First Merchants Corporation (FRME) Financial Analysis & Valuation | Quarter Chart

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 com... more
First Merchants Corporation operates as the financial holding company for First Merchants Bank that ... more

Company facts

Reported company information and share structure.

Company Share structure
Market Cap$2.52BExchangeNASDAQ
SectorFinancial ServicesIndustryBanks - Regional
CountryUSCEOMark K. Hardwick
IPO Date1989-06-20CAGR—
Employees2,086Websitewww.firstmerchants.com
Div. Yield3.6%Payout Ratio47%
Buy Back Yield2.48%Total Yield6.08%
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Key metrics

Reported fundamentals and market-derived technical indicators.

Fundamentals Technicals
EV$3.60BP/E12.67Forward P/E8.94PEG-0.44
P/S3.05P/B0.95P/CF9.02P/FCF9.11
Sales$840.76MSales 1Y-18.92%Sales 3Y-5.23%Sales 5Y52.54%
EPS$3.17EPS 1Y-18.91%EPS 3Y-28.05%EPS 5Y-9.01%
Sales QoQ-80.21%EPS QoQ52.17%Sales QoQ Avg-20.75%EPS QoQ Avg-0.09%
Gross Margin62.72%Operating Margin24.46%Profit Margin22.12%ROCE4.6%
ROA1%ROE7%Altman Z Score-0.47Piotroski Score6
Current Ratio0.24Quick Ratio0.24Cash Ratio0.04Op. CF Ratio0
Debt/Equity0.59Debt/Assets0.08Lt Debt/Equity0.56Lt Debt/Cap.0.36
Intrst Cov.0.52Inventory Turnover—Asset Turnover0.04Receivables Turnover8.25
Enterprise Value$3.60BP/E Ratio12.67
Forward P/E8.94PEG Ratio-0.44
P/S Ratio3.05P/B Ratio0.95
P/CF Ratio9.02P/FCF Ratio9.11
EPS$3.17EPS Growth 1Y-18.91%
EPS Growth 3Y-28.05%EPS Growth 5Y-9.01%
Revenue Growth 1Y-18.92%Gross Margin62.72%
Operating Margin24.46%Profit Margin22.12%
ROE7%ROA1%
ROCE4.6%Current Ratio0.24
Quick Ratio0.24Cash Ratio0.04
Debt/Equity0.59Interest Coverage0.52
Altman Z Score-0.47Piotroski Score6