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.
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News
-
First Merchants Corporation Announces First Quarter 2024 Earnings Per Share
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First Merchants Corporation Announces Cash Dividend on Its Preferred Stock
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First Merchants Corporation to Report First Quarter 2024 Financial Results, Host Conference Call and Webcast
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First Merchants Corporation Announces Cash Dividend
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Regional banks facing credit losses for commercial real estate: Moody's study
Trading Information
- Previous Close Price
- $33.82
- Day Range
- $33.31–33.68
- 52-Week Range
- $24.54–38.18
- Bid/Ask
- $33.51 / $33.53
- Market Cap
- $1.96 Bil
- Volume/Avg
- 93,061 / 276,586
Key Statistics
- Price/Earnings (Normalized)
- 8.67
- Price/Sales
- 3.16
- Dividend Yield (Trailing)
- 4.02%
- Dividend Yield (Forward)
- 4.02%
- Total Yield
- 4.02%
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 Core
- Total Number of Employees
- 2,162
- Website
- https://www.firstmerchants.com
Comparables
Valuation
|
Metric
|
FRME
|
CCNE
|
UVSP
|
|---|---|---|---|
Price/Earnings (Normalized) | 8.67 | 7.36 | 8.71 |
Price/Book Value | 0.90 | 0.76 | 0.74 |
Price/Sales | 3.16 | 1.82 | 2.14 |
Price/Cash Flow | 7.64 | 5.91 | 7.74 |
Price/Earnings
FRME
CCNE
UVSP
Financial Strength
|
Metric
|
FRME
|
CCNE
|
UVSP
|
|---|---|---|---|
Quick Ratio | — | — | — |
Current Ratio | — | — | — |
Interest Coverage | — | — | — |
Quick Ratio
No chart available
Profitability
|
Metric
|
FRME
|
CCNE
|
UVSP
|
|---|---|---|---|
Return on Assets (Normalized) | 1.28% | 1.05% | 1.00% |
Return on Equity (Normalized) | 11.00% | 12.09% | 9.40% |
Return on Invested Capital (Normalized) | — | — | — |
Return on Assets
FRME
CCNE
UVSP
Banks - Regional Industry Comparables
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Ticker
|
Name
|
Morningstar Rating for Stocks
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Capital Allocation
|
Economic Moat
|
Market Cap
|
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