First Merchants Corporation (FRME): Price and Financial Metrics


First Merchants Corporation (FRME): $42.82

1.30 (+3.13%)

POWR Rating

Component Grades

Growth

S

Value

I

Momentum

G

Stability

N

Sentiment

U

Quality

P

FRME POWR Grades


  • Momentum is the dimension where FRME ranks best; there it ranks ahead of 93.67% of US stocks.
  • FRME's strongest trending metric is Momentum; it's been moving up over the last 169 days.
  • FRME ranks lowest in Quality; there it ranks in the 35th percentile.

FRME Stock Summary

  • Of note is the ratio of First Merchants Corp's sales and general administrative expense to its total operating expenses; 85.9% of US stocks have a lower such ratio.
  • FRME's equity multiplier -- a measure of assets relative to shareholders'equity -- is greater than that of 86.58% of US stocks.
  • The volatility of First Merchants Corp's share price is greater than that of only 14.8% US stocks with at least 200 days of trading history.
  • Stocks with similar financial metrics, market capitalization, and price volatility to First Merchants Corp are FMAO, LSBK, FUNC, UBSI, and ABCB.
  • Visit FRME's SEC page to see the company's official filings. To visit the company's web site, go to www.firstmerchants.com.

FRME Valuation Summary

  • In comparison to the median Financial Services stock, FRME's price/earnings ratio is 9.09% higher, now standing at 12.
  • FRME's EV/EBIT ratio has moved down 1.6 over the prior 243 months.
  • FRME's EV/EBIT ratio has moved down 1.6 over the prior 243 months.

Below are key valuation metrics over time for FRME.

Stock Date P/S P/B P/E EV/EBIT
FRME 2017-12-27 6.7 1.6 22.5 21.6
FRME 2008-11-24 2.5 1.0 12.4 20.7
FRME 2006-11-06 3.2 1.4 14.7 20.3
FRME 2006-08-09 3.0 1.3 13.5 19.5
FRME 2004-03-25 3.5 1.5 16.3 18.6
FRME 2002-09-23 4.0 1.5 15.1 14.9

FRME Growth Metrics

    The 5 year net cashflow from operations growth rate now stands at 210.48%.
  • Its 5 year net income to common stockholders growth rate is now at 139%.
  • Its 3 year price growth rate is now at 50.5%.
Over the past 49 months, FRME's revenue has gone up $202,994,000.

The table below shows FRME's growth in key financial areas (numbers in millions of US dollars).

Date Revenue Operating Cash Flow Net Income to Common Stock
2021-09-30 518.195 221.111 202.933
2021-06-30 491.519 185.22 186.373
2021-03-31 453.975 186.128 163.806
2020-12-31 433.38 204.811 148.6
2020-09-30 429.397 187.105 151.295
2020-06-30 433.305 210.107 151.842

FRME's Quality Factors

The “Quality” component of the POWR Ratings focuses on 31 different factors of a companies fundamentals and operational strength. Here are some key insights as we drill into the specifics of these quality attributes.
  • FRME has a Quality Grade of C, ranking ahead of 32.77% of graded US stocks.
  • FRME's asset turnover comes in at 0.034 -- ranking 308th of 430 Banking stocks.
  • HTLF, EWBC, and FNB are the stocks whose asset turnover ratios are most correlated with FRME.

The table below shows FRME's key quality metrics over time.

Period Asset Turnover Gross Margin ROIC
2021-06-30 0.034 1 0.016
2021-03-31 0.032 1 0.014
2020-12-31 0.032 1 0.013
2020-09-30 0.033 1 0.013
2020-06-30 0.034 1 0.014
2020-03-31 0.037 1 0.016

FRME Price Target

For more insight on analysts targets of FRME, see our FRME price target page. And for a list of of all stocks sorted by upside potential based on analyst target price, see our Top Price Target page.

Average Price Target $48.33 Average Broker Recommendation 1.42 (Moderate Buy)

FRME Stock Price Chart Interactive Chart >

Price chart for FRME

FRME Price/Volume Stats

Current price $42.82 52-week high $50.65
Prev. close $41.52 52-week low $37.16
Day low $41.43 Volume 259,413
Day high $42.96 Avg. volume 210,326
50-day MA $42.38 Dividend yield 2.79%
200-day MA $42.68 Market Cap 2.31B

First Merchants Corporation (FRME) Company Bio


First Merchants Corporation provides community banking services in Indiana, Illinois, and Ohio counties. The company was founded in 1893 and is headquartered in Muncie, Indiana.


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Latest FRME News From Around the Web

Below are the latest news stories about First Merchants Corp that investors may wish to consider to help them evaluate FRME as an investment opportunity.

First Merchants Corporation (FRME) CEO Mark Hardwick on Q4 2021 Results - Earnings Call Transcript

First Merchants Corporation (FRME) Q4 2021 Earnings Conference Call January 27, 2022 2:30 PM ET Company Participants Mark Hardwick - Chief Executive Officer Mike Stewart - President Michele Kawiecki - Chief Financial Officer John Martin - Chief Credit Officer Conference Call Participants Scott Siefers - Piper Sandler Terry McEvoy -...

SA Transcripts on Seeking Alpha | January 27, 2022

First Merchants (FRME) Q4 Earnings and Revenues Lag Estimates

First Merchants (FRME) delivered earnings and revenue surprises of -5.32% and 5.58%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

Yahoo | January 27, 2022

First Merchants Corporation Announces 2021 Record Results

MUNCIE, Ind., Jan. 27, 2022 (GLOBE NEWSWIRE) -- First Merchants Corporation (NASDAQ - FRME) has reported fourth quarter 2021 net income of $47.7 million compared to $45.1 million during the same period in 2020. Earnings per share for the period totaled $.89 per share compared to the fourth quarter 2020 result of $.83 per share. Net income for the year ended December 31, 2021 totaled $205.5 million, compared to $148.6 million during the same period in 2020. Year-to-date earnings per share totaled

Yahoo | January 27, 2022

What Kind Of Investors Own Most Of First Merchants Corporation (NASDAQ:FRME)?

Every investor in First Merchants Corporation ( NASDAQ:FRME ) should be aware of the most powerful shareholder groups...

Yahoo | January 26, 2022

Lakeland Financial (LKFN) Q4 Earnings and Revenues Miss Estimates

Lakeland Financial (LKFN) delivered earnings and revenue surprises of -2.06% and 2.64%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

Yahoo | January 25, 2022

Read More 'FRME' Stories Here

FRME Price Returns

1-mo 2.37%
3-mo 3.74%
6-mo 6.66%
1-year 13.45%
3-year 25.01%
5-year 25.14%
YTD 2.22%
2021 14.99%
2020 -6.93%
2019 24.61%
2018 -16.93%
2017 13.63%

FRME Dividends

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Continue Researching FRME

Here are a few links from around the web to help you further your research on First Merchants Corp's stock as an investment opportunity:

First Merchants Corp (FRME) Stock Price | Nasdaq
First Merchants Corp (FRME) Stock Quote, History and News - Yahoo Finance
First Merchants Corp (FRME) Stock Price and Basic Information | MarketWatch

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