Loading...
FM5 logo

First Merchants CorporationBST:FM5 Stock Report

Market Cap €2.2b
Share Price
€35.20
€41.15
14.5% undervalued intrinsic discount
1Y13.5%
7D-2.8%
1D
Portfolio Value
View

First Merchants Corporation

BST:FM5 Stock Report

Market Cap: €2.2b

First Merchants (FM5) Stock Overview

Operates as the financial holding company for First Merchants Bank that provides commercial and consumer banking services. More details

FM5 fundamental analysis
Snowflake Score
Valuation3/6
Future Growth4/6
Past Performance2/6
Financial Health6/6
Dividends4/6

FM5 Community Fair Values

Create Narrative

See what others think this stock is worth. Follow their fair value or set your own to get alerts.

First Merchants Corporation Competitors

Price History & Performance

Summary of share price highs, lows and changes for First Merchants
Historical stock prices
Current Share PriceUS$35.20
52 Week HighUS$36.80
52 Week LowUS$29.80
Beta0.87
1 Month Change2.33%
3 Month Change12.10%
1 Year Change13.55%
3 Year Change41.94%
5 Year Change-2.22%
Change since IPO2.90%

Recent News & Updates

Recent updates

Shareholder Returns

FM5DE BanksDE Market
7D-2.8%4.5%0.6%
1Y13.5%45.6%3.8%

Return vs Industry: FM5 underperformed the German Banks industry which returned 46.8% over the past year.

Return vs Market: FM5 exceeded the German Market which returned 5% over the past year.

Price Volatility

Is FM5's price volatile compared to industry and market?
FM5 volatility
FM5 Average Weekly Movement3.0%
Banks Industry Average Movement3.9%
Market Average Movement5.9%
10% most volatile stocks in DE Market13.2%
10% least volatile stocks in DE Market2.8%

Stable Share Price: FM5 has not had significant price volatility in the past 3 months compared to the German market.

Volatility Over Time: FM5's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
18932,086Mark Hardwickwww.firstmerchants.com

First Merchants Corporation operates as the financial holding company for First Merchants Bank that provides commercial and consumer banking services. The company offers a range of financial services, including checking, savings, and deposit products; debit and credit cards; mortgages, refinance, construction or renovation of residential properties, agricultural lending, treasury management services and depository products. It also provides personal and commercial wealth management services, brokerage, investment management, private banking, fiduciary estate, and financial planning services.

First Merchants Corporation Fundamentals Summary

How do First Merchants's earnings and revenue compare to its market cap?
FM5 fundamental statistics
Market cap€2.24b
Earnings (TTM)€171.87m
Revenue (TTM)€556.62m
13.0x
P/E Ratio
1.0x
P/B Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
FM5 income statement (TTM)
RevenueUS$637.81m
Cost of RevenueUS$0
Gross ProfitUS$637.81m
Other ExpensesUS$440.87m
EarningsUS$196.94m

Last Reported Earnings

Mar 31, 2026

Next Earnings Date

n/a

Earnings per share (EPS)3.12
Gross Margin100.00%
Net Profit Margin30.88%
Debt/Equity Ratio63.3%

How did FM5 perform over the long term?

See historical performance and comparison

Dividends

3.5%
Current Dividend Yield
43%
Payout Ratio

Does FM5 pay a reliable dividends?

See FM5 dividend history and benchmarks
When do you need to buy FM5 by to receive an upcoming dividend?
First Merchants dividend dates
Ex Dividend DateJun 05 2026
Dividend Pay DateJun 19 2026
Days until Ex dividend16 days
Days until Dividend pay date2 days

Does FM5 pay a reliable dividends?

See FM5 dividend history and benchmarks

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/19 18:45
End of Day Share Price 2026/06/19 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

First Merchants Corporation is covered by 8 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Kevin ReeveyD.A. Davidson & Co.
Brendan NosalHovde Group, LLC
Damon DelMonteKeefe, Bruyette, & Woods