bank was ranked by Forbes as one of America's Best Banks.[9] This is the 5th year in a row First Merchants has received this award. In March 2021, Forbes ranked First Merchants Bank as a top U.S. bank for the 4th consecutive year.[10] First Merchants Bank was ranked #2 on the “America's Best Bank list in January 2019.[11][12] compiled by Forbes, up from their #4 ranking in 2018.[13] View Source8: First Merchants Corporation is a financial holding company in Central Indiana,[1] headquartered in Muncie, Indiana. The Corporation includes First Merchants Bank and First Merchants Private Wealth Advisors (a division of First Merchants Bank). The company is listed on the NASDAQ as FRME. As of March 2023, total asset size of First Merchants Corporation was $18.2 billion.[2] First Merchants offers commercial banking, personal banking, and investment advisor services. View Source9: First Merchants Corporation operates as the financial holding company for First Merchants Bank that provides community banking services. The company offers a range of financial services, including time, savings, and demand deposits; and consumer, commercial, agri-business, public finance, and real estate mortgage loans. It also provides personal and corporate trust; brokerage and private wealth management; and letters of credit, repurchase agreements, and other corporate services. The company operates banking locations in Indiana, Illinois, Ohio, and Michigan counties. It also offers its services through electronic and mobile delivery channels. First Merchants Corporation was founded in 1893 and is headquartered in Muncie, Indiana. View Source
NO

There is no evidence to suggest that First Merchants Corporation is launching any new product offerings. The provided facts do not mention any new products being introduced by the company 10111213.
10: ^ "Investors | First Merchants". www.firstmerchants.com. Retrieved 2016-05-05. ^ "Investor Relations | First Merchants Corporation". ir.firstmerchants.com. Retrieved 2022-04-01. ^ "First Merchants Corporation Completes its Merger with The Arlington Bank". Default. Retrieved 2017-05-22. ^ "First Merchants Corporation Completes its Merger with Independent Alliance Banks, Inc". Default. Retrieved 2017-07-27. ^ "First Merchants Finalizes its Merger with Monroe Bank & Trust". Default. Retrieved 2019-09-03. ^ "First Merchants to acquire Hoosier Trust Company". Default. Retrieved 2022-02-07. ^ "First Merchants Corp. Completes Legal Closing of Level One Bancorp Merger". First Merchants News. Retrieved 2022-04-01. ^ "Ball Diamond at First Merchants Ballpark Complex". Ball State University. ^ "America's Best Banks 2022". Forbes. Retrieved 2022-06-29. ^ "Forbes ranks First Merchants as top U.S. Bank for fourth consecutive year". ^ "Forbes ranks First Merchants Bank #2 of America's Best Banks". www.firstmerchants.com. Retrieved 2019-03-04. ^ Badenhausen, Kurt. "America's Best And Worst Banks 2019". Forbes. Retrieved 2019-03-04. ^ "Forbes ranks First Merchants as top-five U.S. bank for 2018 | First Merchants Bank". www.firstmerchants.com. Retrieved 2019-03-04. ^ "First Merchants Bank Named to Great Employers to Work for in Indiana 2022 List". Default. Retrieved 2022-06-07. ^ Patrick, Rebecca (2018-02-19). "Record 125 Best Places to Work in Indiana Companies Named". Indiana Chamber of Commerce. Retrieved 2019-03-04. ^ Patrick, Rebecca (2019-02-18). "2019 Best Places to Work in Indiana Companies Named; Chamber Announces Rankings April 30". Indiana Chamber of Commerce. Retrieved 2019-03-04. ^ "Best Places To Work in Columbus Ohio". www.bizjournals.com. Retrieved 2019-03-04. ^ "2018 "Best Places to Work in Illinois"". www.bestplacestoworkil.com. Retrieved 2019-03-04. ^ "First Merchants Culture via Comparably". www.comparably.com/companies/first-merchants. Retrieved 2022-06-29. ^ "Forbes Names First Merchants Bank Among Indiana's Best for Customer Experience". Default. Retrieved 2022-06-29. ^ "Best Big Banks by State 2022". Newsweek. 14 September 2021. Retrieved 8 February 2022. ^ "S&P Global Market Intelligence ranks First Merchants as a top 20 bank in 2021". S&P Global. 30 March 2022. Retrieved 30 March 2022. View Source11: First Merchants Corporation is a financial holding company in Central Indiana,[1] headquartered in Muncie, Indiana. The Corporation includes First Merchants Bank and First Merchants Private Wealth Advisors (a division of First Merchants Bank). The company is listed on the NASDAQ as FRME. As of March 2023, total asset size of First Merchants Corporation was $18.2 billion.[2] First Merchants offers commercial banking, personal banking, and investment advisor services. View Source12: First Merchants Corporation is a financial holding company. The Company conducts banking activities through its wholly owned subsidiary, First Merchants Bank (the Bank). The Bank also operates as First Merchants Private Wealth Advisors (as a division of First Merchants Bank). Through the Bank, the Company offers a broad range of financial services, including accepting time, savings, and demand deposits; making consumer, commercial, agri-business and real estate mortgage... View Source13: First Merchants Corporation operates as the financial holding company for First Merchants Bank that provides community banking services. The company offers a range of financial services, including time, savings, and demand deposits; and consumer, commercial, agri-business, public finance, and real estate mortgage loans. It also provides personal and corporate trust; brokerage and private wealth management; and letters of credit, repurchase agreements, and other corporate services. The company operates banking locations in Indiana, Illinois, Ohio, and Michigan counties. It also offers its services through electronic and mobile delivery channels. First Merchants Corporation was founded in 1893 and is headquartered in Muncie, Indiana. View Source
First Merchants Corporation's product roadmap and expansion strategy for 2024 through 2026 focuses on continued growth through mergers and acquisitions, as well as organic expansion. The company has a history of strategic acquisitions, including recent mergers with Level One Bancorp in 2022 and Hoosier Trust Company in 2020, which have bolstered its presence in key markets 1415. Additionally, First Merchants aims to maintain its strong financial performance and stability, as evidenced by its consistent recognition as one of America's Best Banks by Forbes 16. The corporation also plans to leverage its broad range of financial services, including commercial banking, personal banking, mortgage lending, and wealth management, to attract and retain customers across Indiana, Illinois, Ohio, and Michigan 1718.
