First Merchants Corporation (FRME)
$
35.98
-1.05 (-2.92%)
Key metrics
Financial statements
Free cash flow per share
4.6415
Market cap
2.1 Billion
Price to sales ratio
2.8321
Debt to equity
0
Current ratio
0
Income quality
1.2886
Average inventory
0
ROE
0.0913
Technology
Technology – consumer electronics
Largecap
With a market cap of 121,78 bil stock is ranked 1
Low risk
ISS score of this stock is ranked 1
Company description
Profile
First Merchants Corporation, recognized as the financial holding company for First Merchants Bank, operates as a community banking provider. The gross profit ratio is 0.97 reflecting the efficiency of the company's production and sales operations. With a gross profit standing at $591,011,000.00 the company showcases its profitability from core operations. Moreover, the company reported selling, general, and administrative expenses of $243,585,000.00 indicating its operational overhead costs. It recorded a notable revenue of $610,994,000.00 showcasing its steady growth, and recorded an operating income of $284,061,000.00 reflecting its earnings from core operations. The bank accepts time, savings, and demand deposits while providing a range of loans including consumer, commercial, agri-business, and real estate mortgage loans, along with public finance. Additional services include personal and corporate trust, brokerage and private wealth management, as well as letters of credit, repurchase agreements, and other corporate services. With 109 banking locations across Indiana, Illinois, Ohio, and Michigan, First Merchants Corporation also engages customers through electronic and mobile delivery channels. Founded in 1893 and headquartered in Muncie, Indiana, the company has established a strong presence in the financial sector. The company's stock is affordable at $35.98 making it suitable for budget-conscious investors. Additionally, the stock has a low average trading volume of 293,823.00 indicating lower market activity. With a mid-range market capitalization of $2,097,885,860.00 the company is considered a steady performer in its field. It is a key player in the Banks - Regional industry, contributing significantly to the overall market landscape, while also belonging to the Financial Services sector, driving innovation and growth.
Is First Merchants Corporation (FRME) a good investment?
Investing in First Merchants Corporation (FRME) depends on multiple factors, including revenue growth, profit margins, debt-to-equity ratio, earnings per share, and return on equity. Analysts have rated it as B, with a Bearish outlook. Always conduct your own research before investing.
What is First Merchants Corporation (FRME)'s stock forecast?
Analysts predict First Merchants Corporation stock to fluctuate between $30.85 (low) and $46.13 (high) in the next 365 days, reflecting market expectations and potential volatility.
What is First Merchants Corporation's market capitalization?
As of 2025-06-16, First Merchants Corporation's market cap is $2,097,885,860, based on 58,307,000 outstanding shares.
How does First Merchants Corporation compare to competitors like JPMorgan Chase & Co.?
Compared to JPMorgan Chase & Co., First Merchants Corporation has a Lower Market-Cap, indicating a difference in performance.
Does First Merchants Corporation pay dividends?
First Merchants Corporation pays dividends. The current dividend yield is 3.82%, with a payout of $0.36 per share.
How can I buy First Merchants Corporation (FRME) stock?
To buy First Merchants Corporation (FRME) stock: Open a brokerage account (e.g., Robinhood, TD Ameritrade, E-Trade). Search for FRME. Place an order (Market, Limit, etc.).
What is the best time to invest in First Merchants Corporation?
The best time to invest depends on market trends and technical indicators, which show a Bearish trend based on economic conditions and company performance.
Has First Merchants Corporation stock ever split?
First Merchants Corporation's last stock split was 21:20 on 2003-08-27.
How did First Merchants Corporation perform in the last earnings report?
Revenue: $610,994,000 | EPS: $3.42 | Growth: -8.56%.
Where can I find First Merchants Corporation's investor relations reports?
Visit https://www.firstmerchants.com/investor-relations for detailed financial reports.
Where can I find historical stock prices for First Merchants Corporation?
You can explore historical data from here
What is the all-time high and low for First Merchants Corporation stock?
All-time high: $50.65 (2021-03-12) | All-time low: $24.52 (2023-05-12).
What are the key trends affecting First Merchants Corporation stock?
Key trends include market demand, economic conditions, interest rates, and industry competition, which influence the stock's performance.
News
globenewswire.com
MUNCIE, Ind., May 21, 2025 (GLOBE NEWSWIRE) -- First Merchants Corporation (Nasdaq: FRME) has amended the ex-dividend date for its recently declared cash dividend of $0.36 from June 5, 2025, to June 6, 2025. The payment date for the quarterly dividend will remain as June 20, 2025, as previously announced on May 16, 2025.
globenewswire.com
MUNCIE, Ind., May 16, 2025 (GLOBE NEWSWIRE) -- First Merchants Corporation (NASDAQ: FRME) declared a cash dividend on May 16, 2025 of $0.36 per share. The dividend is payable on June 20, 2025, to common shareholders of record as of June 6, 2025. For purposes of broker trading, the ex-date of the cash dividend is June 5, 2025.
seekingalpha.com
First Merchants Corporation has seen a 27.5% increase in shares since my 'buy' rating in June 2024, outperforming the S&P 500's 7% rise. Despite growth in key balance sheet areas, recent financial performance has been mixed, with revenue and profit volatility prompting a downgrade to 'hold'. The bank's loan portfolio is diversified, but a high proportion of variable-rate loans could impact income negatively if interest rates drop.
seekingalpha.com
First Merchants' current valuation is fair, with a solid 3.57% dividend yield, but limited capital gain potential and historical dividend growth concerns. FRME's deposits are sound but exhibit slow growth, with 30.40% being uninsured, posing a potential risk during economic downturns or panics. The bank's securities portfolio has significant unrealized losses, amounting to 23% of equity, necessitating a wait for maturity to avoid substantial equity deterioration.
seekingalpha.com
First Merchants Corporation (NASDAQ:FRME ) Q1 2025 Results Conference Call April 24, 2025 11:30 AM ET Company Participants Mark Hardwick - Chief Executive Officer Michael Stewart - President Michele Kawiecki - Chief Financial Officer John Martin - Chief Credit Officer Conference Call Participants Daniel Tamayo - Raymond James Terry McEvoy - Stephens Damon DelMonte - KBW Nathan Race - Piper Sandler Brian Martin - Janney Montgomery Scott Operator Thank you for standing by and welcome to the First Merchants Corporation's First Quarter 2025 Earnings Conference Call. Before we begin, management would like to remind you that, today's call contains forward-looking statements with respect to the future performance of financial condition of First Merchants Corporation that involve risks and uncertainties.
zacks.com
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does First Merchants (FRME) have what it takes?
zacks.com
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does First Merchants (FRME) have what it takes?
zacks.com
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does First Merchants (FRME) have what it takes?
zacks.com
ZION, FRME and HWC made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on March 14, 2025.
zacks.com
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does First Merchants (FRME) have what it takes?
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