First Income Quality from 2010 to 2024
| FRME Stock | USD 43.83 0.65 1.51% |
Income Quality | First Reported 2010-12-31 | Previous Quarter 1.15660944 | Current Value 1.36 | Quarterly Volatility 0.91254714 |
Check First Merchants financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among First Merchants' main balance sheet or income statement drivers, such as Interest Expense of 365.9 M, Other Operating Expenses of 349.7 M or Operating Income of 272.2 M, as well as many indicators such as Price To Sales Ratio of 2.73, Dividend Yield of 0.0353 or PTB Ratio of 1.46. First financial statements analysis is a perfect complement when working with First Merchants Valuation or Volatility modules.
First | Income Quality |
Latest First Merchants' Income Quality Growth Pattern
Below is the plot of the Income Quality of First Merchants over the last few years. It is an assessment of the sustainability of a company's earnings over time, considering factors like revenue source diversification and cost structure. First Merchants' Income Quality historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in First Merchants' overall financial position and show how it may be relating to other accounts over time.
| Income Quality | 10 Years Trend |
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Income Quality |
| Timeline |
First Income Quality Regression Statistics
| Arithmetic Mean | 1.57 | |
| Geometric Mean | 1.41 | |
| Coefficient Of Variation | 58.30 | |
| Mean Deviation | 0.58 | |
| Median | 1.32 | |
| Standard Deviation | 0.91 | |
| Sample Variance | 0.83 | |
| Range | 3.246 | |
| R-Value | (0.47) | |
| Mean Square Error | 0.70 | |
| R-Squared | 0.22 | |
| Significance | 0.08 | |
| Slope | (0.1) | |
| Total Sum of Squares | 11.66 |
First Income Quality History
About First Merchants Financial Statements
First Merchants stakeholders use historical fundamental indicators, such as First Merchants' Income Quality, to determine how well the company is positioned to perform in the future. Although First Merchants investors may analyze each financial statement separately, they are all interrelated. For example, changes in First Merchants' assets and liabilities are reflected in the revenues and expenses on First Merchants' income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in First Merchants. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Income Quality | 1.16 | 1.36 |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether First Merchants is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if First Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about First Merchants Stock. Highlighted below are key reports to facilitate an investment decision about First Merchants Stock:Check out the analysis of First Merchants Correlation against competitors. For information on how to trade First Stock refer to our How to Trade First Stock guide.You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.
Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of First Merchants. If investors know First will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about First Merchants listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.11) | Dividend Share 1.38 | Earnings Share 3.01 | Revenue Per Share 10.11 | Quarterly Revenue Growth (0.05) |
The market value of First Merchants is measured differently than its book value, which is the value of First that is recorded on the company's balance sheet. Investors also form their own opinion of First Merchants' value that differs from its market value or its book value, called intrinsic value, which is First Merchants' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because First Merchants' market value can be influenced by many factors that don't directly affect First Merchants' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between First Merchants' value and its price as these two are different measures arrived at by different means. Investors typically determine if First Merchants is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, First Merchants' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.