FRME First Merchants Corp

  1. Stocks
  2. Financial Services
  3. NASDAQ: FRME

Price (delayed)

$43.82

Market cap

$2.38B

P/E Ratio

14.37

Dividend/share

$1.07

EPS

$3.05

Enterprise value

$2.47B

Highlights
The debt fell by 21% YoY and by 3.1% QoQ
FRME's EPS is up by 11% since the previous quarter
The stock's price to earnings (P/E) is 24% more than its last 4 quarters average of 11.7
The company's equity fell by 3.7% QoQ
Sector: Financial Services
Industry: Banks - Regional
Website: http://ir.firstmerchants.com/
Peers: HBNC ONB GABC LKFN

Key stats

What are the main financial stats of FRME
Market
Shares outstanding
54.37M
Market cap
$2.38B
Enterprise value
$2.47B
Valuations
Price to earnings (P/E)
14.37
Price to book (P/B)
1.32
Price to sales (P/S)
5.23
EV/EBIT
12.93
EV/EBITDA
12.22
EV/Sales
5.43
Earnings
Revenue
$453.98M
EBIT
$190.64M
EBITDA
$201.73M
Free cash flow
$186.13M
Per share
EPS
$3.05
Free cash flow per share
$3.44
Book value per share
$33.23
Revenue per share
$8.39
TBVPS
$259.68
Balance sheet
Total assets
$14.63B
Total liabilities
$12.82B
Debt
$663.5M
Equity
$1.81B
Working capital
N/A
Liquidity
Debt to equity
0.37
Current ratio
N/A
Quick ratio
N/A
Net debt/EBITDA
0.41
Margins
EBITDA margin
44.4%
Gross margin
100%
Net margin
36.1%
Operating margin
42%
Efficiency
Return on assets
1.2%
Return on equity
8.9%
Return on invested capital
1.4%
Return on capital employed
N/A
Return on sales
42%
Dividend
Dividend yield
2.44%
DPS
$1.07
Payout ratio
35.1%

FRME stock price

How has the First Merchants stock price performed over time
Intraday
-0.86%
1 week
-1.59%
1 month
-7.51%
1 year
53.11%
YTD
17.13%
QTD
-5.76%

Financial performance

How have First Merchants's revenue and profit performed over time
Revenue
$453.98M
Gross profit
$453.98M
Operating income
$190.64M
Net income
$163.81M
Gross margin
100%
Net margin
36.1%
FRME's operating income is up by 12% since the previous quarter and by 2.6% year-on-year
First Merchants's net income has increased by 10% QoQ and by 2.4% YoY
FRME's operating margin is up by 7% from the previous quarter
First Merchants's revenue has increased by 4.8% from the previous quarter and by 2.7% YoY

Growth

What is First Merchants's growth rate over time

Valuation

What is First Merchants stock price valuation
P/E
14.37
P/B
1.32
P/S
5.23
EV/EBIT
12.93
EV/EBITDA
12.22
EV/Sales
5.43
The stock's price to earnings (P/E) is 24% more than its last 4 quarters average of 11.7
FRME's EPS is up by 11% since the previous quarter
The P/B is 33% higher than the last 4 quarters average of 1.0 and 2.3% higher than the 5-year quarterly average of 1.3
The company's equity fell by 3.7% QoQ
The stock's price to sales (P/S) is 29% more than its last 4 quarters average of 4.1 and 8% more than its 5-year quarterly average of 4.9
First Merchants's revenue has increased by 4.8% from the previous quarter and by 2.7% YoY

Efficiency

How efficient is First Merchants business performance
FRME's return on invested capital is down by 13% year-on-year but it is up by 8% since the previous quarter
First Merchants's return on equity has increased by 10% QoQ but it has decreased by 5% YoY
FRME's ROA is up by 9% QoQ but it is down by 8% YoY
FRME's ROS is up by 7% since the previous quarter

Dividends

What is FRME's dividend history
DPS
$1.07
Dividend yield
2.44%
Payout ratio
35.1%
Recent dividends

Financial health

How did First Merchants financials performed over time
The total assets is 14% more than the total liabilities
FRME's total liabilities is up by 17% YoY and by 5% from the previous quarter
The total assets has grown by 15% YoY and by 4% from the previous quarter
The debt is 63% lower than the equity
The debt fell by 21% YoY and by 3.1% QoQ
The debt to equity has decreased by 21% YoY

All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise specified.