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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 8, 2026, FRMEP stock price was flat at $25.00 with 688 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 price return of +4.0% while the SPY ETF gained +19.2%. FRMEP has also underperformed the stock market ETF in the last 3 month and 2 week periods returning +1.3% and -0.8%, respectively, while the SPY returned +1.4% and 0.0%, respectively.
FRMEP support price is $24.71 and resistance is $25.29 (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.