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FRME First Merchants Corp
- Stocks
- Financial Services
- NASDAQ: FRME
Price (delayed)
$39.22
Market cap
$2.29B
P/E Ratio
10.99
Dividend/share
$1.4
EPS
$3.57
Enterprise value
$3.21B
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 stock's price to earnings (P/E) is 8% less than its last 4 quarters average of 11.5
The company's equity rose by 4.8% YoY
The debt has soared by 56% YoY and by 16% QoQ
First Merchants's gross profit has decreased by 2.3% YoY
Key stats
What are the main financial stats of FRME
Market
Valuations
Earnings
Shares outstanding
58.31M
Market cap
$2.29B
Enterprise value
$3.21B
Price to earnings (P/E)
10.99
Price to book (P/B)
0.98
Price to sales (P/S)
3.71
EV/EBIT
13.37
EV/EBITDA
11.82
EV/Sales
5.22
Revenue
$615.41M
Gross profit
$615.41M
Operating income
$240.18M
Net income
$208.8M
EBIT
$240.18M
EBITDA
$271.67M
Free cash flow
$269.06M
Per share
Balance sheet
Liquidity
EPS
$3.57
EPS diluted
$3.56
Free cash flow per share
$4.62
Book value per share
$39.84
Revenue per share
$10.57
TBVPS
$304.07
Total assets
$18.44B
Total liabilities
$16.11B
Debt
$1.34B
Equity
$2.33B
Working capital
N/A
Debt to equity
0.58
Current ratio
N/A
Quick ratio
N/A
Net debt/EBITDA
3.41
Margins
Efficiency
Dividend
EBITDA margin
44.1%
Gross margin
100%
Net margin
33.9%
Operating margin
39%
Return on assets
1.1%
Return on equity
9%
Return on invested capital
1.3%
Return on capital employed
N/A
Return on sales
39%
Dividend yield
3.57%
DPS
$1.4
Payout ratio
39.2%
FRME stock price
How has the First Merchants stock price performed over time
Intraday
3.87%
1 week
5.97%
1 month
14.91%
1 year
9.31%
YTD
-1.68%
QTD
-3.02%
Financial performance
How have First Merchants's revenue and profit performed over time
Revenue
$615.41M
Gross profit
$615.41M
Operating income
$240.18M
Net income
$208.8M
Gross margin
100%
Net margin
33.9%
First Merchants's net income has increased by 3.7% QoQ
FRME's operating income is up by 3.6% since the previous quarter
FRME's operating margin is up by 2.9% from the previous quarter and by 2.9% YoY
The net margin rose by 2.7% QoQ and by 2.7% 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
P/E
10.99
P/B
0.98
P/S
3.71
EV/EBIT
13.37
EV/EBITDA
11.82
EV/Sales
5.22
The stock's price to earnings (P/E) is 8% less than its last 4 quarters average of 11.5
FRME's EPS is up by 4.4% since the previous quarter and by 2.9% year-on-year
The P/B is 5% lower than the 5-year quarterly average of 1.0 and 5% lower than the last 4 quarters average of 1.0
The company's equity rose by 4.8% YoY
The stock's price to sales (P/S) is 6% less than its 5-year quarterly average of 3.8
First Merchants's revenue has decreased by 2.3% YoY
Efficiency
How efficient is First Merchants business performance
First Merchants's return on equity has decreased by 4.3% YoY but it has increased by 2.3% QoQ
FRME's ROS is up by 2.9% since the previous quarter and by 2.9% year-on-year
Dividends
What is FRME's dividend history
DPS
$1.4
Dividend yield
3.57%
Payout ratio
39.2%
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 14% more than the total liabilities
The debt is 42% lower than the equity
The debt has soared by 56% YoY and by 16% QoQ
The debt to equity has increased by 49% YoY and by 16% from the previous quarter
All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise specified.