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$2.55BExchangeNASDAQ
SectorFinancial ServicesIndustryBanks - Regional
CountryUSCEOMark K. Hardwick
IPO Date1989-06-20CAGR—
Employees2,086Websitewww.firstmerchants.com
Div. Yield3.59%Payout Ratio45%
Buy Back Yield2.16%Total Yield5.75%
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Key metrics

Reported fundamentals and market-derived technical indicators.

Fundamentals Technicals
EV$3.31BP/E12.83Forward P/E9.18PEG1.13
P/S2.27P/B0.97P/CF8.06P/FCF8.11
Sales$1.12BSales 1Y8.13%Sales 3Y18.07%Sales 5Y100.25%
EPS$3.17EPS 1Y-19%EPS 3Y-23.04%EPS 5Y-13.6%
Sales QoQ1.33%EPS QoQ55.71%Sales QoQ Avg3.42%EPS QoQ Avg13.84%
Gross Margin60.04%Operating Margin19.64%Profit Margin17.59%ROCE5.5%
ROA1%ROE8%Altman Z Score-0.49Piotroski Score6
Current Ratio0.21Quick Ratio0.21Cash Ratio0.02Op. CF Ratio0.01
Debt/Equity0.45Debt/Assets0.06Lt Debt/Equity0.41Lt Debt/Cap.0.29
Intrst Cov.0.55Inventory Turnover—Asset Turnover0.05Receivables Turnover11.31
Enterprise Value$3.31BP/E Ratio12.83
Forward P/E9.18PEG Ratio1.13
P/S Ratio2.27P/B Ratio0.97
P/CF Ratio8.06P/FCF Ratio8.11
EPS$3.17EPS Growth 1Y-19%
EPS Growth 3Y-23.04%EPS Growth 5Y-13.6%
Revenue Growth 1Y8.13%Gross Margin60.04%
Operating Margin19.64%Profit Margin17.59%
ROE8%ROA1%
ROCE5.5%Current Ratio0.21
Quick Ratio0.21Cash Ratio0.02
Debt/Equity0.45Interest Coverage0.55
Altman Z Score-0.49Piotroski Score6