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First Merchants stock price, quote, forecast and news

FRME
US3208171096
919326

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First Merchants stock price

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Price

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Overview

The Quote Chart provides detailed and dynamic insights into the First Merchants stock's performance, showcasing daily, weekly, or monthly aggregated quotes. Users can switch between different time frames to analyze the stock's progression meticulously and make informed investment decisions.

Intraday Feature

The intraday feature provides real-time data, allowing investors to view the First Merchants stock’s price fluctuations within the trading day, facilitating timely and strategic investment decisions.

Total Return and Relative Price Change

View the total return of the First Merchants stock to gauge its profitability over time. The relative price change, based on the first quote available in the selected timeframe, offers insights into the stock’s performance, assisting in evaluating its investment potential.

Interpretation and Investment

Utilize the comprehensive data presented in the Quote Chart to analyze First Merchants's market trends, price movements, and potential returns. Make informed investment choices by comparing different time frames and evaluating intraday data for optimized portfolio management.

First Merchants Stock Price History

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First Merchants Revenue, EBIT, Net Income

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Revenue, EBIT and Profit

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Understanding Revenue, EBIT, and Income

Gain insights into First Merchants, a comprehensive overview of its financial performance can be obtained by analyzing the Revenue, EBIT, and Income chart. Revenue represents the total income generated by First Merchants from its primary operations, showcasing the company’s ability to attract and retain clients. EBIT, or Earnings Before Interest and Taxes, indicates the company’s operational profitability, free from the influence of tax and interest expenses. The Income section reflects First Merchants’s net earnings, an ultimate measure of its financial health and profitability.

Yearly Analysis and Comparisons

Observe the yearly bars to understand the annual performance and growth of First Merchants. Compare the Revenue, EBIT, and Income to evaluate the company’s efficiency and profitability. A higher EBIT compared to the previous year suggests an improvement in operational efficiency. Likewise, an increase in Income indicates enhanced overall profitability. Analyzing the year-to-year comparison assists investors in understanding the company’s growth trajectory and operational efficiency.

Utilizing Expectations for Investment

The expected values for the forthcoming years offer investors a glimpse into First Merchants’s anticipated financial performance. Analyzing these projections alongside historical data aids in making informed investment decisions. Investors can gauge the potential risks and returns, aligning their investment strategies accordingly to optimize profitability and mitigate risks.

Investment Insights

Leveraging the comparison between Revenue and EBIT helps in assessing First Merchants’s operational efficiency, while the Revenue and Income comparison reveals the net profitability after accounting for all expenses. Investors can derive valuable insights by meticulously analyzing these financial parameters, laying the foundation for strategic investment decisions aimed at capitalizing on First Merchants’s growth potential.

First Merchants Revenue, EBIT and net profit per share

DateFirst Merchants RevenueFirst Merchants Net Income
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First Merchants Income Statement, Balance Sheet, Cash Flow Statement

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REVENUE (M)REVENUE GROWTH (%)GROSS MARGIN (%)GROSS INCOME (M)EBIT (M)EBIT MARGIN (%)NET INCOME (M)NET INCOME GROWTH (%)SHARES (M)DOCUMENTS
19841985198619871988198919901991199219931994199519961997199819992000200120022003200420052006200720082009201020112012201320142015201620172018201920202021202220232024e2025e2026e
3636343538505253514864747798107115133138173191191211243271255281248230240225270291318385484552558555712999671691791
---5.562.948.5731.584.001.92-3.77-5.8833.3315.634.0527.279.187.4815.653.7625.3610.40-10.4715.1711.52-5.9010.20-11.74-7.264.35-6.2520.007.789.2821.0725.7114.051.09-0.5428.2940.31-32.832.9814.47
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3333456678111213161719192227272930303120-45119404260658196159164148205220221196213386
----33.3325.0020.00-16.6714.2937.509.098.3323.086.2511.76-15.7922.73-7.413.45-3.33-35.48-325.00-124.44-18.18344.445.0042.868.3324.6218.5265.633.14-9.7638.517.320.45-11.318.6781.22
7.27.27.27.27.38.38.38.48.88.911.411.511.513.8141413.213.816.518.418.718.618.518.318.221.124.626.728.83036.638.14145.449.551.654.2545859.49000
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Details

Keystats

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Revenue and Growth

The First Merchants Revenue and Revenue Growth are pivotal to understanding the company's financial health and operational efficiency. A consistent increase in revenue indicates a company’s ability to effectively market and sell its products or services, while the revenue growth percentage offers insights into the pace at which the company is expanding over the years.

