First Merchants Corp FRME
About Quantitative Ratings
Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.
News
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First Merchants Corporation Announces Cash Dividend on Its Preferred Stock
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First Merchants Bank CEO Mark Hardwick to retire at the end of 2026 and President Mike Stewart to become President and CEO
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First Merchants Corporation to Report Third Quarter 2026 Financial Results, Host Conference Call and Webcast
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First Merchants Corporation Announces Pricing of Subordinated Notes Offering
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First Merchants Corporation Announces Cash Dividend
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Small-cap outperformance is persisting - and these 15 quality stocks pay rich dividends
Trading Information
- Previous Close Price
- $40.83
- Day Range
- $40.39–41.03
- 52-Week Range
- $34.86–45.33
- Bid/Ask
- $39.90 / $42.00
- Shares Outstanding
- 62.80M
- Market Cap
- $2.55B
- Volume/Avg
- 417,115 / 448,308
Key Statistics
- Price/Earnings (Normalized)
- 10.88
- Price/Sales
- 3.42
- Dividend Yield (Trailing)
- 3.59%
- Dividend Yield (Forward)
- 3.64%
- Dividend Payment Schedule
- Mar, Jun, Sep, Dec
- Total Yield
- 5.66%
Company Profile
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.
- Sector
- Financial Services
- Industry
- Banks - Regional
- Stock Style Box
- Small Value
- Total Number of Employees
- 2,086
- Website
- https://www.firstmerchants.com
Valuation
|
Metric
|
FRME
|
|---|---|
Price/Earnings (Normalized) | 10.88 |
Price/Book Value | 0.98 |
Price/Sales | 3.42 |
Price/Cash Flow | 7.21 |
Price/Earnings
FRME
Financial Strength
|
Metric
|
FRME
|
|---|---|
Quick Ratio | — |
Current Ratio | — |
Interest Coverage | — |
Quick Ratio
No chart available
Profitability
|
Metric
|
FRME
|
|---|---|
Return on Assets (Normalized) | 1.13% |
Return on Equity (Normalized) | 8.94% |
Return on Invested Capital (Normalized) | — |
Return on Assets
FRME
Banks - Regional Industry Comparables
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1-Day Chart
|
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United States