View Future GrowthFirst Merchants 過去の業績過去 基準チェック /26First Merchantsは、平均年間2%の収益成長を遂げていますが、 Banks業界の収益は、年間 成長しています。収益は、平均年間3.1% 5.3%収益成長率で 成長しています。 First Merchantsの自己資本利益率は7.4%であり、純利益率は30.9%です。主要情報2.03%収益成長率0.36%EPS成長率Banks 業界の成長11.18%収益成長率5.28%株主資本利益率7.44%ネット・マージン30.88%前回の決算情報31 Mar 2026最近の業績更新お知らせ • Apr 24First Merchants Corporation Reports Net Charge Offs for the First Quarter Ended March 31, 2026First Merchants Corporation reported net charge offs for the first quarter ended March 31, 2026. For the period, the company reported net charge-offs of $10,256,000 compared to $4,926,000 a year ago.お知らせ • Apr 02First Merchants Corporation to Report Q1, 2026 Results on Apr 22, 2026First Merchants Corporation announced that they will report Q1, 2026 results on Apr 22, 2026Reported Earnings • Feb 27Full year 2025 earnings: Revenues and EPS in line with analyst expectationsFull year 2025 results: EPS: US$3.90 (up from US$3.42 in FY 2024). Revenue: US$641.7m (up 5.0% from FY 2024). Net income: US$224.1m (up 12% from FY 2024). Profit margin: 35% (up from 33% in FY 2024). The increase in margin was driven by higher revenue. Net interest margin (NIM): 3.25% (up from 3.19% in FY 2024). Cost-to-income ratio: 54.5% (up from 53.6% in FY 2024). Non-performing loans: 0.52% (down from 0.57% in FY 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Revenue is forecast to grow 14% p.a. on average during the next 2 years, compared to a 9.1% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has fallen by 3% per year whereas the company’s share price has fallen by 1% per year.Reported Earnings • Jan 27Full year 2025 earnings: Revenues and EPS in line with analyst expectationsFull year 2025 results: EPS: US$3.88 (up from US$3.42 in FY 2024). Revenue: US$641.7m (up 5.0% from FY 2024). Net income: US$224.1m (up 12% from FY 2024). Profit margin: 35% (up from 33% in FY 2024). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Revenue is forecast to grow 13% p.a. on average during the next 2 years, compared to a 8.9% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has fallen by 3% per year whereas the company’s share price has fallen by 4% per year.お知らせ • Jan 27First Merchants Corporation Announces Net Charge Offs for the Quarter Ended December 31, 2025First Merchants Corporation announced net charge offs for the quarter ended December 31, 2025. For the quarter, the company reported net charge offs of $6,021,000 against $771,000 a year ago.お知らせ • Jan 06First Merchants Corporation to Report Q4, 2025 Results on Jan 26, 2026First Merchants Corporation announced that they will report Q4, 2025 results on Jan 26, 2026すべての更新を表示Recent updatesDeclared Dividend • May 22First quarter dividend increased to US$0.37Dividend of US$0.37 is 2.8% higher than last year. Ex-date: 5th June 2026 Payment date: 19th June 2026 Dividend yield will be 3.6%, which is higher than the industry average of 3.2%. Sustainability & Growth The dividend has increased by an average of 13% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 18% over the next year, which should provide support to the dividend and adequate earnings cover.ライブニュース • May 22First Merchants Q1 Earnings Beat as Acquisition and Loan Moves Reshape OutlookFirst Merchants reported Q1 2026 revenue of US$157.13 million, which was 2%–5.6% lower year over year and about 12.75% below analyst expectations. Adjusted EPS came in at US$1.03, about 9.6% higher year over year and roughly 6.6%–7.3% above estimates, supported by net interest margin expansion and fee income growth. The quarter included sizeable one-time items, including a US$29.8 million loss on reclassified mortgage loans and US$17 million of acquisition and integration costs related to the February 1 purchase of First Savings Financial Group, which added US$2.46 billion in assets and 127 banking centers. The earnings profile in Q1 appears heavily shaped by repositioning moves and acquisition accounting, so it may help to separate one-time charges from the underlying margin and fee trends when assessing the bank’s progress. Investors may want to watch how quickly integration costs taper off, whether deposit mix and loan growth targets hold up, and how effectively the company executes on its plan to fund higher-yielding commercial loans after selling lower-yield mortgages.お知らせ • May 21+ 1 more updateFirst Merchants Corporation announces Quarterly dividend, payable on June 19, 2026First Merchants Corporation announced Quarterly dividend of USD 0.3700 per share payable on June 19, 2026, ex-date on June 05, 2026 and record date on June 05, 2026.お知らせ • Apr 24First Merchants Corporation Reports Net Charge Offs for the First Quarter Ended March 31, 2026First Merchants Corporation reported net charge offs for the first quarter ended March 31, 2026. For the period, the company reported net charge-offs of $10,256,000 compared to $4,926,000 a year ago.お知らせ • Apr 06First Merchants Corporation, Annual General Meeting, May 19, 2026First Merchants Corporation, Annual General Meeting, May 19, 2026.お知らせ • Apr 02First Merchants Corporation to Report Q1, 2026 Results on Apr 22, 2026First Merchants Corporation announced that they will report Q1, 2026 results on Apr 22, 2026Upcoming Dividend • Feb 28Upcoming dividend of US$0.36 per shareEligible shareholders must have bought the stock before 06 March 2026. Payment date: 06 March 2026. Payout ratio is a comfortable 37% and this is well supported by cash flows. Trailing yield: 3.7%. Lower than top quartile of American dividend payers (4.2%). Higher than average of industry peers (2.4%).Reported Earnings • Feb 27Full year 2025 earnings: Revenues and EPS in line with analyst expectationsFull year 2025 results: EPS: US$3.90 (up from US$3.42 in FY 2024). Revenue: US$641.7m (up 5.0% from FY 2024). Net income: US$224.1m (up 12% from FY 2024). Profit margin: 35% (up from 33% in FY 2024). The increase in margin was driven by higher revenue. Net interest margin (NIM): 3.25% (up from 3.19% in FY 2024). Cost-to-income ratio: 54.5% (up from 53.6% in FY 2024). Non-performing loans: 0.52% (down from 0.57% in FY 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Revenue is forecast to grow 14% p.a. on average during the next 2 years, compared to a 9.1% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has fallen by 3% per year whereas the company’s share price has fallen by 1% per year.Declared Dividend • Feb 13Fourth quarter dividend of US$0.36 announcedShareholders will receive a dividend of US$0.36. Ex-date: 6th March 2026 Payment date: 6th March 2026 Dividend yield will be 3.4%, which is higher than the industry average of 3.2%. Sustainability & Growth Dividend is well covered by earnings (37% payout ratio) and is expected to be well covered in 3 years' time (33% forecast payout ratio). The dividend has increased by an average of 16% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 16% over the next 2 years, which should provide support to the dividend and adequate earnings cover.お知らせ • Feb 11First Merchants Corporation Declares Cash Dividend, Payable on March 20, 2026On February 10, 2026, First Merchants Corporation issued a press release announcing the declaration of a cash dividend of $0.36 per common share. The cash dividend is payable on March 20, 2026 to common stockholders of record as of March 6, 2026.お知らせ • Feb 10First Merchants Corporation and First Merchants Bank Announces Appointment of Larry Myers to Board of DirectorsFirst Merchants Corporation announced that Larry Myers has been appointed to the Boards of Directors of First Merchants Corporation and First Merchants Bank. Myers recently announced plans to transition from his role as President and Chief Executive Officer of First Savings Bank and First Savings Financial Group Inc., positions he has held for nearly 20 years. During Myers’ tenure at First Savings, he served as Chairman of the Indiana Bankers Association and on the board of the American Bankers Association. He earned both his Bachelor of Science and MBA from the University of Kentucky and joined the Federal Home Loan Bank Board of Directors in 2018. Myers’ career includes decades of experience in community banking, credit management, and regional economic development. The Board of Directors of First Merchants Corporation increased the size of its Board of Directors from twelve to thirteen members with the additional vacancy added in Class III.お知らせ • Feb 03First Merchants Corporation (NasdaqGS:FRME) completed the acquisition of First Savings Financial Group, Inc. (NasdaqCM:FSFG).First Merchants Corporation (NasdaqGS:FRME) entered into a definitive merger agreement to acquire First Savings Financial Group, Inc. (NasdaqCM:FSFG) for approximately $230 million on September 24, 2025. The all-stock transaction is currently valued at approximately $241.3 million. The merger agreement provides that the common shareholders of First Savings will have the right to receive 0.85 of a share of First Merchants common stock. First Merchants expects to appoint Larry W. Myers, President and Chief Executive Officer and a Director of First Savings, to its Board of Directors in connection with the merger. First Merchants anticipates earnings per share accretion of approximately 11% in 2027 and a tangible book value earnback period of 3.0 years. Sell side termination fee is $10 million. The transaction is subject to First Savings’ shareholder approval, regulatory approvals, effectiveness of a Form S-4 registration statement, authorization for listing on the Nasdaq Global Select Market of the shares of First Merchants common stock, court approval and other customary conditions. First Merchants’ shareholder approval is not required. The Boards of Directors of both First Merchants and First Savings have approved the Merger Agreement. All regulatory and approval from the holders of First Savings Common Stock shall has been received as of October 17, 2025. The transaction is expected to close in the first quarter of 2026. On January 15, 2026, First Merchants Corporation received the non-objection of the Federal Reserve Bank of Chicago in connection with the Company’s request for a waiver of application related to its pending merger with First Savings Financial Group, Inc. First Merchants and First Savings anticipate that the Merger will become effective as of February 1, 2026, subject to satisfaction of certain customary closing conditions contained in the Merger Agreement. Stephens Inc. is serving as financial advisor to First Merchants, and Jeremy E. Hill of Dentons is serving as legal advisor. Piper Sandler & Co. is serving as financial advisor, fairness opinion provider to First Savings and will receive a fee of 1.625% of the aggregate purchase price, of which $0.4 million for opinion rendered. Victor L. Cangelosi and Thomas P. Hutton of Luse Gorman, PC is serving as legal advisor. First Merchants Corporation (NasdaqGS:FRME) completed the acquisition of First Savings Financial Group, Inc. (NasdaqCM:FSFG) on February 1, 2026.Reported Earnings • Jan 27Full year 2025 earnings: Revenues and EPS in line with analyst expectationsFull year 2025 results: EPS: US$3.88 (up from US$3.42 in FY 2024). Revenue: US$641.7m (up 5.0% from FY 2024). Net income: US$224.1m (up 12% from FY 2024). Profit margin: 35% (up from 33% in FY 2024). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Revenue is forecast to grow 13% p.a. on average during the next 2 years, compared to a 8.9% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has fallen by 3% per year whereas the company’s share price has fallen by 4% per year.お知らせ • Jan 27First Merchants Corporation Announces Net Charge Offs for the Quarter Ended December 31, 2025First Merchants Corporation announced net charge offs for the quarter ended December 31, 2025. For the quarter, the company reported net charge offs of $6,021,000 against $771,000 a year ago.お知らせ • Jan 06First Merchants Corporation to Report Q4, 2025 Results on Jan 26, 2026First Merchants Corporation announced that they will report Q4, 2025 results on Jan 26, 2026Declared Dividend • Nov 20Third quarter dividend of US$0.36 announcedShareholders will receive a dividend of US$0.36. Ex-date: 5th December 2025 Payment date: 19th December 2025 Dividend yield will be 4.0%, which is higher than the industry average of 3.2%. Sustainability & Growth Dividend is well covered by earnings (35% payout ratio) and is expected to be well covered in 3 years' time (34% forecast payout ratio). The dividend has increased by an average of 16% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 12% over the next 2 years, which should provide support to the dividend and adequate earnings cover.