Gross Margin

The Gross Margin is a crucial metric that showcases the percentage of revenue exceeding the cost of goods sold (COGS). A higher gross margin is indicative of a company’s efficiency in controlling its production costs, thereby promising potential profitability and financial stability.

EBIT and EBIT Margin

EBIT (Earnings Before Interest and Taxes) and EBIT Margin offer deep insights into a company’s profitability, excluding the impacts of interest and taxes. Investors often assess these metrics to gauge the operational efficiency and inherent profitability of a business, separate from its financial structure and tax environment.

Income and Growth

Net Income and its subsequent growth are quintessential for investors looking to understand a company’s profitability. Consistent income growth underscores a company’s ability to enhance its profitability over time, reflecting operational efficiency, strategic competitiveness, and financial health.

Shares Outstanding

Shares outstanding refer to the total number of shares a company has issued. It's instrumental in calculating key metrics like Earnings Per Share (EPS) which is pivotal for investors to evaluate a company’s profitability on a per-share basis, offering a more granular view of financial health and valuation.

Interpreting Year to Year Comparison

Comparing yearly data allows investors to identify trends, assess the company’s growth, and anticipate potential future performance. Analyzing how metrics like revenue, income, and margins change year over year can provide valuable insights into the company’s operational efficiency, competitiveness, and overall financial health.

Expectations and Predictions

Investors often juxtapose the current and past financial data with the market’s expectations. This comparison aids in assessing whether the First Merchants is performing as anticipated, underperforming or outperforming the market predictions, providing pivotal data for investment decisions.

 
ASSETSCASH BALANCE (M)RECEIVABLES (M)OTHER REC. (M)INVENTORIES (M)OTHER CURRENT LIAB. (M)CURRENT ASSETS (M)TANGIBLE ASSETS (M)LONG-T. INVEST. (M)LONG-T. REC. (M)INTANGIBLE ASSETS (M)GOODWILL (M)OTHER NON-CURRENT ASSETS (M)NON-CURRENT ASSETS (M)TOTAL ASSETS (M)LIABILITIESCOMMON STOCK (M)ADDITIONAL PAID-IN CAPITAL (B)RETAINED EARNINGS (B)OTHER EQUITY (M)UNREAL. GAINS/LOSSES (M)EQUITY (B)LIABILITIES (M)PROVISIONS (M)OTHER SHORT-TERM LIAB. (M)SHORT-TERM DEBTS (M)LONG-TERM DEBT PORTION (M)SHORT-TERM REC. (M)LONG-T. LIAB. (M)DEFERRED TAXES (M)OTHER LIAB. (M)LONG-T. LIABILITIES (M)DEBT (M)TOTAL CAPITAL (B)
1984198519861987198819891990199119921993199419951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023
                                                                               
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000000000000000026202421181512221713981416171531243529253627.1
0000111222222233192688119121121123123143141141141141189203243244445445544544545712712
000000000000000000000000276446363157424739242412123611199.88
55557779101112171717222345601471831801781801792522782522372333343394053925965867257147291,000991.79
55557779101112171717222345601471831801781801792522782522372333343394053925965867257147291,000991.79
                                                                               
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0.010.010.010.010.020.020.010.020.020.020.020.020.020.020.030.030.040.050.120.150.150.150.150.140.20.210.230.260.260.390.430.510.510.840.841.061.010.991.231.24
0.020.020.020.030.030.030.040.040.050.050.060.080.090.10.120.10.110.120.140.150.160.180.190.20.210.150.160.170.210.240.290.340.40.470.580.70.790.871.011.15
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0.030.030.030.040.040.050.050.060.060.070.070.110.110.120.150.130.160.180.260.30.310.310.330.340.40.460.460.520.550.640.730.850.91.31.411.791.881.912.042.25
22112222211334456565469896432233346733818.91
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4736393229676053415143435134911131224282833234304309352364386312449311385454477407480440475697623.87
0.080.070.070.070.070.120.110.110.110.120.110.150.160.160.160.140.170.190.280.330.340.350.560.640.70.820.820.90.871.081.041.241.361.781.822.272.322.392.732.87
Details

Balance Sheet

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Understanding the Balance Sheet

The balance sheet of First Merchants provides a detailed financial snapshot, revealing the company's assets, liabilities, and equity at a specific point in time. Analyzing these components is crucial for investors looking to understand First Merchants's financial health and stability.

