First Merchants Corp FRME

Morningstar Rating
$45.23 +1.48 (3.38%)
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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.

Price vs Fair Value

FRME is trading at a LOCK|V<&$hh premium.
Price
$43.78
Fair Value
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Uncertainty
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1-Star Price
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5-Star Price
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Economic Moat
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Capital Allocation

News

Trading Information

Previous Close Price
$43.75
Day Range
$43.4845.33
52-Week Range
$34.8645.33
Bid/Ask
$45.23 / $72.35
Shares Outstanding
63.02M
Market Cap
$2.85B
Volume/Avg
605,484 / 383,702

Key Statistics

Price/Earnings (Normalized)
11.37
Price/Sales
4.01
Dividend Yield (Trailing)
3.31%
Dividend Yield (Forward)
4.29%
Total Yield
5.36%

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

Valuation

Metric
FRME
Price/Earnings (Normalized)
11.37
Price/Book Value
1.07
Price/Sales
4.01
Price/Cash Flow
8.72
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)
1.21%
Return on Equity (Normalized)
9.62%
Return on Invested Capital (Normalized)
Return on Assets
FRME

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1-Day Chart
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Morningstar Rating for Stocks
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Economic Moat
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