- $2.06bn
- $2.37bn
- $646.69m
- 72
- 83
- 86
- 95
Growth & Value
| 12m Forecast Rolling | Industry | Market | |
|---|---|---|---|
| PE Ratio (f) | 9 | ||
| PEG Ratio (f) | 0.64 | ||
| EPS Growth (f) | 16.22% | ||
| Dividend Yield (f) | 4.02% | ||
| Valuation (ttm) | Industry | Market | |
|---|---|---|---|
| Price to Book Value | 0.89 | ||
| Price to Tang. Book | 1.3 | ||
| Price to Free Cashflow | 7.72 | ||
| Price to Sales | 3.15 | ||
| EV to EBITDA | 93.93 | ||
Shareholder Activity
| Type | Buy / Hold / Sell |
|---|---|
| Institutions | |
| Directors | |
| Community |
Guru Screens
Quality
| Name | Industry | Market | |
|---|---|---|---|
| Return on Capital | 1.3% | ||
| Return on Equity | 9.18% | ||
| Operating Margin | 36.76% | ||
Financial Summary
| Year End 31st Dec | Unit | 2020 | 2021 | 2022 | 2023 | 2024 | 2025E | 2026E | CAGR / Avg |
|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $m | 492.05 | 520 | 628.14 | 651 | 646.69 | 697 | 728.6 | 7.84% |
| Operating Profit | m | ||||||||
| Net Profit | m | ||||||||
| EPS Reported | |||||||||
| Diluted Normalised EPS | |||||||||
| EPS Growth | % | +14.67 | +4.09 | +13.13 | -13.39 | -14.87 | +22.24 | +5.64 | n/a |
| PE Ratio | x | ||||||||
| PEG | |||||||||
| Profitability | |||||||||
| Operating Margin | % | ||||||||
| ROA | % | ||||||||
| ROCE | % | ||||||||
| ROE | % | ||||||||
| Cashflow | |||||||||
| Op. Cashflow ps | |||||||||
| Capex ps | |||||||||
| Free Cashflow ps | |||||||||
| Dividends | |||||||||
| Dividend ps | |||||||||
| Dividend Growth | % | ||||||||
| Dividend Yield | % | ||||||||
| Dividend Cover | x | ||||||||
| Balance Sheet | |||||||||
| Cash etc | m | ||||||||
| Working Capital | m | ||||||||
| NFA | m | ||||||||
| Net Debt | m | ||||||||
| Book Value | m | ||||||||
| Diluted Weighted Average Shares | m | ||||||||
| Book Value ps | |||||||||
Other Ratios
| Leverage (ttm) | Total | - Intang | + Pension |
|---|---|---|---|
| Gross Gearing | |||
| Net Gearing | |||
| Cash / Assets |
| Liquidity (ttm) | |
|---|---|
| Curr. Ratio | |
| Quick Ratio | |
| Interest Cov. | |
| Efficiency (ttm) | |
|---|---|
| Asset Turnover | |
| Recs Turnover | |
| Stock Turnover | |
Recent History
| Latest interim period vs. prior period | Industry | Market | |
|---|---|---|---|
| Sales Growth | |||
| EPS Growth | |||
| 3yr Compound Annual Growth Rate | Industry | Market | |
|---|---|---|---|
| Sales CAGR | |||
| EPS CAGR | |||
| DPS CAGR | |||
Profile Summary
First Merchants Corporation is a financial holding company. The Company has one full-service bank charter, First Merchants Bank (the Bank). The Bank also operates as First Merchants Private Wealth Advisors (as a division of First Merchants Bank). Through the Bank, the Company offers a broad range of commercial and consumer banking services to meet the diverse needs of its customers. Its commercial banking team offers a full spectrum of debt capital, treasury management services and depository products. The consumer banking group offers a variety of consumer deposit and lending products. The mortgage banking team offers consumer mortgage solutions to assist with the purchase, refinance, construction or renovation of residential properties. Private Wealth Advisors offers personal wealth management services with expertise in investment management, private banking, fiduciary estate and financial planning. The Bank includes about 110 banking locations in Indiana, Ohio, and Michigan.