Assets

First Merchants's assets represent everything the company owns or controls that has monetary value. These are categorized into current and non-current assets, offering insights into the company's liquidity and long-term investments.

Liabilities

Liabilities are obligations that First Merchants must settle in the future. Analyzing the ratio of liabilities to assets provides insights into the company's financial leverage and risk exposure.

Equity

Equity refers to the residual interest in the assets of First Merchants after deducting liabilities. It represents the owners’ claim on the company’s assets and earnings.

Year-to-Year Analysis

Comparing balance sheet figures year-to-year allows investors to identify trends, growth patterns, and potential financial risks, facilitating informed investment decisions.

Interpreting the Data

Detailed analysis of assets, liabilities, and equity can provide investors with comprehensive insights into First Merchants's financial standing, aiding in investment evaluations and risk assessments.

 
NET INCOME (M)DEPRECIATION (M)DEFERRED TAXES (M)CHANGES IN WORKING CAPITAL (M)NON-CASH ITEM (M)PAID INTEREST (M)PAID TAXES (M)NET CASH FLOW FROM OPERATING ACTIVITIES (M)CAPITAL EXPENDITURES (M)CASH FLOW FROM INVESTING ACTIVITIES (M)CASH FLOW FROM OTHER INVESTING ACTIVITIES (M)INTEREST INCOME AND EXPENSES (M)NET DEBT CHANGE (M)NET CHANGE IN EQUITY (M)CASH FLOW FROM FINANCING ACTIVITIES (B)CASH FLOW FROM OTHER FINANCING ACTIVITIES (B)TOTAL DIVIDENDS PAID (M)NET CHANGE IN CASH FLOW (M)FREE CASH FLOW (M)SHARE-BASED COMPENSATION (M)
1987198819891990199119921993199419951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023
3456678111213161719192227272930303120-40625454460658196159164148205222223
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0000001100000000000011-253-634-5002342-11
00000000000000000000000000162024263667107693680337
11233455569910912141410161412183-17-31176211222232333311334
457791011151516191925293117654046355039178185701837556103126180176203207268258
0000-1-1-2-3-2-2-2-5-3-4-2-4000000000000000000000
-42-14-7-37-4-17-38-12-48-73-67-144-119-3127-100-103-163-65-303-198-140258109-2811-138-126-340-448-635-575-1,006-1,552-1,469-446-344
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00-2-2-2-2-3-4-4-5-7-7-9-10-11-14-16-17-17-17-16-16-14-5-4-7-8-10-15-22-31-41-51-56-61-74-81
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3.74.96.97.38.49.38.712.813.614.716.714.22225.428.812.865.74046.535.6503917.681.185.570.3183.175.856.7103.7126.5180.2176.7203.8207.4268258.83
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First Merchants stock margins

The First Merchants margin analysis displays the gross margin, EBIT margin, as well as the profit margin of First Merchants. The EBIT margin (EBIT/sales) indicates the percentage of sales that remains as operating profit. The profit margin shows the percentage of sales that remains for First Merchants.

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Margin

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Understanding Gross Margin

The gross margin, expressed as a percentage, delineates the gross profit made from the First Merchants's sales revenue. A higher gross margin percentage indicates that the First Merchants retains more revenue after accounting for the costs of goods sold. Investors use this metric to gauge financial health and operational efficiency, as well as to compare it with competitors and industry averages.

EBIT Margin Analysis

EBIT margin represents the First Merchants's earnings before interest and taxes. Analyzing the EBIT margin over different years provides insights into the operational profitability and efficiency, excluding the effects of financial leverage and tax structure. A growing EBIT margin over the years signifies improving operational performance.

