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Company ProfileFirst Merchants Corporation
  • Company Overview
  • Financial Data
  • Peer Comparison
  • Ownership & News
  • Discussion
FRMEP
First Merchants Corporation Stock AnalysisComprehensive stock analysis for First Merchants Corporation (FRMEP) including live price, Snowflake performance metrics, financial statements, and investment research.Stock AnalysisFRMEP
FRMEP
First Merchants Corporation
  • Company Overview
  • Financial Data
  • Peer Comparison
  • Ownership & News
  • Discussion
FRMEP
Home🔹Stocks🔹First Merchants Corporation

First Merchants Corporation

🇺🇸FRMEP•NASDAQ

First Merchants Corporation

🇺🇸FRMEP•NASDAQ
Market cap
$2.56B
Sentiment

Your view on FRMEP

Mkt Cap
$2.56B
Sentiment
Your view
Company Overview

Overview

What the company does, where it operates, and who runs it.

About First Merchants Corporation

Industry
Banks - Regional
Sector
Financial Services
CEO
Michael C. Rechin
Headquarters
200 East Jackson Street, Muncie, IN, US
Industry
Banks - Regional
Sector
Financial Services
CEO
Michael C. Rechin
Headquarters
200 East Jackson Street, Muncie, IN, US
Description

First Merchants Corporation operates as the financial holding company for First Merchants Bank that provides community banking services. It accepts time, savings, and demand deposits; and provides consumer, commercial, agri-business, and real estate mortgage loans, as well as public finance.

The company also offers personal and corporate trust; brokerage and private wealth management; and letters of credit, repurchase agreements, and other corporate services. It operates 109 banking locations in Indiana, Illinois, Ohio, and Michigan counties. The company also offers its services through electronic and mobile delivery channels.

First Merchants Corporation was founded in 1893 and is headquartered in Muncie, Indiana.

Financial Data

Stock Data

Price chart, volume, and trading data.

Fair Value

What FRC thinks it is worth vs. the current price.

FRC's fair value estimate for First Merchants Corporation, and the rating behind it. FRMEP last traded at $25.38, 12.7× trailing earnings — the estimate is read against that market price. FRC analysts run the firm's valuation model across the companies on this platform to estimate what each one is worth, rather than republishing a consensus average. Shows the current estimate, our rating, and when it was last revised. A free account covers 7 company valuations a month; a paid subscription is unlimited.

Financial Ratios

Profitability, returns, valuation, and leverage ratios.

Valuation, profitability, liquidity and leverage ratios for First Merchants Corporation. Starting points for First Merchants Corporation: P/E 12.7, EPS $3.16, beta 0.85 — an Banks - Regional name. P/E, P/B, EV/EBITDA, margins, return on equity, current ratio and debt coverage, each shown against the company's own history.

Dividend Analysis

Yield, payout ratio, and dividend coverage metrics.

Dividend history, yield and payout sustainability for First Merchants Corporation. First Merchants Corporation paid $1.88 per share over the last year — a 7.4% yield at the current $25.38 price. Per-share payments, yield over time, payout ratio and growth streak, with coverage measured against free cash flow.

Earnings Analysis

EPS history, beat rate, and upcoming earnings reports.

Reported vs. expected earnings history for First Merchants Corporation. Trailing twelve-month EPS for First Merchants Corporation stands at $3.16. EPS surprises by quarter, revenue against estimates, and the upcoming reporting date.

Financial Statements

Income statement, balance sheet, and cash flow statements.

Income statement, balance sheet and cash flow history for First Merchants Corporation. First Merchants Corporation has reported as a listed company since 2020. Annual and quarterly filings with period-over-period comparison, so you can trace how revenue, margins and cash generation have moved.

Peer Comparison

Comparables

List of peer companies in the same industry.

First Merchants Corporation valued side by side against its closest peers. First Merchants Corporation is measured against Banks - Regional peers within the Financial Services sector. Peer-relative multiples and operating metrics, so the valuation is read in the context of its own sector rather than in isolation.

Ownership & News

Institutional Ownership

Premium

Which funds and firms own the stock.

Which institutions hold First Merchants Corporation, and how their positions are changing. At a $2.56B market value, institutional positions materially move First Merchants Corporation's register. Top holders, position sizes, and quarter-over-quarter accumulation or distribution from regulatory filings. Included with FRC Premium.

Insider Trading

Premium

Recent buying and selling by company executives.

Buying and selling by First Merchants Corporation executives and directors. Shares of First Merchants Corporation have traded between $24.15 and $26.27 over the past 52 weeks — context for the timing of the transactions below. Insider transactions as disclosed to regulators, with role, size and date — the clearest read on how the people running the company are positioned. Included with FRC Premium.

Senate Trading

Premium

U.S. Senator disclosures filed under the STOCK Act.

U.S. Senate disclosures naming First Merchants Corporation. First Merchants Corporation is a $2.56B Financial Services company. Senators' reported transactions in this security, alongside the fundamentals — a signal most research platforms leave out entirely. Included with FRC Premium.

House Trading

Premium

U.S. Representative disclosures filed under the STOCK Act.

U.S. House of Representatives disclosures naming First Merchants Corporation. Representatives' reported transactions in this security, shown next to the company's fundamentals. Included with FRC Premium.

News

Latest headlines and market coverage.

Latest headlines and company announcements for First Merchants Corporation. Coverage tracks First Merchants Corporation within Banks - Regional (Financial Services). Press releases and market coverage, newest first.

Discussion

Comments

Comments and replies from FRC members about this company.

Peer companies

  • BANRBanner Corporation
  • BFCBank First Corporation
  • BUSEFirst Busey Corporation
  • FCFFirst Commonwealth Financial Corporation
  • FFBCFirst Financial Bancorp.
  • GABCGerman American Bancorp, Inc.
  • LKFNLakeland Financial Corporation
  • MBWMMercantile Bank Corporation

More Banks - Regional companies

  • CBGPFClose Brothers Group plc
  • CBGPYClose Brothers Group plc
  • CBHCCBC Holding Company
  • CBKCommercial Bancgroup, Inc. Common Stock
  • CBKMConsumers Bancorp, Inc.
  • CBNAChain Bridge Bancorp, Inc.
  • CBNKCapital Bancorp, Inc.
  • CBSHCommerce Bancshares, Inc.
  • CBSUCentral Bank Corporation
  • CBTNCitizens Bancorp Investment, Inc.
  • CBUCommunity Bank System, Inc.
  • CBWACommencement Bancorp Inc.
FRMEP Analysis
Fair
Past1
Growth5
Health3
Profit2
Value3

News

Latest Market News

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