First Merchants Corp

General ticker "FRME" information:

  • Sector: Financials
  • Industry: Banks
  • Capitalization: $2.5B

First Merchants Corp follows the US Stock Market performance with the rate: 56.8%.

Estimated limits based on current volatility of 2.3%: low 40.28$, high 42.20$

Factors to consider:

  • Company pays dividends: last record date 2024-12-06, amount 0.35$ (Y3.42%)
  • Company does not operate outside North America (retrieved using AI)
  • Earnings for 9 months up through Q3 are close to 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 2023-12-31 to 2025-12-30

  • 2023-12-31 to 2024-12-30 estimated range: [26.87$, 40.42$]
  • 2024-12-30 to 2025-12-30 estimated range: [33.11$, 47.61$]

Financial Metrics affecting the FRME estimates:

  • Positive: Non-GAAP EPS, $ of 3.91 > 2.29
  • Negative: Inventory ratio change, % of 32.62 > 1.08
  • Negative: Investing cash flow per share, $ of -5.81 <= -3.48

Similar symbols

Short-term FRME quotes

Long-term FRME plot with estimates

Financial data

YTD 2021-12-31 2022-12-31 2023-12-31
Operating Revenue $520.00MM $628.14MM $654.31MM
Operating Expenses $279.21MM $287.67MM $395.08MM
Operating Income $240.79MM $340.48MM $259.23MM
Non-Operating Income $0.00MM $-84.80MM $0.00MM
Interest Expense $35.95MM $84.80MM $348.49MM
Income(Loss) $240.79MM $255.67MM $259.23MM
Taxes $35.26MM $33.59MM $35.45MM
Profit(Loss) $205.53MM $222.09MM $223.79MM
Stockholders Equity $1,912.57MM $2,034.77MM $2,247.71MM
Inventory $734.69MM $451.38MM $0.00MM
Assets $15,453.15MM $18,002.20MM $18,405.89MM
Operating Cash Flow $215.34MM $284.29MM $258.83MM
Capital expenditure $64.27MM $0.00MM $0.00MM
Investing Cash Flow $-1,477.40MM $-462.69MM $-344.43MM
Financing Cash Flow $1,236.31MM $133.84MM $75.65MM
Earnings Per Share* $3.82 $3.83 $3.74

* EPS are Split Adjusted, recent splits may be reflected with a delay.