First Merchants CorporationFRME

Capital at risk.

Calendar
event
Ex dividend date
07 Mar 2025
event_available
Last Dividend Payment
21 Mar 2025
About First Merchants Corporation
Ticker
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FRME
Trading on
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NASDAQ
ISIN
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US3208171096
Industry
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Banks - Regional
Sector
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Financial Services
CEO
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Mark K. Hardwick
Headquarters
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200 East Jackson Street, Muncie, IN, United States, 47305-2814
Employees
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2,120
Website
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firstmerchants.com
First Merchants Corporation operates as the financial holding company for First Merchants Bank that provides commercial and consumer banking services. The company offers a range of financial services, including checking, savings, and deposit products; debit and credit cards; mortgages, home equity lending, vehicle loans, and personal loans; and local commercial lending, asset-based lending solutions, agricultural lending, commercial real estate solutions, debt capital markets, practice finance, public finance, small business administration lending, and sponsor finance services. It also provides personal and commercial wealth management services, trust services, retirement planning, brokerage, investment management, private banking, fiduciary estate, and financial planning services. The company operates banking locations in Indiana, Ohio, and Michigan counties. It offers its services through electronic and mobile delivery channels. First Merchants Corporation was founded in 1893 and is headquartered in Muncie, Indiana.
Metrics
BasicAdvanced
Market cap
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$2.16B
P/E ratio
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10.64
EPS
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$3.47
Dividend Yield
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3.86%
Beta
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0.96
Forward P/E ratio
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11.07
EBIDTA
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-
Ex dividend date
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2025-03-07
Price & volume
Market cap
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$2.16B
Average daily volume
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0.3M
90-day return
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-
30-day return
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-
7-day return
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-
Dividends
Dividend per share
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$1.39
Dividend yield
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3.86%
Forward dividend per share
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$1.40
Forward dividend yield
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3.86%
Payout ratio
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43.21%
Valuation
P/E ratio
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10.64
Forward P/E
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11.07
PEG ratio
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2.68
Trailing P/E
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10.64
Price to sales
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3.54
Price to book
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0.93
Earnings
EPS
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$3.47
EPS estimate (current quarter)
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$0.90
EPS estimate (next quarter)
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$0.86
EBITDA
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-
Revenues (TTM)
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$611M
Revenues per share (TTM)
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$10.48
Technicals
Beta
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0.96
52-week High
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$45.38
52-week Low
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$29.77
50-day moving average
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$40.25
200-day moving average
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$39.49
Short ratio
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1.81
Short %
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1.21%
Management effectiveness
ROE (TTM)
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8.85%
ROA (TTM)
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1.10%
Profit margin
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32.96%
Gross profit margin
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$611M
Operating margin
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47.63%
Growth
Quarterly earnings growth (YoY)
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57.10%
Quarterly revenue growth (YoY)
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11.60%
Share stats
Outstanding Shares
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58.5M
Float
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57.6M
Insiders %
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1.52%
Institutions %
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77.62%
Analyst Insights & forecasts
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67% Buy

33% Hold

0% Sell

Based on information from 6 analysts.

Average price target

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$49.33
Earnings per share (EPS) forecast
windowbar_chart_4_bars
Actual
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Expected
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Surprise
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$0.85
$0.82
3.66%
Q1 • 24Beat
$0.68
$0.80
15.00%
Q2 • 24Beat
$0.95
$0.90
5.56%
Q3 • 24Beat
$0.76
$0.90
15.56%
Q4 • 24Beat
-
-
-
Q1 • 25Current
QuarterlyAnnual
Financial Performance
windowbar_chart_4_bars
Income StatementBalance SheetCash Flow
windowbar_chart_4_bars
Revenue
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Net income
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Profit margin
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$156M
$49.2M
31.53%
Q3 • 24
$157M
$64.3M
40.95%
Q4 • 24
0.74%
30.83%
29.87%
QoQ growth
QuarterlyAnnual
Totals assets
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Total liabilities
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Debt to assets
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$18.3B
$16B
87.45%
Q3 • 24
$18.3B
$16B
87.41%
Q4 • 24
0.19%
0.24%
0.04%
QoQ growth
QuarterlyAnnual
Operating
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Investing
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Financing
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Free cash flow
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$76.8M
$-68.2M
$-29.3M
$76.8M
Q3 • 24
$67.5M
$-252M
$187M
$67.5M
Q4 • 24
12.14%
268.94%
737.88%
12.14%
QoQ growth
QuarterlyAnnual

Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Past performance is no guarantee of future results. Your return may be affected by currency fluctuations and applicable fees and charges. The value of your investment may go up as well as down. When investing, your capital at risk.

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FAQs

How much is a First Merchants Corporation share?
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First Merchants Corporation shares are currently traded for undefined per share.

How many shares does First Merchants Corporation have?
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First Merchants Corporation currently has 58.5M shares.

Does First Merchants Corporation pay dividends?
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Yes, First Merchants Corporation does pay dividends.

What is First Merchants Corporation 52 week high?
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First Merchants Corporation 52 week high is $45.38.

What is First Merchants Corporation 52 week low?
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First Merchants Corporation 52 week low is $29.77.

What is the 200-day moving average of First Merchants Corporation?
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First Merchants Corporation 200-day moving average is $39.49.

Who is First Merchants Corporation CEO?
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The CEO of First Merchants Corporation is Mark K. Hardwick.

How many employees First Merchants Corporation has?
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First Merchants Corporation has 2,120 employees.

What is the market cap of First Merchants Corporation?
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The market cap of First Merchants Corporation is $2.16B.

What is the P/E of First Merchants Corporation?
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The current P/E of First Merchants Corporation is 10.64.

What is the EPS of First Merchants Corporation?
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The EPS of First Merchants Corporation is $3.47.

What is the PEG Ratio of First Merchants Corporation?
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The PEG Ratio of First Merchants Corporation is 2.68.

What do analysts say about First Merchants Corporation?
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According to the analysts First Merchants Corporation is considered a buy.