FIRST MERCHANTS CORP (FRME) - Dilution Analysis

Visualizing historical and potential share dilution over time

Dilution Analysis

Low Risk
Limited dilution potential
Last updated: May 01, 2026

Risk Assessment Details

Potential Dilution: 0.0% of current shares
Recent Dilution: 6.62% (2 years)
Historical Dilution Factor: minimal recent dilution
Outstanding Shares
61M
Potential Supply
0
Additional shares possible
Splits
None
Past 2 years

Summary

FRME currently has 61M outstanding shares. with minimal authorized share overhang for future dilution. The company has minimally diluted shareholders by 6.62% over the past 2 years.

Share Structure Timeline

Outstanding Shares
Total Supply

Historical Data Points

Date Event Outstanding Supply
May 01, 2026

10-Q filing | 61.0M shares outstanding

61M 0
Oct 30, 2025

10-Q filing | 57.4M shares outstanding

57M 0
Jul 31, 2025

10-Q filing | 57.8M shares outstanding

58M 0
May 01, 2025

10-Q filing | 58.2M shares outstanding

58M 0
Mar 19, 2025

8-K filing: First Merchants Corporation approved a stock repurchase program of up to 2,927,000 shares of its outstanding common stock, not exceeding $100,000,000, representing approximately 5% of the Company's outstanding shares. This new program replaces a similar program approved in January 2021. ($100.0M proceeds)

59M 0
Feb 24, 2025

10-K filing | 58.5M shares outstanding

59M 0
Oct 31, 2024

10-Q filing | 58.3M shares outstanding

58M 0
Aug 01, 2024

10-Q filing | 58.3M shares outstanding

58M 0
May 01, 2024

10-Q filing | 59.1M shares outstanding

59M 0
Feb 29, 2024

10-K filing | 59.3M shares outstanding

59M 0
Nov 01, 2023

10-Q filing | 59.5M shares outstanding

60M 0
Aug 02, 2023

10-Q filing | 59.4M shares outstanding

59M 0
May 03, 2023

10-Q filing | 59.4M shares outstanding

59M 0
Mar 01, 2023

10-K filing | 58.0M shares outstanding

58M 0
Nov 09, 2022

10-Q filing | 59.3M shares outstanding

59M 0
Aug 09, 2022

10-Q filing | 59.3M shares outstanding

59M 0
May 10, 2022

10-Q filing | 53.6M shares outstanding

54M 0
Mar 01, 2022

10-K filing | 53.8M shares outstanding

54M 0
Nov 03, 2021

10-Q filing | 54.0M shares outstanding

54M 0
Aug 09, 2021

10-Q filing | 54.2M shares outstanding

54M 0
May 10, 2021

10-Q filing | 54.1M shares outstanding

54M 0
Mar 01, 2021

10-K filing | 54.2M shares outstanding

54M 0
Jan 27, 2021

8-K filing: First Merchants Corporation approved a stock repurchase program of up to 3,333,000 shares of its outstanding common stock, with a total aggregate investment not exceeding $100,000,000, representing approximately 6% of the Company's outstanding shares. ($100.0M proceeds)

54M 0
Nov 09, 2020

10-Q filing | 54.0M shares outstanding

54M 0
Aug 07, 2020

10-Q filing | 53.9M shares outstanding

54M 0
May 08, 2020

10-Q filing | 54.9M shares outstanding

55M 0
Feb 28, 2020

10-K filing | 51.4M shares outstanding

51M 0
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