お知らせ • Nov 17First Merchants Corporation Announces the Retirement of Patrick Fehring from the Board of Directors Effective November 14, 2025On November 14, 2025, First Merchants Corporation (the “Corporation”) announced the retirement of Patrick Fehring from the Board of Directors effective immediately. Mr. Fehring has served on the Board since 2022 and was a member of the Risk and Credit Policy Committee. The retirement of Mr. Fehring is not the result of any disagreement with the Corporation on any matter relating to the Corporation’s operations, policies, or practices. Also, on November 14, 2025, the Corporation decreased the size of its Board from thirteen (13) members to twelve (12) members. The Corporation had thirteen (13) members immediately prior to the decrease.お知らせ • Nov 15First Merchants Corporation Announces Cash Dividend, Payable on December 19, 2025First Merchants Corporation declared a cash dividend on November 14, 2025 of $0.36 per common share. The dividend is payable on December 19, 2025, to common shareholders of record as of December 5, 2025.Seeking Alpha • Nov 08First Merchants: I Prefer The Common Over The Preferred StockSummary First Merchants delivers solid earnings growth, with net interest income rising and a well-covered 4% dividend yield. FRME's common shares offer a compelling risk/reward profile, trading at under 10x earnings and below 1.5x tangible book value. The preferred stock appears less attractive due to a 5% premium over the call price and potential call risk, despite strong dividend coverage. I rate FRME common stock a buy based on robust book value growth, low payout ratio, and attractive valuation metrics. Read the full article on Seeking Alphaお知らせ • Oct 24First Merchants Corporation Reports Net Charge-Offs for the Third Quarter Ended September 30, 2025First Merchants Corporation reported Net Charge-offs for the third quarter ended September 30, 2025. For the quarter, the company reported Net Charge-offs of $5,148,000 against $6,709,000 a year ago.Reported Earnings • Oct 23Third quarter 2025 earnings: EPS exceeds analyst expectationsThird quarter 2025 results: EPS: US$0.98 (up from US$0.84 in 3Q 2024). Revenue: US$161.8m (up 7.2% from 3Q 2024). Net income: US$56.3m (up 16% from 3Q 2024). Profit margin: 35% (up from 32% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 1.9%. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 8.0% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has fallen by 3% per year whereas the company’s share price has fallen by 6% per year.お知らせ • Oct 02First Merchants Corporation to Report Q3, 2025 Results on Oct 22, 2025First Merchants Corporation announced that they will report Q3, 2025 results on Oct 22, 2025お知らせ • Sep 26First Merchants Corporation Appoints Larry W. Myers to Its Board of DirectorsFirst Merchants Corporation and First Savings Financial Group Inc. announced they have entered into a definitive merger agreement pursuant to which First Savings will merge with and into First Merchants in an all-stock transaction currently valued at approximately $241.3 million. Immediately following the merger, First Savings Bank will merge with and into First Merchants Bank. First Merchants expects to appoint Larry W. Myers, President and Chief Executive Officer and a Director of First Savings, to its Board of Directors in connection with the merger.お知らせ • Sep 25First Merchants Corporation (NasdaqGS:FRME) entered into a definitive merger agreement to acquire First Savings Financial Group, Inc. (NasdaqCM:FSFG) for approximately $230 million.First Merchants Corporation (NasdaqGS:FRME) entered into a definitive merger agreement to acquire First Savings Financial Group, Inc. (NasdaqCM:FSFG) for approximately $230 million on September 24, 2025. The all-stock transaction is currently valued at approximately $241.3 million. The merger agreement provides that the common shareholders of First Savings will have the right to receive 0.85 of a share of First Merchants common stock. First Merchants expects to appoint Larry W. Myers, President and Chief Executive Officer and a Director of First Savings, to its Board of Directors in connection with the merger. First Merchants anticipates earnings per share accretion of approximately 11% in 2027 and a tangible book value earnback period of 3.0 years. Sell side termination fee is $10 million. The transaction is subject to First Savings’ shareholder approval, regulatory approvals, effectiveness of a Form S-4 registration statement, authorization for listing on the Nasdaq Global Select Market of the shares of First Merchants common stock and other customary conditions. First Merchants’ shareholder approval is not required. The Boards of Directors of both First Merchants and First Savings have approved the Merger Agreement. The transaction is expected to close in the first quarter of 2026. Stephens Inc. is serving as financial advisor to First Merchants, and Jeremy E. Hill of Dentons is serving as legal advisor. Piper Sandler & Co. is serving as financial advisor and fairness opinion provider to First Savings and Victor L. Cangelosi and Thomas P. Hutton of Luse Gorman, PC is serving as legal advisor.Declared Dividend • Aug 20Second quarter dividend of US$0.36 announcedShareholders will receive a dividend of US$0.36. Ex-date: 5th September 2025 Payment date: 19th September 2025 Dividend yield will be 3.6%, which is higher than the industry average of 3.2%. Sustainability & Growth The dividend has increased by an average of 16% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 1.0% over the next year, which should provide support to the dividend and adequate earnings cover.お知らせ • Aug 16First Merchants Corporation Announces Cash Dividend on Common Shares, Payable on September 19, 2025First Merchants Corporation declared a cash dividend on August 15, 2025 of $0.36 per common share. The dividend is payable on September 19, 2025, to common shareholders of record as of September 5, 2025.New Risk • Jul 30New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 0.01% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. This is currently the only risk that has been identified for the company.Reported Earnings • Jul 24Second quarter 2025 earnings: EPS exceeds analyst expectations while revenues lag behindSecond quarter 2025 results: EPS: US$0.98 (up from US$0.68 in 2Q 2024). Revenue: US$158.7m (up 17% from 2Q 2024). Net income: US$56.4m (up 43% from 2Q 2024). Profit margin: 36% (up from 29% in 2Q 2024). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 1.1%. Earnings per share (EPS) exceeded analyst estimates by 3.7%. Revenue is forecast to grow 7.7% p.a. on average during the next 2 years, compared to a 7.5% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has fallen by 3% per year whereas the company’s share price has fallen by 1% per year.お知らせ • Jul 24First Merchants Corporation Reports Net Charge Offs for the Second Quarter Ended June 30, 2025First Merchants Corporation reported net charge offs for the second quarter ended June 30, 2025. For the quarter, the company reported Net charge-offs of $2,315,000 against $39,644,000 a year ago.お知らせ • Jun 30First Merchants Corporation to Report Q2, 2025 Results on Jul 23, 2025First Merchants Corporation announced that they will report Q2, 2025 results on Jul 23, 2025分析記事 • May 22First Merchants (NASDAQ:FRME) Is Increasing Its Dividend To $0.36First Merchants Corporation ( NASDAQ:FRME ) will increase its dividend on the 20th of June to $0.36, which is 2.9...Declared Dividend • May 21First quarter dividend increased to US$0.36Dividend of US$0.36 is 2.9% higher than last year. Ex-date: 6th June 2025 Payment date: 20th June 2025 Dividend yield will be 3.7%, which is higher than the industry average of 3.2%. Sustainability & Growth The dividend has increased by an average of 16% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 6.7% over the next year, which should provide support to the dividend and adequate earnings cover.お知らせ • May 17First Merchants Corporation Declares Cash Dividend, Payable on June 20, 2025First Merchants Corporation declared a cash dividend on May 16, 2025 of $0.36 per share. The dividend is payable on June 20, 2025, to common shareholders of record as of June 6, 2025. For purposes of broker trading, the ex-date of the cash dividend is June 5, 2025.分析記事 • May 09First Merchants Corporation's (NASDAQ:FRME) CEO Compensation Looks Acceptable To Us And Here's WhyKey Insights First Merchants will host its Annual General Meeting on 16th of May Salary of US$762.5k is part of CEO...Price Target Changed • Apr 28Price target decreased by 8.4% to US$45.17Down from US$49.33, the current price target is an average from 6 analysts. New target price is 27% above last closing price of US$35.61. Stock is up 5.3% over the past year. The company is forecast to post earnings per share of US$3.80 for next year compared to US$3.42 last year.Reported Earnings • Apr 25First quarter 2025 earnings: EPS exceeds analyst expectations while revenues lag behindFirst quarter 2025 results: EPS: US$0.95 (up from US$0.80 in 1Q 2024). Revenue: US$156.1m (up 2.9% from 1Q 2024). Net income: US$54.9m (up 16% from 1Q 2024). Profit margin: 35% (up from 31% in 1Q 2024). The increase in margin was primarily driven by higher revenue. Revenue missed analyst estimates by 2.6%. Earnings per share (EPS) exceeded analyst estimates by 2.9%. Revenue is forecast to grow 9.2% p.a. on average during the next 2 years, compared to a 6.9% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has fallen by 4% per year whereas the company’s share price has fallen by 3% per year.お知らせ • Apr 25First Merchants Corporation Reports Net Charge-Offs Results for the First Quarter Ended March 31, 2025First Merchants Corporation reported net charge-offs results for the first quarter ended March 31, 2025. For the quarter, the company reported net charge-offs of $4,926,000 against $2,253,000 a year ago.お知らせ • Apr 03+ 1 more updateFirst Merchants Corporation, Annual General Meeting, May 16, 2025First Merchants Corporation, Annual General Meeting, May 16, 2025.お知らせ • Mar 20First Merchants Corporation (NasdaqGS:FRME) announces an Equity Buyback for 2,927,000 shares, representing 5% for $100 million.First Merchants Corporation (NasdaqGS:FRME) announces a share repurchase program. Under the program, the company will repurchase up to 2,927,000 shares, representing 5% of the company's outstanding shares for $100 million. The program has no expiration date.Upcoming Dividend • Feb 28Upcoming dividend of US$0.35 per shareEligible shareholders must have bought the stock before 07 March 2025. Payment date: 21 March 2025. Payout ratio is a comfortable 41% and this is well supported by cash flows. Trailing yield: 3.2%. Lower than top quartile of American dividend payers (4.5%). Higher than average of industry peers (2.6%).Declared Dividend • Feb 12Fourth quarter dividend of US$0.35 announcedShareholders will receive a dividend of US$0.35. Ex-date: 7th March 2025 Payment date: 21st March 2025 Dividend yield will be 3.2%, which is about the same as the industry average. Sustainability & Growth Dividend is well covered by earnings (41% payout ratio) and is expected to be well covered in 3 years' time (35% forecast payout ratio). The dividend has increased by an average of 21% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 19% over the next 2 years, which should provide support to the dividend and adequate earnings cover.