Financhill
Buy
68

FRME Quote, Financials, Valuation and Earnings

Last price:
$37.59
Seasonality move :
7.19%
Day range:
$37.20 - $37.70
52-week range:
$33.13 - $45.62
Dividend yield:
3.78%
P/E ratio:
9.41x
P/S ratio:
2.10x
P/B ratio:
0.91x
Volume:
230.2K
Avg. volume:
239.6K
1-year change:
-14.02%
Market cap:
$2.2B
Revenue:
$1.1B
EPS (TTM):
$3.99

Analysts' Opinion

  • Consensus Rating
    First Merchants Corp. (Indiana) has received a consensus rating of Leans Bullish. The company's average rating is a Leans Bullish based on 2 Buy ratings, 2 Hold ratings, and 0 Sell ratings.
  • Price Target Upside
    According to analysts' consensus price target of $45.60, First Merchants Corp. (Indiana) has an estimated upside of 21.28% from its current price of $37.60.
  • Price Target Downside
    According to analysts, the lowest downside price target is $43.00 representing 100% downside risk from its current price of $37.60.

Fair Value

  • According to the consensus of 4 analysts, First Merchants Corp. (Indiana) has 21.28% upside to fair value with a price target of $45.60 per share.

FRME vs. S&P 500

  • Over the past 5 trading days, First Merchants Corp. (Indiana) has overperformed the S&P 500 by 1.15% suggesting its relative strength compared to the major market average is strong at this time.

Share Buyback

  • First Merchants Corp. (Indiana) does have a share repurchase program in place at this time. The scale of a buyback program can materially affect share price and usually results in a higher earnings per share, all else being equal, when the share count drops.

Revenue Growth

  • First Merchants Corp. (Indiana) has grown year-over-year revenues for 1 quarter straight. In the most recent quarter First Merchants Corp. (Indiana) reported revenues of $267.5M.

Earnings Growth

  • First Merchants Corp. (Indiana) has grown year-over-year earnings for 4 quarters straight. In the most recent quarter First Merchants Corp. (Indiana) reported earnings per share of $0.98.
Enterprise value:
3.4B
EV / Invested capital:
0.94x
Price / LTM sales:
2.10x
EV / EBIT:
5.11x
EV / Revenue:
3.25x
PEG ratio (5yr expected):
0.29x
EV / Free cash flow:
12.49x
Price / Operating cash flow:
8.05x
Enterprise value / EBITDA:
--
Gross Profit (TTM):
--
Return On Assets:
1.26%
Net Income Margin (TTM):
22.48%
Return On Equity:
9.97%
Return On Invested Capital:
6.61%
Operating Margin:
24.41%
Trailing 12 Months Fiscal Quarters
Period Ending 2023-09-30 2024-09-30 2025-09-30 2024-09-30 2025-09-30
Income Statement
Revenue $949.4M $1.1B $1B $265M $267.5M
Gross Profit -- -- -- -- --
Operating Income $295.7M $202M $250.3M $56.3M $65.3M
EBITDA -- -- -- -- --
Diluted EPS $4.21 $3.02 $3.99 $0.84 $0.98
Period Ending 2021-09-30 2022-09-30 2023-09-30 2024-09-30 2025-09-30
Balance Sheet
Current Assets $632M $519.3M $705.8M $627.9M $436.9M
Total Assets $15.1B $17.7B $18B $18.3B $18.8B
Current Liabilities $2.7B $15.1B $14.8B $14.3B $4.2B
Total Liabilities $13.2B $15.8B $15.9B $16B $16.4B
Total Equity $1.9B $1.9B $2.1B $2.3B $2.4B
Total Debt $659.2M $795.1M $872M $926.2M $856.3M
Trailing 12 Months Fiscal Quarters
Period Ending 2023-09-30 2024-09-30 2025-09-30 2024-09-30 2025-09-30
Cash Flow Statement
Cash Flow Operations $296.1M $284.8M $270.4M $76.8M $87.6M
Cash From Investing -$275.6M -$258.5M -$724.6M -$68.2M -$143.3M
Cash From Financing -$14.8M -$66.8M $457.5M -$29.3M $62.3M
Free Cash Flow $296.1M $284.8M $270.4M $76.8M $87.6M
FRME
Sector
Market Cap
$2.2B
$555.9M
Price % of 52-Week High
82.42%
89.84%
Dividend Yield
3.78%
1.65%
Shareholder Yield
5.56%
3.16%
1-Year Price Total Return
-14.02%
1.51%
Beta (5-Year)
0.962
0.481
Dividend yield:
3.78%
Annualized payout:
$1.39
Payout ratio:
36.74%
Growth streak:
13 years

