First Merchants Corporation (FRME): Price and Financial Metrics


First Merchants Corporation (FRME): $40.26

0.16 (+0.40%)

POWR Rating

Component Grades

Growth

S

Value

I

Momentum

G

Stability

N

Sentiment

U

Quality

P

FRME POWR Grades


  • FRME scores best on the Sentiment dimension, with a Sentiment rank ahead of 85.86% of US stocks.
  • FRME's strongest trending metric is Stability; it's been moving up over the last 31 weeks.
  • FRME's current lowest rank is in the Value metric (where it is better than 19.46% of US stocks).

FRME Stock Summary

  • With a one year PEG ratio of 499.49, First Merchants Corp is expected to have a higher PEG ratio (a measure of how expensive a stock is relative to its expected earnings growth) than 92.69% of US stocks.
  • Of note is the ratio of First Merchants Corp's sales and general administrative expense to its total operating expenses; 86.79% 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 84.94% of US stocks.
  • If you're looking for stocks that are quantitatively similar to First Merchants Corp, a group of peers worth examining would be BWB, CBU, THFF, CVBF, and OPBK.
  • 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

  • FRME's EV/EBIT ratio is 11.9; this is 32.22% higher than that of the median Financial Services stock.
  • Over the past 243 months, FRME's price/sales ratio has gone up 1.2.
  • FRME's EV/EBIT ratio has moved down 0.8 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 2020-05-21 3.1 0.8 8.6 10.5
FRME 2017-09-07 6.2 1.8 20.3 19.5
FRME 2013-12-16 3.2 1.2 15.4 17.7
FRME 2008-06-09 2.8 1.2 12.8 20.3
FRME 2008-02-22 3.6 1.5 16.9 25.0
FRME 2004-07-29 3.5 1.5 16.0 19.1

FRME Growth Metrics

  • Its 5 year net cashflow from operations growth rate is now at 155.51%.
  • Its 3 year price growth rate is now at 50.5%.
  • Its 3 year revenue growth rate is now at 50.07%.
Over the past 15 months, FRME's revenue has gone up $13,427,000.

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
2021-03-31 453.975 186.128 163.806
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
2019-12-31 440.548 178.407 164.46

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 $52.50 Average Broker Recommendation 1.58 (Moderate Buy)

FRME Stock Price Chart Interactive Chart >

Price chart for FRME

FRME Price/Volume Stats

Current price $40.26 52-week high $50.65
Prev. close $40.10 52-week low $21.50
Day low $40.19 Volume 45,754
Day high $41.16 Avg. volume 175,345
50-day MA $43.21 Dividend yield 2.89%
200-day MA $40.25 Market Cap 2.19B

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.


FRME Latest News Stream


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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 (FRME) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

First Merchants (FRME) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Yahoo | July 19, 2021

Down 10% in 4 Weeks, Here's Why First Merchants (FRME) Looks Ripe for a Turnaround

The heavy selling pressure might have exhausted for First Merchants (FRME) as it is technically in oversold territory now. In addition to this technical measure, strong agreement among Wall Street analysts in revising earnings estimates higher indicates that the stock is ripe for a trend reversal.

Yahoo | July 9, 2021

First Merchants Corporation to Report Second Quarter 2021 Financial Results, Host Conference Call and Webcast

MUNCIE, Ind., July 02, 2021 (GLOBE NEWSWIRE) -- First Merchants Corporation (Nasdaq:FRME) will report second quarter 2021 financial results on July 26, 2021. The Corporation will host a second quarter 2021 earnings conference call and webcast at 2:30 p.m. (ET) on Monday, July 26, 2021. To participate, dial (Toll Free) 877-507-0578 and reference First Merchants Corporations second quarter earnings release. International callers please call +1 412-317-1073.

Intrado Digital Media | July 2, 2021

First Merchants Corp (FRME) Q1 2021 Earnings Call Transcript

Such forward-looking statements can often be identified by the use of words like believes, expect or may and include statements relating to First Merchants business plan, growth strategies, loan and investment portfolio; asset quality, risk and future costs. First Merchants undertakes no obligation to update any forward-looking statement whether written or oral, relating to the matters discussed in this presentation or press release.

Yahoo | April 23, 2021

First Merchants (FRME) Tops Q1 Earnings Estimates

First Merchants (FRME) delivered earnings and revenue surprises of 16.67% and -1.85%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?

Yahoo | April 22, 2021

Read More 'FRME' Stories Here

FRME Price Returns

1-mo -7.38%
3-mo -14.54%
6-mo 7.35%
1-year 61.54%
3-year -10.67%
5-year 71.35%
YTD 8.93%
2020 -6.93%
2019 24.61%
2018 -16.93%
2017 13.63%
2016 51.07%

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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