Summary
36.95 -0.10(-0.27%)11/01/2024
First Merchants Corp. (FRME)
First Merchants Corp. (FRME)
Key Facts
| 1 Day | 1 Week | 1 Month | 3 Months | 6 Months | 1 Year | 5 Years | All Time |
| -0.27 | 3.39 | 2.81 | -4.27 | 8.17 | 35.45 | 4.00 | 1,634.74 |
Last 730 data points are shown. To view all data, Upgrade to PRO plan with only $1
| Trading Data | ||
| Close | 36.95 | |
| Open | 37.41 | |
| High | 37.56 | |
| Low | 36.86 | |
| Volume | 188,971 | |
| Change | -0.10 | |
| Change % | -0.27 | |
| Avg Volume (20 Days) | 243,979 | |
| Volume/Avg Volume (20 Days) Ratio | 0.77 | |
| 52 Week Range | 26.85 - 42.45 | |
| Price vs 52 Week High | -12.96% | |
| Price vs 52 Week Low | 37.62% | |
| Range | -1.23 | |
| Gap Up/Down | -0.56 | |
Fundamentals | ||
| Market Capitalization (Mln) | 2,152 | |
| EBIDTA | 0 | |
| PE Ratio | 10.3699 | |
| PEG Ratio | 2.6800 | |
| WallStreet Target Price | 41.50 | |
| Book Value | 37.5600 | |
| Earnings Per Share | 3.4600 | |
| EPS Estimate Current Quarter | 0.8200 | |
| EPS Estimate Next Quarter | 0.8500 | |
| EPS Estimate Current Year | 3.3000 | |
| EPS Estimate Next Year | 3.4600 | |
| Diluted EPS (TTM) | 3.4600 | |
| Revenues | ||
| Profit Marging | 0.3296 | |
| Operating Marging (TTM) | 0.4057 | |
| Return on asset (TTM) | 0.0114 | |
| Return on equity (TTM) | 0.0955 | |
| Revenue TTM | 630,086,976 | |
| Revenue per share TTM | 10.6310 | |
| Quarterly Revenue Growth (YOY) | -0.1030 | |
| Quarterly Earnings Growth (YOY) | -0.2520 | |
| Gross Profit (TTM) | 611,389,000 | |
| Dividends | ||
| Dividend Share | 1.3600 | |
| Dividend Yield | 0.0390 | |
| Valuations | ||
| Trailing PE | 10.3699 | |
| Forward PE | 10.0301 | |
| Price Sales (TTM) | 0.0000 | |
| Price Book (MRQ) | 0.8829 | |
| Revenue Enterprise Value | 0.0000 | |
| EBITDA Enterprise Value | 0.0000 | |
| Shares | ||
| Shares Outstanding | 58,564,800 | |
| Shares Float | 57,728,959 | |
| Shares Short | 0 | |
| Shares Short (Prior Month) | 0 | |
| Shares Ratio | 0.00 | |
| Short Outstanding (%) | 0.00 | |
| Short Float (%) | 0.01 | |
| Insider (%) | 1.47 | |
| Institutions (%) | 75.83 | |
10/24 16:29 EST - seekingalpha.com
First Merchants Corporation (FRME) Q3 2024 Earnings Call Transcript
First Merchants Corporation (NASDAQ:FRME ) Q3 2024 Earnings Conference Call October 24, 2024 11:30 AM ET Company Participants Mark Hardwick - Chief Executive Officer Michael Stewart - President Michele Kawiecki - Chief Financial Officer John Martin - Chief Credit Officer Conference Call Participants Terry McEvoy - Stephens Nathan Race - Piper Sandler Damon DelMonte - KBW Daniel Tamayo - Raymond James Brendan Nosal - Hovde Group Brian Martin - Janney Operator Welcome to the First Merchants Corporation Third Quarter 2024 Earnings Conference Call. Before we begin, management would like to remind you that today's call contains forward looking statements with respect to the future performance and financial condition of First Merchants Corporation that involves risks and uncertainties.
