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Ticker
FRMEP

Price
25.05
Stock movement up
+- (%)
Company name
First Merchants Corporation Depository Shares
Exchange
(NASDAQ
,
Currency
USD
)
Sector
Financial Services >
Banks - Regional
Market cap
-
Ent value
15.60B
Price/Sales
-
Price/Book
-
Div yield
7.49%
Div growth
-
Growth years
-
FCF payout
30.86%
Trailing P/E
-
Forward P/E
-
PEG
-
EPS growth
3.13%
1 year return
-1.89%
3 year return
-1.63%
5 year return
-
10 year return
-
Last updated: 2025-04-11

DIVIDENDS

Dividend yield - 5y

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Dividend yield data
Dividend per share1.88
Dividend yield7.49%
Payout frequency-
Maximum yield8.21%
Average yield7.47%
Minimum yield6.84%
Discount to avg yield0.30%
Upside potential0.30%
Yield as % of max yield91.26%

Yield distribution (inverse percentile) - 5y

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Yield distribution data
Dividend yield7.49%
Current yield distribution32.61%
Yield at 100% (Min)6.84%
Yield at 90%7.21%
Yield at 80%7.29%
Yield at 50% (Median)7.40%
Yield at 20%7.71%
Yield at 10%7.81%
Yield at 0% (Max)8.21%

Dividend per share

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Dividend per share data
Years of growth-
CCC status-
Dividend per share1.88
Payout frequency-
Ex-div date31 Jan 2025
EPS (TTM)3.08
EPS (1y forward)-
EPS growth (5y)3.13%
EPS growth (5y forward)-

Dividend growth

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Dividend growth data
FRMEPS&P500
DGR MR0.04%-13.74%
DGR TTM0.01%6.60%
DGR 3 years-5.24%
DGR 5 years-5.40%
DGR 10 years-7.07%
DGR 15 years-6.12%
Time since last change announced180 days
EPS growth (5y)3.13%
EPS growth (5y forward)-

Payout ratio

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Payout ratio data
EPS coverageFCF coverage
TTM46.44%30.86%
Average--
Forward--

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VALUATION

Valuation Ratios

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Valuation Ratios data
Trailing P/E-
Price to OCF-
Price to FCF-
Price to EBITDA-
EV to EBITDA148.22

Valuation (Sales/Book Value)

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Valuation (Sales/Book Value) data
Price to Sales-
Price to Book-
EV to Sales16.47

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FINANCIALS

Per share

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Per share data
Current share count-
EPS (TTM)3.08
FCF per share (TTM)4.64

Income statement

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Income statement data
Revenue (TTM)947.16M
Gross profit (TTM)1.06B
Operating income (TTM)229.61M
Net income (TTM)179.53M
EPS (TTM)3.08
EPS (1y forward)-

Margins

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Margins data
Gross margin (TTM)111.51%
Operating margin (TTM)24.24%
Profit margin (TTM)18.95%

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)270.19M
Capital expenditures (TTM)0.00
Free cash flow (TTM)270.19M
Dividends paid (TTM)83.37M

Financial returns

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Financial returns data
Return on Equity7.80%
Return on Assets0.98%
Return on Invested Capital5.31%
Cash Return on Invested Capital7.99%

STOCK INFORMATION

Stock chart

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Stock price data
Open25.05
Daily high25.05
Daily low25.05
Daily Volume0K
All-time high29.54
1y analyst estimate-
Beta1.02
EPS (TTM)3.08
Dividend per share1.88
Ex-div date31 Jan 2025
Next earnings date23 Apr 2025

Downside potential

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Downside potential data
FRMEPS&P500
Current price drop from All-time high-15.20%-12.89%
Highest price drop-22.65%-56.47%
Date of highest drop9 May 20239 Mar 2009
Avg drop from high-11.86%-11.07%
Avg time to new high47 days12 days
Max time to new high1060 days1805 days

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COMPANY DETAILS
FRMEP (First Merchants Corporation Depository Shares) company logo
Marketcap
-
Marketcap category
Small-cap
Description
First Merchants Corporation operates as the financial holding company for First Merchants Bank that provides community banking services. The company offers a range of financial services, including time, savings, and demand deposits; and consumer, commercial, agri-business, public finance, and real estate mortgage loans. It also provides personal and corporate trust; brokerage and private wealth management; and letters of credit, repurchase agreements, and other corporate services. The company operates banking locations in Indiana, Illinois, Ohio, and Michigan counties. It also offers its services through electronic and mobile delivery channels. First Merchants Corporation was founded in 1893 and is headquartered in Muncie, Indiana.
Employees
2162
Investor relations
-
CEO
Country
USA
City
Stock type
-
CCC status
-
Dividend Frequency
-
EVENTS AND PRESENTATIONS
EventsPresentations
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UNDERSTAND THE BUSINESS
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