お知らせ • Feb 08First Merchants Corporation Announces Cash Dividend, Payable on March 21, 2025First Merchants Corporation declared a cash dividend on February 7, 2025 of $0.35 per share. The dividend is payable on March 21, 2025, to common shareholders of record as of March 7, 2025. For purposes of broker trading, the ex-date of the cash dividend is March 6, 2025.Price Target Changed • Jan 31Price target increased by 7.8% to US$49.60Up from US$46.00, the current price target is an average from 5 analysts. New target price is 12% above last closing price of US$44.44. Stock is up 32% over the past year. The company is forecast to post earnings per share of US$3.88 for next year compared to US$3.42 last year.Reported Earnings • Jan 30Full year 2024 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2024 results: EPS: US$3.42 (down from US$3.74 in FY 2023). Revenue: US$611.0m (down 5.6% from FY 2023). Net income: US$199.5m (down 10% from FY 2023). Profit margin: 33% (down from 34% in FY 2023). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 2.3%. Earnings per share (EPS) exceeded analyst estimates by 4.4%. Revenue is forecast to grow 6.9% p.a. on average during the next 2 years, compared to a 7.3% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has fallen by 5% per year whereas the company’s share price has remained flat.Seeking Alpha • Jan 20First Merchants Corporation: Earnings To Grow Thanks To Deposit Repricing, Strong PipelinesSummary The margin will continue to expand because (i) deposits will re-price downwards, and (ii) proceeds from maturing securities will get rolled over into higher-yielding securities. Strong pipelines indicate that loan growth can remain healthy in the near term. I’m expecting the EPS to grow to $3.60 in 2025. I’m maintaining a buy rating due to a price upside of 7.6% and a dividend yield of 3.5%. Read the full article on Seeking Alphaお知らせ • Jan 09First Merchants Corporation to Report Q4, 2024 Results on Jan 30, 2025First Merchants Corporation announced that they will report Q4, 2024 results on Jan 30, 2025Recent Insider Transactions • Dec 18President recently sold US$317k worth of stockOn the 16th of December, Michael Stewart sold around 7k shares on-market at roughly US$43.73 per share. This transaction amounted to 6.8% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth US$1.1m. This was Michael's only on-market trade for the last 12 months.Recent Insider Transactions Derivative • Dec 05President notifies of intention to sell stockMichael Stewart intends to sell 7k shares in the next 90 days after lodging an Intent To Sell Form on the 5th of December. If the sale is conducted around the recent share price of US$43.54, it would amount to US$316k. Since December 2023, Michael's direct individual holding has increased from 95.83k shares to 107.15k. Company insiders have collectively sold US$2.1m more than they bought, via options and on-market transactions in the last 12 months.Upcoming Dividend • Dec 01Upcoming dividend of US$0.35 per shareEligible shareholders must have bought the stock before 06 December 2024. Payment date: 20 December 2024. Payout ratio is a comfortable 46% and this is well supported by cash flows. Trailing yield: 3.2%. Lower than top quartile of American dividend payers (4.2%). Higher than average of industry peers (2.5%).分析記事 • Nov 16First Merchants (NASDAQ:FRME) Is Paying Out A Dividend Of $0.35First Merchants Corporation ( NASDAQ:FRME ) has announced that it will pay a dividend of $0.35 per share on the 20th of...Declared Dividend • Nov 15Third quarter dividend of US$0.35 announcedShareholders will receive a dividend of US$0.35. Ex-date: 6th December 2024 Payment date: 20th December 2024 Dividend yield will be 3.2%, which is about the same as the industry average. Sustainability & Growth Dividend is well covered by earnings (46% payout ratio) and is expected to be well covered in 3 years' time (40% forecast payout ratio). The dividend has increased by an average of 21% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 17% over the next 2 years, which should provide support to the dividend and adequate earnings cover.お知らせ • Nov 13First Merchants Corporation Announces Cash Dividend, Payable on December 20, 2024First Merchants Corporation declared a cash dividend on November 12, 2024 of $0.35 per share. The dividend is payable on December 20, 2024, to shareholders of record as of December 6, 2024. For purposes of broker trading, the ex-date of the cash dividend is December 5, 2024.Recent Insider Transactions • Nov 11Director recently sold US$1.1m worth of stockOn the 8th of November, Patrick Fehring sold around 26k shares on-market at roughly US$43.01 per share. This transaction amounted to 18% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of US$1.9m more than they bought in the last 12 months.Recent Insider Transactions Derivative • Nov 08Director notifies of intention to sell stockPatrick Fehring intends to sell 26k shares in the next 90 days after lodging an Intent To Sell Form on the 7th of November. If the sale is conducted around the recent share price of US$43.02, it would amount to US$1.1m. Since December 2023, Patrick's direct individual holding has decreased from 152.57k shares to 144.60k. Company insiders have collectively sold US$960k more than they bought, via options and on-market transactions in the last 12 months.Valuation Update With 7 Day Price Move • Nov 07Investor sentiment improves as stock rises 15%After last week's 15% share price gain to US$42.70, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 13x in the Banks industry in the US. Total returns to shareholders of 11% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$72.92 per share.Reported Earnings • Oct 24Third quarter 2024 earnings: EPS and revenues miss analyst expectationsThird quarter 2024 results: EPS: US$0.84 (down from US$0.94 in 3Q 2023). Revenue: US$151.0m (down 5.2% from 3Q 2023). Net income: US$48.7m (down 13% from 3Q 2023). Profit margin: 32% (down from 35% in 3Q 2023). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 2.7%. Earnings per share (EPS) also missed analyst estimates by 7.0%. Revenue is forecast to grow 6.2% p.a. on average during the next 3 years, compared to a 6.6% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has fallen by 4% per year and the company’s share price has also fallen by 4% per year.お知らせ • Oct 03First Merchants Corporation to Report Q3, 2024 Results on Oct 24, 2024First Merchants Corporation announced that they will report Q3, 2024 results on Oct 24, 2024新しいナラティブ • Sep 24Tech Investments And Expansion Strategy Fuel Growth And Enhance Shareholder Value In Midwest Banking Sector Enhanced platforms for commercial clients and tech initiatives aim to improve operational efficiency and customer acquisition, boosting margins and revenue growth. Seeking Alpha • Sep 18First Merchants Corporation: Decent Return Potential With Earnings Likely To Recover Next YearSummary The regional economy appears to be conducive to loan growth. Interest rate cuts will most probably hurt the net interest margin. I’m expecting earnings to recover next year after falling in 2024. The December 2024 target price suggests a small upside. Further, FRME is offering a dividend yield of 3.8%. Read the full article on Seeking Alpha分析記事 • Aug 22First Merchants (NASDAQ:FRME) Is Paying Out A Dividend Of $0.35First Merchants Corporation ( NASDAQ:FRME ) has announced that it will pay a dividend of $0.35 per share on the 20th of...Declared Dividend • Aug 21Second quarter dividend of US$0.35 announcedShareholders will receive a dividend of US$0.35. Ex-date: 6th September 2024 Payment date: 20th September 2024 Dividend yield will be 3.8%, which is higher than the industry average of 3.2%. Sustainability & Growth The dividend has increased by an average of 21% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 8.9% over the next year, which should provide support to the dividend and adequate earnings cover.お知らせ • Aug 19First Merchants Corporation Declares Cash Dividend, Payable on September 20, 2024First Merchants Corporation declared a cash dividend on August 16, 2024 of $0.35 per share. The dividend is payable on September 20, 2024, to shareholders of record as of September 6, 2024. For purposes of broker trading, the ex-date of the cash dividend is September 5, 2024.Recent Insider Transactions Derivative • Aug 12CEO & Director notifies of intention to sell stockMark Hardwick intends to sell 12k shares in the next 90 days after lodging an Intent To Sell Form on the 9th of August. If the sale is conducted around the recent share price of US$35.56, it would amount to US$421k. For the year to December 2017, Mark's total compensation was 40% salary and 60% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since September 2023, Mark's direct individual holding has decreased from 123.70k shares to 122.23k. Company insiders have collectively sold US$960k more than they bought, via options and on-market transactions in the last 12 months.Price Target Changed • Jul 29Price target increased by 11% to US$45.80Up from US$41.20, the current price target is an average from 5 analysts. New target price is 11% above last closing price of US$41.35. Stock is up 29% over the past year. The company is forecast to post earnings per share of US$3.26 for next year compared to US$3.74 last year.Reported Earnings • Jul 26Second quarter 2024 earnings: Revenues exceed analysts expectations while EPS lags behindSecond quarter 2024 results: EPS: US$0.68 (down from US$1.02 in 2Q 2023). Revenue: US$135.4m (down 18% from 2Q 2023). Net income: US$39.5m (down 35% from 2Q 2023). Profit margin: 29% (down from 37% in 2Q 2023). The decrease in margin was driven by lower revenue. Revenue exceeded analyst estimates by 3.3%. Earnings per share (EPS) missed analyst estimates by 13%. Revenue is forecast to grow 7.0% p.a. on average during the next 2 years, compared to a 6.3% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has remained flat whereas the company’s share price has increased by 1% per year.Valuation Update With 7 Day Price Move • Jul 16Investor sentiment improves as stock rises 17%After last week's 17% share price gain to US$38.50, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 12x in the Banks industry in the US. Total returns to shareholders of 7.7% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$69.19 per share.お知らせ • Jul 04First Merchants Corporation to Report Q2, 2024 Results on Jul 25, 2024First Merchants Corporation announced that they will report Q2, 2024 results on Jul 25, 2024Seeking Alpha • Jun 21First Merchants Corporation: An Attractive Way To Play The Banking SectorSummary First Merchants Corporation is a regional bank with a long operating history and a market capitalization of $1.85 billion. The bank has shown growth in deposits and loans, with a focus on commercial and industrial loans. Despite recent downward pressure on revenue and profits, the institution is undervalued compared to similar firms and has strong asset quality, making it a "buy." Read the full article on Seeking AlphaRecent Insider Transactions Derivative • Jun 02Director notifies of intention to sell stockPatrick Fehring intends to sell 24k shares in the next 90 days after lodging an Intent To Sell Form on the 30th of May. If the sale is conducted around the recent share price of US$32.51, it would amount to US$778k. Since June 2023, Patrick's direct individual holding has decreased from 152.83k shares to 143.31k. Company insiders have collectively sold US$978k more than they bought, via options and on-market transactions in the last 12 months.Upcoming Dividend • May 31Upcoming dividend of US$0.35 per shareEligible shareholders must have bought the stock before 07 June 2024. Payment date: 21 June 2024. Payout ratio is a comfortable 39% and this is well supported by cash flows. Trailing yield: 4.3%. Lower than top quartile of American dividend payers (4.8%). Higher than average of industry peers (3.0%).Declared Dividend • May 12First quarter dividend increased to US$0.35Dividend of US$0.35 is 2.9% higher than last year. Ex-date: 7th June 2024 Payment date: 21st June 2024 Dividend yield will be 3.8%, which is higher than the industry average of 3.2%. Sustainability & Growth The dividend has increased by an average of 21% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to remain steady over the next year, which should provide adequate earnings cover for the dividend.