NasdaqGS:FRMEBanks
Is There Still Upside In First Merchants (FRME) After Recent Regional Banking Reassessment?
If you are looking at First Merchants and wondering whether the current share price still offers value, you are in the right place.
The stock last closed at US$39.65, with returns of 2.9% over 7 days, 3.1% over 30 days, 5.7% year to date, 2.5% over 1 year and 21.8% over 5 years. This raises fair questions about how much upside or risk may now be priced in.
Recent news around First Merchants has focused on its position in the US regional banking space and how investors are reassessing risk...