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frme-img

First Merchants Corporation, Common Stock

FRME

NSQ

$43.06

-$0.24

(-0.55%)

1D
Industry: Banks Sector: Financials

Analyst Forecast

Price Chart

Key Metrics

Market Cap info-icon
This is a company’s total value as determined by the stock market. It is calculated by multiplying the total number of a company's outstanding shares by the current market price of one share.
$2.54B
P/E Ratio info-icon
This is the ratio of a security’s current share price to its earnings per share. This ratio determines the relative value of a company’s share.
14.3854
Volume info-icon
This is the total number of shares traded during the most recent trading day.
177.29K
Avg Volume info-icon
This is the average number of shares traded during the most recent 30 days.
0
Dividend Yield info-icon
This ratio shows how much income you earn in dividend payouts per year for every dollar invested in the stock (or the stock’s annual dividend payment expressed as a percentage of its current price).
3.23%
Beta info-icon
This measures the expected move in a stock’s price relative to movements in the overall market. The market, such as the S&P 500 Index, has a beta of 1.0. If a stock has a Beta greater (or lower) than 1.0, it suggests that the stock is more (or less) volatile than the broader market.
1.02
52-week Range info-icon
This shows the range of the stock’s price between the 52-week high (the highest price of the stock for the past 52 weeks) and the 52-week low (the lowest price of the stock for the past 52 weeks).
$30.02 L
$45.76 H
$43.06

About First Merchants Corporation, Common Stock

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

Industry: BanksSector: Financials

Returns

Time FrameFRMESectorS&P500
1-Week Return-1.58%-1.81%0.77%
1-Month Return-0.81%1.74%2.65%
3-Month Return18.3%13.82%12.3%
6-Month Return33.31%22.09%13.48%
1-Year Return30.33%40.93%33.47%
3-Year Return3.11%30.56%32.22%
5-Year Return6.85%66.04%92.85%
10-Year Return96.44%148.82%194.31%

Financials

Dec '19Dec '20Dec '21Dec '22Dec '235YR TREND
Total Revenue443.35M492.05M520.00M628.14M654.31M[{"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 Profit443.35M492.05M520.00M628.14M654.31M[{"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 Margin100.00%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 Income193.78M169.97M240.79M340.48M259.23M[{"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/Expense550.45M552.10M378.40M435.40M502.25M[{"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 Income193.78M169.97M240.79M255.67M259.23M[{"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 Taxes29.32M21.38M35.26M33.59M35.45M[{"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 Taxes164.46M148.60M205.53M222.09M223.79M[{"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 Operations164.46M148.60M205.53M222.09M252.07M[{"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 Income164.46M148.60M205.53M222.09M223.79M[{"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)3.362.743.814.033.91[{"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}]

Ratios

Liquidity

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

Asset Efficiency

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%

Liabilities

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

Valuation

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

FAQs

What is First Merchants Corporation share price today?

First Merchants Corporation (FRME) share price today is $43.06

Can Indians buy First Merchants Corporation shares?

Yes, Indians can buy shares of First Merchants Corporation (FRME) on Vested. To buy First Merchants Corporation from India, you can open a US Brokerage account on Vested today by clicking on Sign Up or Invest in FRME stock at the top of this page. The account opening process is completely digital and secure, and takes a few minutes to complete.

Can Fractional shares of First Merchants Corporation be purchased?

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.

How to invest in First Merchants Corporation shares from India?

You can invest in shares of First Merchants Corporation (FRME) via Vested in three simple steps:

  • Click on Sign Up or Invest in FRME stock at the top of this page
  • Breeze through our fully digital and secure KYC process and open your US Brokerage account in a few minutes
  • Transfer USD funds to your US Brokerage account and start investing in First Merchants Corporation shares
What is First Merchants Corporation 52-week high and low stock price?

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.

What is First Merchants Corporation price-to-earnings (P/E) ratio?

The price-to-earnings (P/E) ratio of First Merchants Corporation (FRME) is 14.3854

What is First Merchants Corporation price-to-book (P/B) ratio?

The price-to-book (P/B) ratio of First Merchants Corporation (FRME) is 1.12

What is First Merchants Corporation dividend yield?

The dividend yield of First Merchants Corporation (FRME) is 3.23%

What is the Market Cap of First Merchants Corporation?

The market capitalization of First Merchants Corporation (FRME) is $2.54B

What is First Merchants Corporation’s stock symbol?

The stock symbol (or ticker) of First Merchants Corporation is FRME

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