Next earnings date: 22 Oct 2025
First Merchants Corporation – NASDAQ:FRME
First Merchants stock price today
$39.72
-0.53
-1.32%
Financial Health
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Market closed
Open in about 14 hours
First Merchants stock price monthly change
+13.73%
month
First Merchants stock price quarterly change
+13.73%
quarter
First Merchants stock price yearly change
+6.09%
year
First Merchants key metrics
Market Cap | 2.38B |
Enterprise value | 2.84B |
P/E | 13.01 |
EV/Sales | 3.00 |
EV/EBITDA | 13.18 |
Price/Sales | 2.49 |
Price/Book | 1.01 |
PEG ratio | 0.13 |
EPS | 3.47 |
Revenue | 849.22M |
EBITDA | 136.23M |
Income | 207.64M |
Revenue Q/Q | 54.92% |
Revenue Y/Y | 67.91% |
Profit margin | 18.95% |
Oper. margin | 24.24% |
Gross margin | 100% |
EBIT margin | 24.24% |
EBITDA margin | 16.04% |
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Sign up for freeFirst Merchants stock price history
First Merchants stock forecast
First Merchants financial statements
Average Price Target
$47
Potential upside: 18.32%
Analysts Price target
Financials & Ratios estimates
| Jun 2023 | 164.15M | 60.86M | 37.08% |
|---|---|---|---|
| Sep 2023 | 161.22M | 56.36M | 34.96% |
| Dec 2023 | 261.84M | 42.47M | 16.22% |
| Mar 2024 | 262.00M | 47.94M | 18.3% |
| 2024-10-24 | 0.9 | 0.84 |
|---|
3.45%
Yield TTM
| Payout ratio | 46.44% |
|---|
| 2019 | 2.4% |
|---|---|
| 2020 | 2.8% |
| 2021 | 2.72% |
| 2022 | 3.13% |
| 2023 | 3.73% |
| Jun 2023 | 17968412000 | 15.82B | 88.06% |
|---|---|---|---|
| Sep 2023 | 17996648000 | 15.90B | 88.37% |
| Dec 2023 | 18405887000 | 16.15B | 87.79% |
| Mar 2024 | 18317803000 | 16.09B | 87.85% |
| Jun 2023 | 35.87M | 216.04M | -268.76M |
|---|---|---|---|
| Sep 2023 | 58.96M | -85.44M | 42.67M |
| Dec 2023 | 71.48M | -242.99M | 158.99M |
| Mar 2024 | 58.84M | 82.88M | -153.86M |
First Merchants alternative data
| Sep 2023 | 2,124 |
|---|---|
| Oct 2023 | 2,124 |
| Nov 2023 | 2,124 |
| Dec 2023 | 2,124 |
| Jan 2024 | 2,124 |
| Feb 2024 | 2,124 |
| Mar 2024 | 2,162 |
| Apr 2024 | 2,162 |
| May 2024 | 2,162 |
| Jun 2024 | 2,162 |
| Jul 2024 | 2,162 |
First Merchants other data
43.87%
-29.01%
of FRME is owned by hedge funds
149
-77
25.42M
-17.82M
shares is hold by hedge funds
What is insider trading?
| Period | Buy | Sel |
|---|---|---|
| Feb 2024 | 0 | 16288 |
| May 2024 | 0 | 23936 |
| Aug 2024 | 0 | 11832 |
| Nov 2024 | 0 | 26437 |
| Dec 2024 | 0 | 7248 |
| Transaction | Date | Insider | Security | Shares | Price per share | Total value | Source |
|---|---|---|---|---|---|---|---|
Sale | STEWART MICHAEL J officer: President | Common Stock | 7,248 | $43.73 | $316,955 | ||
Sale | FEHRING PATRICK J. director | Common Stock | 26,437 | $43.01 | $1,137,055 | ||
Sale | FEHRING PATRICK J. director | Common Stock | 26,437 | $43.01 | $1,137,055 | ||
Sale | HARDWICK MARK K director, officer.. | Common Stock | 11,832 | $40.22 | $475,883 | ||
Option | WOJTOWICZ JEAN L director | Common Stock | 1,500 | $21.65 | $32,475 | ||
Option | WOJTOWICZ JEAN L director | Non-Employee Director Stock Option (right to buy) | 1,500 | $21.65 | $32,475 | ||
Option | FEHRING PATRICK J. director | Common Stock | 10,383 | $18.01 | $186,998 | ||
Option | FEHRING PATRICK J. director | Common Stock | 10,383 | $18.01 | $186,998 | ||
Option | FEHRING PATRICK J. director | Common Stock | 12,554 | $21.79 | $273,552 | ||
Option | FEHRING PATRICK J. director | Common Stock | 12,554 | $21.79 | $273,552 |
| Quarter | Transcript |
|---|---|
| Q1 2024 25 Apr 2024 | Q1 2024 Earnings Call Transcript |
| Q4 2023 26 Jan 2024 | Q4 2023 Earnings Call Transcript |
| Q3 2023 26 Oct 2023 | Q3 2023 Earnings Call Transcript |
| Q2 2023 25 Jul 2023 | Q2 2023 Earnings Call Transcript |
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What's the price of First Merchants stock today?
