First Merchants Corporation stock page - price, fundamentals, dividends - iOCharts

FRME

45.33
-0.45 (-0.98%)
First Merchants Corporation (NASDAQ, USD)
Financial Services >
Banks-Regional
Market cap
2.44B
Ent value
15.10B
Price/Sales
4.97
Price/Book
1.31
Div yield
2.56%
Div growth
15.91%
Growth years
9
FCF payout
27.65%
Trailing P/E
16.45
Forward P/E
13.06
PEG
2.35
EPS growth
14.10%
1 year return
11.24%
3 year return
6.07%
5 year return
4.82%
10 year return
17.47%
Last updated: 2022-01-19

STOCK INFORMATION

Stock chart

Loading...
Stock price data
Open45.62
Daily high45.80
Daily low45.27
Daily Volume155K
All-time high50.04
1y analyst estimate49.00
Beta1.25
EPS (TTM)2.76
Dividend per share1.16
Ex-div date2 Dec 2021
Next earnings date27 Oct 2021

Downside potential

Loading...
Downside potential data
FRMES&P500
Current price drop from All-time high-9.41%-4.44%
Highest price drop-82.97%-56.47%
Date of highest drop17 Dec 20099 Mar 2009
Avg drop from high-22.73%-11.36%
Avg time to new high25 days12 days
Max time to new high2158 days1805 days

DIVIDENDS

Dividend yield - 5y

Loading...
Dividend yield data
Dividend per share1.16
Dividend yield2.56%
Payout frequencyQuarterly
Maximum yield4.76%
Average yield2.53%
Minimum yield1.43%
Discount to avg yield1.09%
Upside potential1.10%
Yield as % of max yield53.71%

Yield distribution (inverse percentile) - 5y

Loading...
Yield distribution data
Dividend yield2.56%
Current yield distribution45.71%
Yield at 100% (Min)1.43%
Yield at 90%1.73%
Yield at 80%1.83%
Yield at 50% (Median)2.52%
Yield at 20%2.89%
Yield at 10%3.88%
Yield at 0% (Max)4.76%

Dividend per share

Loading...
Dividend per share data
Years of growth9 years
CCC statusDividend Challenger
Dividend per share1.16
Payout frequencyQuarterly
Ex-div date2 Dec 2021
EPS (TTM)2.76
EPS (1y forward)3.47
EPS growth (5y)14.10%
EPS growth (5y forward)7.00%

Dividend growth

Loading...
Please create a free account or log in to access this chart
Dividend growth data
FRMES&P500
DGR MR11.54%14.59%
DGR TTM8.65%0.48%
DGR 3 years10.39%3.88%
DGR 5 years15.91%4.73%
DGR 10 years39.67%8.30%
DGR 15 years1.38%5.82%
Time since last change announced254 days
EPS growth (5y)14.10%
EPS growth (5y forward)7.00%

Payout ratio

Loading...
Please create a free account or log in to access this chart
Payout ratio data
EPS coverageFCF coverage
TTM38.05%27.65%
Average--
Forward33.43%-

VALUATION

Valuation Ratios

Loading...
Valuation Ratios data
Trailing P/E16.45
Price to OCF11.93
Price to FCF11.95
Price to EBITDA13.50
EV to EBITDA83.42

Valuation (Sales/Book Value)

Loading...
Valuation (Sales/Book Value) data
Price to Sales4.97
Price to Book1.31
EV to Sales30.68

FINANCIALS

Per share

Loading...
Per share data
Current share count53.92M
EPS (TTM)2.76
FCF per share (TTM)3.79

Income statement

Loading...
Income statement data
Revenue (TTM)492.05M
Gross profit (TTM)445.92M
Operating income (TTM)128.19M
Net income (TTM)148.60M
EPS (TTM)2.76
EPS (1y forward)3.47

Margins

Loading...
Margins data
Gross margin (TTM)90.63%
Operating margin (TTM)26.05%
Profit margin (TTM)30.20%

Balance Sheet

Loading...
Please create a free account or log in to access this chart
Balance Sheet data
Cash538.71M
Net receivables53.08M
Total current assets222.34M
Goodwill545.38M
Intangible assets26.94M
Property, plant and equipment0.00
Total assets15.06B
Accounts payable12.35B
Short/Current long term debt452.71M
Total current liabilities12.54B
Total liabilities13.19B
Shareholder's equity1.87B
Net tangible assets1.30B

Cash flow

Loading...
Please create a free account or log in to access this chart
Cash flow data
Operating cash flow (TTM)204.81M
Capital expenditures (TTM)303.00K
Free cash flow (TTM)204.51M
Dividends paid (TTM)56.54M

Financial returns

Loading...
Please create a free account or log in to access this chart
Financial returns data
Return on Equity7.92%
Return on Assets1.06%
Return on Invested Capital5.62%
Cash Return on Invested Capital7.74%
COMPANY DETAILS
FRME (First Merchants Corporation) company logo
Marketcap
2.44B
Marketcap category
Mid-cap
Description
First Merchants Corporation operates as the financial holding company for First Merchants Bank that provides community banking services. It accepts time, savings, and demand deposits; and provides consumer, commercial, agri-business, and real estate mortgage loans. The company also offers personal and corporate trust; brokerage and private wealth management; and letters of credit, repurchase agreements, and other corporate services. It operates 124 banking locations in Indiana, Illinois, Ohio, and Michigan counties. The company also offers its services through electronic and mobile delivery channels. First Merchants Corporation was founded in 1893 and is headquartered in Muncie, Indiana.
Employees
1907
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
Loading...
UNDERSTAND THE BUSINESS
Loading...
COMPANY NEWS
All newsPress releases
Commerce (CBSH) delivered earnings and revenue surprises of 0% and 1.72%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?
January 19, 2022
Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of First Merchants CorporationGlobal Credit Research - 18 Jan 2022New York, January 18, 2022 -- Moody's In...
January 18, 2022
MUNCIE, Ind., Jan. 06, 2022 (GLOBE NEWSWIRE) -- First Merchants Corporation (Nasdaq:FRME) will report fourth quarter 2021 financial results on January 27, 2022. The Corporation will host a fourth quar...
January 6, 2022
WILMINGTON, Del., Nov. 30, 2021 (GLOBE NEWSWIRE) -- Rigrodsky Law, P.A. announces that it is investigating: Level One Bancorp, Inc. (NASDAQ GS: LEVL) regarding possible breaches of fiduciary duties an...
November 30, 2021
First Merchants Corporation ( NASDAQ:FRME ) is about to trade ex-dividend in the next 4 days. Typically, the...
November 27, 2021
Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC ("KSF") are investigating the proposed sale of Level One Bancorp, Inc. (NasdaqGS: LEVL) to Fi...
November 27, 2021
NEW YORK, Nov. 19, 2021 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, reminds investors of its investigation into whether the officers or direct...
November 20, 2021
MUNCIE, Ind., Nov. 10, 2021 (GLOBE NEWSWIRE) -- First Merchants Corporation declared a cash dividend on November 9, 2021 of $0.29 per share. The dividend is payable on December 17, 2021, to shareholde...
November 10, 2021
WILMINGTON, Del., Nov. 05, 2021 (GLOBE NEWSWIRE) -- Rigrodsky Law, P.A. announces that it is investigating Level One Bancorp, Inc. (“Level One”) (NASDAQ GS: LEVL) regarding possible breaches of fiduci...
November 5, 2021
WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Level One Bancorp, Inc. ("Level One" or the "Company") (NASDAQ: LEVL) in conn...
November 5, 2021
Next page