お知らせ • May 10First Merchants Corporation and First Merchants Bank Announce Board and Committee ChangesFirst Merchants Corporation announced that Jean L. Wojtowicz has been appointed as First Merchants Corporation and First Merchants Bank Chair of the Board of Directors. Effective May 7, 2024, Wojtowicz succeeds Charles E. Schalliol, who retired after serving as Chair for the past seventeen years. Ms. Wojtowicz, founder and President of Cambridge Capital Management Corporation, is in her 20th year as a board member for First Merchants Corporation. Ms. Wojtowicz will also serve as Chair of the Compensation and Human Resources Committee and as a member of the Audit and Nominating and Governance Committees. In addition, Ms. Wojtowicz serves on several public, private, and governmental agency boards. During his leadership at First Merchants, Mr. Schalliol also served as the Chair of the Board’s Compensation and Human Resources Committee and Nominating and Governance Committee. Additionally, Michael C. Rechin, former First Merchants Corporation CEO, was appointed as Vice Chair of the Board of Directors effective May 7, 2024. Mr. Rechin, who joined First Merchants in 2005 as Executive Vice President and Chief Operating Officer, was promoted to CEO in 2007 and served until his retirement on December 31, 2020.お知らせ • May 09First Merchants Corporation Declares Cash Dividend, Payable on June 21, 2024First Merchants Corporation declared cash dividend of $0.35 per share. The cash dividend is payable on June 21, 2024 to stockholders of record as of June 7, 2024.Reported Earnings • Apr 25First quarter 2024 earnings released: EPS: US$0.80 (vs US$1.07 in 1Q 2023)First quarter 2024 results: EPS: US$0.80 (down from US$1.07 in 1Q 2023). Revenue: US$151.7m (down 10% from 1Q 2023). Net income: US$47.5m (down 25% from 1Q 2023). Profit margin: 31% (down from 38% in 1Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 5.3% p.a. on average during the next 2 years, compared to a 5.9% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings.お知らせ • Apr 05First Merchants Corporation to Report Q1, 2024 Results on Apr 25, 2024First Merchants Corporation announced that they will report Q1, 2024 results on Apr 25, 2024Reported Earnings • Mar 03Full year 2023 earnings: EPS misses analyst expectationsFull year 2023 results: EPS: US$3.74. Revenue: US$647.5m (up 5.9% from FY 2022). Net income: US$221.9m (flat on FY 2022). Profit margin: 34% (down from 36% in FY 2022). The decrease in margin was driven by higher expenses. Net interest margin (NIM): 3.35% (down from 3.41% in FY 2022). Non-performing loans: 0.43% (up from 0.35% in FY 2022). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 4.1%. Revenue is forecast to grow 3.3% p.a. on average during the next 2 years, compared to a 5.8% growth forecast for the Banks industry in the US.Upcoming Dividend • Feb 22Upcoming dividend of US$0.34 per shareEligible shareholders must have bought the stock before 29 February 2024. Payment date: 15 March 2024. Trailing yield: 4.0%. Lower than top quartile of American dividend payers (4.7%). Higher than average of industry peers (3.2%).Recent Insider Transactions • Feb 14Independent Director recently sold US$328k worth of stockOn the 13th of February, Patrick Fehring sold around 10k shares on-market at roughly US$33.08 per share. This transaction amounted to 6.5% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth US$371k. Insiders have been net sellers, collectively disposing of US$633k more than they bought in the last 12 months.Declared Dividend • Feb 11Fourth quarter dividend of US$0.34 announcedShareholders will receive a dividend of US$0.34. Ex-date: 29th February 2024 Payment date: 15th March 2024 Dividend yield will be 4.0%, which is higher than the industry average of 3.2%. Sustainability & Growth Dividend is well covered by earnings (36% payout ratio) and is expected to be well covered in 3 years' time (40% forecast payout ratio). The dividend has increased by an average of 27% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to decline by 6.2% over the next 2 years. However, it would need to fall by 60% to increase the payout ratio to a potentially unsustainable range.お知らせ • Feb 07First Merchants Corporation Declares Cash Dividend, Payable on March 15, 2024First Merchants Corporation declared a cash dividend on February 6, 2024 of $0.34 per share. The dividend is payable on March 15, 2024, to shareholders of record as of March 1, 2024. For purposes of broker trading, the ex-date of the cash dividend is February 29, 2024.Price Target Changed • Jan 29Price target increased by 7.6% to US$41.00Up from US$38.10, the current price target is an average from 5 analysts. New target price is 16% above last closing price of US$35.21. Stock is down 14% over the past year. The company is forecast to post earnings per share of US$3.39 for next year compared to US$3.74 last year.Reported Earnings • Jan 26Full year 2023 earnings: EPS misses analyst expectationsFull year 2023 results: EPS: US$3.74. Revenue: US$647.5m (up 5.9% from FY 2022). Net income: US$221.9m (flat on FY 2022). Profit margin: 34% (down from 36% in FY 2022). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 4.1%. Revenue is forecast to grow 4.0% p.a. on average during the next 2 years, compared to a 5.5% growth forecast for the Banks industry in the US.お知らせ • Jan 05First Merchants Corporation to Report Q4, 2023 Results on Jan 25, 2024First Merchants Corporation announced that they will report Q4, 2023 results on Jan 25, 2024Price Target Changed • Dec 27Price target increased by 9.5% to US$38.10Up from US$34.80, the current price target is an average from 5 analysts. New target price is approximately in line with last closing price of US$37.94. Stock is down 5.5% over the past year. The company is forecast to post earnings per share of US$3.88 for next year compared to US$3.83 last year.Recent Insider Transactions • Dec 22Advisor & Director recently sold US$371k worth of stockOn the 19th of December, Michael Rechin sold around 10k shares on-market at roughly US$37.05 per share. This transaction amounted to 9.9% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of US$306k more than they bought in the last 12 months.Recent Insider Transactions Derivative • Dec 17Advisor & Director notifies of intention to sell stockMichael Rechin intends to sell 10k shares in the next 90 days after lodging an Intent To Sell Form on the 14th of December. If the sale is conducted around the recent share price of US$37.54, it would amount to US$375k. Since December 2022, Michael's direct individual holding has decreased from 106.08k shares to 100.95k. Company insiders have collectively bought US$92k more than they sold, via options and on-market transactions, in the last 12 months.Upcoming Dividend • Nov 23Upcoming dividend of US$0.34 per share at 4.4% yieldEligible shareholders must have bought the stock before 30 November 2023. Payment date: 15 December 2023. Payout ratio is a comfortable 31% and this is well supported by cash flows. Trailing yield: 4.4%. Lower than top quartile of American dividend payers (5.0%). Higher than average of industry peers (3.6%).お知らせ • Nov 15First Merchants Corporation Declares Cash Dividend, Payable on December 15, 2023First Merchants Corporation declared a cash dividend on November 9, 2023 of $0.34 per share. The dividend is payable on December 15, 2023, to shareholders of record as of December 1, 2023. For purposes of broker trading, the ex-date of the cash dividend is November 30, 2023.Reported Earnings • Oct 27Third quarter 2023 earnings: Revenues and EPS in line with analyst expectationsThird quarter 2023 results: EPS: US$0.95 (down from US$1.07 in 3Q 2022). Revenue: US$159.2m (down 6.3% from 3Q 2022). Net income: US$55.9m (down 12% from 3Q 2022). Profit margin: 35% (down from 37% in 3Q 2022). The decrease in margin was driven by lower revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Revenue is forecast to grow 1.9% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.お知らせ • Oct 06First Merchants Corporation to Report Q3, 2023 Results on Oct 26, 2023First Merchants Corporation announced that they will report Q3, 2023 results on Oct 26, 2023分析記事 • Sep 24Here's Why We Think First Merchants (NASDAQ:FRME) Is Well Worth WatchingFor beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...Upcoming Dividend • Aug 24Upcoming dividend of US$0.34 per share at 4.6% yieldEligible shareholders must have bought the stock before 31 August 2023. Payment date: 15 September 2023. Payout ratio is a comfortable 30% and this is well supported by cash flows. Trailing yield: 4.6%. Lower than top quartile of American dividend payers (4.9%). Higher than average of industry peers (3.7%).お知らせ • Aug 10First Merchants Corporation Declares Cash Dividend, Payable on September 15, 2023First Merchants Corporation declared a cash dividend on August 9, 2023 of $0.34 per share. The dividend is payable on September 15, 2023, to shareholders of record as of September 1, 2023. For purposes of broker trading, the ex-date of the cash dividend is August 31, 2023.Reported Earnings • Jul 25Second quarter 2023 earnings: EPS in line with expectations, revenues disappointSecond quarter 2023 results: EPS: US$1.02 (up from US$0.65 in 2Q 2022). Revenue: US$164.2m (up 17% from 2Q 2022). Net income: US$60.4m (up 57% from 2Q 2022). Profit margin: 37% (up from 28% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 1.7%. Earnings per share (EPS) were mostly in line with analyst estimates. Revenue is forecast to grow 1.8% p.a. on average during the next 2 years, compared to a 4.4% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has increased by 13% per year whereas the company’s share price has increased by 8% per year.お知らせ • Jul 06First Merchants Corporation to Report Q2, 2023 Results on Jul 25, 2023First Merchants Corporation announced that they will report Q2, 2023 results on Jul 25, 2023分析記事 • May 31First Merchants' (NASDAQ:FRME) Upcoming Dividend Will Be Larger Than Last Year'sFirst Merchants Corporation's ( NASDAQ:FRME ) dividend will be increasing from last year's payment of the same period...Upcoming Dividend • May 25Upcoming dividend of US$0.34 per share at 4.9% yieldEligible shareholders must have bought the stock before 01 June 2023. Payment date: 16 June 2023. Payout ratio is a comfortable 32% and this is well supported by cash flows. Trailing yield: 4.9%. Lower than top quartile of American dividend payers (5.1%). Higher than average of industry peers (3.7%).収支内訳First Merchants の稼ぎ方とお金の使い方。LTMベースの直近の報告された収益に基づく。収益と収入の歴史NasdaqGS:FRME 収益、費用、利益 ( )USD Millions日付収益収益G+A経費研究開発費31 Mar 26638197362031 Dec 25642224333030 Sep 25650231329030 Jun 25639224326031 Mar 25615207323031 Dec 24611200327030 Sep 24593178333030 Jun 24601185333031 Mar 24630206335031 Dec 23648222333030 Sep 23666250322030 Jun 23676258321031 Mar 23652236317031 Dec 22611221310030 Sep 22565198282030 Jun 22529188265031 Mar 22524205251031 Dec 21520206247030 Sep 21518203247030 Jun 21492186241031 Mar 21454164232031 Dec 20433149233030 Sep 20429151226030 Jun 20433152229031 Mar 20442160227031 Dec 19441164218030 Sep 19425158211030 Jun 19419163198031 Mar 19413161194031 Dec 18408159192030 Sep 18399142197030 Jun 18385125196031 Mar 18363110188031 Dec 1733996180030 Sep 1731594161030 Jun 1729791152031 Mar 1729087150031 Dec 1628681152030 Sep 1627873153030 Jun 1627169151031 Mar 1626267152031 Dec 1525665147030 Sep 1525566146030 Jun 15253661440質の高い収益: FRMEは 高品質の収益 を持っています。利益率の向上: FRMEの現在の純利益率 (30.9%)は、昨年(33.6%)よりも低くなっています。フリー・キャッシュフローと収益の比較過去の収益成長分析収益動向: FRMEの収益は過去 5 年間で年間2%増加しました。成長の加速: FRMEは過去 1 年間の収益成長がマイナスであったため、5 年間の平均と比較することはできません。収益対業界: FRMEは過去 1 年間で収益成長率がマイナス ( -4.8% ) となったため、 Banks業界平均 ( 22.8% ) と比較することが困難です。株主資本利益率高いROE: FRMEの 自己資本利益率 ( 7.4% ) は 低い とみなされます。総資産利益率使用総資本利益率過去の好業績企業の発掘7D1Y7D1Y7D1YBanks 、過去の業績が好調な企業。View Financial Health企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/06/09 09:39終値2026/06/09 00:00収益2026/03/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋First Merchants Corporation 6 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。8 アナリスト機関Kevin ReeveyD.A. Davidson & Co.Brendan NosalHovde Group, LLCDamon DelMonteKeefe, Bruyette, & Woods5 その他のアナリストを表示
お知らせ • Apr 24First Merchants Corporation Reports Net Charge Offs for the First Quarter Ended March 31, 2026First Merchants Corporation reported net charge offs for the first quarter ended March 31, 2026. For the period, the company reported net charge-offs of $10,256,000 compared to $4,926,000 a year ago.