Revenue Margin Insights

The revenue margin demonstrates the First Merchants's total revenue generated. When comparing the revenue margin year over year, investors can gauge the First Merchants's growth and market expansion. It is essential to compare the revenue margin with the gross and EBIT margins to understand the cost and profit structures better.

Interpreting Expectations

The expected values for gross, EBIT, and revenue margins provide future financial outlook of the First Merchants. Investors should compare these expectations with historical data to understand potential growth and risk factors. It is crucial to consider the underlying assumptions and methodologies used in projecting these expected values to make informed investment decisions.

Comparative Analysis

Comparing the gross, EBIT, and revenue margins, both yearly and over multiple years, enables investors to perform a comprehensive analysis of the First Merchants's financial health and growth prospects. Evaluating the trends and patterns in these margins helps in identifying strengths, weaknesses, and potential investment opportunities.

First Merchants Margin History

DateFirst Merchants Profit margin
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First Merchants Stock Sales Revenue, EBIT, Earnings per Share

The First Merchants earnings per share therefore indicates how much revenue First Merchants has generated per share in a given period. The earnings before interest and taxes per share shows how much of the operating profit corresponds to each share. The earnings per share indicates how much of the profit belongs to each share.

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Revenue, EBIT and Earnings per share

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Revenue Per Share

Revenue per share represents the total revenue First Merchants earns, divided by the number of outstanding shares. It is a crucial metric as it reflects the company's ability to generate sales and signifies growth and expansion potential. Comparing yearly revenue per share allows investors to analyze the consistency in a company’s earnings and predict future trends.

EBIT Per Share

EBIT per share indicates First Merchants's earning before interest and taxes, offering insights into operational profitability excluding the effects of capital structure and tax rates. It can be juxtaposed against revenue per share to gauge the efficiency in converting sales into profits. A consistent increase in EBIT per share over the years underscores operational efficiency and profitability.

Income Per Share

Income per share, or earnings per share (EPS), reveals the portion of First Merchants’s profit allocated to each share of common stock. It’s instrumental in evaluating the profitability and financial health. By comparing it with revenue and EBIT per share, investors discern how effectively a firm translates sales and operational profits into net income.

Expected Values

Expected values are projections of revenue, EBIT, and income per share for forthcoming years. These anticipations, rooted in historical data and market analysis, aid investors in strategizing their investments, evaluating First Merchants's prospective performance, and estimating future stock prices. However, it’s pivotal to consider market volatilities and uncertainties that can influence these projections.

First Merchants Revenue, EBIT and net profit per share

DateFirst Merchants Sales per ShareFirst Merchants Earnings per Share
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First Merchants business model

First Merchants Corp is one of the largest independent banks in Indiana, USA. The bank was founded in 1982 and has since become a leading financial institution with a strong presence in the region. The company is listed on the NASDAQ stock exchange under the symbol FRME. First Merchants Corp's business model is based on providing top-notch financial services to customers in Indiana and other parts of the country. The bank offers a wide range of products and services for individuals, businesses, and institutions. These include savings accounts, credit cards, loans, leasing, online and mobile banking, and wealth management. First Merchants Corp also operates a number of subsidiaries and business segments that offer specialized products and services. This includes the First Merchants Insurance Group, which provides insurance for private and business customers. The First Merchants Wealth Management Group offers investment and wealth management services to clients. The bank also operates a subsidiary called First Merchants Investment Services, which provides securities services to individual customers and business. In addition, First Merchants Trust Company operates an asset management service that focuses on testamentary assets and trust accounts. First Merchants Corp's product range includes a wide range of financial services for a variety of customers. For retail customers, the company offers checking and savings accounts, credit cards, mortgage loans, auto loans, and personal loans. For business customers, loans are available to support equipment, real estate, and working capital, as well as cash management and credit card services. As part of its efforts to provide its customers with the best financial products and services, First Merchants Corp has significantly improved its online and mobile banking. Customers can conduct banking transactions from anywhere by simply downloading an app or visiting the website. In recent years, the bank has expanded its presence in Indiana through a series of acquisitions. The acquisition of Old National Bancorp in 2021 has made First Merchants Corp the largest bank in the region. The company has also acquired a number of smaller banks to further strengthen its position in the market. Overall, First Merchants Corp has a long history as a reliable and trustworthy financial services provider in Indiana. With its wide range of products, strong business model, and dedicated customer service, the company is well positioned to grow and continue to be successful in the future. First Merchants is one of the most popular companies on Eulerpool.com.

