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First Merchants Corporation (FRME)

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36.31 +0.49 (+1.38%)
As of 3:16 PM EDT. Market Open.
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DELL
  • Previous Close 35.81
  • Open 36.41
  • Bid 36.28 x 100
  • Ask 36.40 x 100
  • Day's Range 36.10 - 36.59
  • 52 Week Range 25.70 - 42.45
  • Volume 76,658
  • Avg. Volume 240,219
  • Market Cap (intraday) 2.124B
  • Beta (5Y Monthly) 1.03
  • PE Ratio (TTM) 11.64
  • EPS (TTM) 3.12
  • Earnings Date Oct 24, 2024 - Oct 28, 2024
  • Forward Dividend & Yield 1.40 (3.91%)
  • Ex-Dividend Date Sep 6, 2024
  • 1y Target Est 45.17

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

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Performance Overview: FRME

Trailing total returns as of 9/13/2024, which may include dividends or other distributions. Benchmark is

.

YTD Return

FRME
0.95%
S&P 500
17.87%

1-Year Return

FRME
30.96%
S&P 500
26.01%

3-Year Return

FRME
4.99%
S&P 500
26.10%

5-Year Return

FRME
11.72%
S&P 500
86.82%

Compare To: FRME

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Statistics: FRME

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Valuation Measures

Annual
As of 9/12/2024
  • Market Cap

    2.09B

  • Enterprise Value

    --

  • Trailing P/E

    11.47

  • Forward P/E

    10.22

  • PEG Ratio (5yr expected)

    --

  • Price/Sales (ttm)

    3.35

  • Price/Book (mrq)

    0.96

  • Enterprise Value/Revenue

    4.82

  • Enterprise Value/EBITDA

    --

Financial Highlights

Profitability and Income Statement

  • Profit Margin

    31.05%

  • Return on Assets (ttm)

    1.03%

  • Return on Equity (ttm)

    8.57%

  • Revenue (ttm)

    601.34M

  • Net Income Avi to Common (ttm)

    184.84M

  • Diluted EPS (ttm)

    3.12

Balance Sheet and Cash Flow

  • Total Cash (mrq)

    361.68M

  • Total Debt/Equity (mrq)

    --

  • Levered Free Cash Flow (ttm)

    --

Research Analysis: FRME

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Company Insights: FRME

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