FRME Stock Overview
First Merchants Corporation operates as the financial holding company for First Merchants Bank that provides community banking services.
Snowflake Score | |
---|---|
Valuation | 5/6 |
Future Growth | 0/6 |
Past Performance | 3/6 |
Financial Health | 6/6 |
Dividends | 5/6 |
Rewards
Risk Analysis
First Merchants Corporation Competitors
Price History & Performance
Historical stock prices | |
---|---|
Current Share Price | US$34.74 |
52 Week High | US$38.16 |
52 Week Low | US$24.52 |
Beta | 1.09 |
1 Month Change | 3.21% |
3 Month Change | -7.63% |
1 Year Change | 2.33% |
3 Year Change | -25.29% |
5 Year Change | -8.14% |
Change since IPO | 477.57% |
Recent News & Updates
Recent updates
Here's Why We Think First Merchants (NASDAQ:FRME) Is Well Worth Watching
Sep 24First Merchants' (NASDAQ:FRME) Upcoming Dividend Will Be Larger Than Last Year's
May 31First Merchants' (NASDAQ:FRME) Upcoming Dividend Will Be Larger Than Last Year's
May 14If EPS Growth Is Important To You, First Merchants (NASDAQ:FRME) Presents An Opportunity
May 03First Merchants declares $0.32 dividend
Aug 10First Merchants Non-GAAP EPS of $1.01 beats by $0.13, revenue of $156.94M beats by $1.6M
Jul 26First Merchants: The Level One Acquisition Will Boost Earnings Power
Jun 07First Merchants' (NASDAQ:FRME) Dividend Will Be Increased To US$0.32
May 14Here's Why I Think First Merchants (NASDAQ:FRME) Might Deserve Your Attention Today
Mar 24Should You Be Adding First Merchants (NASDAQ:FRME) To Your Watchlist Today?
Nov 19If You Like EPS Growth Then Check Out First Merchants (NASDAQ:FRME) Before It's Too Late
Aug 07First Merchants Corporation (NASDAQ:FRME) Vies For A Place In Your Dividend Portfolio: Here's Why
May 10This Insider Has Just Sold Shares In First Merchants Corporation (NASDAQ:FRME)
Mar 19First Merchants Corporation (NASDAQ:FRME) Passed Our Checks, And It's About To Pay A US$0.26 Dividend
Feb 28Shareholders Of First Merchants (NASDAQ:FRME) Must Be Happy With Their 113% Total Return
Feb 18Shareholder Returns
FRME | US Banks | US Market | |
---|---|---|---|
7D | 1.8% | 2.1% | 0.4% |
1Y | 2.3% | 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
FRME volatility | |
---|---|
FRME Average Weekly Movement | 4.1% |
Banks Industry Average Movement | 4.4% |
Market Average Movement | 6.0% |
10% most volatile stocks in US Market | 16.9% |
10% least volatile stocks in US Market | 3.0% |
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
Founded | Employees | CEO | Website |
---|---|---|---|
1893 | 2,162 | Mark Hardwick | https://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
FRME fundamental statistics | |
---|---|
Market cap | US$2.06b |
Earnings (TTM) | US$221.91m |
Revenue (TTM) | US$647.50m |
9.3x
P/E Ratio0.9x
P/B RatioIs FRME overvalued?
See Fair Value and valuation analysisEarnings & Revenue
FRME income statement (TTM) | |
---|---|
Revenue | US$647.50m |
Cost of Revenue | US$0 |
Gross Profit | US$647.50m |
Other Expenses | US$425.59m |
Earnings | US$221.91m |
Last Reported Earnings
Dec 31, 2023
Next Earnings Date
n/a
Earnings per share (EPS) | 3.74 |
Gross Margin | 100.00% |
Net Profit Margin | 34.27% |
Debt/Equity Ratio | 49.3% |
How did FRME perform over the long term?
See historical performance and comparison