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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. more
Time Frame | FRME | Sector | S&P500 |
---|---|---|---|
1-Week Return | -1.58% | -1.81% | 0.77% |
1-Month Return | -0.81% | 1.74% | 2.65% |
3-Month Return | 18.3% | 13.82% | 12.3% |
6-Month Return | 33.31% | 22.09% | 13.48% |
1-Year Return | 30.33% | 40.93% | 33.47% |
3-Year Return | 3.11% | 30.56% | 32.22% |
5-Year Return | 6.85% | 66.04% | 92.85% |
10-Year Return | 96.44% | 148.82% | 194.31% |
Dec '19 | Dec '20 | Dec '21 | Dec '22 | Dec '23 | 5YR TREND | |
---|---|---|---|---|---|---|
Total Revenue | 443.35M | 492.05M | 520.00M | 628.14M | 654.31M | [{"date":"2019-12-31","value":67.76,"profit":true},{"date":"2020-12-31","value":75.2,"profit":true},{"date":"2021-12-31","value":79.47,"profit":true},{"date":"2022-12-31","value":96,"profit":true},{"date":"2023-12-31","value":100,"profit":true}] |
Cost of Revenue | - | - | - | - | - | [{"date":"2019-12-31","value":"-","profit":true},{"date":"2020-12-31","value":"-","profit":true},{"date":"2021-12-31","value":"-","profit":true},{"date":"2022-12-31","value":"-","profit":true},{"date":"2023-12-31","value":"-","profit":true}] |
Gross Profit | 443.35M | 492.05M | 520.00M | 628.14M | 654.31M | [{"date":"2019-12-31","value":67.76,"profit":true},{"date":"2020-12-31","value":75.2,"profit":true},{"date":"2021-12-31","value":79.47,"profit":true},{"date":"2022-12-31","value":96,"profit":true},{"date":"2023-12-31","value":100,"profit":true}] |
Gross Margin | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | [{"date":"2019-12-31","value":100,"profit":true},{"date":"2020-12-31","value":100,"profit":true},{"date":"2021-12-31","value":100,"profit":true},{"date":"2022-12-31","value":100,"profit":true},{"date":"2023-12-31","value":100,"profit":true}] |
Operating Expenses | (249.56M) | (322.08M) | (279.21M) | (287.67M) | 333.03M | [{"date":"2019-12-31","value":-74.94,"profit":false},{"date":"2020-12-31","value":-96.71,"profit":false},{"date":"2021-12-31","value":-83.84,"profit":false},{"date":"2022-12-31","value":-86.38,"profit":false},{"date":"2023-12-31","value":100,"profit":true}] |
Operating Income | 193.78M | 169.97M | 240.79M | 340.48M | 259.23M | [{"date":"2019-12-31","value":56.92,"profit":true},{"date":"2020-12-31","value":49.92,"profit":true},{"date":"2021-12-31","value":70.72,"profit":true},{"date":"2022-12-31","value":100,"profit":true},{"date":"2023-12-31","value":76.14,"profit":true}] |
Total Non-Operating Income/Expense | 550.45M | 552.10M | 378.40M | 435.40M | 502.25M | [{"date":"2019-12-31","value":99.7,"profit":true},{"date":"2020-12-31","value":100,"profit":true},{"date":"2021-12-31","value":68.54,"profit":true},{"date":"2022-12-31","value":78.86,"profit":true},{"date":"2023-12-31","value":90.97,"profit":true}] |
Pre-Tax Income | 193.78M | 169.97M | 240.79M | 255.67M | 259.23M | [{"date":"2019-12-31","value":74.75,"profit":true},{"date":"2020-12-31","value":65.57,"profit":true},{"date":"2021-12-31","value":92.89,"profit":true},{"date":"2022-12-31","value":98.63,"profit":true},{"date":"2023-12-31","value":100,"profit":true}] |
Income Taxes | 29.32M | 21.38M | 35.26M | 33.59M | 35.45M | [{"date":"2019-12-31","value":82.73,"profit":true},{"date":"2020-12-31","value":60.3,"profit":true},{"date":"2021-12-31","value":99.47,"profit":true},{"date":"2022-12-31","value":94.75,"profit":true},{"date":"2023-12-31","value":100,"profit":true}] |