お知らせ • Apr 02First Merchants Corporation to Report Q1, 2026 Results on Apr 22, 2026First Merchants Corporation announced that they will report Q1, 2026 results on Apr 22, 2026
Reported Earnings • Feb 27Full year 2025 earnings: Revenues and EPS in line with analyst expectationsFull year 2025 results: EPS: US$3.90 (up from US$3.42 in FY 2024). Revenue: US$641.7m (up 5.0% from FY 2024). Net income: US$224.1m (up 12% from FY 2024). Profit margin: 35% (up from 33% in FY 2024). The increase in margin was driven by higher revenue. Net interest margin (NIM): 3.25% (up from 3.19% in FY 2024). Cost-to-income ratio: 54.5% (up from 53.6% in FY 2024). Non-performing loans: 0.52% (down from 0.57% in FY 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Revenue is forecast to grow 14% p.a. on average during the next 2 years, compared to a 9.1% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has fallen by 3% per year whereas the company’s share price has fallen by 1% per year.
Reported Earnings • Jan 27Full year 2025 earnings: Revenues and EPS in line with analyst expectationsFull year 2025 results: EPS: US$3.88 (up from US$3.42 in FY 2024). Revenue: US$641.7m (up 5.0% from FY 2024). Net income: US$224.1m (up 12% from FY 2024). Profit margin: 35% (up from 33% in FY 2024). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Revenue is forecast to grow 13% p.a. on average during the next 2 years, compared to a 8.9% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has fallen by 3% per year whereas the company’s share price has fallen by 4% per year.
お知らせ • Jan 27First Merchants Corporation Announces Net Charge Offs for the Quarter Ended December 31, 2025First Merchants Corporation announced net charge offs for the quarter ended December 31, 2025. For the quarter, the company reported net charge offs of $6,021,000 against $771,000 a year ago.
お知らせ • Jan 06First Merchants Corporation to Report Q4, 2025 Results on Jan 26, 2026First Merchants Corporation announced that they will report Q4, 2025 results on Jan 26, 2026
Declared Dividend • May 22First quarter dividend increased to US$0.37Dividend of US$0.37 is 2.8% higher than last year. Ex-date: 5th June 2026 Payment date: 19th June 2026 Dividend yield will be 3.6%, which is higher than the industry average of 3.2%. Sustainability & Growth The dividend has increased by an average of 13% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 18% over the next year, which should provide support to the dividend and adequate earnings cover.
ライブニュース • May 22First Merchants Q1 Earnings Beat as Acquisition and Loan Moves Reshape OutlookFirst Merchants reported Q1 2026 revenue of US$157.13 million, which was 2%–5.6% lower year over year and about 12.75% below analyst expectations. Adjusted EPS came in at US$1.03, about 9.6% higher year over year and roughly 6.6%–7.3% above estimates, supported by net interest margin expansion and fee income growth. The quarter included sizeable one-time items, including a US$29.8 million loss on reclassified mortgage loans and US$17 million of acquisition and integration costs related to the February 1 purchase of First Savings Financial Group, which added US$2.46 billion in assets and 127 banking centers. The earnings profile in Q1 appears heavily shaped by repositioning moves and acquisition accounting, so it may help to separate one-time charges from the underlying margin and fee trends when assessing the bank’s progress. Investors may want to watch how quickly integration costs taper off, whether deposit mix and loan growth targets hold up, and how effectively the company executes on its plan to fund higher-yielding commercial loans after selling lower-yield mortgages.
お知らせ • May 21+ 1 more updateFirst Merchants Corporation announces Quarterly dividend, payable on June 19, 2026First Merchants Corporation announced Quarterly dividend of USD 0.3700 per share payable on June 19, 2026, ex-date on June 05, 2026 and record date on June 05, 2026.
お知らせ • Apr 24First Merchants Corporation Reports Net Charge Offs for the First Quarter Ended March 31, 2026First Merchants Corporation reported net charge offs for the first quarter ended March 31, 2026. For the period, the company reported net charge-offs of $10,256,000 compared to $4,926,000 a year ago.
お知らせ • Apr 06First Merchants Corporation, Annual General Meeting, May 19, 2026First Merchants Corporation, Annual General Meeting, May 19, 2026.
お知らせ • Apr 02First Merchants Corporation to Report Q1, 2026 Results on Apr 22, 2026First Merchants Corporation announced that they will report Q1, 2026 results on Apr 22, 2026
Upcoming Dividend • Feb 28Upcoming dividend of US$0.36 per shareEligible shareholders must have bought the stock before 06 March 2026. Payment date: 06 March 2026. Payout ratio is a comfortable 37% and this is well supported by cash flows. Trailing yield: 3.7%. Lower than top quartile of American dividend payers (4.2%). Higher than average of industry peers (2.4%).
Reported Earnings • Feb 27Full year 2025 earnings: Revenues and EPS in line with analyst expectationsFull year 2025 results: EPS: US$3.90 (up from US$3.42 in FY 2024). Revenue: US$641.7m (up 5.0% from FY 2024). Net income: US$224.1m (up 12% from FY 2024). Profit margin: 35% (up from 33% in FY 2024). The increase in margin was driven by higher revenue. Net interest margin (NIM): 3.25% (up from 3.19% in FY 2024). Cost-to-income ratio: 54.5% (up from 53.6% in FY 2024). Non-performing loans: 0.52% (down from 0.57% in FY 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Revenue is forecast to grow 14% p.a. on average during the next 2 years, compared to a 9.1% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has fallen by 3% per year whereas the company’s share price has fallen by 1% per year.
Declared Dividend • Feb 13Fourth quarter dividend of US$0.36 announcedShareholders will receive a dividend of US$0.36. Ex-date: 6th March 2026 Payment date: 6th March 2026 Dividend yield will be 3.4%, which is higher than the industry average of 3.2%. Sustainability & Growth Dividend is well covered by earnings (37% payout ratio) and is expected to be well covered in 3 years' time (33% forecast payout ratio). The dividend has increased by an average of 16% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 16% over the next 2 years, which should provide support to the dividend and adequate earnings cover.
お知らせ • Feb 11First Merchants Corporation Declares Cash Dividend, Payable on March 20, 2026On February 10, 2026, First Merchants Corporation issued a press release announcing the declaration of a cash dividend of $0.36 per common share. The cash dividend is payable on March 20, 2026 to common stockholders of record as of March 6, 2026.
お知らせ • Feb 10First Merchants Corporation and First Merchants Bank Announces Appointment of Larry Myers to Board of DirectorsFirst Merchants Corporation announced that Larry Myers has been appointed to the Boards of Directors of First Merchants Corporation and First Merchants Bank. Myers recently announced plans to transition from his role as President and Chief Executive Officer of First Savings Bank and First Savings Financial Group Inc., positions he has held for nearly 20 years. During Myers’ tenure at First Savings, he served as Chairman of the Indiana Bankers Association and on the board of the American Bankers Association. He earned both his Bachelor of Science and MBA from the University of Kentucky and joined the Federal Home Loan Bank Board of Directors in 2018. Myers’ career includes decades of experience in community banking, credit management, and regional economic development. The Board of Directors of First Merchants Corporation increased the size of its Board of Directors from twelve to thirteen members with the additional vacancy added in Class III.
お知らせ • Feb 03First Merchants Corporation (NasdaqGS:FRME) completed the acquisition of First Savings Financial Group, Inc. (NasdaqCM:FSFG).First Merchants Corporation (NasdaqGS:FRME) entered into a definitive merger agreement to acquire First Savings Financial Group, Inc. (NasdaqCM:FSFG) for approximately $230 million on September 24, 2025. The all-stock transaction is currently valued at approximately $241.3 million. The merger agreement provides that the common shareholders of First Savings will have the right to receive 0.85 of a share of First Merchants common stock. First Merchants expects to appoint Larry W. Myers, President and Chief Executive Officer and a Director of First Savings, to its Board of Directors in connection with the merger. First Merchants anticipates earnings per share accretion of approximately 11% in 2027 and a tangible book value earnback period of 3.0 years. Sell side termination fee is $10 million. The transaction is subject to First Savings’ shareholder approval, regulatory approvals, effectiveness of a Form S-4 registration statement, authorization for listing on the Nasdaq Global Select Market of the shares of First Merchants common stock, court approval and other customary conditions. First Merchants’ shareholder approval is not required. The Boards of Directors of both First Merchants and First Savings have approved the Merger Agreement. All regulatory and approval from the holders of First Savings Common Stock shall has been received as of October 17, 2025. The transaction is expected to close in the first quarter of 2026. On January 15, 2026, First Merchants Corporation received the non-objection of the Federal Reserve Bank of Chicago in connection with the Company’s request for a waiver of application related to its pending merger with First Savings Financial Group, Inc. First Merchants and First Savings anticipate that the Merger will become effective as of February 1, 2026, subject to satisfaction of certain customary closing conditions contained in the Merger Agreement. Stephens Inc. is serving as financial advisor to First Merchants, and Jeremy E. Hill of Dentons is serving as legal advisor. Piper Sandler & Co. is serving as financial advisor, fairness opinion provider to First Savings and will receive a fee of 1.625% of the aggregate purchase price, of which $0.4 million for opinion rendered. Victor L. Cangelosi and Thomas P. Hutton of Luse Gorman, PC is serving as legal advisor. First Merchants Corporation (NasdaqGS:FRME) completed the acquisition of First Savings Financial Group, Inc. (NasdaqCM:FSFG) on February 1, 2026.