First Merchants SWOT Analysis

Strengths

First Merchants Corp possesses several strengths that contribute to its success in the market. These include:

  • 1. Strong Financial Position: First Merchants Corp enjoys a solid financial standing with steady revenue and profitability.
  • 2. Diversified Product and Service Portfolio: The company offers a wide range of financial products and services, catering to various customer needs.
  • 3. Extensive Branch Network: First Merchants Corp has a well-established presence with a large number of branches, allowing for easy accessibility for customers.
  • 4. Experienced Management Team: The company is led by a team of seasoned professionals with significant expertise in the banking industry.

Weaknesses

Despite its strengths, First Merchants Corp also faces some weaknesses that require attention:

  • 1. Limited Geographical Reach: The company's operations are primarily concentrated in specific regions, limiting its potential market reach.
  • 2. Reliance on Interest Income: First Merchants Corp heavily depends on interest income, making it susceptible to changes in interest rates.
  • 3. High Regulatory Compliance Costs: The banking industry's stringent regulations impose significant compliance costs on First Merchants Corp.

Opportunities

First Merchants Corp can capitalize on the following opportunities to further enhance its growth:

  • 1. Market Expansion: The company can explore new markets or consider acquiring smaller banks to expand its footprint and customer base.
  • 2. Technological Advancements: Utilizing emerging technologies can improve operational efficiency, customer experience, and develop innovative products.
  • 3. Growing Demand for Digital Banking: With the increasing preference for digital banking services, First Merchants Corp can enhance its digital platforms and offer more convenient solutions.

Threats

First Merchants Corp faces certain threats that could potentially impact its success:

  • 1. Intense Competition: The banking industry is highly competitive, and First Merchants Corp must continuously strive to differentiate itself to maintain market share.
  • 2. Economic Instability: Any economic downturn or recession can affect borrowing demand, asset quality, and overall profitability.
  • 3. Cybersecurity Risks: The increasing prevalence of cyber threats poses potential risks to data security and customer trust.

First Merchants Eulerpool Fair Value

Details

Fair Value

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Understanding Fair Value

The fair value of a stock provides insights into whether the stock is currently undervalued or overvalued. It is calculated based on profit, revenue, or dividends and offers a comprehensive perspective of the stock’s intrinsic value.

Income-Based Fair Value

This is calculated by multiplying the earnings per share by the average P/E ratio of the selected past years for smoothing. If the fair value is higher than the current market price, it suggests that the stock is undervalued.

Example 2022

Fair Value Profit 2022 = Earnings per Share 2022 / Average P/E Ratio 2019 - 2021 (3 Years Smoothing)

Revenue-Based Fair Value

It is derived by multiplying the revenue per share by the average price-to-sales ratio of the selected past years for smoothing. An undervalued stock is identified if the fair value exceeds the ongoing market price.

Example 2022

Fair Value Revenue 2022 = Revenue per Share 2022 / Average PSR 2019 - 2021 (3 Years Smoothing)

Dividend-Based Fair Value

This value is determined by dividing the dividend per share by the average dividend yield of the selected past years for smoothing. A higher fair value than the market price indicates an undervalued stock.

Example 2022

Fair Value Dividend 2022 = Dividend per Share 2022 * Average Dividend Yield 2019 - 2021 (3 Years Smoothing)

Expectations and Forecasts

Future expectations provide potential trajectories for stock prices and aid investors in decision-making. The expected values are forecasted figures of fair value, taking into account the growth or decline trends of profit, revenue, or dividend.

Comparative Analysis

Comparing the fair value based on profit, revenue, and dividend provides a holistic overview of the stock’s financial health. Observing the annual and per-annual variations contributes to understanding the consistency and reliability of stock performance.

First Merchants historical P/E ratio, EBIT, and P/S ratio.

