First Merchants Statistics
Total Valuation
First Merchants has a market cap or net worth of $2.14 billion. The enterprise value is $3.00 billion.
Important Dates
The last earnings date was Wednesday, July 23, 2025, after market close.
Earnings Date | Jul 23, 2025 |
Ex-Dividend Date | Jun 6, 2025 |
Share Statistics
First Merchants has 57.73 million shares outstanding. The number of shares has decreased by -1.74% in one year.
Current Share Class | 57.73M |
Shares Outstanding | 57.73M |
Shares Change (YoY) | -1.74% |
Shares Change (QoQ) | -0.81% |
Owned by Insiders (%) | 1.59% |
Owned by Institutions (%) | 77.32% |
Float | 56.81M |
Valuation Ratios
The trailing PE ratio is 9.63 and the forward PE ratio is 9.68.
PE Ratio | 9.63 |
Forward PE | 9.68 |
PS Ratio | 3.36 |
Forward PS | 2.96 |
PB Ratio | 0.92 |
P/TBV Ratio | 1.34 |
P/FCF Ratio | n/a |
P/OCF Ratio | 8.25 |
PEG Ratio | n/a |
Financial Ratio History Enterprise Valuation
EV / Earnings | 13.39 |
EV / Sales | 4.69 |
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 9.90%.
Return on Equity (ROE) | 9.90% |
Return on Assets (ROA) | 1.22% |
Return on Invested Capital (ROIC) | n/a |
Return on Capital Employed (ROCE) | n/a |
Revenue Per Employee | $301,284 |
Profits Per Employee | $105,581 |
Employee Count | 2,120 |
Asset Turnover | n/a |
Inventory Turnover | n/a |
Taxes
In the past 12 months, First Merchants has paid $35.60 million in taxes.
Income Tax | 35.60M |
Effective Tax Rate | 13.62% |
Stock Price Statistics
The stock price has decreased by -8.05% in the last 52 weeks. The beta is 1.03, so First Merchants's price volatility has been similar to the market average.
Beta (5Y) | 1.03 |
52-Week Price Change | -8.05% |
50-Day Moving Average | 38.60 |
200-Day Moving Average | 39.92 |
Relative Strength Index (RSI) | 34.65 |
Average Volume (20 Days) | 350,441 |
Short Selling Information
The latest short interest is 669,856, so 1.16% of the outstanding shares have been sold short.
Short Interest | 669,856 |
Short Previous Month | 873,215 |
Short % of Shares Out | 1.16% |
Short % of Float | 1.18% |
Short Ratio (days to cover) | 1.81 |
Income Statement
In the last 12 months, First Merchants had revenue of $638.72 million and earned $223.83 million in profits. Earnings per share was $3.85.
Revenue | 638.72M |
Gross Profit | 638.72M |
Operating Income | 284.34M |
Pretax Income | 211.03M |
Net Income | 223.83M |
EBITDA | n/a |
EBIT | n/a |
Earnings Per Share (EPS) | $3.85 |
Full Income Statement Balance Sheet
The company has $362.47 million in cash and $1.22 billion in debt, giving a net cash position of -$855.16 million or -$14.81 per share.
Cash & Cash Equivalents | 362.47M |
Total Debt | 1.22B |
Net Cash | -855.16M |
Net Cash Per Share | -$14.81 |
Equity (Book Value) | 2.35B |
Book Value Per Share | 40.56 |
Working Capital | -14.59B |
Full Balance Sheet Cash Flow
Operating Cash Flow | 259.71M |
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 | 44.52% |
Pretax Margin | 40.91% |
Profit Margin | 35.34% |
EBITDA Margin | n/a |
EBIT Margin | n/a |
FCF Margin | n/a |
Dividends & Yields
This stock pays an annual dividend of $1.44, which amounts to a dividend yield of 3.88%.
Dividend Per Share | $1.44 |
Dividend Yield | 3.88% |
Dividend Growth (YoY) | 2.92% |
Years of Dividend Growth | 13 |
Payout Ratio | 36.60% |
Buyback Yield | 1.74% |
Shareholder Yield | 5.62% |
Earnings Yield | 10.45% |
FCF Yield | n/a |
Dividend Details Analyst Forecast
The average price target for First Merchants is $44.50, which is 19.95% higher than the current price. The consensus rating is "Buy".
Price Target | $44.50 |
Price Target Difference | 19.95% |
Analyst Consensus | Buy |
Analyst Count | 4 |
Revenue Growth Forecast (5Y) | n/a |
EPS Growth Forecast (5Y) | n/a |
Stock Forecasts Fair Value
There are several formulas that can be used to estimate the intrinsic value of a stock.
Lynch Fair Value | |
Lynch Upside | |
Graham Number | |
Graham Upside | |
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 |