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First Merchants Corporation Announces Cash Dividend on its Preferred Stock
Globe Newswire (Mon, 13-Jul 4:05 PM ET)
First Merchants Corporation - Depository Shares, each representing a 1/100th interest in a share of 7.50% Non-Cumulative Perpetual Preferred Stock, A trades on the stock market under the symbol FRMEP.
As of September 9, 2026, FRMEP stock price was flat at $25.04 with 1 million shares trading.
FRMEP has a market cap of $0.00. This is considered a Sub-Micro Cap stock.
In the last 3 years, FRMEP traded as high as $27.09 and as low as $23.00.
FRMEP has underperformed the market in the last year with a return of +5.4%, while the SPY ETF gained +18.7%. In the last 3 month period, FRMEP fell short of the market, returning +1.8%, while SPY returned +3.4%. However, in the most recent 2 weeks FRMEP has outperformed the stock market by returning -0.3%, while SPY returned -0.5%.
FRMEP support price is $24.75 and resistance is $25.33 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that FRMEP shares will trade within this expected range on the day.