First Merchants Corporation (FRME) Q3 2024 Earnings Call Transcript
First Merchants Corporation (NASDAQ:FRME ) Q3 2024 Earnings Conference Call October 24, 2024 11:30 AM ET Company Participants Mark Hardwick - Chief Executive Officer Michael Stewart - President Michele Kawiecki - Chief Financial Officer John Martin - Chief Credit Officer Conference Call Participants Terry McEvoy - Stephens Nathan Race - Piper Sandler Damon DelMonte - KBW Daniel Tamayo - Raymond James Brendan Nosal - Hovde Group Brian Martin - Janney Operator Welcome to the First Merchants Corporation Third Quarter 2024 Earnings Conference Call. Before we begin, management would like to remind you that today's call contains forward looking statements with respect to the future performance and financial condition of First Merchants Corporation that involves risks and uncertainties.
10/24 12:31 EST - zacks.com
First Merchants (FRME) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates
The headline numbers for First Merchants (FRME) give insight into how the company performed in the quarter ended September 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
First Merchants (FRME) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates
The headline numbers for First Merchants (FRME) give insight into how the company performed in the quarter ended September 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
10/24 10:16 EST - zacks.com
First Merchants (FRME) Tops Q3 Earnings Estimates
First Merchants (FRME) came out with quarterly earnings of $0.95 per share, beating the Zacks Consensus Estimate of $0.91 per share. This compares to earnings of $0.94 per share a year ago.
First Merchants (FRME) Tops Q3 Earnings Estimates
First Merchants (FRME) came out with quarterly earnings of $0.95 per share, beating the Zacks Consensus Estimate of $0.91 per share. This compares to earnings of $0.94 per share a year ago.
10/24 08:00 EST - globenewswire.com
First Merchants Corporation Announces Third Quarter 2024 Earnings per Share
MUNCIE, Ind., Oct. 24, 2024 (GLOBE NEWSWIRE) -- First Merchants Corporation (NASDAQ - FRME) Third Quarter 2024 Highlights: Net income available to common stockholders was $48.7 million and diluted earnings per common share totaled $0.84, compared to $55.9 million and $0.94 in the third quarter of 2023, and $39.5 million and $0.68 in the second quarter of 2024.
First Merchants Corporation Announces Third Quarter 2024 Earnings per Share
MUNCIE, Ind., Oct. 24, 2024 (GLOBE NEWSWIRE) -- First Merchants Corporation (NASDAQ - FRME) Third Quarter 2024 Highlights: Net income available to common stockholders was $48.7 million and diluted earnings per common share totaled $0.84, compared to $55.9 million and $0.94 in the third quarter of 2023, and $39.5 million and $0.68 in the second quarter of 2024.
10/15 15:00 EST - globenewswire.com
First Merchants Corporation Announces Cash Dividend on Its Preferred Stock
MUNCIE, Ind., Oct. 15, 2024 (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, represented by depositary shares (NASDAQ: FRMEP) each representing a 1/100th interest in a share of the Series A preferred stock. Holders of depositary shares will receive $0.4688 per depositary share. The dividend will be payable on November 15, 2024, to stockholders of record on October 31, 2024.
First Merchants Corporation Announces Cash Dividend on Its Preferred Stock
MUNCIE, Ind., Oct. 15, 2024 (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, represented by depositary shares (NASDAQ: FRMEP) each representing a 1/100th interest in a share of the Series A preferred stock. Holders of depositary shares will receive $0.4688 per depositary share. The dividend will be payable on November 15, 2024, to stockholders of record on October 31, 2024.
10/03 10:00 EST - globenewswire.com
First Merchants Corporation to Report Third Quarter 2024 Financial Results, Host Conference Call and Webcast
MUNCIE, Ind., Oct. 03, 2024 (GLOBE NEWSWIRE) -- First Merchants Corporation (Nasdaq:FRME) will report third quarter 2024 financial results on October 24, 2024. The Corporation will host a third quarter 2024 earnings conference call and webcast at 11:30 a.m. (ET) on Thursday, October 24, 2024.
First Merchants Corporation to Report Third Quarter 2024 Financial Results, Host Conference Call and Webcast
MUNCIE, Ind., Oct. 03, 2024 (GLOBE NEWSWIRE) -- First Merchants Corporation (Nasdaq:FRME) will report third quarter 2024 financial results on October 24, 2024. The Corporation will host a third quarter 2024 earnings conference call and webcast at 11:30 a.m. (ET) on Thursday, October 24, 2024.
09/30 13:06 EST - zacks.com
All You Need to Know About First Merchants (FRME) Rating Upgrade to Buy
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.
All You Need to Know About First Merchants (FRME) Rating Upgrade to Buy
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.