First Merchants shares outstanding

The number of shares was First Merchants in 2023 — This indicates how many shares 59.489 M is divided into. Since shareholders are the owners of a company, each share represents a small portion of the company's ownership.

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Number of stocks
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Revenue, EBIT and Earnings per share

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Revenue Per Share

Revenue per share represents the total revenue First Merchants earns, divided by the number of outstanding shares. It is a crucial metric as it reflects the company's ability to generate sales and signifies growth and expansion potential. Comparing yearly revenue per share allows investors to analyze the consistency in a company’s earnings and predict future trends.

EBIT Per Share

EBIT per share indicates First Merchants's earning before interest and taxes, offering insights into operational profitability excluding the effects of capital structure and tax rates. It can be juxtaposed against revenue per share to gauge the efficiency in converting sales into profits. A consistent increase in EBIT per share over the years underscores operational efficiency and profitability.

Income Per Share

Income per share, or earnings per share (EPS), reveals the portion of First Merchants’s profit allocated to each share of common stock. It’s instrumental in evaluating the profitability and financial health. By comparing it with revenue and EBIT per share, investors discern how effectively a firm translates sales and operational profits into net income.

Expected Values

Expected values are projections of revenue, EBIT, and income per share for forthcoming years. These anticipations, rooted in historical data and market analysis, aid investors in strategizing their investments, evaluating First Merchants's prospective performance, and estimating future stock prices. However, it’s pivotal to consider market volatilities and uncertainties that can influence these projections.

First Merchants Stock splits

In First Merchants's history, there have been no stock splits.
First Merchants does not pay out any dividends.
First Merchants does not pay out any dividends.
First Merchants does not pay out any dividends.
Unfortunately, there are currently no price targets and forecasts available for First Merchants.

First Merchants latest earnings and earnings surprises

DateEPS EstimateEPS ActualQuarterly report
6/30/20240 0  (-16.44 %)2024 Q2
3/31/20240 0  (1.2 %)2024 Q1
12/31/20230 0  (-1.74 %)2023 Q4
9/30/20230 0  (-1.41 %)2023 Q3
6/30/20230 0  (-1.62 %)2023 Q2
3/31/20230 0  (-7.92 %)2023 Q1
12/31/20220 0  (0.29 %)2022 Q4
9/30/20220 0  (-3.22 %)2022 Q3
6/30/20220 0  (3.37 %)2022 Q2
3/31/20220 0  (2.32 %)2022 Q1
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Eulerpool ESG Scorecard© for the First Merchants stock

Eulerpool World ESG Rating (EESG©)

25/ 100

🌱 Environment

2

👫 Social

29

🏛️ Governance

45

Environment

Scope 1 - Direct Emissions
—
Scope 2 - Indirect emissions from purchased energy
—
Scope 3 - Indirect emissions within the value chain
—
Total CO₂ emissions
—
CO₂ reduction strategy
✅
Coal energy
❌
Nuclear power
❌
Animal experiments
❌
Fur & Leather
—
Pesticides
—
Palm Oil
—
Tobacco
❌
Genetically modified organisms
❌
Climate concept
—
Sustainable forestry
—
Recycling regulations
❌
Environmentally friendly packaging
❌
Hazardous substances
❌
Fuel consumption and efficiency
❌
Water consumption and efficiency
❌

Social

Percentage of female employees—
Percentage of women in management—
Percentage of Asian employees—
Share of Asian management—
Percentage of Hispanic/Latino employees—
Hispano/Latino Management share—
Percentage of Black employees—
Black Management Share—
Percentage of white employees—
White Management Share—
Adult content❌
Alcohol❌
Weapons—
Firearms
❌
Gambling❌
Military contracts❌
Human rights concept❌
Privacy concept—
Occupational health and safety❌
Catholic✅

Governance (Corporate Governance)

Environmental reporting❌
Stakeholder Engagement❌
Call Back Policies❌
Antitrust law❌

The Eulerpool ESG Scorecard© is the strictly copyrighted intellectual property of Eulerpool Research Systems. Any unauthorized use, imitation, or infringement will be actively pursued and may lead to significant legal consequences. For licenses, collaborations, or usage rights, please contact us directly via our contact form. Contact Form to us.