Technicals

8-day SMA
Buy
Level $37.10
200-day SMA
Sell
Level $38.45
Bollinger Bands (100)
Sell
Level 36.31 - 40.23
Chaikin Money Flow
Buy
Level 29.6M
20-day SMA
Buy
Level $36.34
Relative Strength Index (RSI14)
Buy
Level 58.75
ADX Line
Buy
Level 18.65
Williams %R
Sell
Level -3.2895
50-day SMA
Buy
Level $36.69
MACD (12, 26)
Buy
Level 0.20
25-day Aroon Oscillator
Buy
Level 40
On Balance Volume
Neutral
Level 21.9M

Financial Scores

Sell
Altman Z-Score (Annual)
Level (-0.2621)
Sell
CA Score (Annual)
Level (-2.0081)
--
Beneish M-Score (Annual)
Level (--)
Sell
Momentum Score
Level (5)
Sell
Ohlson Score
Level (3.8062)
Buy
Piotroski F Score (Annual)
Level (6)
Buy
Quality Ratio Score
Level (2)
Buy
Fundamental Score
Level (8)

Revenue Forecast

Earnings per Share Forecast

Company Profile

First Merchants Corp. (Indiana) is a bank holding company, which engages in the provision of financial services. It also offers personal banking, business banking, mortgage lending, treasury management services, and wealth management. The company was founded in September 1982 and is headquartered in Muncie, IN.

Stock Forecast FAQ

In the current month, FRME has received 2 Buy ratings 2 Hold ratings, and 0 Sell ratings. The FRME average analyst price target in the past 3 months is $45.60.

  • Where Will First Merchants Corp. (Indiana) Stock Be In 1 Year?

    According to analysts, the consensus estimate is that First Merchants Corp. (Indiana) share price will rise to $45.60 per share over the next 12 months.

  • What Do Analysts Say About First Merchants Corp. (Indiana)?

    Analysts are divided on their view about First Merchants Corp. (Indiana) share price and where it will be in the next 12 months. The majority of analysts rate the stock a Buy. However, a smaller subset of analysts suggest that First Merchants Corp. (Indiana) is a Sell and believe this share price will drop from its current level to $43.00.

  • What Is First Merchants Corp. (Indiana)'s Price Target?

    The price target for First Merchants Corp. (Indiana) over the next 1-year time period is forecast to be $45.60 according to 4 Wall Street analysts, 2 of them rate the stock a Buy, 0 rate the stock a Sell, and 2 analysts rate the stock a Hold.

  • Is FRME A Buy, Sell Or Hold?

    According to Wall Street analysts, the consensus rating for First Merchants Corp. (Indiana) is a Leans Bullish. 2 of 4 analysts rate the stock a Leans Bullish at this time.

  • How Can I Buy Shares Of FRME?

    You can purchase shares of First Merchants Corp. (Indiana) via an online brokerage firm such as TD Ameritrade.com, thinkorswim.com, e-trade.com, or Schwab.com. Many other digital online brokerages exist such as RobinHood and Webull where you can purchase First Merchants Corp. (Indiana) shares.

  • What Is The First Merchants Corp. (Indiana) Share Price Today?

    First Merchants Corp. (Indiana) was last trading at $37.59 per share. This represents the most recent stock quote for First Merchants Corp. (Indiana). Yesterday, First Merchants Corp. (Indiana) closed at $37.60 per share.

  • How To Buy First Merchants Corp. (Indiana) Stock Online?

    In order to purchase First Merchants Corp. (Indiana) stock online, open a brokerage account, deposit funds into the account, and select an order type to purchase shares whether it be market or limit.

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