First Merchants Corporation
General ticker "FRME" information:
- Sector: Financials
- Industry: Banks - Regional
- Capitalization: $2.2B (TTM average)
First Merchants Corporation follows the US Stock Market performance with the rate: 31.8%.
Estimated limits based on current volatility of 1.1%: low 39.38$, high 40.25$
Factors to consider:
- Company pays dividends (quarterly): last record date 2026-03-06, amount 0.36$ (Y3.70%)
- Total employees count: 2120 as of 2024
- Top business risk factors: Operational and conduct risks, Cybersecurity threats, Market risk, Third-party risks, Environmental liabilities
- Price in estimated range
- Earnings for 3 months up through Q1 exceed our estimates
Stock Forecast*
* forecast is subjective and experimental, should not be used for any investment decisions
Long term estimates were made for the period from 2025-12-31 to 2027-12-31
- 2025-12-31 to 2026-12-31 estimated range: [31.32$, 43.22$]
- 2026-12-31 to 2027-12-31 estimated range: [30.15$, 42.11$]
Financial Metrics affecting the FRME estimates:
- Positive: with PPE of 9.8 at the end of fiscal year the price was neutral
- Positive: Operating profit margin, % of 24.67 > 18.39
- Positive: 6.59 < Operating cash flow per share per price, % of 12.83
- Negative: Investing cash flow per share per price, % of -34.99 <= -14.17
- Positive: Inventory ratio change, % of 0 <= 0
- Negative: Shareholder equity ratio, % of 12.97 <= 19.24
- Negative: -0.16 < Industry inventory ratio change (median), % of 0
- Positive: Industry operating cash flow per share per price (median), % of 10.80 > 10.39
- Positive: Industry earnings per price (median), % of 7.25 > 4.45
Short-term FRME quotes
Long-term FRME plot with estimates
Financial data
| YTD | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|
| Operating Revenue | $651.00MM | $1,053.60MM | $1,050.20MM |
| Operating Expenses | $477.57MM | $821.88MM | $791.09MM |
| Operating Income | $173.43MM | $231.73MM | $259.11MM |
| Non-Operating Income | $85.80MM | $0.00MM | $0.00MM |
| Interest Expense | $348.49MM | $426.89MM | $388.78MM |
| Income(Loss) | $259.23MM | $231.73MM | $259.11MM |
| Taxes | $35.45MM | $30.33MM | $33.11MM |
| Net Income(Loss)* | $223.79MM | $201.40MM | $226.00MM |
| Stockholders Equity | $2,247.71MM | $2,304.98MM | $2,466.67MM |
| Assets | $18,405.89MM | $18,311.97MM | $19,025.10MM |
| Operating Cash Flow | $258.83MM | $266.21MM | $283.65MM |
| Investing Cash Flow | $-344.43MM | $-252.42MM | $-773.82MM |
| Financing Cash Flow | $75.65MM | $-38.82MM | $486.72MM |
| Earnings Per Share** | $3.77 | $3.45 | $3.92 |
* Profit(Loss) attributable to entity.
** EPS are Split Adjusted, recent splits may be reflected with a delay.