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Ticker
FRMEP

Price
25.70
Stock movement up
+0.17 (0.67%)
Company name
First Merchants Corporation Depository Shares
Exchange
(NASDAQ
,
Currency
USD
)
Sector
Financial Services >
Banks - Regional
Market cap
-
Ent value
16.47B
Price/Sales
-
Price/Book
-
Div yield
7.30%
Div growth
-
Growth years
-
FCF payout
31.29%
Trailing P/E
-
Forward P/E
-
PEG
-
EPS growth
7.28%
1 year return (CAGR)
1.41%
3 year return (CAGR)
-0.39%
5 year return (CAGR)
-0.65%
10 year return (CAGR)
-
Last updated: 2026-02-20

DIVIDENDS

Dividend yield - 5y

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Dividend yield data
Dividend per share1.88
Dividend yield7.30%
Payout frequencyQuarterly
Maximum yield8.21%
Average yield5.62%
Minimum yield-
Discount to avg yield22.98%
Upside potential29.84%
Yield as % of max yield88.95%

Yield distribution (inverse percentile) - 5y

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Yield distribution data
Dividend yield7.30%
Current yield distribution55.71%
Yield at 100% (Min)-
Yield at 90%-
Yield at 80%-
Yield at 50% (Median)7.34%
Yield at 20%7.49%
Yield at 10%7.73%
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 frequencyQuarterly
Ex-div date30 Jan 2026
EPS (TTM)3.93
EPS (1y forward)-
EPS growth (5y)7.28%
EPS growth (5y forward)-

Dividend growth

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Dividend growth data
FRMEPS&P500
DGR MR0.04%-13.74%
DGR TTM-6.60%
DGR 3 years-7.31%
DGR 5 years-4.69%
DGR 10 years-6.30%
DGR 15 years-8.16%
Time since last change announced43 days
EPS growth (5y)7.28%
EPS growth (5y forward)-

Payout ratio

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Payout ratio data
EPS coverageFCF coverage
TTM28.10%31.29%
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 EBITDA75.80

Valuation (Sales/Book Value)

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Valuation (Sales/Book Value) data
Price to Sales-
Price to Book-
EV to Sales15.68

FINANCIALS

Per share

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Per share data
Current share count-
EPS (TTM)3.93
FCF per share (TTM)3.53

Income statement

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Income statement data
Revenue (TTM)1.05B
Gross profit (TTM)640.92M
Operating income (TTM)259.11M
Net income (TTM)226.00M
EPS (TTM)3.93
EPS (1y forward)-

Margins

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Margins data
Gross margin (TTM)60.99%
Operating margin (TTM)24.66%
Profit margin (TTM)21.50%

Balance Sheet

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Balance Sheet data
Cash84.16M
Net receivables93.37M
Total current assets1.58B
Goodwill712.00M
Intangible assets13.80M
Property, plant and equipment0.00
Total assets19.03B
Accounts payable0.00
Short/Current long term debt999.93M
Total current liabilities7.93B
Total liabilities16.56B
Shareholder's equity2.47B
Net tangible assets0.00

Cash flow

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Cash flow data
Operating cash flow (TTM)202.93M
Capital expenditures (TTM)0.00
Free cash flow (TTM)202.93M
Dividends paid (TTM)63.50M

Financial returns

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Financial returns data
Return on Equity9.16%
Return on Assets1.19%
Return on Invested Capital8.66%
Cash Return on Invested Capital7.77%

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STOCK INFORMATION

Stock chart

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Stock price data
Open25.68
Daily high25.70
Daily low25.68
Daily Volume0K
All-time high29.54
1y analyst estimate-
Beta0.93
EPS (TTM)3.93
Dividend per share1.88
Ex-div date30 Jan 2026
Next earnings date22 Apr 2026

Downside potential

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Downside potential data
FRMEPS&P500
Current price drop from All-time high-13.00%-1.82%
Highest price drop-22.65%-56.47%
Date of highest drop9 May 20239 Mar 2009
Avg drop from high-12.06%-10.84%
Avg time to new high53 days12 days
Max time to new high1271 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 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
-
CEO
Country
USA
City
Stock type
-
CCC status
-
Dividend Frequency
Quarterly
EVENTS AND PRESENTATIONS
EventsPresentations
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UNDERSTAND THE BUSINESS
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