First Merchants Corporation

BST:FM5 Stock Report

Market Cap: €2.0b

First Merchants Past Earnings Performance

Past criteria checks 2/6

First Merchants has been growing earnings at an average annual rate of 9.7%, while the Banks industry saw earnings growing at 14.1% annually. Revenues have been growing at an average rate of 10.9% per year. First Merchants's return on equity is 9.3%, and it has net margins of 32.7%.

Key information

9.7%

Earnings growth rate

6.0%

EPS growth rate

Banks Industry Growth10.6%
Revenue growth rate10.9%
Return on equity9.3%
Net Margin32.7%
Last Earnings Update31 Mar 2024

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown
Beta

How First Merchants makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

BST:FM5 Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Mar 246302063350
31 Dec 236482223330
30 Sep 236662503220
30 Jun 236762583210
31 Mar 236522363170
31 Dec 226112212970
30 Sep 225651982820
30 Jun 225291882650
31 Mar 225242052510
31 Dec 215202062470
30 Sep 215182032470
30 Jun 214921862410
31 Mar 214541642320
31 Dec 204331492330
30 Sep 204291512260
30 Jun 204331522290
31 Mar 204421602270
31 Dec 194411642180
30 Sep 194251582110
30 Jun 194191631980
31 Mar 194131611940
31 Dec 184081591920
30 Sep 183991421970
30 Jun 183851251960
31 Mar 183631101880
31 Dec 17339961800
30 Sep 17315941610
30 Jun 17297911520
31 Mar 17290871500
31 Dec 16286811520
30 Sep 16278731530
30 Jun 16271691510
31 Mar 16262671520
31 Dec 15256651470
30 Sep 15255661460
30 Jun 15253661440
31 Mar 15252631390
31 Dec 14245601400
30 Sep 14243561340
30 Jun 14226501280
31 Mar 14213451230
31 Dec 13204421210
30 Sep 13195401200
30 Jun 13197401180

Quality Earnings: FM5 has high quality earnings.

Growing Profit Margin: FM5's current net profit margins (32.7%) are lower than last year (36.1%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: FM5's earnings have grown by 9.7% per year over the past 5 years.

Accelerating Growth: FM5's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: FM5 had negative earnings growth (-12.7%) over the past year, making it difficult to compare to the Banks industry average (26.5%).


Return on Equity

High ROE: FM5's Return on Equity (9.3%) is considered low.


Return on Assets


Return on Capital Employed


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