First Merchants Corporation (FRME)
| Market Cap | 2.16B |
| Revenue (ttm) | 611.39M |
| Net Income (ttm) | 220.68M |
| Shares Out | 59.64M |
| EPS (ttm) | 3.81 |
| PE Ratio | 9.52 |
| Forward PE | 8.48 |
| Dividend | $1.28 (3.54%) |
| Ex-Dividend Date | Mar 2, 2023 |
| Volume | 282,201 |
| Open | 35.82 |
| Previous Close | 34.39 |
| Day's Range | 35.56 - 37.93 |
| 52-Week Range | 33.07 - 45.04 |
| Beta | 1.10 |
| Analysts | Buy |
| Price Target | 49.98 (+38.07%) |
| Earnings Date | Apr 25, 2023 |
About FRME
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 company also offers personal and corporate trust; brokerage and private wealth management; and letters of credit, repurchase agreements, and other corporate services. It operates 109 banking locations in Indiana, Illinois, Ohio, and Michigan counties. T... [Read more]
Financial Performance
In 2022, FRME's revenue was $611.39 million, an increase of 17.57% compared to the previous year's $520.00 million. Earnings were $220.68 million, an increase of 7.37%.
Financial StatementsAnalyst Forecast
According to 12 analysts, the average rating for FRME stock is "Buy." The 12-month stock price forecast is $49.98, which is an increase of 38.07% from the latest price.
News
First Merchants (FRME) Surges 6.0%: Is This an Indication of Further Gains?
First Merchants (FRME) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down...
First Merchants Corporation Announces Cash Dividend
MUNCIE, Ind., Feb. 08, 2023 (GLOBE NEWSWIRE) -- First Merchants Corporation (NASDAQ: FRME) declared a cash dividend on February 7, 2023 of $0.32 per share. The dividend is payable on March 17, 2023, t...
FIRST MERCHANTS CORPORATION APPOINTS DR. MUNG CHIANG TO ITS BOARDS OF DIRECTORS
MUNCIE, Ind. , Feb. 8, 2023 /PRNewswire/ -- First Merchants Corporation, an $18 billion financial holding company, has appointed Dr. Mung Chiang to the Board of Directors of First Merchants Corporatio...
First Merchants Corporation Appoints Dr. Mung Chiang to Its Boards of Directors
MUNCIE, Ind., Feb. 08, 2023 (GLOBE NEWSWIRE) -- First Merchants Corporation, an $18 billion financial holding company, has appointed Dr. Mung Chiang to the Board of Directors of First Merchants Corpor...
First Merchants (FRME) Q4 Earnings and Revenues Beat Estimates
First Merchants (FRME) delivered earnings and revenue surprises of 1.71% and 1%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?
First Merchants Corporation Announces Record Fourth Quarter and Full Year 2022 Results
MUNCIE, Ind., Jan. 26, 2023 (GLOBE NEWSWIRE) -- First Merchants Corporation (NASDAQ - FRME)
First Merchants Corporation Announces Cash Dividend on Its Preferred Stock
MUNCIE, Ind., Jan. 20, 2023 (GLOBE NEWSWIRE) -- First Merchants Corporation has declared a quarterly cash dividend of $46.88 per share on its 7.50% Non-Cumulative Perpetual Preferred Stock Series A, r...
First Merchants Corporation to Report Fourth Quarter 2022 Financial Results, Host Conference Call and Webcast
MUNCIE, Ind., Jan. 05, 2023 (GLOBE NEWSWIRE) -- First Merchants Corporation (Nasdaq:FRME) will report fourth quarter 2022 financial results on January 26, 2023. The Corporation will host a fourth quar...
First Merchants (FRME) is on the Move, Here's Why the Trend Could be Sustainable
First Merchants (FRME) could be a solid choice for shorter-term investors looking to capitalize on the recent price trend in fundamentally sound stocks. It is one of the many stocks that passed throug...
What Makes First Merchants (FRME) a Good Fit for "Trend Investing"
First Merchants (FRME) made it through our "Recent Price Strength" screen and could be a great choice for investors looking to make a profit from stocks that are currently on the move.
First Merchants (FRME) Surpasses Q3 Earnings and Revenue Estimates
First Merchants (FRME) delivered earnings and revenue surprises of 1.82% and 1.27%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?
First Merchants Corporation Announces Third Quarter 2022 Earnings Per Share
MUNCIE, Ind., Oct. 25, 2022 (GLOBE NEWSWIRE) -- First Merchants Corporation (NASDAQ - FRME)
Why First Merchants (FRME) is a Great Dividend Stock Right Now
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does First Merchants (FRME) have what it takes?
First Merchants Corporation Announces Cash Dividend On Its Preferred Stock
MUNCIE, Ind., Oct. 20, 2022 (GLOBE NEWSWIRE) -- First Merchants Corporation has declared a quarterly cash dividend of $46.88 per share on its 7.50% Non-Cumulative Perpetual Preferred Stock Series A, r...
First Merchants (FRME) Reports Next Week: Wall Street Expects Earnings Growth
First Merchants (FRME) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Best Dividend Stocks to Buy Now According to the Zacks Rank
Invest in stocks like Bank of Princeton (BPRN), Buckle (BKE), Conagra Brands (CAG), First Merchants (FRME) and Ameren (AEE) for a steady stream of income.
First Merchants (FRME) Could Be a Great Choice
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does First Merchants (FRME) have what it takes?
First Merchants Corporation to Report Third Quarter 2022 Financial Results, Host Conference Call and Webcast
MUNCIE, Ind., Oct. 04, 2022 (GLOBE NEWSWIRE) -- First Merchants Corporation (Nasdaq:FRME) will report third quarter 2022 financial results on October 25, 2022. The Corporation will host a third quarte...
First Merchants (FRME) Upgraded to Buy: What Does It Mean for the Stock?
First Merchants (FRME) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Why First Merchants (FRME) is a Top Dividend Stock for Your Portfolio
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does First Merchants (FRME) have what it takes?
First Merchants (FRME) is a Top Dividend Stock Right Now: Should You Buy?
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does First Merchants (FRME) have what it takes?
First Merchants (FRME) Surpasses Q2 Earnings and Revenue Estimates
First Merchants (FRME) delivered earnings and revenue surprises of 14.77% and 3.54%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?
First Merchants Corporation Announces Second Quarter 2022 Earnings per Share
MUNCIE, Ind., July 26, 2022 (GLOBE NEWSWIRE) -- First Merchants Corporation (NASDAQ - FRME)
First Merchants (FRME) Expected to Beat Earnings Estimates: Should You Buy?
First Merchants (FRME) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
This is Why First Merchants (FRME) is a Great Dividend Stock
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does First Merchants (FRME) have what it takes?