First Merchants Corporation FRME Price / book

Price / book at other companies

JPMorgan ChaseJPM

2.3×+0.2×

Fifth Third BankFITB

1.5×+0.2×

Huntington BancsharesHBAN

1.1×0.0×

PNC Financial ServicesPNC

1.5×+0.3×

Lakeland FinancialLKFN

2×-0.2×

Northwest BancsharesNWBI

1.2×+0.2×

FAQ

What is First Merchants Corporation's price / book?

First Merchants Corporation (FRME) reported price / book of 1× in Q2 2026.

How has First Merchants Corporation's price / book changed year-over-year?

First Merchants Corporation's price / book increased by 10.4% year-over-year, from 0.9× to 1×.

What is the long-term trend for First Merchants Corporation's price / book?

Over 5 years (2020 to 2025), First Merchants Corporation's price / book has grown at a -4.0% compound annual growth rate (CAGR), from 1.1× to 0.9×.

What does price / book mean?

Market capitalization at the quarter end divided by shareholders' equity. The premium (or discount) the market assigns to the company's book equity.