First Merchants/$FRME
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15:10
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18:25
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About First Merchants
First Merchants Corp, through its subsidiaries, provides its customers with financial services delivered locally by bankers. It offers personal banking, business banking, real estate mortgage lending, cash management services, brokerage, wealth management, and insurance. The company reports in only one segment which is community banking.
Ticker
$FRME
Sector
Primary listing
Industry
Banks
Headquarters
Employees
2,120
ISIN
US3208171096
Website
First Merchants Metrics
BasicAdvanced
$2.1B
10.06
$3.55
1.03
$1.40
4.03%
Price and volume
Market cap
$2.1B
Beta
1.03
52-week high
$45.62
52-week low
$33.13
Average daily volume
236K
Dividend rate
$1.40
Financial strength
Dividend payout ratio (TTM)
40.15%
Profitability
Net profit margin (TTM)
33.93%
Operating margin (TTM)
42.83%
Effective tax rate (TTM)
13.06%
Revenue per employee (TTM)
$290,000
Management effectiveness
Return on assets (TTM)
1.14%
Return on equity (TTM)
9.16%
Valuation
Price to earnings (TTM)
10.06
Price to revenue (TTM)
3.369
Price to book
0.9
Price to tangible book (TTM)
1.31
Price to free cash flow (TTM)
7.759
Free cash flow yield (TTM)
12.89%
Free cash flow per share (TTM)
460.36%
Dividend yield (TTM)
3.92%
Forward dividend yield
4.03%
Growth
Revenue change (TTM)
-2.33%
Earnings per share change (TTM)
2.64%
3-year revenue growth (CAGR)
5.53%
3-year earnings per share growth (CAGR)
-2.32%
10-year earnings per share growth (CAGR)
7.64%
3-year dividend per share growth (CAGR)
6.47%
10-year dividend per share growth (CAGR)
15.90%
Bulls say / Bears say
Analysts at Keefe, Bruyette & Woods have raised their price target for First Merchants to $52.00, maintaining an 'outperform' rating, indicating confidence in the bank's growth prospects. (marketbeat.com)
First Merchants' strategic decision to sell five Illinois branches is expected to enhance focus on core markets and improve balance sheet flexibility, potentially leading to better financial performance. (investing.com)
The regional economy appears conducive to loan growth, which could positively impact First Merchants' earnings in the coming year. (seekingalpha.com)
First Merchants' net interest margin has faced pressure due to lower funding costs being offset by pressure on loan yields and a significant day count adjustment, which could impact profitability. (gurufocus.com)
Over the past three years, First Merchants' share price has declined by 17%, underperforming the market return of approximately 25%, indicating potential challenges in delivering shareholder value. (simplywall.st)
A slight slip in credit quality has been noted, which, if it continues or worsens, could negatively impact the company's future performance. (investing.com)
Data summarised monthly by Lightyear AI. Last updated on 6 Jun 2025.
First Merchants News
AllArticlesVideos
First Merchants Corporation Announces Changed Ex-Dividend Date for Previously Announced Dividend
GlobeNewsWire·4 weeks ago
First Merchants Corporation Announces Cash Dividend
GlobeNewsWire·1 month ago
First Merchants Corporation to Report First Quarter 2025 Financial Results, Host Conference Call and Webcast
GlobeNewsWire·3 months ago
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real-time US market data is sourced from the IEX order book provided by Polygon. After-hours US market data is 15 minutes delayed and may differ significantly from the actual tradable price at market open.
Capital at risk
Upcoming events
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FAQs
What’s the current market cap for First Merchants stock?
First Merchants (FRME) has a market cap of $2.1B as of June 21, 2025.
What is the P/E ratio for First Merchants stock?
The price to earnings (P/E) ratio for First Merchants (FRME) stock is 10.06 as of June 21, 2025.
Does First Merchants stock pay dividends?
Yes, the First Merchants (FRME) stock pays dividends to shareholders. As of June 21, 2025, the dividend rate is $1.4 and the yield is 4.03%. First Merchants has a payout ratio of 40.15% on a trailing twelve-month basis.
When is the next First Merchants dividend payment date?
The next First Merchants (FRME) dividend payment date is unconfirmed.
What is the beta indicator for First Merchants?
First Merchants (FRME) has a beta rating of 1.03. This means that it is more volatile than the market, on average. A beta of 1 would indicate the stock moves in-line with the market, while a beta of 2 would indicate the stock moves twice as much as the market.