First Merchants Corporation
General ticker "FRME" information:
- Sector: Financials
- Industry: Banks
- Capitalization: $2.2B (TTM average)
First Merchants Corporation follows the US Stock Market performance with the rate: 65.2%.
Estimated limits based on current volatility of 1.5%: low 35.18$, high 36.22$
Factors to consider:
- Company pays dividends (quarterly): last record date 2025-03-07, amount 0.35$ (Y3.93%)
- 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 2024-12-31 to 2026-12-31
- 2024-12-31 to 2025-12-31 estimated range: [34.39$, 46.12$]
- 2025-12-31 to 2026-12-31 estimated range: [29.96$, 41.54$]
Financial Metrics affecting the FRME estimates:
- Positive: Non-GAAP EPS, $ of 3.37 > 2.19
- Negative: Shareholder equity ratio, % of 12.59 <= 22.52
- Positive: Operating profit margin, % of 35.83 > 18.46
- Negative: Interest expense per share, $ of 7.29 > 0.67
- Positive: 6.49 < Industry operating cash flow per share per price (median), % of 9.45
- Negative: Operating cash flow per share per price, % of 10.67 <= 12.73
- Positive: Industry operating profit margin (median), % of 31.09 > 9.44
Short-term FRME quotes
Long-term FRME plot with estimates
Financial data
YTD | 2022-12-31 | 2023-12-31 | 2024-12-31 |
---|---|---|---|
Operating Revenue | $628.14MM | $651.00MM | $646.69MM |
Operating Expenses | $287.67MM | $391.77MM | $414.97MM |
Operating Income | $340.48MM | $259.23MM | $231.73MM |
Non-Operating Income | $-84.80MM | $0.00MM | $0.00MM |
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 |
Inventory | $451.38MM | $0.00MM | $0.00MM |
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.