09/18 01:00 EST - seekingalpha.com
First Merchants Corporation: Decent Return Potential With Earnings Likely To Recover Next Year
The regional economy appears to be conducive to loan growth. Interest rate cuts will most probably hurt the net interest margin. I'm expecting earnings to recover next year after falling in 2024.
First Merchants Corporation: Decent Return Potential With Earnings Likely To Recover Next Year
The regional economy appears to be conducive to loan growth. Interest rate cuts will most probably hurt the net interest margin. I'm expecting earnings to recover next year after falling in 2024.
09/17 16:14 EST - globenewswire.com
First Merchants Earns New Award: TIME Magazine's “America's Best Mid-Sized Company”
MUNCIE, Ind., Sept. 17, 2024 (GLOBE NEWSWIRE) -- First Merchants Bank (NASDAQ: FRME) is one of the select few regional banks to receive the TIME Magazine "America's Best Mid-Sized Companies” award.
First Merchants Earns New Award: TIME Magazine's “America's Best Mid-Sized Company”
MUNCIE, Ind., Sept. 17, 2024 (GLOBE NEWSWIRE) -- First Merchants Bank (NASDAQ: FRME) is one of the select few regional banks to receive the TIME Magazine "America's Best Mid-Sized Companies” award.
08/27 09:05 EST - accesswire.com
Old Second Bancorp, Inc. and First Merchants Corporation Announce Transaction Involving Chicagoland Branch Operations
Old Second National Bank Acquires 5 Illinois Branches from First Merchants Bank Proposed Acquisition to Add $304 Million in Deposits and $12 million in loans CHICAGO, IL / ACCESSWIRE / August 27, 2024 / Old Second Bancorp, Inc. ("Old Second Bancorp") (NASDAQ:OSBC), the parent company of Old Second National Bank ("Old Second"), and First Merchants Corporation ("First Merchants Corp.") (NASDAQ:FRME), the parent company of First Merchants Bank ("First Merchants"), jointly announced today that Old Second and First Merchants have entered into a Purchase and Assumption Agreement where Old Second will purchase 5 Illinois branch locations in the Southeast Chicago MSA as well as certain branch related loans and deposits from First Merchants. The acquisition enhances Old Second's position as one of the largest banks headquartered in the Chicagoland area, and adds meaningfully to its existing branch network and in the Southeast Chicago market, allowing for improved scale and penetration.
Old Second Bancorp, Inc. and First Merchants Corporation Announce Transaction Involving Chicagoland Branch Operations
Old Second National Bank Acquires 5 Illinois Branches from First Merchants Bank Proposed Acquisition to Add $304 Million in Deposits and $12 million in loans CHICAGO, IL / ACCESSWIRE / August 27, 2024 / Old Second Bancorp, Inc. ("Old Second Bancorp") (NASDAQ:OSBC), the parent company of Old Second National Bank ("Old Second"), and First Merchants Corporation ("First Merchants Corp.") (NASDAQ:FRME), the parent company of First Merchants Bank ("First Merchants"), jointly announced today that Old Second and First Merchants have entered into a Purchase and Assumption Agreement where Old Second will purchase 5 Illinois branch locations in the Southeast Chicago MSA as well as certain branch related loans and deposits from First Merchants. The acquisition enhances Old Second's position as one of the largest banks headquartered in the Chicagoland area, and adds meaningfully to its existing branch network and in the Southeast Chicago market, allowing for improved scale and penetration.
08/19 08:00 EST - globenewswire.com
First Merchants Corporation Announces Cash Dividend
MUNCIE, Ind., Aug. 19, 2024 (GLOBE NEWSWIRE) -- First Merchants Corporation declared a cash dividend on August 16, 2024 of $0.35 per share. The dividend is payable on September 20, 2024, to shareholders of record as of September 6, 2024. For purposes of broker trading, the ex-date of the cash dividend is September 5, 2024.
First Merchants Corporation Announces Cash Dividend
MUNCIE, Ind., Aug. 19, 2024 (GLOBE NEWSWIRE) -- First Merchants Corporation declared a cash dividend on August 16, 2024 of $0.35 per share. The dividend is payable on September 20, 2024, to shareholders of record as of September 6, 2024. For purposes of broker trading, the ex-date of the cash dividend is September 5, 2024.
