First Merchants Corporation (FRME): Price and Financial Metrics

FRME POWR Grades

• Stability is the dimension where FRME ranks best; there it ranks ahead of 92.96% of US stocks.
• FRME's strongest trending metric is Stability; it's been moving up over the last 51 weeks.
• FRME ranks lowest in Quality; there it ranks in the 30th percentile.

FRME Stock Summary

• Of note is the ratio of First Merchants Corp's sales and general administrative expense to its total operating expenses; 86.4% 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 85.47% of US stocks.
• First Merchants Corp's shareholder yield -- a measure of how much capital is returned to stockholders via dividends and buybacks -- is 14.06%, greater than the shareholder yield of 85.14% of stocks in our set.
• Stocks with similar financial metrics, market capitalization, and price volatility to First Merchants Corp are UBOH, HMST, THFF, FFNW, and SIGI.
• FRME's SEC filings can be seen here. And to visit First Merchants Corp's official 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.

FRME Growth Metrics

• Its 5 year net income to common stockholders growth rate is now at 144.56%.
• Its 3 year price growth rate is now at 50.5%.
• Its 5 year price growth rate is now at 20.14%.

FRME's revenue has moved up $83,430,000 over the prior 30 months.

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
2021-06-30	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
2020-03-31	442.093	197.959	159.906

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 29.95% of graded US stocks.
• FRME's asset turnover comes in at 0.034 -- ranking 310th of 433 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.