FRMEP First Merchants Corporation - Depository Shares, each representing a 1/100th interest in a share of 7.50% Non-Cumulative Perpetual Preferred Stock, A

First Merchants Corporation operates as the financial holding company for First Merchants Bank that provides community banking services. It accepts time, savings, and demand deposits; and provides consumer, commercial, agri-business, and real estate mortgage loans, as well as public finance. The company also offers personal and corporate trust; brokerage and private wealth management; and letters of credit, repurchase agreements, and other corporate services. It operates 109 banking locations in Indiana, Illinois, Ohio, and Michigan counties. The company also offers its services through electronic and mobile delivery channels. First Merchants Corporation was founded in 1893 and is headquartered in Muncie, Indiana.

$26.02
As of 07/01/2022     IEX book   CBOE book


Security Information
Category1:  US Equity
Category2:  Preferred stocks
Category3:  Non-convertible
GICS sector:  Unknown
Industry:  
Index country:  USA
Country of incorporation:  
IPO date:  04/01/2022
Outstanding shares:  1,000,000
Average volume:  2,558
Market cap:   $2,126,963,860
Current dividend yield:  1.82%    calculation
Coupon rate:    0.000%
Cumulative:    No
Liquidation value:   $0.00
Callable after:   
Maturity date:    n/a - perpetual
Sedol:      

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