First Merchants list of shareholders

%
Name
Stocks
Change
Date
7.62 % BlackRock Institutional Trust Company, N.A.4,457,629425,39012/31/2023
5.25 % Dimensional Fund Advisors, L.P.3,074,407211,11312/31/2023
4.57 % EARNEST Partners, LLC2,674,803-116,88912/31/2023
3.00 % State Street Global Advisors (US)1,758,05847,24912/31/2023
2.67 % Cardinal Capital Management, L.L.C.1,564,112-28,17512/31/2023
2.27 % Geode Capital Management, L.L.C.1,326,50356,42312/31/2023
2.12 % American Century Investment Management, Inc.1,238,555245,80712/31/2023
11.20 % The Vanguard Group, Inc.6,553,79032,12612/31/2023
1.67 % Victory Capital Management Inc.978,46989,81612/31/2023
1.58 % Principal Global Investors (Equity)925,467-61512/31/2023
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First Merchants Executives and Management Board

Mr. Mark Hardwick52
First Merchants Chief Executive Officer, Director (since 1997)
Compensation 1.89 M
Mr. Michael Stewart57
First Merchants President
Compensation 1.48 M
Ms. Michele Kawiecki50
First Merchants Chief Financial Officer, Executive Vice President
Compensation 1 M
Mr. John Martin56
First Merchants Executive Vice President, Chief Credit Officer
Compensation 875,574
Mr. Stephan Fluhler54
First Merchants Senior Vice President, Chief Information Officer
Compensation 755,490
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Most common questions regarding First Merchants

What values and corporate philosophy does First Merchants represent?

First Merchants Corp represents strong values centered around integrity, professionalism, and excellence. The company prioritizes delivering exceptional financial services while cultivating long-lasting relationships with its clients. With a customer-focused approach, First Merchants Corp aims to provide innovative solutions that meet the unique needs of individuals, businesses, and communities. The company's corporate philosophy revolves around maintaining trust, promoting responsible financial practices, and embracing a collaborative and inclusive culture. Through their commitment to service and dedication to the highest standards, First Merchants Corp continues to build a reputation as a reliable and trustworthy financial institution.

In which countries and regions is First Merchants primarily present?

First Merchants Corp primarily operates in the United States, focusing on various regions across Indiana, Ohio, Michigan, and Illinois.

What significant milestones has the company First Merchants achieved?

First Merchants Corp has achieved several significant milestones throughout its history. Since its inception, the company has successfully expanded its presence, propelled by strategic acquisitions and organic growth. Notably, First Merchants Corp surpassed $10 billion in assets, a testament to its robust financial performance and market presence. In addition, the company has consistently delivered strong financial results, securing its position as a leading financial institution. With a commitment to providing exceptional customer service and innovative solutions, First Merchants Corp continues to pave the way for success in the banking industry.

What is the history and background of the company First Merchants?

First Merchants Corp is a financial holding company based in Muncie, Indiana. With a rich history dating back to 1982, the company has grown to become a leading regional financial services provider. First Merchants Corp operates through its banking subsidiary, First Merchants Bank, offering a comprehensive range of banking and financial services to businesses and individuals. The bank has over 130 locations and employs dedicated professionals who focus on delivering personalized solutions and exceptional customer service. First Merchants Corp's commitment to community involvement and prudent financial management has solidified its reputation as a trusted and reliable institution in the financial industry.

Who are the main competitors of First Merchants in the market?

The main competitors of First Merchants Corp in the market are other prominent banks and financial institutions, such as Fifth Third Bancorp, Old National Bancorp, and First Financial Bancorp. These competitors vie for similar market share and offer similar financial products and services to customers. However, First Merchants Corp differentiates itself through its strong customer relationships, personalized approach, innovative solutions, and a wide range of products, including personal and business banking, wealth management, insurance, and investment services.

In which industries is First Merchants primarily active?

First Merchants Corp is primarily active in the financial services industry.

What is the business model of First Merchants?

