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
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.