Reported Earnings • Jan 27Full year 2025 earnings: Revenues and EPS in line with analyst expectationsFull year 2025 results: EPS: US$3.88 (up from US$3.42 in FY 2024). Revenue: US$641.7m (up 5.0% from FY 2024). Net income: US$224.1m (up 12% from FY 2024). Profit margin: 35% (up from 33% in FY 2024). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Revenue is forecast to grow 13% p.a. on average during the next 2 years, compared to a 8.9% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has fallen by 3% per year whereas the company’s share price has fallen by 4% per year.
お知らせ • Jan 27First Merchants Corporation Announces Net Charge Offs for the Quarter Ended December 31, 2025First Merchants Corporation announced net charge offs for the quarter ended December 31, 2025. For the quarter, the company reported net charge offs of $6,021,000 against $771,000 a year ago.
お知らせ • Jan 06First Merchants Corporation to Report Q4, 2025 Results on Jan 26, 2026First Merchants Corporation announced that they will report Q4, 2025 results on Jan 26, 2026
Declared Dividend • Nov 20Third quarter dividend of US$0.36 announcedShareholders will receive a dividend of US$0.36. Ex-date: 5th December 2025 Payment date: 19th December 2025 Dividend yield will be 4.0%, which is higher than the industry average of 3.2%. Sustainability & Growth Dividend is well covered by earnings (35% payout ratio) and is expected to be well covered in 3 years' time (34% forecast payout ratio). The dividend has increased by an average of 16% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 12% over the next 2 years, which should provide support to the dividend and adequate earnings cover.
お知らせ • Nov 17First Merchants Corporation Announces the Retirement of Patrick Fehring from the Board of Directors Effective November 14, 2025On November 14, 2025, First Merchants Corporation (the “Corporation”) announced the retirement of Patrick Fehring from the Board of Directors effective immediately. Mr. Fehring has served on the Board since 2022 and was a member of the Risk and Credit Policy Committee. The retirement of Mr. Fehring is not the result of any disagreement with the Corporation on any matter relating to the Corporation’s operations, policies, or practices. Also, on November 14, 2025, the Corporation decreased the size of its Board from thirteen (13) members to twelve (12) members. The Corporation had thirteen (13) members immediately prior to the decrease.
お知らせ • Nov 15First Merchants Corporation Announces Cash Dividend, Payable on December 19, 2025First Merchants Corporation declared a cash dividend on November 14, 2025 of $0.36 per common share. The dividend is payable on December 19, 2025, to common shareholders of record as of December 5, 2025.
Seeking Alpha • Nov 08First Merchants: I Prefer The Common Over The Preferred StockSummary First Merchants delivers solid earnings growth, with net interest income rising and a well-covered 4% dividend yield. FRME's common shares offer a compelling risk/reward profile, trading at under 10x earnings and below 1.5x tangible book value. The preferred stock appears less attractive due to a 5% premium over the call price and potential call risk, despite strong dividend coverage. I rate FRME common stock a buy based on robust book value growth, low payout ratio, and attractive valuation metrics. Read the full article on Seeking Alpha
お知らせ • Oct 24First Merchants Corporation Reports Net Charge-Offs for the Third Quarter Ended September 30, 2025First Merchants Corporation reported Net Charge-offs for the third quarter ended September 30, 2025. For the quarter, the company reported Net Charge-offs of $5,148,000 against $6,709,000 a year ago.
Reported Earnings • Oct 23Third quarter 2025 earnings: EPS exceeds analyst expectationsThird quarter 2025 results: EPS: US$0.98 (up from US$0.84 in 3Q 2024). Revenue: US$161.8m (up 7.2% from 3Q 2024). Net income: US$56.3m (up 16% from 3Q 2024). Profit margin: 35% (up from 32% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 1.9%. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 8.0% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has fallen by 3% per year whereas the company’s share price has fallen by 6% per year.
お知らせ • Oct 02First Merchants Corporation to Report Q3, 2025 Results on Oct 22, 2025First Merchants Corporation announced that they will report Q3, 2025 results on Oct 22, 2025
お知らせ • Sep 26First Merchants Corporation Appoints Larry W. Myers to Its Board of DirectorsFirst Merchants Corporation and First Savings Financial Group Inc. announced they have entered into a definitive merger agreement pursuant to which First Savings will merge with and into First Merchants in an all-stock transaction currently valued at approximately $241.3 million. Immediately following the merger, First Savings Bank will merge with and into First Merchants Bank. First Merchants expects to appoint Larry W. Myers, President and Chief Executive Officer and a Director of First Savings, to its Board of Directors in connection with the merger.
お知らせ • Sep 25First Merchants Corporation (NasdaqGS:FRME) entered into a definitive merger agreement to acquire First Savings Financial Group, Inc. (NasdaqCM:FSFG) for approximately $230 million.First Merchants Corporation (NasdaqGS:FRME) entered into a definitive merger agreement to acquire First Savings Financial Group, Inc. (NasdaqCM:FSFG) for approximately $230 million on September 24, 2025. The all-stock transaction is currently valued at approximately $241.3 million. The merger agreement provides that the common shareholders of First Savings will have the right to receive 0.85 of a share of First Merchants common stock. First Merchants expects to appoint Larry W. Myers, President and Chief Executive Officer and a Director of First Savings, to its Board of Directors in connection with the merger. First Merchants anticipates earnings per share accretion of approximately 11% in 2027 and a tangible book value earnback period of 3.0 years. Sell side termination fee is $10 million. The transaction is subject to First Savings’ shareholder approval, regulatory approvals, effectiveness of a Form S-4 registration statement, authorization for listing on the Nasdaq Global Select Market of the shares of First Merchants common stock and other customary conditions. First Merchants’ shareholder approval is not required. The Boards of Directors of both First Merchants and First Savings have approved the Merger Agreement. The transaction is expected to close in the first quarter of 2026. Stephens Inc. is serving as financial advisor to First Merchants, and Jeremy E. Hill of Dentons is serving as legal advisor. Piper Sandler & Co. is serving as financial advisor and fairness opinion provider to First Savings and Victor L. Cangelosi and Thomas P. Hutton of Luse Gorman, PC is serving as legal advisor.
Declared Dividend • Aug 20Second quarter dividend of US$0.36 announcedShareholders will receive a dividend of US$0.36. Ex-date: 5th September 2025 Payment date: 19th September 2025 Dividend yield will be 3.6%, which is higher than the industry average of 3.2%. Sustainability & Growth The dividend has increased by an average of 16% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 1.0% over the next year, which should provide support to the dividend and adequate earnings cover.
お知らせ • Aug 16First Merchants Corporation Announces Cash Dividend on Common Shares, Payable on September 19, 2025First Merchants Corporation declared a cash dividend on August 15, 2025 of $0.36 per common share. The dividend is payable on September 19, 2025, to common shareholders of record as of September 5, 2025.
New Risk • Jul 30New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 0.01% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. This is currently the only risk that has been identified for the company.
Reported Earnings • Jul 24Second quarter 2025 earnings: EPS exceeds analyst expectations while revenues lag behindSecond quarter 2025 results: EPS: US$0.98 (up from US$0.68 in 2Q 2024). Revenue: US$158.7m (up 17% from 2Q 2024). Net income: US$56.4m (up 43% from 2Q 2024). Profit margin: 36% (up from 29% in 2Q 2024). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 1.1%. Earnings per share (EPS) exceeded analyst estimates by 3.7%. Revenue is forecast to grow 7.7% p.a. on average during the next 2 years, compared to a 7.5% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has fallen by 3% per year whereas the company’s share price has fallen by 1% per year.
お知らせ • Jul 24First Merchants Corporation Reports Net Charge Offs for the Second Quarter Ended June 30, 2025First Merchants Corporation reported net charge offs for the second quarter ended June 30, 2025. For the quarter, the company reported Net charge-offs of $2,315,000 against $39,644,000 a year ago.
お知らせ • Jun 30First Merchants Corporation to Report Q2, 2025 Results on Jul 23, 2025First Merchants Corporation announced that they will report Q2, 2025 results on Jul 23, 2025
分析記事 • May 22First Merchants (NASDAQ:FRME) Is Increasing Its Dividend To $0.36First Merchants Corporation ( NASDAQ:FRME ) will increase its dividend on the 20th of June to $0.36, which is 2.9...
Declared Dividend • May 21First quarter dividend increased to US$0.36Dividend of US$0.36 is 2.9% higher than last year. Ex-date: 6th June 2025 Payment date: 20th June 2025 Dividend yield will be 3.7%, which is higher than the industry average of 3.2%. Sustainability & Growth The dividend has increased by an average of 16% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 6.7% over the next year, which should provide support to the dividend and adequate earnings cover.
お知らせ • May 17First Merchants Corporation Declares Cash Dividend, Payable on June 20, 2025First Merchants Corporation declared a cash dividend on May 16, 2025 of $0.36 per share. The dividend is payable on June 20, 2025, to common shareholders of record as of June 6, 2025. For purposes of broker trading, the ex-date of the cash dividend is June 5, 2025.
分析記事 • May 09First Merchants Corporation's (NASDAQ:FRME) CEO Compensation Looks Acceptable To Us And Here's WhyKey Insights First Merchants will host its Annual General Meeting on 16th of May Salary of US$762.5k is part of CEO...
Price Target Changed • Apr 28Price target decreased by 8.4% to US$45.17Down from US$49.33, the current price target is an average from 6 analysts. New target price is 27% above last closing price of US$35.61. Stock is up 5.3% over the past year. The company is forecast to post earnings per share of US$3.80 for next year compared to US$3.42 last year.
Reported Earnings • Apr 25First quarter 2025 earnings: EPS exceeds analyst expectations while revenues lag behindFirst quarter 2025 results: EPS: US$0.95 (up from US$0.80 in 1Q 2024). Revenue: US$156.1m (up 2.9% from 1Q 2024). Net income: US$54.9m (up 16% from 1Q 2024). Profit margin: 35% (up from 31% in 1Q 2024). The increase in margin was primarily driven by higher revenue. Revenue missed analyst estimates by 2.6%. Earnings per share (EPS) exceeded analyst estimates by 2.9%. Revenue is forecast to grow 9.2% p.a. on average during the next 2 years, compared to a 6.9% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has fallen by 4% per year whereas the company’s share price has fallen by 3% per year.
お知らせ • Apr 25First Merchants Corporation Reports Net Charge-Offs Results for the First Quarter Ended March 31, 2025First Merchants Corporation reported net charge-offs results for the first quarter ended March 31, 2025. For the quarter, the company reported net charge-offs of $4,926,000 against $2,253,000 a year ago.
お知らせ • Apr 03+ 1 more updateFirst Merchants Corporation, Annual General Meeting, May 16, 2025First Merchants Corporation, Annual General Meeting, May 16, 2025.
お知らせ • Mar 20First Merchants Corporation (NasdaqGS:FRME) announces an Equity Buyback for 2,927,000 shares, representing 5% for $100 million.First Merchants Corporation (NasdaqGS:FRME) announces a share repurchase program. Under the program, the company will repurchase up to 2,927,000 shares, representing 5% of the company's outstanding shares for $100 million. The program has no expiration date.
