First Merchants Corporation
General ticker "FRME" information:
- Sector: Financials
- Industry: Banks
- Capitalization: $2.3B (TTM average)
First Merchants Corporation follows the US Stock Market performance with the rate: 24.6%.
Estimated limits based on current volatility of 0.9%: low 37.10$, high 37.75$
Factors to consider:
- Company pays dividends (quarterly): last record date 2025-09-05, amount 0.36$ (Y3.83%)
- 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 9 months up through Q3 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: [35.26$, 46.42$]
- 2025-12-31 to 2026-12-31 estimated range: [34.51$, 46.48$]
Financial Metrics affecting the FRME estimates:
- Negative: with PPE of 12.0 at the end of fiscal year the price was very high
- Positive: Operating profit margin, % of 35.83 > 18.64
- Positive: Industry operating cash flow per share per price (median), % of 10.66 > 10.33
- Negative: Shareholder equity ratio, % of 12.59 <= 18.93
- Positive: Industry earnings per price (median), % of 6.49 > 4.43
- Positive: Industry inventory ratio change (median), % of 0 <= 0
- Positive: 6.82 < Operating cash flow per share per price, % of 11.29
- Positive: -14.38 < Investing cash flow per share per price, % of -10.70
Short-term FRME quotes
Long-term FRME 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.