First Merchants Statistics
Total Valuation
First Merchants has a market cap or net worth of $2.36 billion. The enterprise value is $3.16 billion.
Important Dates
The next estimated earnings date is Thursday, April 24, 2025, before market open.
Earnings Date | Apr 24, 2025 |
Ex-Dividend Date | Mar 7, 2025 |
Share Statistics
First Merchants has 58.54 million shares outstanding. The number of shares has decreased by -1.61% in one year.
Current Share Class | 58.54M |
Shares Outstanding | 58.54M |
Shares Change (YoY) | -1.61% |
Shares Change (QoQ) | -0.07% |
Owned by Insiders (%) | 1.54% |
Owned by Institutions (%) | 75.34% |
Float | 57.64M |
Valuation Ratios
The trailing PE ratio is 11.84 and the forward PE ratio is 10.42.
PE Ratio | 11.84 |
Forward PE | 10.42 |
PS Ratio | 3.85 |
Forward PS | 3.30 |
PB Ratio | 1.03 |
P/TBV Ratio | 1.53 |
P/FCF Ratio | n/a |
P/OCF Ratio | 8.88 |
PEG Ratio | n/a |
Financial Ratio History Enterprise Valuation
EV / Earnings | 15.83 |
EV / Sales | 5.17 |
EV / EBITDA | n/a |
EV / EBIT | n/a |
EV / FCF | n/a |
Financial Position
Current Ratio | n/a |
Quick Ratio | n/a |
Debt / Equity | n/a |
Debt / EBITDA | n/a |
Debt / FCF | n/a |
Interest Coverage | n/a |
Financial Efficiency
Return on equity (ROE) is 8.85%.
Return on Equity (ROE) | 8.85% |
Return on Assets (ROA) | 1.10% |
Return on Invested Capital (ROIC) | n/a |
Return on Capital Employed (ROCE) | n/a |
Revenue Per Employee | $288,205 |
Profits Per Employee | $94,117 |
Employee Count | 2,120 |
Asset Turnover | n/a |
Inventory Turnover | n/a |
Taxes
In the past 12 months, First Merchants has paid $30.33 million in taxes.
Income Tax | 30.33M |
Effective Tax Rate | 13.09% |
Stock Price Statistics
The stock price has increased by +16.26% in the last 52 weeks. The beta is 1.06, so First Merchants's price volatility has been similar to the market average.
Beta (5Y) | 1.06 |
52-Week Price Change | +16.26% |
50-Day Moving Average | 42.13 |
200-Day Moving Average | 39.15 |
Relative Strength Index (RSI) | 43.42 |
Average Volume (20 Days) | 341,826 |
Short Selling Information
The latest short interest is 324,433, so 0.55% of the outstanding shares have been sold short.
Short Interest | 324,433 |
Short Previous Month | 405,769 |
Short % of Shares Out | 0.55% |
Short % of Float | 0.56% |
Short Ratio (days to cover) | 2.15 |
Income Statement
In the last 12 months, First Merchants had revenue of $610.99 million and earned $199.53 million in profits. Earnings per share was $3.41.
Revenue | 610.99M |
Gross Profit | 610.99M |
Operating Income | 256.10M |
Pretax Income | 211.03M |
Net Income | 199.53M |
EBITDA | n/a |
EBIT | n/a |
Earnings Per Share (EPS) | $3.41 |
Full Income Statement Balance Sheet
The company has $463.64 million in cash and $1.26 billion in debt, giving a net cash position of -$794.99 million or -$13.58 per share.
Cash & Cash Equivalents | 463.64M |
Total Debt | 1.26B |
Net Cash | -794.99M |
Net Cash Per Share | -$13.58 |
Equity (Book Value) | 2.30B |
Book Value Per Share | 39.33 |
Working Capital | -14.37B |
Full Balance Sheet Cash Flow
Operating Cash Flow | 266.21M |
Capital Expenditures | n/a |
Free Cash Flow | n/a |
FCF Per Share | n/a |
Full Cash Flow Statement Margins
Gross Margin | n/a |
Operating Margin | 41.92% |
Pretax Margin | 37.93% |
Profit Margin | 32.96% |
EBITDA Margin | n/a |
EBIT Margin | n/a |
FCF Margin | n/a |
Dividends & Yields
This stock pays an annual dividend of $1.40, which amounts to a dividend yield of 3.47%.
Dividend Per Share | $1.40 |
Dividend Yield | 3.47% |
Dividend Growth (YoY) | 2.94% |
Years of Dividend Growth | 10 |
Payout Ratio | 41.06% |
Buyback Yield | 1.61% |
Shareholder Yield | 5.07% |
Earnings Yield | 8.44% |
FCF Yield | n/a |
Dividend Details Analyst Forecast
The average price target for First Merchants is $47.50, which is 17.60% higher than the current price. The consensus rating is "Buy".
Price Target | $47.50 |
Price Target Difference | 17.60% |
Analyst Consensus | Buy |
Analyst Count | 5 |
Revenue Growth Forecast (5Y) | n/a |
EPS Growth Forecast (5Y) | n/a |
Stock Forecasts Stock Splits
The last stock split was on August 27, 2003. It was a forward split with a ratio of 1.05:1.
Last Split Date | Aug 27, 2003 |
Split Type | Forward |
Split Ratio | 1.05:1 |
Scores
Altman Z-Score | n/a |
Piotroski F-Score | 4 |