FRME First Merchants Corp

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

Price (delayed)

$41.91

Market cap

$2.64B

P/E Ratio

12.29

Dividend/share

$1.45

EPS

$3.41

Enterprise value

$4.01B

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Relative Growth: Rel. Growth: 38
Relative Strength: Rel. Strength: 53
Relative Valuation: Rel. Valuation: 59
Relative Profitability: Rel. Profitability: 72

First Merchants Corporation is a financial holding company headquartered in Muncie, Indiana. The Corporation has one full-service bank charter, First Merchants Bank. The Bank also operates as First Merchants Private ...

Highlights
The company's equity rose by 15% YoY and by 8% QoQ
First Merchants's revenue has increased by 3.6% YoY
The debt has soared by 65% QoQ and by 22% YoY
The stock's price to earnings (P/E) is 20% more than its last 4 quarters average of 10.1 and 18% more than its 5-year quarterly average of 10.2
Sector: Financial Services
Industry: Banks - Regional
Website: http://www.firstmerchants.com
Peers: THFF SRCE HBNC ONB

Key stats

What are the main financial stats of FRME

FRME stock price

How has the First Merchants stock price performed over time
Intraday
1.75%
1 week
1.6%
1 month
4.41%
1 year
13%
YTD
11.82%
QTD
8.21%

Financial performance

How have First Merchants's revenue and profit performed over time
Revenue
$637.81M
Gross profit
$637.81M
Operating income
$222.99M
Net income
$198.82M
Gross margin
100%
Net margin
31.2%
FRME's operating income is down by 14% since the previous quarter and by 7% year-on-year
FRME's operating margin is down by 13% from the previous quarter and by 10% YoY
First Merchants's net income has decreased by 12% QoQ and by 4.8% YoY
The net margin fell by 11% QoQ and by 8% YoY

Price vs fundamentals

How does FRME's price correlate with its fundamentals

Growth

What is First Merchants's growth rate over time

Valuation

What is First Merchants stock price valuation
FRME P/E details
P/E
12.29
P/B
0.99
P/S
4.01
EV/EBIT
18
EV/EBITDA
15.83
EV/Sales
6.29
The stock's price to earnings (P/E) is 20% more than its last 4 quarters average of 10.1 and 18% more than its 5-year quarterly average of 10.2
FRME's EPS is down by 13% since the previous quarter and by 4.5% year-on-year
The company's equity rose by 15% YoY and by 8% QoQ
The P/B is 9% higher than the last 4 quarters average of 0.9 but 2% lower than the 5-year quarterly average of 1.0
The stock's price to sales (P/S) is 13% more than its last 4 quarters average of 3.5 and 9% more than its 5-year quarterly average of 3.6
First Merchants's revenue has increased by 3.6% YoY

Efficiency

How efficient is First Merchants business performance
FRME's return on invested capital is down by 21% since the previous quarter and by 15% year-on-year
FRME's ROA is down by 17% QoQ and by 9% YoY
First Merchants's return on equity has decreased by 15% QoQ and by 11% YoY
FRME's ROS is down by 13% since the previous quarter and by 10% year-on-year

Dividends

What is FRME's dividend history
Dividend details
DPS
$1.45
Dividend yield
3.46%
Payout ratio
42.5%
Recent dividends

Special dividends are included in TTM DPS and yield

Financial health

How did First Merchants financials performed over time
The total assets is 15% more than the total liabilities
The total assets has grown by 14% YoY and by 11% from the previous quarter
FRME's total liabilities is up by 14% YoY and by 11% from the previous quarter
The debt is 38% lower than the equity
The debt has soared by 65% QoQ and by 22% YoY
The debt to equity has soared by 51% from the previous quarter and by 7% YoY

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