Upcoming Dividend • Feb 28Upcoming dividend of US$0.35 per shareEligible shareholders must have bought the stock before 07 March 2025. Payment date: 21 March 2025. Payout ratio is a comfortable 41% and this is well supported by cash flows. Trailing yield: 3.2%. Lower than top quartile of American dividend payers (4.5%). Higher than average of industry peers (2.6%).
Declared Dividend • Feb 12Fourth quarter dividend of US$0.35 announcedShareholders will receive a dividend of US$0.35. Ex-date: 7th March 2025 Payment date: 21st March 2025 Dividend yield will be 3.2%, which is about the same as the industry average. Sustainability & Growth Dividend is well covered by earnings (41% payout ratio) and is expected to be well covered in 3 years' time (35% forecast payout ratio). The dividend has increased by an average of 21% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 19% over the next 2 years, which should provide support to the dividend and adequate earnings cover.
お知らせ • Feb 08First Merchants Corporation Announces Cash Dividend, Payable on March 21, 2025First Merchants Corporation declared a cash dividend on February 7, 2025 of $0.35 per share. The dividend is payable on March 21, 2025, to common shareholders of record as of March 7, 2025. For purposes of broker trading, the ex-date of the cash dividend is March 6, 2025.
Price Target Changed • Jan 31Price target increased by 7.8% to US$49.60Up from US$46.00, the current price target is an average from 5 analysts. New target price is 12% above last closing price of US$44.44. Stock is up 32% over the past year. The company is forecast to post earnings per share of US$3.88 for next year compared to US$3.42 last year.
Reported Earnings • Jan 30Full year 2024 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2024 results: EPS: US$3.42 (down from US$3.74 in FY 2023). Revenue: US$611.0m (down 5.6% from FY 2023). Net income: US$199.5m (down 10% from FY 2023). Profit margin: 33% (down from 34% in FY 2023). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 2.3%. Earnings per share (EPS) exceeded analyst estimates by 4.4%. Revenue is forecast to grow 6.9% p.a. on average during the next 2 years, compared to a 7.3% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has fallen by 5% per year whereas the company’s share price has remained flat.
Seeking Alpha • Jan 20First Merchants Corporation: Earnings To Grow Thanks To Deposit Repricing, Strong PipelinesSummary The margin will continue to expand because (i) deposits will re-price downwards, and (ii) proceeds from maturing securities will get rolled over into higher-yielding securities. Strong pipelines indicate that loan growth can remain healthy in the near term. I’m expecting the EPS to grow to $3.60 in 2025. I’m maintaining a buy rating due to a price upside of 7.6% and a dividend yield of 3.5%. Read the full article on Seeking Alpha
お知らせ • Jan 09First Merchants Corporation to Report Q4, 2024 Results on Jan 30, 2025First Merchants Corporation announced that they will report Q4, 2024 results on Jan 30, 2025
Recent Insider Transactions • Dec 18President recently sold US$317k worth of stockOn the 16th of December, Michael Stewart sold around 7k shares on-market at roughly US$43.73 per share. This transaction amounted to 6.8% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth US$1.1m. This was Michael's only on-market trade for the last 12 months.
Recent Insider Transactions Derivative • Dec 05President notifies of intention to sell stockMichael Stewart intends to sell 7k shares in the next 90 days after lodging an Intent To Sell Form on the 5th of December. If the sale is conducted around the recent share price of US$43.54, it would amount to US$316k. Since December 2023, Michael's direct individual holding has increased from 95.83k shares to 107.15k. Company insiders have collectively sold US$2.1m more than they bought, via options and on-market transactions in the last 12 months.
Upcoming Dividend • Dec 01Upcoming dividend of US$0.35 per shareEligible shareholders must have bought the stock before 06 December 2024. Payment date: 20 December 2024. Payout ratio is a comfortable 46% and this is well supported by cash flows. Trailing yield: 3.2%. Lower than top quartile of American dividend payers (4.2%). Higher than average of industry peers (2.5%).
分析記事 • Nov 16First Merchants (NASDAQ:FRME) Is Paying Out A Dividend Of $0.35First Merchants Corporation ( NASDAQ:FRME ) has announced that it will pay a dividend of $0.35 per share on the 20th of...
Declared Dividend • Nov 15Third quarter dividend of US$0.35 announcedShareholders will receive a dividend of US$0.35. Ex-date: 6th December 2024 Payment date: 20th December 2024 Dividend yield will be 3.2%, which is about the same as the industry average. Sustainability & Growth Dividend is well covered by earnings (46% payout ratio) and is expected to be well covered in 3 years' time (40% forecast payout ratio). The dividend has increased by an average of 21% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 17% over the next 2 years, which should provide support to the dividend and adequate earnings cover.
お知らせ • Nov 13First Merchants Corporation Announces Cash Dividend, Payable on December 20, 2024First Merchants Corporation declared a cash dividend on November 12, 2024 of $0.35 per share. The dividend is payable on December 20, 2024, to shareholders of record as of December 6, 2024. For purposes of broker trading, the ex-date of the cash dividend is December 5, 2024.
Recent Insider Transactions • Nov 11Director recently sold US$1.1m worth of stockOn the 8th of November, Patrick Fehring sold around 26k shares on-market at roughly US$43.01 per share. This transaction amounted to 18% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of US$1.9m more than they bought in the last 12 months.
Recent Insider Transactions Derivative • Nov 08Director notifies of intention to sell stockPatrick Fehring intends to sell 26k shares in the next 90 days after lodging an Intent To Sell Form on the 7th of November. If the sale is conducted around the recent share price of US$43.02, it would amount to US$1.1m. Since December 2023, Patrick's direct individual holding has decreased from 152.57k shares to 144.60k. Company insiders have collectively sold US$960k more than they bought, via options and on-market transactions in the last 12 months.
Valuation Update With 7 Day Price Move • Nov 07Investor sentiment improves as stock rises 15%After last week's 15% share price gain to US$42.70, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 13x in the Banks industry in the US. Total returns to shareholders of 11% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$72.92 per share.
Reported Earnings • Oct 24Third quarter 2024 earnings: EPS and revenues miss analyst expectationsThird quarter 2024 results: EPS: US$0.84 (down from US$0.94 in 3Q 2023). Revenue: US$151.0m (down 5.2% from 3Q 2023). Net income: US$48.7m (down 13% from 3Q 2023). Profit margin: 32% (down from 35% in 3Q 2023). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 2.7%. Earnings per share (EPS) also missed analyst estimates by 7.0%. Revenue is forecast to grow 6.2% p.a. on average during the next 3 years, compared to a 6.6% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has fallen by 4% per year and the company’s share price has also fallen by 4% per year.
お知らせ • Oct 03First Merchants Corporation to Report Q3, 2024 Results on Oct 24, 2024First Merchants Corporation announced that they will report Q3, 2024 results on Oct 24, 2024
新しいナラティブ • Sep 24Tech Investments And Expansion Strategy Fuel Growth And Enhance Shareholder Value In Midwest Banking Sector Enhanced platforms for commercial clients and tech initiatives aim to improve operational efficiency and customer acquisition, boosting margins and revenue growth.
Seeking Alpha • Sep 18First Merchants Corporation: Decent Return Potential With Earnings Likely To Recover Next YearSummary The regional economy appears to be conducive to loan growth. Interest rate cuts will most probably hurt the net interest margin. I’m expecting earnings to recover next year after falling in 2024. The December 2024 target price suggests a small upside. Further, FRME is offering a dividend yield of 3.8%. Read the full article on Seeking Alpha
分析記事 • Aug 22First Merchants (NASDAQ:FRME) Is Paying Out A Dividend Of $0.35First Merchants Corporation ( NASDAQ:FRME ) has announced that it will pay a dividend of $0.35 per share on the 20th of...
Declared Dividend • Aug 21Second quarter dividend of US$0.35 announcedShareholders will receive a dividend of US$0.35. Ex-date: 6th September 2024 Payment date: 20th September 2024 Dividend yield will be 3.8%, which is higher than the industry average of 3.2%. Sustainability & Growth The dividend has increased by an average of 21% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 8.9% over the next year, which should provide support to the dividend and adequate earnings cover.
お知らせ • Aug 19First Merchants Corporation Declares Cash Dividend, Payable on September 20, 2024First Merchants Corporation declared a cash dividend on August 16, 2024 of $0.35 per share. The dividend is payable on September 20, 2024, to shareholders of record as of September 6, 2024. For purposes of broker trading, the ex-date of the cash dividend is September 5, 2024.
Recent Insider Transactions Derivative • Aug 12CEO & Director notifies of intention to sell stockMark Hardwick intends to sell 12k shares in the next 90 days after lodging an Intent To Sell Form on the 9th of August. If the sale is conducted around the recent share price of US$35.56, it would amount to US$421k. For the year to December 2017, Mark's total compensation was 40% salary and 60% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since September 2023, Mark's direct individual holding has decreased from 123.70k shares to 122.23k. Company insiders have collectively sold US$960k more than they bought, via options and on-market transactions in the last 12 months.
Price Target Changed • Jul 29Price target increased by 11% to US$45.80Up from US$41.20, the current price target is an average from 5 analysts. New target price is 11% above last closing price of US$41.35. Stock is up 29% over the past year. The company is forecast to post earnings per share of US$3.26 for next year compared to US$3.74 last year.
Reported Earnings • Jul 26Second quarter 2024 earnings: Revenues exceed analysts expectations while EPS lags behindSecond quarter 2024 results: EPS: US$0.68 (down from US$1.02 in 2Q 2023). Revenue: US$135.4m (down 18% from 2Q 2023). Net income: US$39.5m (down 35% from 2Q 2023). Profit margin: 29% (down from 37% in 2Q 2023). The decrease in margin was driven by lower revenue. Revenue exceeded analyst estimates by 3.3%. Earnings per share (EPS) missed analyst estimates by 13%. Revenue is forecast to grow 7.0% p.a. on average during the next 2 years, compared to a 6.3% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has remained flat whereas the company’s share price has increased by 1% per year.
Valuation Update With 7 Day Price Move • Jul 16Investor sentiment improves as stock rises 17%After last week's 17% share price gain to US$38.50, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 12x in the Banks industry in the US. Total returns to shareholders of 7.7% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$69.19 per share.
お知らせ • Jul 04First Merchants Corporation to Report Q2, 2024 Results on Jul 25, 2024First Merchants Corporation announced that they will report Q2, 2024 results on Jul 25, 2024
Seeking Alpha • Jun 21First Merchants Corporation: An Attractive Way To Play The Banking SectorSummary First Merchants Corporation is a regional bank with a long operating history and a market capitalization of $1.85 billion. The bank has shown growth in deposits and loans, with a focus on commercial and industrial loans. Despite recent downward pressure on revenue and profits, the institution is undervalued compared to similar firms and has strong asset quality, making it a "buy." Read the full article on Seeking Alpha
Recent Insider Transactions Derivative • Jun 02Director notifies of intention to sell stockPatrick Fehring intends to sell 24k shares in the next 90 days after lodging an Intent To Sell Form on the 30th of May. If the sale is conducted around the recent share price of US$32.51, it would amount to US$778k. Since June 2023, Patrick's direct individual holding has decreased from 152.83k shares to 143.31k. Company insiders have collectively sold US$978k more than they bought, via options and on-market transactions in the last 12 months.
