FIRST MERCHANTS CORP (FRME) Stock Price, Forecast & Analysis
USA - NASDAQ:FRME - US3208171096 - Common Stock
FRME Key Statistics, Chart & Performance
The current stock price of FRME is 36.24 USD. In the past month the price increased by 1.48%. In the past year, price decreased by -16.65%.
FRME Latest News, Press Relases and Analysis
FRME Competitors/Peers
Symbol | Company Name | TA | FA | PE | Market Cap |
|---|---|---|---|---|---|
| TFC | TRUIST FINANCIAL CORP | 11.93 | 57.39B | ||
| HBANL | HUNTINGTON BANCSHARES - HBAN 6 7/8 PERP | 17.69 | 36.91B | ||
| HBANM | HUNTINGTON BANCSHARES - HBAN 5.7 PERP | 15.82 | 33.01B | ||
| BBT | BEACON FINANCIAL CORP | 10.85 | 32.34B | ||
| MTB | M & T BANK CORP | 11.51 | 28.89B | ||
| HBANP | HUNTINGTON BANCSHARES - HBAN 4 1/2 PERP | 12.2 | 25.47B | ||
| HBAN | HUNTINGTON BANCSHARES INC | 11 | 22.96B | ||
| CFG | CITIZENS FINANCIAL GROUP | 14.48 | 22.30B | ||
| RF | REGIONS FINANCIAL CORP | 11 | 22.09B | ||
| VLYPN | VALLEY NATIONAL BANCORP - VLY 8 1/4 PERP | 31.28 | 14.36B | ||
| EWBC | EAST WEST BANCORP INC | 11.34 | 14.17B | ||
| VLYPP | VALLEY NATIONAL BANCORP - VLY 8.11311 PERP | 30.79 | 14.13B |
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About FRME
Company Profile
First Merchants Corp. (Indiana) is a bank holding company, which engages in the provision of financial services. The company is headquartered in Muncie, Indiana and currently employs 2,120 full-time employees. The firm has one full-service bank charter, First Merchants Bank (the Bank). The Bank also operates as First Merchants Private Wealth Advisors (as a division of First Merchants Bank). Through the Bank, the Company offers a broad range of commercial and consumer banking services to meet the diverse needs of its customers. Its commercial banking team offers a full spectrum of debt capital, treasury management services and depository products. The consumer banking group offers a variety of consumer deposit and lending products. The mortgage banking team offers consumer mortgage solutions to assist with the purchase, refinance, construction or renovation of residential properties. Private Wealth Advisors offers personal wealth management services with expertise in investment management, private banking, fiduciary estate and financial planning. The Bank includes about 110 banking locations in Indiana, Ohio, and Michigan.
Company Info
FIRST MERCHANTS CORP
200 East Jackson Street, Po Box 792
Muncie INDIANA 47305 US
CEO: Mark K. Hardwick
Employees: 2120
Phone: 17657471500
FIRST MERCHANTS CORP / FRME FAQ
Can you describe the business of FIRST MERCHANTS CORP?
First Merchants Corp. (Indiana) is a bank holding company, which engages in the provision of financial services. The company is headquartered in Muncie, Indiana and currently employs 2,120 full-time employees. The firm has one full-service bank charter, First Merchants Bank (the Bank). The Bank also operates as First Merchants Private Wealth Advisors (as a division of First Merchants Bank). Through the Bank, the Company offers a broad range of commercial and consumer banking services to meet the diverse needs of its customers. Its commercial banking team offers a full spectrum of debt capital, treasury management services and depository products. The consumer banking group offers a variety of consumer deposit and lending products. The mortgage banking team offers consumer mortgage solutions to assist with the purchase, refinance, construction or renovation of residential properties. Private Wealth Advisors offers personal wealth management services with expertise in investment management, private banking, fiduciary estate and financial planning. The Bank includes about 110 banking locations in Indiana, Ohio, and Michigan.
What is the stock price of FIRST MERCHANTS CORP today?
The current stock price of FRME is 36.24 USD. The price increased by 0.25% in the last trading session.
Does FIRST MERCHANTS CORP pay dividends?
FIRST MERCHANTS CORP (FRME) has a dividend yield of 4.04%. The yearly dividend amount is currently 1.42.
How is the ChartMill rating for FIRST MERCHANTS CORP?
FRME has a ChartMill Technical rating of 1 out of 10 and a ChartMill Fundamental rating of 5 out of 10.
Where is FIRST MERCHANTS CORP (FRME) stock traded?
FRME stock is listed on the Nasdaq exchange.
What is the ownership structure of FIRST MERCHANTS CORP (FRME)?
You can find the ownership structure of FIRST MERCHANTS CORP (FRME) on the Ownership tab.
Can you provide the short interest for FRME stock?
The outstanding short interest for FIRST MERCHANTS CORP (FRME) is 1.78% of its float.
FRME Technical Analysis
ChartMill assigns a technical rating of 1 / 10 to FRME. When comparing the yearly performance of all stocks, FRME is a bad performer in the overall market: 79.01% of all stocks are doing better.
FRME Fundamental Analysis
ChartMill assigns a fundamental rating of 5 / 10 to FRME. While FRME is still in line with the averages on profitability rating, there are concerns on its financial health.
FRME Financial Highlights
Over the last trailing twelve months FRME reported a non-GAAP Earnings per Share(EPS) of 3.66. The EPS increased by 9.25% compared to the year before.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PM (TTM) | 34.03% | ||
| ROA | 1.2% | ||
| ROE | 9.53% | ||
| Debt/Equity | 0.11 |
FRME Forecast & Estimates
12 analysts have analysed FRME and the average price target is 46.92 USD. This implies a price increase of 29.47% is expected in the next year compared to the current price of 36.24.
For the next year, analysts expect an EPS growth of 20.59% and a revenue growth 3.06% for FRME