First Merchants Corporation NASDAQ:FRME

First Merchants stock price today

$39.72
-0.53
-1.32%
Financial Health
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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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First Merchants stock price history

First Merchants stock forecast

First Merchants financial statements

Average Price Target
Last Year

$47

Potential upside: 18.32%

Based on estimate of 1 analysts
  • Analysts Price target

  • Financials & Ratios estimates

First Merchants Corporation (NASDAQ:FRME): Profit margin
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%
First Merchants Corporation (NASDAQ:FRME): Earnings per share (EPS)
2024-10-24 0.9 0.84
3.45%
Yield TTM
First Merchants Corporation (NASDAQ:FRME): Payout ratio
Payout ratio 46.44%
First Merchants Corporation (NASDAQ:FRME): Dividend Yield
2019 2.4%
2020 2.8%
2021 2.72%
2022 3.13%
2023 3.73%
First Merchants Corporation (NASDAQ:FRME): Debt to assets
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%
First Merchants Corporation (NASDAQ:FRME): Cash Flow
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

First Merchants Corporation (NASDAQ:FRME): Employee count
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
25.42M -17.82M
shares is hold by hedge funds

First Merchants Corporation (NASDAQ:FRME): Insider trades (number of shares)
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
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Zacks Investment Research
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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.

  • When is First Merchants's next earnings date?

    First Merchants Corporation is estimated to report earnings on Wednesday, 22 Oct 2025.

  • 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.

  • 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.

  • What is First Merchants's stock symbol?

    First Merchants Corporation is traded on the NASDAQ under the ticker symbol "FRME".

  • What is First Merchants's primary industry?

    Company operates in the Financial Services sector and Banks - Regional industry.

  • 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.

  • 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)
  • How many employees does First Merchants have?

    As Jul 2024, First Merchants employs 2,162 workers.

  • When First Merchants went public?

    First Merchants Corporation is publicly traded company for more then 36 years since IPO on 20 Jun 1989.

  • What is First Merchants's official website?

    The official website for First Merchants is firstmerchants.com.

  • Where are First Merchants's headquarters?

    First Merchants is headquartered at 200 East Jackson Street, Muncie, IN.

  • 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.

  • 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.com
Exchange:

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

CIK: 0000712534
ISIN: US3208171096
CUSIP: 320817109