- Stocks
- Financial Services
- NASDAQ: FRME

Price (delayed)

$39.2

Market cap

$2.12B

P/E Ratio

11.33

Dividend/share

$1.1

EPS

$3.46

Enterprise value

$2.12B

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

The debt fell by 31% YoY and by 10% QoQ

First Merchants's net income has increased by 23% YoY and by 14% QoQ

What are the main financial stats of FRME

Market
Valuations
Earnings

Shares outstanding

54.16M

Market cap

$2.12B

Enterprise value

$2.12B

Price to earnings (P/E)

11.33

Price to book (P/B)

1.14

Price to sales (P/S)

4.32

EV/EBIT

9.67

EV/EBITDA

9.21

EV/Sales

4.31

Revenue

$491.52M

EBIT

$218.88M

EBITDA

$229.9M

Free cash flow

$185.22M

Per share
Balance sheet
Liquidity

EPS

$3.46

Free cash flow per share

$3.42

Book value per share

$34.43

Revenue per share

$9.07

TBVPS

$264.83

Total assets

$14.92B

Total liabilities

$13.05B

Debt

$599.65M

Equity

$1.87B

Working capital

N/A

Debt to equity

0.32

Current ratio

N/A

Quick ratio

N/A

Net debt/EBITDA

-0.03

Margins
Efficiency
Dividend

EBITDA margin

46.8%

Gross margin

100%

Net margin

37.9%

Operating margin

44.5%

Return on assets

1.3%

Return on equity

10.1%

Return on invested capital

1.6%

Return on capital employed

N/A

Return on sales

44.5%

Dividend yield

2.81%

DPS

$1.1

Payout ratio

31.8%

How has the First Merchants stock price performed over time

Intraday

0.44%

1 week

1.45%

1 month

-5.81%

1 year

62.86%

YTD

4.78%

QTD

-5.93%

How have First Merchants's revenue and profit performed over time

Revenue

$491.52M

Gross profit

$491.52M

Operating income

$218.88M

Net income

$186.37M

Gross margin

100%

Net margin

37.9%

FRME's operating income is up by 25% year-on-year and by 15% since the previous quarter

First Merchants's net income has increased by 23% YoY and by 14% QoQ

First Merchants's revenue has increased by 13% YoY and by 8% from the previous quarter

First Merchants's gross profit has increased by 13% YoY and by 8% QoQ

What is First Merchants's growth rate over time

What is First Merchants stock price valuation

P/E

11.33

P/B

1.14

P/S

4.32

EV/EBIT

9.67

EV/EBITDA

9.21

EV/Sales

4.31

The stock's price to earnings (P/E) is 22% less than its 5-year quarterly average of 14.4 and 8% less than its last 4 quarters average of 12.3

FRME's EPS is up by 22% year-on-year and by 13% since the previous quarter

The P/B is 13% lower than the 5-year quarterly average of 1.3 but 2.7% higher than the last 4 quarters average of 1.1

The company's equity rose by 3.7% QoQ and by 3.5% YoY

First Merchants's revenue has increased by 13% YoY and by 8% from the previous quarter

The stock's price to sales (P/S) is 12% less than its 5-year quarterly average of 4.9 and 2.3% less than its last 4 quarters average of 4.4

How efficient is First Merchants business performance

First Merchants's return on equity has increased by 19% YoY and by 13% QoQ

FRME's return on invested capital is up by 14% since the previous quarter and by 14% year-on-year

FRME's ROS is up by 10% year-on-year and by 6% since the previous quarter

FRME's ROA is up by 8% QoQ and by 8% YoY

What is FRME's dividend history

DPS

$1.1

Dividend yield

2.81%

Payout ratio

31.8%

Recent dividends

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 9% YoY

The total assets has grown by 8% YoY and by 2% from the previous quarter

The debt is 68% lower than the equity

The debt to equity has decreased by 33% YoY and by 14% from the previous quarter

The debt fell by 31% YoY and by 10% QoQ

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