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First Merchants Corporation (FRME)

34.57 +0.58 (+1.71%)
As of 10:38 AM EDT. Market Open.
Loading Chart for FRME
DELL
  • Previous Close 33.99
  • Open 34.06
  • Bid 34.50 x 100
  • Ask 34.74 x 200
  • Day's Range 34.03 - 34.59
  • 52 Week Range 24.52 - 38.16
  • Volume 20,251
  • Avg. Volume 286,764
  • Market Cap (intraday) 2.049B
  • Beta (5Y Monthly) 1.10
  • PE Ratio (TTM) 9.27
  • EPS (TTM) 3.73
  • Earnings Date Apr 25, 2024
  • Forward Dividend & Yield 1.36 (3.99%)
  • 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

Recent News: FRME

Performance Overview: FRME

Trailing total returns as of 4/23/2024, which may include dividends or other distributions. Benchmark is

.

YTD Return

FRME
5.80%
S&P 500
6.15%

1-Year Return

FRME
19.66%
S&P 500
22.50%

3-Year Return

FRME
14.82%
S&P 500
22.45%

5-Year Return

FRME
8.34%
S&P 500
74.12%

Compare To: FRME

Select to analyze similar companies using key performance metrics; select up to 4 stocks.

Statistics: FRME

Valuation Measures

Annual
As of 4/22/2024
  • Market Cap

    2.02B

  • Enterprise Value

    --

  • Trailing P/E

    9.13

  • Forward P/E

    10.32

  • PEG Ratio (5yr expected)

    --

  • Price/Sales (ttm)

    3.11

  • Price/Book (mrq)

    0.91

  • 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)

    --

Research Analysis: FRME

Analyst Price Targets

40.00
41.20 Average
34.57 Current
43.00 High
 

Analyst Recommendations

  • Strong Buy
  • Buy
  • Hold
  • Underperform
  • Sell
 

Earnings

Consensus EPS
 

Company Insights: FRME

Fair Value

34.57 Current
 

Dividend Score

0 Low
FRME
Sector Avg.
100 High
 

Hiring Score

0 Low
FRME
Sector Avg.
100 High
 

Insider Sentiment Score

0 Low
FRME
Sector Avg.
100 High
 

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