Upcoming Dividend • May 31Upcoming dividend of US$0.35 per shareEligible shareholders must have bought the stock before 07 June 2024. Payment date: 21 June 2024. Payout ratio is a comfortable 39% and this is well supported by cash flows. Trailing yield: 4.3%. Lower than top quartile of American dividend payers (4.8%). Higher than average of industry peers (3.0%).
Declared Dividend • May 12First quarter dividend increased to US$0.35Dividend of US$0.35 is 2.9% higher than last year. Ex-date: 7th June 2024 Payment date: 21st June 2024 Dividend yield will be 3.8%, which is higher than the industry average of 3.2%. Sustainability & Growth The dividend has increased by an average of 21% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to remain steady over the next year, which should provide adequate earnings cover for the dividend.
お知らせ • May 10First Merchants Corporation and First Merchants Bank Announce Board and Committee ChangesFirst Merchants Corporation announced that Jean L. Wojtowicz has been appointed as First Merchants Corporation and First Merchants Bank Chair of the Board of Directors. Effective May 7, 2024, Wojtowicz succeeds Charles E. Schalliol, who retired after serving as Chair for the past seventeen years. Ms. Wojtowicz, founder and President of Cambridge Capital Management Corporation, is in her 20th year as a board member for First Merchants Corporation. Ms. Wojtowicz will also serve as Chair of the Compensation and Human Resources Committee and as a member of the Audit and Nominating and Governance Committees. In addition, Ms. Wojtowicz serves on several public, private, and governmental agency boards. During his leadership at First Merchants, Mr. Schalliol also served as the Chair of the Board’s Compensation and Human Resources Committee and Nominating and Governance Committee. Additionally, Michael C. Rechin, former First Merchants Corporation CEO, was appointed as Vice Chair of the Board of Directors effective May 7, 2024. Mr. Rechin, who joined First Merchants in 2005 as Executive Vice President and Chief Operating Officer, was promoted to CEO in 2007 and served until his retirement on December 31, 2020.
お知らせ • May 09First Merchants Corporation Declares Cash Dividend, Payable on June 21, 2024First Merchants Corporation declared cash dividend of $0.35 per share. The cash dividend is payable on June 21, 2024 to stockholders of record as of June 7, 2024.
Reported Earnings • Apr 25First quarter 2024 earnings released: EPS: US$0.80 (vs US$1.07 in 1Q 2023)First quarter 2024 results: EPS: US$0.80 (down from US$1.07 in 1Q 2023). Revenue: US$151.7m (down 10% from 1Q 2023). Net income: US$47.5m (down 25% from 1Q 2023). Profit margin: 31% (down from 38% in 1Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 5.3% p.a. on average during the next 2 years, compared to a 5.9% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings.
お知らせ • Apr 05First Merchants Corporation to Report Q1, 2024 Results on Apr 25, 2024First Merchants Corporation announced that they will report Q1, 2024 results on Apr 25, 2024
Reported Earnings • Mar 03Full year 2023 earnings: EPS misses analyst expectationsFull year 2023 results: EPS: US$3.74. Revenue: US$647.5m (up 5.9% from FY 2022). Net income: US$221.9m (flat on FY 2022). Profit margin: 34% (down from 36% in FY 2022). The decrease in margin was driven by higher expenses. Net interest margin (NIM): 3.35% (down from 3.41% in FY 2022). Non-performing loans: 0.43% (up from 0.35% in FY 2022). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 4.1%. Revenue is forecast to grow 3.3% p.a. on average during the next 2 years, compared to a 5.8% growth forecast for the Banks industry in the US.
Upcoming Dividend • Feb 22Upcoming dividend of US$0.34 per shareEligible shareholders must have bought the stock before 29 February 2024. Payment date: 15 March 2024. Trailing yield: 4.0%. Lower than top quartile of American dividend payers (4.7%). Higher than average of industry peers (3.2%).
Recent Insider Transactions • Feb 14Independent Director recently sold US$328k worth of stockOn the 13th of February, Patrick Fehring sold around 10k shares on-market at roughly US$33.08 per share. This transaction amounted to 6.5% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth US$371k. Insiders have been net sellers, collectively disposing of US$633k more than they bought in the last 12 months.
Declared Dividend • Feb 11Fourth quarter dividend of US$0.34 announcedShareholders will receive a dividend of US$0.34. Ex-date: 29th February 2024 Payment date: 15th March 2024 Dividend yield will be 4.0%, which is higher than the industry average of 3.2%. Sustainability & Growth Dividend is well covered by earnings (36% payout ratio) and is expected to be well covered in 3 years' time (40% forecast payout ratio). The dividend has increased by an average of 27% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to decline by 6.2% over the next 2 years. However, it would need to fall by 60% to increase the payout ratio to a potentially unsustainable range.
お知らせ • Feb 07First Merchants Corporation Declares Cash Dividend, Payable on March 15, 2024First Merchants Corporation declared a cash dividend on February 6, 2024 of $0.34 per share. The dividend is payable on March 15, 2024, to shareholders of record as of March 1, 2024. For purposes of broker trading, the ex-date of the cash dividend is February 29, 2024.
Price Target Changed • Jan 29Price target increased by 7.6% to US$41.00Up from US$38.10, the current price target is an average from 5 analysts. New target price is 16% above last closing price of US$35.21. Stock is down 14% over the past year. The company is forecast to post earnings per share of US$3.39 for next year compared to US$3.74 last year.
Reported Earnings • Jan 26Full year 2023 earnings: EPS misses analyst expectationsFull year 2023 results: EPS: US$3.74. Revenue: US$647.5m (up 5.9% from FY 2022). Net income: US$221.9m (flat on FY 2022). Profit margin: 34% (down from 36% in FY 2022). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 4.1%. Revenue is forecast to grow 4.0% p.a. on average during the next 2 years, compared to a 5.5% growth forecast for the Banks industry in the US.
お知らせ • Jan 05First Merchants Corporation to Report Q4, 2023 Results on Jan 25, 2024First Merchants Corporation announced that they will report Q4, 2023 results on Jan 25, 2024
Price Target Changed • Dec 27Price target increased by 9.5% to US$38.10Up from US$34.80, the current price target is an average from 5 analysts. New target price is approximately in line with last closing price of US$37.94. Stock is down 5.5% over the past year. The company is forecast to post earnings per share of US$3.88 for next year compared to US$3.83 last year.
Recent Insider Transactions • Dec 22Advisor & Director recently sold US$371k worth of stockOn the 19th of December, Michael Rechin sold around 10k shares on-market at roughly US$37.05 per share. This transaction amounted to 9.9% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of US$306k more than they bought in the last 12 months.
Recent Insider Transactions Derivative • Dec 17Advisor & Director notifies of intention to sell stockMichael Rechin intends to sell 10k shares in the next 90 days after lodging an Intent To Sell Form on the 14th of December. If the sale is conducted around the recent share price of US$37.54, it would amount to US$375k. Since December 2022, Michael's direct individual holding has decreased from 106.08k shares to 100.95k. Company insiders have collectively bought US$92k more than they sold, via options and on-market transactions, in the last 12 months.
Upcoming Dividend • Nov 23Upcoming dividend of US$0.34 per share at 4.4% yieldEligible shareholders must have bought the stock before 30 November 2023. Payment date: 15 December 2023. Payout ratio is a comfortable 31% and this is well supported by cash flows. Trailing yield: 4.4%. Lower than top quartile of American dividend payers (5.0%). Higher than average of industry peers (3.6%).
お知らせ • Nov 15First Merchants Corporation Declares Cash Dividend, Payable on December 15, 2023First Merchants Corporation declared a cash dividend on November 9, 2023 of $0.34 per share. The dividend is payable on December 15, 2023, to shareholders of record as of December 1, 2023. For purposes of broker trading, the ex-date of the cash dividend is November 30, 2023.
Reported Earnings • Oct 27Third quarter 2023 earnings: Revenues and EPS in line with analyst expectationsThird quarter 2023 results: EPS: US$0.95 (down from US$1.07 in 3Q 2022). Revenue: US$159.2m (down 6.3% from 3Q 2022). Net income: US$55.9m (down 12% from 3Q 2022). Profit margin: 35% (down from 37% in 3Q 2022). The decrease in margin was driven by lower revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Revenue is forecast to grow 1.9% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.
お知らせ • Oct 06First Merchants Corporation to Report Q3, 2023 Results on Oct 26, 2023First Merchants Corporation announced that they will report Q3, 2023 results on Oct 26, 2023
分析記事 • Sep 24Here's Why We Think First Merchants (NASDAQ:FRME) Is Well Worth WatchingFor beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
Upcoming Dividend • Aug 24Upcoming dividend of US$0.34 per share at 4.6% yieldEligible shareholders must have bought the stock before 31 August 2023. Payment date: 15 September 2023. Payout ratio is a comfortable 30% and this is well supported by cash flows. Trailing yield: 4.6%. Lower than top quartile of American dividend payers (4.9%). Higher than average of industry peers (3.7%).
お知らせ • Aug 10First Merchants Corporation Declares Cash Dividend, Payable on September 15, 2023First Merchants Corporation declared a cash dividend on August 9, 2023 of $0.34 per share. The dividend is payable on September 15, 2023, to shareholders of record as of September 1, 2023. For purposes of broker trading, the ex-date of the cash dividend is August 31, 2023.
Reported Earnings • Jul 25Second quarter 2023 earnings: EPS in line with expectations, revenues disappointSecond quarter 2023 results: EPS: US$1.02 (up from US$0.65 in 2Q 2022). Revenue: US$164.2m (up 17% from 2Q 2022). Net income: US$60.4m (up 57% from 2Q 2022). Profit margin: 37% (up from 28% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 1.7%. Earnings per share (EPS) were mostly in line with analyst estimates. Revenue is forecast to grow 1.8% p.a. on average during the next 2 years, compared to a 4.4% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has increased by 13% per year whereas the company’s share price has increased by 8% per year.
お知らせ • Jul 06First Merchants Corporation to Report Q2, 2023 Results on Jul 25, 2023First Merchants Corporation announced that they will report Q2, 2023 results on Jul 25, 2023
分析記事 • May 31First Merchants' (NASDAQ:FRME) Upcoming Dividend Will Be Larger Than Last Year'sFirst Merchants Corporation's ( NASDAQ:FRME ) dividend will be increasing from last year's payment of the same period...
Upcoming Dividend • May 25Upcoming dividend of US$0.34 per share at 4.9% yieldEligible shareholders must have bought the stock before 01 June 2023. Payment date: 16 June 2023. Payout ratio is a comfortable 32% and this is well supported by cash flows. Trailing yield: 4.9%. Lower than top quartile of American dividend payers (5.1%). Higher than average of industry peers (3.7%).
