FRME Stock Overview
Operates as the financial holding company for First Merchants Bank that provides community banking services.
| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 1/6 |
| Past Performance | 2/6 |
| Financial Health | 6/6 |
| Dividends | 4/6 |
Rewards
Risk Analysis
No risks detected for FRME from our risk checks.
First Merchants Corporation Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$41.35 |
| 52 Week High | US$42.45 |
| 52 Week Low | US$25.70 |
| Beta | 1.05 |
| 11 Month Change | 29.54% |
| 3 Month Change | 21.15% |
| 1 Year Change | 30.57% |
| 33 Year Change | 1.52% |
| 5 Year Change | 9.13% |
| Change since IPO | 587.46% |
Recent News & Updates
Recent updates
First Merchants Corporation: An Attractive Way To Play The Banking Sector
Jun 21Here's Why We Think First Merchants (NASDAQ:FRME) Is Well Worth Watching
Sep 24
First 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 19Shareholder Returns
| FRME | US Banks | US Market | |
|---|---|---|---|
| 7D | 6.8% | 1.7% | -0.6% |
| 1Y | 30.6% | 29.4% | 17.3% |
Return vs Industry: FRME exceeded the US Banks industry which returned 28.9% over the past year.
Return vs Market: FRME exceeded the US Market which returned 17.5% over the past year.
Price Volatility
| FRME volatility | |
|---|---|
| FRME Average Weekly Movement | 4.2% |
| Banks Industry Average Movement | 4.3% |
| Market Average Movement | 6.0% |
| 10% most volatile stocks in US Market | 14.7% |
| 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 | 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$2.35b |
| Earnings (TTM) | US$184.84m |
| Revenue (TTM) | US$601.34m |
13.0x
P/E Ratio1.1x
P/B RatioIs FRME overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| FRME income statement (TTM) | |
|---|---|
| Revenue | US$601.34m |
| Cost of Revenue | US$0 |
| Gross Profit | US$601.34m |
| Other Expenses | US$416.50m |
| Earnings | US$184.84m |
Last Reported Earnings
Jun 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | 3.18 |
| Gross Margin | 100.00% |
| Net Profit Margin | 30.74% |
| Debt/Equity Ratio | 53.1% |
How did FRME perform over the long term?
See historical performance and comparison