First Merchants Stock Today

FRMEP Stock  USD 25.85  0.32  1.25%   

Performance

9 of 100

 
Weak
 
Strong
OK

Odds Of Distress

Less than 5

 
High
 
Low
Very Low
First Merchants is selling at 25.85 as of the 28th of November 2024; that is 1.25 percent up since the beginning of the trading day. The stock's last reported lowest price was 25.85. First Merchants has under 5 % chance of experiencing financial distress over the next 2 years but had a somewhat ok performance during the last 90 days. Equity ratings for First Merchants are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 29th of October 2024 and ending today, the 28th of November 2024. Click here to learn more.
Business Domain
Banks
IPO Date
1st of April 2022
Category
Financial Services
Classification
Financials
First Merchants Corporation operates as the financial holding company for First Merchants Bank that provides community banking services. First Merchants Corporation was founded in 1893 and is headquartered in Muncie, Indiana. First Merchants operates under BanksRegional classification in the United States and is traded on NASDAQ Exchange. More on First Merchants

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First Stock Highlights

ESG Sustainability
Environmental
Governance
Social
Business ConcentrationRegional Banks, Banks - Regional, Financial Services, Financials, Banks, Banks—Regional, Financial Services (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Return On Assets0.01130.0122
Significantly Down
Slightly volatile
Asset Turnover0.04750.0355
Significantly Up
Slightly volatile
Gross Profit Margin0.80.9
Fairly Down
Slightly volatile
Total Current Liabilities10.9 B10.4 B
Sufficiently Up
Slightly volatile
Non Current Liabilities Total17 B16.2 B
Sufficiently Up
Slightly volatile
Total Assets19.3 B18.4 B
Sufficiently Up
Slightly volatile
Total Current Assets2.7 B1.8 B
Way Up
Pretty Stable
Total Cash From Operating Activities271.8 M258.8 M
Sufficiently Up
Slightly volatile
First Merchants can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand First Merchants' financial leverage. It provides some insight into what part of First Merchants' total assets is financed by creditors.
Liquidity
First Merchants has accumulated 871.5 M in total debt. Note, when we think about First Merchants' use of debt, we should always consider it together with its cash and equity.

Dividends Paid

86.03 Million
First Merchants (FRMEP) is traded on NASDAQ Exchange in USA. It is located in 200 East Jackson Street, Muncie, IN, United States, 47305-2814 and employs 2,162 people. First Merchants is listed under Regional Banks category by Fama And French industry classification. The company classifies itself under Banks sector and is part of Financials industry. First Merchants has accumulated about 299.12 M in cash with 258.83 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 5.06.
Check First Merchants Probability Of Bankruptcy
Ownership Allocation
The majority of First Merchants outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to obtain positions in First Merchants to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in First Merchants. Please pay attention to any change in the institutional holdings of First Merchants as this could imply that something significant has changed or is about to change at the company.
Check First Ownership Details

First Merchants Historical Income Statement

At this time, First Merchants' Depreciation And Amortization is relatively stable compared to the past year. As of 11/28/2024, Interest Expense is likely to grow to about 365.9 M, while Net Interest Income is likely to drop slightly above 471.7 M. View More Fundamentals

First Stock Against Markets

First Merchants Corporate Management

Julie CrabtreeCorporate VPProfile
Michael RechinAdvisor DirectorProfile
Marcos CFAChief OfficerProfile
Michael StewartPresidentProfile
Steven HarrisSenior OfficerProfile
John MartinExecutive OfficerProfile
Karen EvensVP MarketingProfile

Additional Tools for First Stock Analysis

When running First Merchants' price analysis, check to measure First Merchants' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy First Merchants is operating at the current time. Most of First Merchants' value examination focuses on studying past and present price action to predict the probability of First Merchants' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move First Merchants' price. Additionally, you may evaluate how the addition of First Merchants to your portfolios can decrease your overall portfolio volatility.