Directors
- Charles Schalliol NEC (73)
- Michael Stewart PRE (55)
- Mark Hardwick CEO (50)
- Michele Kawiecki CFO (48)
- John Martin EVP (54)
- Stephan Fluhler SVP (52)
- Jeffrey Lorentson SVP (57)
- Steven Harris SVP (57)
- Michael Rechin DRC (62)
- Michael Becher IND (67)
- Susan Brooks IND (60)
- Michael Fisher IND (51)
- F. Howard Halderman IND (54)
- William Hoy IND (72)
- Clark Kellogg IND (60)
- Gary Lehman IND (68)
- Patrick Sherman IND (73)
- Jean Wojtowicz IND (63)
- Last Annual
- December 31st, 2024
- Last Interim
- March 31st, 2025
- Incorporated
- September 20th, 1982
- Public Since
- June 20th, 1989
- No. of Shareholders
- 3,912
- No. of Employees
- 2,120
- Sector
- Banking Services
- Industry
- Financials
- Exchange
NASDAQ Global Select Market- Shares in Issue
- 57,810,232
- Address
- 200 E Jackson St,, MUNCIE, 47308-0792
- Web
- https://ir.firstmerchants.com/
- Phone
- +1 7657471500
- Contact
- Nicole Weaver
- Auditors
- FORVIS, LLP
Upcoming Events for FRME
First Merchants Corp Annual Shareholders Meeting
First Merchants Corp Annual Shareholders Meeting
Q2 2025 First Merchants Corp Earnings Release
Q3 2025 First Merchants Corp Earnings Release
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FAQ
What is the First Merchants share price?
As of Today at 20:37 UTC, shares in First Merchants are trading at $35.56. This share price information is delayed by 15 minutes.
How has the First Merchants share price performed this year?
Shares in First Merchants last closed at $35.56 and the price had moved by +3.19% over the past 365 days. In terms of relative price strength the First Merchants share price has underperformed the S&P500 Index by -4.75% over the past year.
What are the analyst and broker recommendations for First Merchants?
The overall consensus recommendation for First Merchants is Buy. You can view the full broker recommendation list by unlocking its StockReport.
Find out moreWhat is the First Merchants dividend yield?
The First Merchants dividend yield is 3.94% based on the trailing twelve month period.
Does First Merchants pay a dividend?
Last year, First Merchants paid a total dividend of $1.40, and it currently has a trailing dividend yield of 3.94%. We do not have any data on when First Merchants is to next pay dividends.
When does First Merchants next pay dividends?
We do not have data on when First Merchants is to next pay dividends. The historic dividend yield on First Merchants shares is currently 3.94%.
How do I buy First Merchants shares?
To buy shares in First Merchants you'll need a share-dealing account with an online or offline stock broker. Once you have opened your account and transferred funds into it, you'll be able to search and select shares to buy and sell. You can use Stockopedia’s share research software to help you find the the kinds of shares that suit your investment strategy and objectives.
What is the market cap of First Merchants?
As of the previous close price of $35.56, shares in First Merchants had a market capitalisation of $2.06bn.
Where are First Merchants shares listed?
Here are the trading details for First Merchants:
- Country of listing: United States
- Exchange: NSQ
- Ticker Symbol: FRME
What kind of share is First Merchants?
Based on an overall assessment of its quality, value and momentum First Merchants is currently classified as a Super Stock. The classification is based on a composite score that examines a wide range of fundamental and technical measures. Stock are classified on the the following spectrum: Super Stocks, High Flyers, Contrarians, Turnarounds, Neutral, Value Traps, Momentum Traps, Falling Stars, and Sucker Stocks. For more information, learn about our StockRank Styles.
Is there a First Merchants share price forecast for 2025?
The analyst consensus target price for shares in First Merchants is $48.17. That is 35.46% above the last closing price of $35.56.
Analysts covering First Merchants currently have a consensus Earnings Per Share (EPS) forecast of $3.88 for the next financial year.
Find out moreWhat is the trend in the First Merchants share price?
An important predictor of whether a stock price will go up is its track record of momentum. Price trends tend to persist, so it's worth looking at them when it comes to a share like First Merchants. Over the past six months, its share price has outperformed the S&P500 Index by +4.84%.
As of the last closing price of $35.56, shares in First Merchants were trading -10.09% below their 200 day moving average. You can read more about the power of momentum in assessing share price movements on Stockopedia.
What is the First Merchants PE Ratio?
The First Merchants PE ratio based on its reported earnings over the past 12 months is 9. The shares last closed at $35.56.
The PE ratio (or price-to-earnings ratio) is the one of the most popular valuation measures used by stock market investors. It is calculated by dividing a company's price per share by its earnings per share.
The PE ratio can be seen as being expressed in years, in the sense that it shows the number of years of earnings which would be required to pay back the purchase price, ignoring inflation. So in general terms, the higher the PE, the more expensive the stock is.
Who are the key directors of First Merchants?
First Merchants' management team is headed by:
- Charles Schalliol - NEC
- Michael Stewart - PRE
- Mark Hardwick - CEO
- Michele Kawiecki - CFO
- John Martin - EVP
- Stephan Fluhler - SVP
- Jeffrey Lorentson - SVP
- Steven Harris - SVP
- Michael Rechin - DRC
- Michael Becher - IND
- Susan Brooks - IND
- Michael Fisher - IND
- F. Howard Halderman - IND
- William Hoy - IND
- Clark Kellogg - IND
- Gary Lehman - IND
- Patrick Sherman - IND
- Jean Wojtowicz - IND