First Merchants Corporation

FRMENASDAQFinancial Services● Active

$40.38

+$0.45(+1.11%)

Market Cap$2.5B

P/E Ratio—

52W High$43.22

52W Low$34.66

Avg Volume374K

Open$40.04

Beta0.86

Employees Ownership Insider Trades

First Merchants Corporation (FRME) Number of Employees – History & Annual Headcount

Annual SEC headcount, year-over-year change, and per-employee efficiency — chart and full history below.

SEC EDGAR · FMP · FRME · as of Feb 25, 2026

Latest filing snapshot

2,086

-34-1.60%vs prior year

First Merchants Corporation (FRME) employee data is sourced from the annual SEC 10-K filing. As of 2025, full-time employees only. Global consolidated headcount. View SEC filing ↗

SEC 10-K·Period end: 2025-12-31·Full-time · Global

Total Employees

2,086

Change (1Y)

-34

Growth % (1Y)

-1.60%

Revenue / Employee

$503.5K

Net Income / Employee

$108.3K

Market Cap

$2.5B

FRME Employee Count

1993 – 2025 · Annual · SEC filing

Source: SEC annual filings · Hover bar to view year data · Click to view original filing

Employees History

Filing Date	Period End	Employees	Change (1Y)	Growth (1Y)
2026-02-25	2025-12-31	2,086	-34	-1.60%
2025-02-24	2024-12-31	2,120	-42	-1.94%
2024-02-29	2023-12-31	2,162	+38	+1.79%
2023-03-01	2022-12-31	2,124	+303	+16.64%
2022-03-01	2021-12-31	1,821	-86	-4.51%
2021-03-01	2020-12-31	1,907	+16	+0.85%
2020-02-28	2019-12-31	1,891	+189	+11.10%
2019-02-27	2018-12-31	1,702	+18	+1.07%
2018-03-01	2017-12-31	1,684	+235	+16.22%
2017-03-01	2016-12-31	1,449	-80	-5.23%

▸ Source: SEC Annual Reports (Form 10-K / 20-F). Employee counts as of fiscal year end. Click the ↗ icon at the end of a row to open the original SEC filing in a new tab.

Related Companies — Employee Count

Banks - Regional

#SymbolCompanyEmployeesMkt Cap

FRME

First Merchants CorporationYOU

2,086$2.5B #2

FFBC

First Financial Bancorp.

2,021$3.3B #3

BUSE

First Busey Corporation

Enterprise Financial Services Corp

1,218$2.3B #7

CUBI

Customers Bancorp, Inc.

787$2.5B

Source: /stock-peers + /profile.fullTimeEmployees · Click row → /employees · Sorted by headcount · FRME peer comparison

About FRME employees

FRME Employees · Headcount

First Merchants Corporation (FRME) employee data is sourced from the annual SEC 10-K filing. As of 2025, First Merchants Corporation had 2,086 full-time employees globally. Full-time employees only. Global consolidated headcount.

First Merchants Corporation employs 2,086 full-time employees as of the latest filing within the Banks - Regional industry. Revenue per employee stands at $503,452, reflecting the company's operational efficiency.

First Merchants Corporation's workforce decreased by 34 (1.60%) in 2025 compared to the prior fiscal year. The historical trend reflects the company's expansion and contraction cycles.

First Merchants Corporation's revenue per employee of $503,452 positions it among the notable performers in the Banks - Regional sector for operational efficiency.

Revenue Financial statements Net income SEC filings Price history Forecast & ratings Ownership Earnings

Frequently Asked Questions

FRME Employees · 5 questions

As of the latest SEC 10-K filing (2025), First Merchants Corporation had 2,086 full-time employees globally. This figure is sourced from the company's mandatory annual disclosure to the SEC.

First Merchants Corporation employee counthow many employees does First Merchants Corporation haveFRME total employees 2025

▸ Data source: FMP /historical-employee-count · SEC EDGAR annual filings · As reported · Global consolidated headcount · As of 2026-02-25