As of March 2023, total asset size of First Merchants Corporation was $18.2 billion.

[13] In May, 2022, First Merchants Bank was voted 4th in "Great Employers to Work for in Indiana" by the Best Companies Group.

[16] First Merchants Bank was named as one of the “Best Places to Work” by Columbus Business First for 2018[17] and as one of the 2019 Best Employers in Ohio, a list created by the Ohio SHRM State Council, Crain's Cleveland Business and Best Companies Group.

Comparably gives First Merchants Bank an A+ on Culture Score[19] with a 4.7 out of 5 star rating based on 133+ employee survey responses as of June 2022.

[20] First Merchants was also rated as one of the top big banks in the USA by Newsweek magazine in 2022[21] and one of the top 20 banks in the USA by S&P Global Market Intelligence in 2022.