First Merchants - Depository Shares Each Representing A 1/100Th Interest In A Share Of 7.50% Non-Cumulative Perpetual Preferred Stock A (FRMEP) closed at $25.22 on October 15, 2026, down 0.3% from the previous close, on volume of 1,275 shares (30-day average 684).
Data as of October 15, 2026.
First Merchants Corporation 7.50% PFD SER Aprice alerts declares $0.4688 dividend
Seeking Alpha News (Thu, 15-Oct 4:01 PM ET)
First Merchants Corporation Announces Cash Dividend on Its Preferred Stock
Globe Newswire (Thu, 15-Oct 3:05 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 October 16, 2026, FRMEP stock price was flat at $25.22 with 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 +3.1%, while the SPY ETF gained +16.7%. In the last 3 month period, FRMEP fell short of the market, returning +0.3%, while SPY returned +1.9%. However, in the most recent 2 weeks FRMEP has outperformed the stock market by returning +0.3%, while SPY returned -0.8%.
FRMEP support price is $25.00 and resistance is $25.44 (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.