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Ticker
FRME

Price
35.76
Stock movement up
+0.12 (0.34%)
Company name
First Merchants Corporation
Exchange
(NASDAQ
,
Currency
USD
)
Sector
Financial Services >
Banks - Regional
Market cap
2.06B
Ent value
17.67B
Price/Sales
2.18
Price/Book
0.90
Div yield
4.03%
Div growth
9.79%
Growth years
9
FCF payout
-
Trailing P/E
11.50
Forward P/E
9.09
PEG
1.64
EPS growth
3.18%
1 year return
-3.77%
3 year return
-
5 year return
-
10 year return
-
Last updated: 2025-10-30

DIVIDENDS

Dividend yield - 5y

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Dividend yield data
Dividend per share1.44
Dividend yield4.03%
Payout frequencyQuarterly
Maximum yield4.10%
Average yield3.60%
Minimum yield3.09%
Discount to avg yield10.66%
Upside potential11.93%
Yield as % of max yield98.17%

Yield distribution (inverse percentile) - 5y

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Yield distribution data
Dividend yield4.03%
Current yield distribution3.38%
Yield at 100% (Min)3.09%
Yield at 90%3.21%
Yield at 80%3.36%
Yield at 50% (Median)3.60%
Yield at 20%3.85%
Yield at 10%3.92%
Yield at 0% (Max)4.10%

Dividend per share

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Dividend per share data
Years of growth9 years
CCC statusDividend Challenger
Dividend per share1.44
Payout frequencyQuarterly
Ex-div date5 Sep 2025
EPS (TTM)-
EPS (1y forward)3.94
EPS growth (5y)3.18%
EPS growth (5y forward)7.00%

Dividend growth

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Dividend growth data
FRMES&P500
DGR MR2.86%-13.74%
DGR TTM4.41%6.60%
DGR 3 years8.82%5.24%
DGR 5 years9.79%5.40%
DGR 10 years22.23%7.07%
DGR 15 years2.54%6.12%
Time since last change announced170 days
EPS growth (5y)3.18%
EPS growth (5y forward)7.00%

Payout ratio

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Payout ratio data
EPS coverageFCF coverage
TTM--
Average--
Forward36.59%-

VALUATION

Valuation Ratios

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Valuation Ratios data
Trailing P/E11.50
Price to OCF7.64
Price to FCF7.64
Price to EBITDA19.61
EV to EBITDA167.83

Valuation (Sales/Book Value)

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Valuation (Sales/Book Value) data
Price to Sales2.18
Price to Book0.90
EV to Sales18.65

FINANCIALS

Per share

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Per share data
Current share count57.73M
EPS (TTM)-
FCF per share (TTM)-

Income statement

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Income statement data
Revenue (TTM)-
Gross profit (TTM)-
Operating income (TTM)-
Net income (TTM)-
EPS (TTM)-
EPS (1y forward)3.94

Margins

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Margins data
Gross margin (TTM)-
Operating margin (TTM)-
Profit margin (TTM)-

Balance Sheet

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Balance Sheet data
Cash443.85M
Net receivables92.06M
Total current assets1.73B
Goodwill712.00M
Intangible assets21.60M
Property, plant and equipment0.00
Total assets18.35B
Accounts payable18.09M
Short/Current long term debt926.19M
Total current liabilities14.27B
Total liabilities16.05B
Shareholder's equity2.30B
Net tangible assets0.00

Cash flow

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Cash flow data
Operating cash flow (TTM)-
Capital expenditures (TTM)-
Free cash flow (TTM)-
Dividends paid (TTM)-

Financial returns

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Financial returns data
Return on Equity-
Return on Assets-
Return on Invested Capital-
Cash Return on Invested Capital-

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STOCK INFORMATION

Stock chart

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Stock price data
Open35.55
Daily high36.31
Daily low35.52
Daily Volume186K
All-time high50.04
1y analyst estimate46.83
Beta1.10
EPS (TTM)-
Dividend per share1.44
Ex-div date5 Sep 2025
Next earnings date28 Jan 2026

Downside potential

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Downside potential data
FRMES&P500
Current price drop from All-time high-28.54%-1.10%
Highest price drop-31.79%-19.00%
Date of highest drop11 Apr 20258 Apr 2025
Avg drop from high-20.87%-2.76%
Avg time to new high-5 days
Max time to new high266 days89 days
COMPANY DETAILS
FRME (First Merchants Corporation) company logo
Marketcap
2.06B
Marketcap category
Mid-cap
Description
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, home equity lending, vehicle loans, and personal loans; and local commercial lending, asset-based lending solutions, agricultural lending, commercial real estate solutions, debt capital markets, practice finance, public finance, small business administration lending, and sponsor finance services. It also provides personal and commercial wealth management services, trust services, retirement planning, 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.
Employees
2120
Investor relations
SEC filings
CEO
Michael Rechin
Country
USA
City
Muncie
Stock type
Common stock
CCC status
Dividend Challenger
Dividend Frequency
Quarterly
EVENTS AND PRESENTATIONS
EventsPresentations
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UNDERSTAND THE BUSINESS
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