- $2.15bn
- $2.41bn
- $651.00m
- 57
- 84
- 85
- 89
Growth & Value
12m Forecast Rolling | Industry | Market | |
---|---|---|---|
PE Ratio (f) | 10.5 | ||
PEG Ratio (f) | 4.91 | ||
EPS Growth (f) | 2.19% | ||
Dividend Yield (f) | 3.8% |
Valuation (ttm) | Industry | Market | |
---|---|---|---|
Price to Book Value | 0.98 | ||
Price to Tang. Book | 1.48 | ||
Price to Free Cashflow | 8.03 | ||
Price to Sales | 3.4 | ||
EV to EBITDA | 191.39 |
Shareholder Activity
Type | Buy / Hold / Sell |
---|---|
Institutions | |
Directors | |
Community |
Guru Screens
Quality
Name | Industry | Market | |
---|---|---|---|
Return on Capital | 1.15% | ||
Return on Equity | 8.58% | ||
Operating Margin | 33.43% |
Financial Summary
Year End 31st Dec | Unit | 2019 | 2020 | 2021 | 2022 | 2023 | 2024E | 2025E | CAGR / Avg |
---|---|---|---|---|---|---|---|---|---|
Total Revenue | $m | 443.35 | 492.05 | 520 | 628.14 | 651 | 658.07 | 677.92 | 9.41% |
Operating Profit | m | ||||||||
Net Profit | m | ||||||||
EPS Reported | |||||||||
Diluted Normalised EPS | |||||||||
EPS Growth | % | -0.85 | +14.67 | +4.09 | +13.13 | -13.39 | -11.64 | +8.68 | 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 conducts banking activities through its wholly owned subsidiary, 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 financial services, including accepting time, savings, and demand deposits; making consumer, commercial, agri-business and real estate mortgage loans; providing personal and corporate trust services; offering full-service brokerage and private wealth management; and providing letters of credit, repurchase agreements and other corporate services. The Company operates through a community banking segment. The Bank includes 116 banking locations in Indiana, Ohio, Michigan, and Illinois. In addition to its branch network, the Company offers comprehensive electronic and mobile delivery channels to its customers.
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, 2023
- Last Interim
- June 30th, 2024
- Incorporated
- September 20th, 1982
- Public Since
- June 20th, 1989
- No. of Shareholders
- 4,137
- No. of Employees
- 2,162
- Sector
- Banking Services
- Industry
- Financials
- Exchange
- NASDAQ Global Select Market
- Shares in Issue
- 58,506,917
- 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
Q4 2024 First Merchants Corp Earnings Release
Similar to FRME
1st Source
NASDAQ Global Select Market
Arrow Financial
NASDAQ Global Select Market
Atlanticus Holdings
NASDAQ Global Select Market
BancFirst
NASDAQ Global Select Market
Bancorp
NASDAQ Global Select Market
FAQ
As of Today at 21:08 UTC, shares in First Merchants are trading at $36.73. This share price information is delayed by 15 minutes.
Shares in First Merchants last closed at $36.73 and the price had moved by +25.36% over the past 365 days. In terms of relative price strength the First Merchants share price has underperformed the S&P500 Index by -0.84% over the past year.
The overall consensus recommendation for First Merchants is Buy. You can view the full broker recommendation list by unlocking its StockReport.
Find out moreThe First Merchants dividend yield is 3.73% based on the trailing twelve month period.
Last year, First Merchants paid a total dividend of $1.37, and it currently has a trailing dividend yield of 3.73%.Looking ahead, the next dividend pay date is 2024-09-20.
We do not have data on when First Merchants is to next pay dividends. The historic dividend yield on First Merchants shares is currently 3.73%.
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.
As of the previous close price of $36.73, shares in First Merchants had a market capitalisation of $2.15bn.
Here are the trading details for First Merchants:
- Country of listing: United States
- Exchange: NSQ
- Ticker Symbol: FRME
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.
The analyst consensus target price for shares in First Merchants is $45.17. That is 22.98% above the last closing price of $36.73.
Analysts covering First Merchants currently have a consensus Earnings Per Share (EPS) forecast of $3.30 for the next financial year.
Find out moreAn 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 +2.56%.
As of the last closing price of $36.73, shares in First Merchants were trading +5.45% higher than their 200 day moving average. You can read more about the power of momentum in assessing share price movements on Stockopedia.
The First Merchants PE ratio based on its reported earnings over the past 12 months is 10.5. The shares last closed at $36.73.
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.
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