One share of First Merchants stock can currently be purchased for approximately $39.72.
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When is First Merchants's next earnings date?
First Merchants Corporation is estimated to report earnings on Wednesday, 22 Oct 2025.
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Does First Merchants pay dividends?
Yes, First Merchants pays dividends and its trailing 12-month yield is 3.45% with 46% payout ratio. The last First Merchants stock dividend of $0.29 was paid on 17 Dec 2021.
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How much money does First Merchants make?
First Merchants has a market capitalization of 2.38B and it's past years’ income statements indicate that its last revenue has increased compared to the previous period by 4.17% to 654.31M US dollars. First Merchants earned 223.79M US dollars in net income (profit) last year or $0.84 on an earnings per share basis.
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What is First Merchants's stock symbol?
First Merchants Corporation is traded on the NASDAQ under the ticker symbol "FRME".
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What is First Merchants's primary industry?
Company operates in the Financial Services sector and Banks - Regional industry.
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How do i buy shares of First Merchants?
Shares of First Merchants can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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Who are First Merchants's key executives?
First Merchants's management team includes the following people:
- Mr. Michael C. Rechin Advisor & Director(age: 66, pay: $995,980)
- Mr. Mark K. Hardwick Chief Executive Officer & Director(age: 54, pay: $546,280)
- Mr. Michael J. Stewart Pres(age: 59, pay: $502,400)
- Mr. John J. Martin Executive Vice President & Chief Credit Officer(age: 58, pay: $388,450)
- Mr. Stephan H. Fluhler Senior Vice President & Chief Information Officer(age: 56, pay: $374,000)
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How many employees does First Merchants have?
As Jul 2024, First Merchants employs 2,162 workers.
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When First Merchants went public?
First Merchants Corporation is publicly traded company for more then 36 years since IPO on 20 Jun 1989.
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What is First Merchants's official website?
The official website for First Merchants is firstmerchants.com.
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Where are First Merchants's headquarters?
First Merchants is headquartered at 200 East Jackson Street, Muncie, IN.
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How can i contact First Merchants?
First Merchants's mailing address is 200 East Jackson Street, Muncie, IN and company can be reached via phone at +7 657471500.
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What is First Merchants stock forecast & price target?
Based on 1 Wall Street analysts` predicted price targets for First Merchants in the last 12 months, the avarage price target is $47. The average price target represents a 18.32% change from the last price of $39.72.
First Merchants company profile:
First Merchants Corporation
firstmerchants.comExchange:
NASDAQ
Full time employees:
2,162
Industry:
Banks - Regional
Sector:
Financial Services
First Merchants Corporation operates as the financial holding company for First Merchants Bank that provides community banking services. It accepts time, savings, and demand deposits; and provides consumer, commercial, agri-business, and real estate mortgage loans, as well as public finance. The company also offers personal and corporate trust; brokerage and private wealth management; and letters of credit, repurchase agreements, and other corporate services. It operates 109 banking locations in Indiana, Illinois, Ohio, and Michigan counties. The company also offers its services through electronic and mobile delivery channels. First Merchants Corporation was founded in 1893 and is headquartered in Muncie, Indiana.
200 East Jackson Street
Muncie, IN 47305-2814
Muncie, IN 47305-2814
CIK: 0000712534
ISIN: US3208171096
CUSIP: 320817109
