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frmep-img

First Merchants Corporation Depository Shares, Common Stock

FRMEP

NSQ

$25.5

-$0.05

(-0.2%)

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.
$0
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.
6.706
Volume info-icon
This is the total number of shares traded during the most recent trading day.
401.00
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).
7.34%
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).
$22.3 L
$25.9 H
$25.5

About First Merchants Corporation Depository Shares, 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 FrameFRMEPSectorS&P500
1-Week Return-0.66%-0.54%-0.05%
1-Month Return-0.22%-1.16%2.75%
3-Month Return0.59%9.65%7.4%
6-Month Return1.62%20.56%10.47%
1-Year Return6.21%32.58%27.57%
3-Year Return-5.9%25.29%29.56%
5-Year Return2.22%60.42%89.3%

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/Expense550.45M552.10M378.40M435.40M509.06M[{"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":92.2,"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)-----[{"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}]

Ratios

Liquidity

These ratios help you determine the liquidity of the company. Higher is better.

FRMEP
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.

FRMEP
ROA (LTM) 0.99%
ROE (LTM) 8.17%

Liabilities

These ratios help you understand the company's liabilities, gauging the riskiness of the investment.

FRMEP
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.

FRMEP
Trailing PE 6.71
Forward PE NM
P/S (TTM) 0.00
P/B 0.00
EV/R 0.00
EV/Ebitda NM

FAQs

What is First Merchants Corporation Depository Shares share price today?

First Merchants Corporation Depository Shares (FRMEP) share price today is $25.5

Can Indians buy First Merchants Corporation Depository Shares shares?

Yes, Indians can buy shares of First Merchants Corporation Depository Shares (FRMEP) on Vested. To buy First Merchants Corporation Depository Shares from India, you can open a US Brokerage account on Vested today by clicking on Sign Up or Invest in FRMEP 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 Depository Shares be purchased?

Yes, you can purchase fractional shares of First Merchants Corporation Depository Shares (FRMEP) via the Vested app. You can start investing in First Merchants Corporation Depository Shares (FRMEP) with a minimum investment of $1.

How to invest in First Merchants Corporation Depository Shares shares from India?

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

  • Click on Sign Up or Invest in FRMEP 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 Depository Shares shares
What is First Merchants Corporation Depository Shares 52-week high and low stock price?

The 52-week high price of First Merchants Corporation Depository Shares (FRMEP) is $25.9. The 52-week low price of First Merchants Corporation Depository Shares (FRMEP) is $22.3.

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

The price-to-earnings (P/E) ratio of First Merchants Corporation Depository Shares (FRMEP) is 6.706

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

The price-to-book (P/B) ratio of First Merchants Corporation Depository Shares (FRMEP) is 0.00

What is First Merchants Corporation Depository Shares dividend yield?

The dividend yield of First Merchants Corporation Depository Shares (FRMEP) is 7.34%

What is the Market Cap of First Merchants Corporation Depository Shares?

The market capitalization of First Merchants Corporation Depository Shares (FRMEP) is

What is First Merchants Corporation Depository Shares’s stock symbol?

The stock symbol (or ticker) of First Merchants Corporation Depository Shares is FRMEP

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