SuperworthFirst Merchants shares outstanding FRME
Diluted shares outstanding, averaged over each quarter, from 2010.
- Latest quarter, to Jun 30, 2026
- 62.6M
- On a year earlier
- +8.3%
- more shares
First Merchants had 62.6M diluted shares outstanding on average in Q2 FY26, the quarter to Jun 30, 2026.
That is 8.3% more than a year earlier, so each share owns a little less of the company.
Shares outstanding over time
Fiscal year by fiscal year
| Fiscal year | Shares, fourth quarter | Change |
|---|---|---|
| FY2025 | 57.5M | −1% |
| FY2024 | 58.2M | −2% |
| FY2023 | 59.6M | +0% |
| FY2022 | 59.4M | +11% |
| FY2021 | 53.7M | −1% |
| FY2020 | 54M | −3% |
| FY2019 | 55.5M | +12% |
| FY2018 | 49.5M | +0% |
| FY2017 | 49.4M | +20% |
| FY2016 | 41.1M | +8% |
| FY2015 | 38.2M | +2% |
| FY2014 | 37.3M | +13% |
| FY2013 | 32.9M | +14% |
| FY2012 | 28.9M | +1% |
| FY2011 | 28.7M | +13% |
Each fiscal year is the twelve months to its fourth quarter, shown as the fourth quarter's average share count.
Quarter by quarter
| Quarter | Ended | Shares outstanding | On a year earlier |
|---|---|---|---|
| Q2 FY26 | 62.6M | +8% | |
| Q1 FY26 | 61M | +5% | |
| Q4 FY25 | 57.5M | −1% | |
| Q3 FY25 | 57.4M | −1% | |
| Q2 FY25 | 57.8M | −1% | |
| Q1 FY25 | 58.2M | −2% | |
| Q4 FY24 | 58.2M | −2% | |
| Q3 FY24 | 58.3M | −2% | |
| Q2 FY24 | 58.3M | −2% | |
| Q1 FY24 | 59.3M | −0% | |
| Q4 FY23 | 59.6M | +0% | |
| Q3 FY23 | 59.5M | +0% |
What the shares outstanding tells you
Diluted shares outstanding, averaged over the period. Fewer shares means each one owns more of the company.
A falling count usually means buybacks. A rising one means stock pay, acquisitions paid in shares or new shares sold.
More on First Merchants
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.