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FRME First Merchants Corporation
NASDAQ USD Financial Services
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- Market cap
- 3B
- P/E ratio
- 13.49
- Analyst target
- 48
- Dividend yield
- 3.5%
- Beta
- 0.85
Profile
Company facts
- Exchange
- NASDAQ
- Currency
- USD
- Sector
- Financial Services
- Industry
- Banks - Regional
- ISIN
- US3208171096
- Market cap
- 3B
- P/E ratio
- 13.49
- Analyst target
- 48
- Dividend yield
- 3.5%
- Beta
- 0.85
About
About First Merchants Corporation
First Merchants Corporation operates as the financial holding company for First Merchants Bank that provides commercial and consumer banking services. The company offers a range of financial services, including checking, savings, and deposit products; debit and credit cards; mortgages, refinance, construction or renovation of residential properties, agricultural lending, treasury management services and depository products. It also provides personal and commercial wealth management services, brokerage, investment management, private banking, fiduciary estate, and financial planning services. The company operates banking locations in Indiana, Ohio, and Michigan counties. It offers its services through electronic and mobile delivery channels. First Merchants Corporation was founded in 1893 and is headquartered in Muncie, Indiana.
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Investor discussion
1 comment
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5 years, 4 months ago
First Merchants Corporation is currently in a long term downtrend where the price is trading 1.3% below its 200 day moving average.
From a valuation standpoint, the stock is 42.6% cheaper than other stocks from the Financial Services sector with a price to sales ratio of 5.2.
First Merchants Corporation's total revenue rose by 6.5% to $130M since the same quarter in the previous year.
Its net income has dropped by 5.6% to $45M since the same quarter in the previous year.
Finally, its free cash flow grew by 44.0% to $60M since the same quarter in the previous year.
Based on the above factors, First Merchants Corporation gets an overall score of 3/5.