First Merchants Corporation (FRME) - Market capitalization

Market cap: S$2.79 Billion

As of December 2025 First Merchants Corporation has a market cap of S$2.79 Billion. This makes First Merchants Corporation the world's 4521th most valuable company by market cap according to our data. The market capitalization, commonly called market cap, is the total market value of a publicly traded company's outstanding shares and is commonly used to measure how much a company is worth.

Market cap history of First Merchants Corporation from 1996 to 2025

End of year Market Cap

Year	Marketcap	Change
2025	S$2.79 B	-12.85%
2024	S$3.20 B	9.52%
2023	S$2.93 B	-10.72%
2022	S$3.28 B	8.53%
2021	S$3.02 B	12.64%
2020	S$2.68 B	-13.5%
2019	S$3.10 B	34.37%
2018	S$2.31 B	-16.43%
2017	S$2.76 B	24.33%
2016	S$2.22 B	52.08%
2015	S$1.46 B	29.12%
2014	S$1.13 B	9.5%
2013	S$1.03 B	98.6%
2012	S$0.52 B	66.33%
2011	S$0.31 B	7.26%
2010	S$0.29 B	64.88%
2009	S$0.17 B	-69.52%
2008	S$0.58 B	-0.39%
2007	S$0.58 B	-24.17%
2006	S$0.76 B	-3.57%
2005	S$0.79 B	-7.53%
2004	S$0.86 B	7.45%
2003	S$0.80 B	24.31%
2002	S$0.64 B	14.57%
2001	S$0.56 B	23.39%
2000	S$0.45 B	-4.48%
1999	S$0.47 B	9.88%
1998	S$0.43 B	3.95%
1997	S$0.41 B	70.88%
1996	S$0.24 B

End of Day market cap according to different sources

On Dec 5th, 2025 the market cap of First Merchants Corporation was reported to be:

S$2.79 Billion

by Nasdaq

S$2.79 Billion

by CompaniesMarketCap

Market capitalization for similar companies or competitors

Name	Marketcap	Market cap differencediff.	Country
First Financial THFF	S$0.92 B	-66.83%	🇺🇸 USA
1st Source SRCE	S$2.02 B	-27.62%	🇺🇸 USA
Horizon Bancorp HBNC	S$1.14 B	-58.96%	🇺🇸 USA
Old National Bank ONB	S$11.29 B	303.70%	🇺🇸 USA
German American Bancorp GABC	S$1.92 B	-31.18%	🇺🇸 USA
Lakeland Financial Corp LKFN	S$1.92 B	-31.08%	🇺🇸 USA

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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Market capitalization of First Merchants Corporation (FRME)

Market cap: S$2.79 Billion