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First Merchants Corporation Announces Cash Dividend on Its Preferred Stock
Globe Newswire (Thu, 16-Apr 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 June 18, 2026, FRMEP stock price declined to $25.05 with 600 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 +5.8%, while the SPY ETF gained +26.9%. In the last 3 month period, FRMEP fell short of the market, returning +0.2%, while SPY returned +13.5%. However, in the most recent 2 weeks FRMEP has outperformed the stock market by returning -0.4%, while SPY returned -1.1%.
FRMEP support price is $25.08 and resistance is $25.43 (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.