14: ^ "Investors | First Merchants". www.firstmerchants.com. Retrieved 2016-05-05. ^ "Investor Relations | First Merchants Corporation". ir.firstmerchants.com. Retrieved 2022-04-01. ^ "First Merchants Corporation Completes its Merger with The Arlington Bank". Default. Retrieved 2017-05-22. ^ "First Merchants Corporation Completes its Merger with Independent Alliance Banks, Inc". Default. Retrieved 2017-07-27. ^ "First Merchants Finalizes its Merger with Monroe Bank & Trust". Default. Retrieved 2019-09-03. ^ "First Merchants to acquire Hoosier Trust Company". Default. Retrieved 2022-02-07. ^ "First Merchants Corp. Completes Legal Closing of Level One Bancorp Merger". First Merchants News. Retrieved 2022-04-01. ^ "Ball Diamond at First Merchants Ballpark Complex". Ball State University. ^ "America's Best Banks 2022". Forbes. Retrieved 2022-06-29. ^ "Forbes ranks First Merchants as top U.S. Bank for fourth consecutive year". ^ "Forbes ranks First Merchants Bank #2 of America's Best Banks". www.firstmerchants.com. Retrieved 2019-03-04. ^ Badenhausen, Kurt. "America's Best And Worst Banks 2019". Forbes. Retrieved 2019-03-04. ^ "Forbes ranks First Merchants as top-five U.S. bank for 2018 | First Merchants Bank". www.firstmerchants.com. Retrieved 2019-03-04. ^ "First Merchants Bank Named to Great Employers to Work for in Indiana 2022 List". Default. Retrieved 2022-06-07. ^ Patrick, Rebecca (2018-02-19). "Record 125 Best Places to Work in Indiana Companies Named". Indiana Chamber of Commerce. Retrieved 2019-03-04. ^ Patrick, Rebecca (2019-02-18). "2019 Best Places to Work in Indiana Companies Named; Chamber Announces Rankings April 30". Indiana Chamber of Commerce. Retrieved 2019-03-04. ^ "Best Places To Work in Columbus Ohio". www.bizjournals.com. Retrieved 2019-03-04. ^ "2018 "Best Places to Work in Illinois"". www.bestplacestoworkil.com. Retrieved 2019-03-04. ^ "First Merchants Culture via Comparably". www.comparably.com/companies/first-merchants. Retrieved 2022-06-29. ^ "Forbes Names First Merchants Bank Among Indiana's Best for Customer Experience". Default. Retrieved 2022-06-29. ^ "Best Big Banks by State 2022". Newsweek. 14 September 2021. Retrieved 8 February 2022. ^ "S&P Global Market Intelligence ranks First Merchants as a top 20 bank in 2021". S&P Global. 30 March 2022. Retrieved 30 March 2022. View Source15: First Merchants Bank has been growing both organically and through mergers and acquisitions. Banks acquired include: View Source16: In June 2022, First Merchants Bank was ranked by Forbes as one of America's Best Banks.[9] This is the 5th year in a row First Merchants has received this award. In March 2021, Forbes ranked First Merchants Bank as a top U.S. bank for the 4th consecutive year.[10] First Merchants Bank was ranked #2 on the “America's Best Bank list in January 2019.[11][12] compiled by Forbes, up from their #4 ranking in 2018.[13] View Source17: First Merchants Corporation is a financial holding company in Central Indiana,[1] headquartered in Muncie, Indiana. The Corporation includes First Merchants Bank and First Merchants Private Wealth Advisors (a division of First Merchants Bank). The company is listed on the NASDAQ as FRME. As of March 2023, total asset size of First Merchants Corporation was $18.2 billion.[2] First Merchants offers commercial banking, personal banking, and investment advisor services. View Source18: First Merchants Corporation operates as the financial holding company for First Merchants Bank that provides community banking services. The company offers a range of financial services, including time, savings, and demand deposits; and consumer, commercial, agri-business, public finance, and real estate mortgage loans. It also provides personal and corporate trust; brokerage and private wealth management; and letters of credit, repurchase agreements, and other corporate services. The company operates banking locations in Indiana, Illinois, Ohio, and Michigan counties. It also offers its services through electronic and mobile delivery channels. First Merchants Corporation was founded in 1893 and is headquartered in Muncie, Indiana. View Source