First Merchants Corporation
General ticker "FRMEP" information:
- Sector: Financials
- Industry: Banks - Regional
- Capitalization: $2.3B (TTM average)
First Merchants Corporation follows the US Stock Market performance with the rate: 31.1%.
Estimated limits based on current volatility of 0.3%: low 25.72$, high 25.86$
Factors to consider:
- Company pays dividends (quarterly): last record date 2026-01-30, amount 0.47$ (Y7.28%)
- Total employees count: 371 as of 1993
- Price in estimated range
- Earnings for 12 months up through Q4 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 2024-12-31 to 2026-12-31
- 2024-12-31 to 2025-12-31 estimated range: [22.96$, 30.48$]
- 2025-12-31 to 2026-12-31 estimated range: [24.26$, 32.16$]
Financial Metrics affecting the FRMEP estimates:
- Positive: with PPE of 7.4 at the end of fiscal year the price was neutral
- Positive: Operating cash flow per share per price, % of 17.87 > 12.98
- Positive: Operating profit margin, % of 35.83 > 18.47
- Positive: -3.39 < Return on assets ratio (scaled to [-100,100]) of 1.09
- Positive: Industry operating cash flow per share per price (median), % of 10.55 > 10.30
- Negative: Interest expense per share per price, % of 28.66 > 3.31
- Negative: -0.17 < Industry inventory ratio change (median), % of 0
- Negative: Shareholder equity ratio, % of 12.59 <= 19.59
- Negative: -0.75 < Inventory ratio change, % of 0
Short-term FRMEP quotes
Long-term FRMEP plot with estimates
Financial data
| YTD | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating Revenue | $712.95MM | $651.00MM | $646.69MM |
| Operating Expenses | $457.27MM | $391.77MM | $414.97MM |
| Operating Income | $255.67MM | $259.23MM | $231.73MM |
| Interest Expense | $84.80MM | $348.49MM | $426.89MM |
| Income(Loss) | $255.67MM | $259.23MM | $231.73MM |
| Taxes | $33.59MM | $35.45MM | $30.33MM |
| Profit(Loss)* | $222.09MM | $223.79MM | $201.40MM |
| Stockholders Equity | $2,034.77MM | $2,247.71MM | $2,304.98MM |
| Assets | $18,002.20MM | $18,405.89MM | $18,311.97MM |
| Operating Cash Flow | $284.29MM | $258.83MM | $266.21MM |
| Investing Cash Flow | $-462.69MM | $-344.43MM | $-252.42MM |
| Financing Cash Flow | $133.84MM | $75.65MM | $-38.82MM |
| Earnings Per Share** | $3.85 | $3.77 | $3.45 |
* Profit(Loss) attributable to entity.
** EPS are Split Adjusted, recent splits may be reflected with a delay.