37.09 0.00 (0.00%)
After hours: 4:27PM EDT
|Bid||37.04 x 800|
|Ask||37.07 x 1300|
|Day's Range||36.84 - 37.72|
|52 Week Range||32.49 - 50.44|
|Beta (3Y Monthly)||1.35|
|PE Ratio (TTM)||11.38|
|Earnings Date||Jul 25, 2019|
|Forward Dividend & Yield||0.92 (2.45%)|
|1y Target Est||44.00|
First Merchants (FRME) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
MUNCIE, Ind., July 05, 2019 -- First Merchants Corporation (Nasdaq:FRME) will report second quarter 2019 financial results on July 25, 2019. The Corporation will host a second.
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Russell 2000 ETF (IWM) lagged the larger S&P 500 ETF (SPY) by nearly 9 percentage points since the end of the third quarter of 2018 as investors worried over the possible ramifications of rising interest rates and escalation of the trade war with China. The hedge funds and institutional investors we track typically invest more […]
First Merchants Bank (FMB) and the Fair Housing Center of Central Indiana (FHCCI) today announced several new initiatives designed to increase mortgage lending to residents in Marion County’s majority-black neighborhoods and census tracts. First Merchants CEO Michael C. Rechin touted the bank’s partnership with the FHCCI as an important step for the company’s future success in Indiana’s most populous county. “We were eager to take on new challenges to achieve excellence in a large metropolitan market through our acquisition growth strategy. Our efforts began with entry into Marion County in 2016 and have since expanded with added resources and strategic partnerships,” said Rechin.
First Merchants Corporation (NASDAQ - FRME), the holding company for First Merchants Bank, announced today a settlement agreement with the United States Department of Justice (DOJ) to address issues raised relative to the Equal Credit Opportunity Act and the Fair Housing Act. The settlement, which resolves all claims by the DOJ, finalizes an investigation that began in June 2017 focused on bank lending practices in the Indianapolis-Marion County market between January 1, 2011 and December 31, 2016. There was no actual finding or adjudication with respect to any matter alleged by the DOJ. With a settlement in place, First Merchants will continue moving forward with closing its proposed merger transaction with MBT Financial Corp. At the direction of the Federal Reserve Board of Governors, First Merchants filed an application with the Federal Reserve Bank of Chicago seeking its approval of the acquisition.
First Merchants Corp NASDAQ/NGS:FRMEView full report here! Summary * Bearish sentiment is low * Economic output for the sector is expanding but at a slower rate Bearish sentimentShort interest | PositiveShort interest is low for FRME with fewer than 5% of shares on loan. The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Money flowETF/Index ownership | NeutralETF activity is neutral. ETFs that hold FRME had net inflows of $1.11 billion over the last one-month. While these are not among the highest inflows of the last year, the rate of inflow is increasing. Economic sentimentPMI by IHS Markit | NegativeAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Financials sector is rising. The rate of growth is weak relative to the trend shown over the past year, however, and is easing. Credit worthinessCredit default swapCDS data is not available for this security.Please send all inquiries related to the report to email@example.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
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The following long-term dividend payers announced quarterly dividends on May 9. Shares of Meredith Corp. (MDP) were unchanged at $59.18 in after-hours trading on Thursday following the announcement of a 57.5-cent cash regular quarterly dividend per common share to be paid on June 14, the second in 2019, to shareholders of record May 31. Warning! GuruFocus has detected 3 Warning Signs with MDP.
MUNCIE, Indiana, May 09, 2019 -- First Merchants Corporation (NASDAQ: FRME) declared a cash dividend on May 9, 2019 of $0.26 per share. The dividend is payable on June 21,.
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MONROE, Mich., April 25, 2019 -- MBT Financial Corp. (NASDAQ: MBTF), the parent company of Monroe Bank & Trust, announced that it will pay a quarterly dividend of $0.10 per.
The Muncie, Indiana-based bank said it had earnings of 78 cents per share. The results fell short of Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research ...
MUNCIE, Ind., April 25, 2019 -- First Merchants Corporation (NASDAQ - FRME) has reported first quarter 2019 net income of $38.8 million, an increase of 5.8 percent, compared to.
First Merchants (FRME) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
First Merchants Corporation (NASDAQ: FRME ) entered a definitive agreement to acquire MBT Financial Corp. (NASDAQ: MBTF ) in October. The pending acquisition improves the prospects of the Indiana-based ...
MUNCIE, Ind., April 04, 2019 -- First Merchants Corporation (Nasdaq:FRME) will report first quarter 2019 financial results on April 25, 2019. The Corporation will host a first.
Want to participate in a research study? Help shape the future of investing tools and earn a $60 gift card! First Merchants Corporation (NASDAQ:FRME) shareholders might be concerned after seeing the share price drop 10% in th...