Income After Taxes | 164.46M | 148.60M | 205.53M | 222.09M | 223.79M | [{"date":"2019-12-31","value":73.49,"profit":true},{"date":"2020-12-31","value":66.4,"profit":true},{"date":"2021-12-31","value":91.84,"profit":true},{"date":"2022-12-31","value":99.24,"profit":true},{"date":"2023-12-31","value":100,"profit":true}] |
Income From Continuous Operations | 164.46M | 148.60M | 205.53M | 222.09M | 252.07M | [{"date":"2019-12-31","value":65.24,"profit":true},{"date":"2020-12-31","value":58.95,"profit":true},{"date":"2021-12-31","value":81.54,"profit":true},{"date":"2022-12-31","value":88.11,"profit":true},{"date":"2023-12-31","value":100,"profit":true}] |
Income From Discontinued Operations | - | - | - | - | - | [{"date":"2019-12-31","value":"-","profit":true},{"date":"2020-12-31","value":"-","profit":true},{"date":"2021-12-31","value":"-","profit":true},{"date":"2022-12-31","value":"-","profit":true},{"date":"2023-12-31","value":"-","profit":true}] |
Net Income | 164.46M | 148.60M | 205.53M | 222.09M | 223.79M | [{"date":"2019-12-31","value":73.49,"profit":true},{"date":"2020-12-31","value":66.4,"profit":true},{"date":"2021-12-31","value":91.84,"profit":true},{"date":"2022-12-31","value":99.24,"profit":true},{"date":"2023-12-31","value":100,"profit":true}] |
EPS (Diluted) | 3.36 | 2.74 | 3.81 | 4.03 | 3.91 | [{"date":"2019-12-31","value":83.37,"profit":true},{"date":"2020-12-31","value":67.99,"profit":true},{"date":"2021-12-31","value":94.54,"profit":true},{"date":"2022-12-31","value":100,"profit":true},{"date":"2023-12-31","value":97.02,"profit":true}] |
These ratios help you determine the liquidity of the company. Higher is better.
FRME | |
---|---|
Cash Ratio | 0.11 |
Current Ratio | 0.12 |
Quick Ratio | 0.24 |
These ratios help you understand the company's efficiency in using its assets to generate returns. Higher is better. For ROE, average long term is around 14%, less than 10% is poor.
FRME | |
---|---|
ROA (LTM) | 0.99% |
ROE (LTM) | 8.17% |
These ratios help you understand the company's liabilities, gauging the riskiness of the investment.
FRME | |
---|---|
Debt Ratio Lower is generally better. Negative is bad. | 0.87 |
Common Equity/Total Assets Higher is better. Lower can suggest investment is riskier. | 0.13 |
These ratios help you understand the company's valuation. Lower may indicate cheaper stocks.
FRME | |
---|---|
Trailing PE | 14.40 |
Forward PE | 12.27 |
P/S (TTM) | 4.26 |
P/B | 1.12 |
Price/FCF | 33 |
EV/R | 5.58 |
EV/Ebitda | NM |
PEG | 2.68 |
First Merchants Corporation (FRME) share price today is $43.06
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Yes, you can purchase fractional shares of First Merchants Corporation (FRME) via the Vested app. You can start investing in First Merchants Corporation (FRME) with a minimum investment of $1.
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The 52-week high price of First Merchants Corporation (FRME) is $45.76. The 52-week low price of First Merchants Corporation (FRME) is $30.02.
The price-to-earnings (P/E) ratio of First Merchants Corporation (FRME) is 14.3854
The price-to-book (P/B) ratio of First Merchants Corporation (FRME) is 1.12
The dividend yield of First Merchants Corporation (FRME) is 3.23%
The market capitalization of First Merchants Corporation (FRME) is $2.54B
The stock symbol (or ticker) of First Merchants Corporation is FRME