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First Merchants NasdaqGS:FRME Stock Report

Last Price

US$34.74

Market Cap

US$2.1b

7D

1.8%

1Y

2.3%

Updated

27 Mar, 2024

Data

Company Financials +

First Merchants Corporation

NasdaqGS:FRME Stock Report

Market Cap: US$2.1b

First Merchants Corporation Competitors

Price History & Performance

Summary of all time highs, changes and price drops for First Merchants
Historical stock prices
Current Share PriceUS$34.74
52 Week HighUS$38.16
52 Week LowUS$24.52
Beta1.09
1 Month Change3.21%
3 Month Change-7.63%
1 Year Change2.33%
3 Year Change-25.29%
5 Year Change-8.14%
Change since IPO477.57%

Recent News & Updates

Recent updates

Here's Why We Think First Merchants (NASDAQ:FRME) Is Well Worth Watching

Sep 24
Here's Why We Think First Merchants (NASDAQ:FRME) Is Well Worth Watching

First Merchants' (NASDAQ:FRME) Upcoming Dividend Will Be Larger Than Last Year's

May 31
First Merchants' (NASDAQ:FRME) Upcoming Dividend Will Be Larger Than Last Year's

First Merchants' (NASDAQ:FRME) Upcoming Dividend Will Be Larger Than Last Year's

May 14
First Merchants' (NASDAQ:FRME) Upcoming Dividend Will Be Larger Than Last Year's

If EPS Growth Is Important To You, First Merchants (NASDAQ:FRME) Presents An Opportunity

May 03
If EPS Growth Is Important To You, First Merchants (NASDAQ:FRME) Presents An Opportunity

First Merchants declares $0.32 dividend

Aug 10

First Merchants Non-GAAP EPS of $1.01 beats by $0.13, revenue of $156.94M beats by $1.6M

Jul 26

First Merchants: The Level One Acquisition Will Boost Earnings Power

Jun 07

First Merchants' (NASDAQ:FRME) Dividend Will Be Increased To US$0.32

May 14
First Merchants' (NASDAQ:FRME) Dividend Will Be Increased To US$0.32

Here's Why I Think First Merchants (NASDAQ:FRME) Might Deserve Your Attention Today

Mar 24
Here's Why I Think First Merchants (NASDAQ:FRME) Might Deserve Your Attention Today

Should You Be Adding First Merchants (NASDAQ:FRME) To Your Watchlist Today?

Nov 19
Should You Be Adding First Merchants (NASDAQ:FRME) To Your Watchlist Today?

If You Like EPS Growth Then Check Out First Merchants (NASDAQ:FRME) Before It's Too Late

Aug 07
If You Like EPS Growth Then Check Out First Merchants (NASDAQ:FRME) Before It's Too Late

First Merchants Corporation (NASDAQ:FRME) Vies For A Place In Your Dividend Portfolio: Here's Why

May 10
First Merchants Corporation (NASDAQ:FRME) Vies For A Place In Your Dividend Portfolio: Here's Why

This Insider Has Just Sold Shares In First Merchants Corporation (NASDAQ:FRME)

Mar 19
This Insider Has Just Sold Shares In First Merchants Corporation (NASDAQ:FRME)

First Merchants Corporation (NASDAQ:FRME) Passed Our Checks, And It's About To Pay A US$0.26 Dividend

Feb 28
First Merchants Corporation (NASDAQ:FRME) Passed Our Checks, And It's About To Pay A US$0.26 Dividend

Shareholders Of First Merchants (NASDAQ:FRME) Must Be Happy With Their 113% Total Return

Feb 18
Shareholders Of First Merchants (NASDAQ:FRME) Must Be Happy With Their 113% Total Return

Shareholder Returns

FRMEUS BanksUS Market
7D1.8%2.1%0.4%
1Y2.3%33.8%28.8%

Return vs Industry: FRME underperformed the US Banks industry which returned 32.6% over the past year.

Return vs Market: FRME underperformed the US Market which returned 29.5% over the past year.

Price Volatility

Is FRME's price volatile compared to industry and market?
FRME volatility
FRME Average Weekly Movement4.1%
Banks Industry Average Movement4.4%
Market Average Movement6.0%
10% most volatile stocks in US Market16.9%
10% least volatile stocks in US Market3.0%

Stable Share Price: FRME has not had significant price volatility in the past 3 months.

Volatility Over Time: FRME's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
18932,162Mark Hardwickhttps://www.firstmerchants.com

First Merchants Corporation operates as the financial holding company for First Merchants Bank that provides community banking services. The company offers a range of financial services, including time, savings, and demand deposits; and consumer, commercial, agri-business, public finance, and real estate mortgage loans. It also provides personal and corporate trust; brokerage and private wealth management; and letters of credit, repurchase agreements, and other corporate services.

First Merchants Corporation Fundamentals Summary

How do First Merchants's earnings and revenue compare to its market cap?
FRME fundamental statistics
Market capUS$2.06b
Earnings (TTM)US$221.91m
Revenue (TTM)US$647.50m

9.3x

P/E Ratio

0.9x

P/B Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
FRME income statement (TTM)
RevenueUS$647.50m
Cost of RevenueUS$0
Gross ProfitUS$647.50m
Other ExpensesUS$425.59m
EarningsUS$221.91m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)3.74
Gross Margin100.00%
Net Profit Margin34.27%
Debt/Equity Ratio49.3%

How did FRME perform over the long term?

See historical performance and comparison

Dividends

3.9%

Current Dividend Yield

36%

Payout Ratio
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.