First Merchants Corp operates as a financial holding company. The company's business model focuses on providing a range of financial services primarily to individuals and businesses. These services include commercial and retail banking, mortgage lending, wealth management, and treasury management services. With a customer-centric approach, First Merchants Corp aims to offer personalized solutions and build long-lasting relationships with its clients. This enables the company to support the financial needs of individuals and businesses within the communities it serves. First Merchants Corp continually strives to deliver exceptional value and enhance shareholder returns through its strong and diversified business model.

What is the P/E ratio of First Merchants 2024?

The P/E ratio cannot be calculated for First Merchants at the moment.

What is the P/S ratio of First Merchants 2024?

The P/S cannot be calculated for First Merchants currently.

What is the AlleAktien quality score of First Merchants?

The AlleAktien quality score for First Merchants is 5/10.

What is the revenue of First Merchants 2024?

The revenue cannot currently be calculated for First Merchants.

How high is the profit of First Merchants 2024?

The profit cannot currently be calculated for First Merchants.

What is the business model of First Merchants

First Merchants Corp is an American holding company in the financial services sector that offers various financial services, including banking services, investment management, insurance, and capital markets advisory. Overall, the company offers its services in over 150 branches in Indiana, Ohio, Michigan, and Illinois. The main business activity of the holding company is First Merchants Bank, which offers a wide range of banking services. This includes personal and commercial loans, checking accounts, savings accounts, investment management, electronic banking services such as online banking, mobile banking services, transfers, and debit cards. The bank also provides specialized credit services such as mortgage financing, agricultural loans, and leasing. First Merchants Insurance Group, a subsidiary of First Merchants Corp, offers a wide range of insurance products, including home insurance, car insurance, life insurance, health insurance, retirement insurance, and liability insurance. The insurance advisors at First Merchants help customers select the right policies to meet their requirements and process claims. First Merchants Investment Services offers investment advisory, asset management, and financial planning services. These services are specifically tailored to the needs of high net worth clients. Financial planning services include retirement planning, legacy planning, wealth transfer planning, estate planning, and college planning. First Merchants Capital Markets, the newest business unit of First Merchants Corp, offers investment banking services to clients. Here, clients can draw on years of experience and expertise and have access to various corporate services such as mergers and acquisitions, equity and debt financing, restructuring advice, and capital market transactions. First Merchants Capital Markets employs a group of experienced investment bankers with extensive experience in various industries. In summary, First Merchants Corp specializes in a wide range of financial services. In the US, the company focuses on four main areas: banking services, investment management, insurance, and capital markets advisory. Customers can benefit from a broad range of products and services based on the expertise of a closely collaborating group of subsidiary companies.

What is the First Merchants dividend?

First Merchants pays a dividend of 0 USD distributed over payouts per year.

How often does First Merchants pay dividends?

The dividend cannot currently be calculated for First Merchants or the company does not pay out a dividend.

What is the First Merchants ISIN?

The ISIN of First Merchants is US3208171096.

What is the First Merchants WKN?

The WKN of First Merchants is 919326.

What is the First Merchants ticker?

The ticker of First Merchants is FRME.

How much dividend does First Merchants pay?

Over the past 12 months, First Merchants paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, First Merchants is expected to pay a dividend of 1.44 USD.

What is the dividend yield of First Merchants?

The current dividend yield of First Merchants is .

When does First Merchants pay dividends?

First Merchants pays a quarterly dividend. This is distributed in the months of December, March, July, October.

How secure is the dividend of First Merchants?

First Merchants paid dividends every year for the past 23 years.

What is the dividend of First Merchants?

For the upcoming 12 months, dividends amounting to 1.44 USD are expected. This corresponds to a dividend yield of 3.95 %.

In which sector is First Merchants located?

First Merchants is assigned to the 'Finance' sector.

Wann musste ich die Aktien von First Merchants kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of First Merchants from 9/20/2024 amounting to 0.35 USD, you needed to have the stock in your portfolio before the ex-date on 9/6/2024.

When did First Merchants pay the last dividend?

The last dividend was paid out on 9/20/2024.

What was the dividend of First Merchants in the year 2023?

In the year 2023, First Merchants distributed 1.25 USD as dividends.

In which currency does First Merchants pay out the dividend?

The dividends of First Merchants are distributed in USD.

All fundamentals about First Merchants

Our stock analysis for First Merchants Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of First Merchants Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.