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First Merchants Corporation (FRME)

35.05 +0.33 (+0.95%)
At close: April 24 at 4:00 PM EDT
35.05 0.00 (0.00%)
After hours: April 24 at 4:02 PM EDT
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DELL
  • Previous Close 34.72
  • Open 34.20
  • Bid 34.94 x 100
  • Ask 35.07 x 100
  • Day's Range 34.10 - 35.06
  • 52 Week Range 24.52 - 38.16
  • Volume 223,872
  • Avg. Volume 286,964
  • Market Cap (intraday) 2.078B
  • Beta (5Y Monthly) 1.10
  • PE Ratio (TTM) 9.40
  • EPS (TTM) 3.73
  • Earnings Date Apr 25, 2024
  • Forward Dividend & Yield 1.36 (3.88%)
  • Ex-Dividend Date Feb 29, 2024
  • 1y Target Est 41.20

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

www.firstmerchants.com

2,162

Full Time Employees

December 31

Fiscal Year Ends

Financial Services

Sector

Banks - Regional

Industry

More about First Merchants Corporation

Recent News: FRME

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Performance Overview: FRME

Trailing total returns as of 4/24/2024, which may include dividends or other distributions. Benchmark is

.

YTD Return

FRME
4.49%
S&P 500
6.33%

1-Year Return

FRME
21.32%
S&P 500
22.70%

3-Year Return

FRME
17.78%
S&P 500
21.33%

5-Year Return

FRME
7.50%
S&P 500
72.88%

Compare To: FRME

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First Merchants Corporation
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Statistics: FRME

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Valuation Measures

As of 4/23/2024

  • Market Cap

    2.06B

  • Enterprise Value

    --

  • Trailing P/E

    9.32

  • Forward P/E

    10.54

  • PEG Ratio (5yr expected)

    --

  • Price/Sales (ttm)

    3.18

  • Price/Book (mrq)

    0.93

  • Enterprise Value/Revenue

    --

  • Enterprise Value/EBITDA

    --

Financial Highlights

Profitability and Income Statement

  • Profit Margin

    34.56%

  • Return on Assets (ttm)

    1.23%

  • Return on Equity (ttm)

    10.45%

  • Revenue (ttm)

    647.5M

  • Net Income Avi to Common (ttm)

    221.91M

  • Diluted EPS (ttm)

    3.73

Balance Sheet and Cash Flow

  • Total Cash (mrq)

    628.11M

  • Total Debt/Equity (mrq)

    --

  • Levered Free Cash Flow (ttm)

    --

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Research Analysis: FRME

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Analyst Price Targets

40.00
41.20 Average
35.05 Current
43.00 High
 

Fair Value

Undervalued
% Return
35.05 Current
 

Analyst Recommendations

  • Strong Buy
  • Buy
  • Hold
  • Underperform
  • Sell
 

Earnings

Consensus EPS
 
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