First Merchants Corp FRME
About Quantitative Ratings
Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.
News
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Old Second Bancorp, Inc. and First Merchants Corporation Announce Transaction Involving Chicagoland Branch Operations
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First Merchants Corporation Announces Cash Dividend
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First Merchants Corporation Announces Second Quarter 2024 Earnings Per Share
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First Merchants Corporation Announces Cash Dividend on Its Preferred Stock
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First Merchants Corporation to Report Second Quarter 2024 Financial Results, Host Conference Call and Webcast
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Wells Fargo exec sees the most loan stress in older office buildings
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Regional banks facing credit losses for commercial real estate: Moody's study
Trading Information
- Previous Close Price
- $36.79
- Day Range
- $36.49–37.21
- 52-Week Range
- $25.70–42.45
- Bid/Ask
- $14.61 / $58.43
- Market Cap
- $2.15 Bil
- Volume/Avg
- 163,325 / 251,033
Key Statistics
- Price/Earnings (Normalized)
- 10.98
- Price/Sales
- 3.44
- Dividend Yield (Trailing)
- 3.76%
- Dividend Yield (Forward)
- 3.82%
- Total Yield
- 5.99%
Company Profile
First Merchants Corp, through its subsidiaries, provides its customers with financial services delivered locally by bankers. It offers personal banking, business banking, real estate mortgage lending, cash management services, brokerage, wealth management, and insurance. The company reports in only one segment which is community banking.
- Sector
- Financial Services
- Industry
- Banks - Regional
- Stock Style Box
- Small Value
- Total Number of Employees
- 2,162
- Website
- https://www.firstmerchants.com
Comparables
Valuation
|
Metric
|
FRME
|
GBFH
|
DBIN
|
|---|---|---|---|
Price/Earnings (Normalized) | 10.98 | 19.62 | 13.23 |
Price/Book Value | 0.97 | 2.40 | 0.90 |
Price/Sales | 3.44 | 5.24 | 2.40 |
Price/Cash Flow | 7.94 | — | 10.19 |
Price/Earnings
FRME
GBFH
DBIN
Financial Strength
|
Metric
|
FRME
|
GBFH
|
DBIN
|
|---|---|---|---|
Quick Ratio | — | — | — |
Current Ratio | — | — | — |
Interest Coverage | — | — | — |
Quick Ratio
No chart available
Profitability
|
Metric
|
FRME
|
GBFH
|
DBIN
|
|---|---|---|---|
Return on Assets (Normalized) | 1.08% | 1.59% | 0.63% |
Return on Equity (Normalized) | 9.12% | 13.71% | 6.68% |
Return on Invested Capital (Normalized) | — | — | — |
Return on Assets
FRME
GBFH
DBIN
Banks - Regional Industry Comparables
|
1-Day Chart
|
Name
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Morningstar Rating for Stocks
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United States