The current stock price of FRMEP is 26.03 USD. In the past month the price increased by 1.56%. In the past year, price increased by 1.09%.
Symbol | Company Name | TA | FA | PE | Market Cap |
|---|---|---|---|---|---|
| TFC | TRUIST FINANCIAL CORP | 12.1 | 58.18B | ||
| HBANL | HUNTINGTON BANCSHARES - HBAN 6 7/8 PERP | 17.86 | 37.27B | ||
| HBANM | HUNTINGTON BANCSHARES - HBAN 5.7 PERP | 15.7 | 32.76B | ||
| BBT | BEACON FINANCIAL CORP | 10.7 | 31.89B | ||
| MTB | M & T BANK CORP | 11.61 | 29.14B | ||
| HBANP | HUNTINGTON BANCSHARES - HBAN 4 1/2 PERP | 11.97 | 24.98B | ||
| HBAN | HUNTINGTON BANCSHARES INC | 11.1 | 23.18B | ||
| CFG | CITIZENS FINANCIAL GROUP | 14.65 | 22.56B | ||
| RF | REGIONS FINANCIAL CORP | 10.97 | 22.05B | ||
| VLYPN | VALLEY NATIONAL BANCORP - VLY 8 1/4 PERP | 31.28 | 14.36B | ||
| VLYPP | VALLEY NATIONAL BANCORP - VLY 8.11311 PERP | 30.8 | 14.14B | ||
| EWBC | EAST WEST BANCORP INC | 11.52 | 14.40B |
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.
FIRST MERCHANTS CORP - FRME 7 1/2 PERP
200 East Jackson Street, Po Box 792
Muncie INDIANA US
Employees: 2120
Phone: 17657471500
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.
The current stock price of FRMEP is 26.03 USD. The price decreased by -0.6% in the last trading session.
FIRST MERCHANTS CORP - FRME 7 1/2 PERP (FRMEP) has a dividend yield of 3.98%. The yearly dividend amount is currently 1.42.
FRMEP has a ChartMill Technical rating of 7 out of 10 and a ChartMill Fundamental rating of 4 out of 10.
The PE ratio for FIRST MERCHANTS CORP - FRME 7 1/2 PERP (FRMEP) is 7.11. This is based on the reported non-GAAP earnings per share of 3.66 and the current share price of 26.03 USD.
FIRST MERCHANTS CORP - FRME 7 1/2 PERP (FRMEP) has a market capitalization of 1.51B USD. This makes FRMEP a Small Cap stock.
The outstanding short interest for FIRST MERCHANTS CORP - FRME 7 1/2 PERP (FRMEP) is 0% of its float.
ChartMill assigns a technical rating of 7 / 10 to FRMEP. When comparing the yearly performance of all stocks, FRMEP turns out to be only a medium performer in the overall market: it outperformed 55.17% of all stocks.
ChartMill assigns a fundamental rating of 4 / 10 to FRMEP. There are concerns on the financial health of FRMEP while its profitability can be described as average.
Over the last trailing twelve months FRMEP 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) | 34.65% | ||
| ROA | 1.23% | ||
| ROE | 9.59% | ||
| Debt/Equity | 0.16 |
12 analysts have analysed FRMEP and the average price target is 33.48 USD. This implies a price increase of 28.61% is expected in the next year compared to the current price of 26.03.
For the next year, analysts expect an EPS growth of 20.59% and a revenue growth 3.06% for FRMEP