First Merchants (FRME) Stock Price
First Merchants Price
Over the last 19 years First Merchants grew revenue by 8.3% annually, reaching 661.42 M USD. Earnings per share have grown at 4.7% per year over the last 19 years. For First Merchants, the net margin of 34.2% is down versus 39.5% a few years ago. At today's price the dividend yield works out to roughly 3.59%. The payout ratio is around 36% of earnings. The dividend has grown at 2.3% per year over the past 19 years. The consensus 12-month price target for First Merchants is 47.00 USD, about 17.9% above where the stock trades today. Of 12 analysts, 9 rate the stock a buy — an overall Buy consensus.
First Merchants stock price
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First Merchants business model & stock analysis
Frequently asked questions about 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.
First Merchants Corp is primarily active in the financial services industry.
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.
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.
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.
First Merchants Corp primarily operates in the United States, focusing on various regions across Indiana, Ohio, Michigan, and Illinois.
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.
Analysts currently set an average price target of 47.00 USD for the First Merchants stock (median: 47.00 USD), implying +17.9 % versus the latest price. The consensus is based on 12 analyst ratings.
12 analysts currently rate the First Merchants stock: 9 recommend buying, 3 holding and 0 selling. For 2026, analysts expect First Merchants to generate revenue of 805.02 M USD and earnings per share of 3.56 USD.
Converted at the current exchange rate, the First Merchants share trades at 35.50 EUR (39.88 USD).
The First Merchants share (FRME) is listed on 2 stock exchanges, including: NASDAQ (FRME), Frankfurt (FM5.F).
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.
The expected revenue of First Merchants is 805.02 M USD. This figure is based on current financial data and reflects the company's business performance.
The expected profit of First Merchants is 204.67 M USD. The net profit reflects the company's profitability after deducting all expenses.
The price-to-earnings ratio (P/E) of First Merchants is currently 11.19. The P/E ratio compares the current share price to the earnings per share and helps investors assess the valuation of the First Merchants stock.
The price-to-sales ratio (P/S) of First Merchants is currently 2.85. The P/S ratio compares the market capitalization to the annual revenue and serves as a valuation metric for the First Merchants stock.
The Eulerpool Quality Score for First Merchants is 6/10.
The ISIN of First Merchants is US3208171096. The ISIN (International Securities Identification Number) is a globally unique identifier for securities.
The WKN of First Merchants is 919326. The WKN (Wertpapierkennnummer) is a six-digit German security identification number.
The ticker of First Merchants is FRME. The ticker symbol is used to trade First Merchants shares on the stock exchange.
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All fundamentals and in-depth analysis of First Merchants
Our stock analysis for First Merchants 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. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.