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First Merchants Corp. (FRME)
NASDAQ:FRME
FRME Stock Chart & Stats
Day’s Range― - ―
52-Week Range$30.55 - $46.13
Previous CloseN/A
Volume29.51K
Average Volume (3M)351.94K
Market Cap
$2.03B
Enterprise Value$3.44B
Total Cash (Recent Filing)$210.41M
Total Debt (Recent Filing)$318.06M
Price to Earnings (P/E)10.2
Beta1.02
Next Earnings
Apr 24, 2025EPS Estimate
0.91Last Dividend Ex-Date
Mar 07, 2025Dividend Yield4.04%
Share Statistics
EPS (TTM)3.41
Shares Outstanding58,534,990
10 Day Avg. Volume352,818
30 Day Avg. Volume351,941
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)3.86
Price to Cash Flow (P/CF)8.70
P/FCF Ratio3.90
Enterprise Value/Market Cap1.70
Enterprise Value/RevenueN/A
Enterprise Value/Gross Profit3.63
Enterprise Value/Ebitda20.78
Forecast
1Y Price Target
$50.75Price Target Upside48.70% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering4
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First Merchants News
PremiumStock Analysis & Ideas
TipRanks’ ‘Perfect 10’ Picks: 2 High-Scorers Grabbing Wall Street’s Attention
PremiumCompany Announcements
First Merchants Adopts 2025 Incentive Compensation Program
PremiumCompany Announcements
First Merchants Highlights Strong Growth Amid Challenges
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Ownership Overview
1.47% Insiders
26.18% Mutual Funds
0.32% Other Institutional Investors
49.97% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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FRME FAQ
What was First Merchants Corp.’s price range in the past 12 months?
First Merchants Corp. lowest stock price was $30.55 and its highest was $46.13 in the past 12 months.
What is First Merchants Corp.’s market cap?
First Merchants Corp.’s market cap is $2.03B.
When is First Merchants Corp.’s upcoming earnings report date?
First Merchants Corp.’s upcoming earnings report date is Apr 24, 2025 which is in 11 days.
How were First Merchants Corp.’s earnings last quarter?
First Merchants Corp. released its earnings results on Jan 30, 2025. The company reported $1.1 earnings per share for the quarter, beating the consensus estimate of $0.898 by $0.202.
Is First Merchants Corp. overvalued?
According to Wall Street analysts First Merchants Corp.’s price is currently Undervalued.
Does First Merchants Corp. pay dividends?
First Merchants Corp. pays a Quarterly dividend of $0.349 which represents an annual dividend yield of 4.04%. See more information on First Merchants Corp. dividends here
What is First Merchants Corp.’s EPS estimate?
First Merchants Corp.’s EPS estimate is 0.91.
How many shares outstanding does First Merchants Corp. have?
First Merchants Corp. has 58,534,990 shares outstanding.
What happened to First Merchants Corp.’s price movement after its last earnings report?
First Merchants Corp. reported an EPS of $1.1 in its last earnings report, beating expectations of $0.898. Following the earnings report the stock price went up 3.495%.
Which hedge fund is a major shareholder of First Merchants Corp.?
Currently, no hedge funds are holding shares in FRME
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First Merchants Stock Smart Score
Neutral
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10
Analyst Consensus
Strong Buy
Average Price Target:
$50.75 (48.70% Upside)
$50.75 (48.70% Upside)
Blogger Sentiment
Bullish
FRME Sentiment 100%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Increased
By 82.1K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Bought Shares
Worth $165.0 over
the Last 3 Months
the Last 3 Months
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
6.55%
12-Months-Change
Fundamentals
Return on Equity
8.85%
Trailing 12-Months
Asset Growth
-0.51%
Trailing 12-Months
Company Description
First Merchants Corp.
First Merchants Corporation operates as the financial holding company for First Merchants Bank that provides community banking services. It accepts time, savings, and demand deposits; and provides consumer, commercial, agri-business, and real estate mortgage loans, as well as public finance. The company also offers personal and corporate trust; brokerage and private wealth management; and letters of credit, repurchase agreements, and other corporate services. It operates 109 banking locations in Indiana, Illinois, Ohio, and Michigan counties. The company also offers its services through electronic and mobile delivery channels. First Merchants Corporation was founded in 1893 and is headquartered in Muncie, Indiana.
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FRME Company Deck
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FRME Earnings Call
Q4 2025
0:00 / 0:00
Earnings Call Sentiment|Positive
The earnings call highlighted strong financial performance, with significant achievements in loan and deposit growth, improved margins, and shareholder returns. However, there were challenges noted in non-accrual loans and the Agri business segment. Overall, the positive aspects of the call outweighed the negatives.Read More>---
FRME Stock 12 Month Forecast
Average Price Target
$50.75
▲(48.70% Upside)
Technical Analysis
First Financial Bancorp
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Banc of California
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Provident Financial Services
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Washington Federal
―
Bancorp
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Best Analysts Covering FRME
1 Year
1 Year Success Rate
10/20 ratings generated profit
1 Year Average Return
+11.75%
reiterated a buy rating 24 days ago
Copying Damon Delmonte's trades and holding each position for 1 Year would result in 50.00% of your transactions generating a profit, with an average return of +11.75% per trade.
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