08/06 10:55 EST - zacks.com
Wall Street Analysts Predict a 30.09% Upside in First Merchants (FRME): Here's What You Should Know
The average of price targets set by Wall Street analysts indicates a potential upside of 30.1% in First Merchants (FRME). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.
Wall Street Analysts Predict a 30.09% Upside in First Merchants (FRME): Here's What You Should Know
The average of price targets set by Wall Street analysts indicates a potential upside of 30.1% in First Merchants (FRME). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.
07/30 13:00 EST - zacks.com
What Makes First Merchants (FRME) a Strong Momentum Stock: Buy Now?
Does First Merchants (FRME) have what it takes to be a top stock pick for momentum investors? Let's find out.
What Makes First Merchants (FRME) a Strong Momentum Stock: Buy Now?
Does First Merchants (FRME) have what it takes to be a top stock pick for momentum investors? Let's find out.
07/25 14:56 EST - seekingalpha.com
First Merchants Corporation (FRME) Q2 2024 Earnings Call Transcript
First Merchants Corporation (NASDAQ:FRME ) Q2 2024 Earnings Conference Call July 25, 2024 11:30 AM ET Company Participants Mark Hardwick – Chief Executive Officer Michael Stewart – President Michele Kawiecki – Chief Financial Officer John Martin - Chief Credit Officer Conference Call Participants Daniel Tamayo - Raymond James Damon DelMonte – KBW Terry McEvoy – Stephens Inc. Nathan Race - Piper Sandler Brian Martin - Janney Montgomery Scott Operator Thank you for standing by, and welcome to First Merchants Corporation's Second Quarter 2024 Earnings Conference call. Before we begin, management would like to remind you that today's call contains forward-looking statements with respect to the future performance and financial condition of First Merchants Corporation's that involve risk and uncertainties.
First Merchants Corporation (FRME) Q2 2024 Earnings Call Transcript
First Merchants Corporation (NASDAQ:FRME ) Q2 2024 Earnings Conference Call July 25, 2024 11:30 AM ET Company Participants Mark Hardwick – Chief Executive Officer Michael Stewart – President Michele Kawiecki – Chief Financial Officer John Martin - Chief Credit Officer Conference Call Participants Daniel Tamayo - Raymond James Damon DelMonte – KBW Terry McEvoy – Stephens Inc. Nathan Race - Piper Sandler Brian Martin - Janney Montgomery Scott Operator Thank you for standing by, and welcome to First Merchants Corporation's Second Quarter 2024 Earnings Conference call. Before we begin, management would like to remind you that today's call contains forward-looking statements with respect to the future performance and financial condition of First Merchants Corporation's that involve risk and uncertainties.
07/25 10:15 EST - zacks.com
First Merchants (FRME) Q2 Earnings Miss Estimates
First Merchants (FRME) came out with quarterly earnings of $0.68 per share, missing the Zacks Consensus Estimate of $0.78 per share. This compares to earnings of $1.02 per share a year ago.
First Merchants (FRME) Q2 Earnings Miss Estimates
First Merchants (FRME) came out with quarterly earnings of $0.68 per share, missing the Zacks Consensus Estimate of $0.78 per share. This compares to earnings of $1.02 per share a year ago.
07/25 08:00 EST - globenewswire.com
First Merchants Corporation Announces Second Quarter 2024 Earnings Per Share
MUNCIE, Ind., July 25, 2024 (GLOBE NEWSWIRE) -- First Merchants Corporation (NASDAQ - FRME) Second Quarter 2024 Highlights: Net income available to common stockholders was $39.5 million and diluted earnings per common share totaled $.68 in the second quarter of 2024, compared to $60.4 million and $1.02 in the second quarter of 2023, and $47.5 million and $.80 in the first quarter of 2024.
First Merchants Corporation Announces Second Quarter 2024 Earnings Per Share
MUNCIE, Ind., July 25, 2024 (GLOBE NEWSWIRE) -- First Merchants Corporation (NASDAQ - FRME) Second Quarter 2024 Highlights: Net income available to common stockholders was $39.5 million and diluted earnings per common share totaled $.68 in the second quarter of 2024, compared to $60.4 million and $1.02 in the second quarter of 2023, and $47.5 million and $.80 in the first quarter of 2024.
07/18 11:07 EST - zacks.com
Earnings Preview: First Merchants (FRME) Q2 Earnings Expected to Decline
First Merchants (FRME) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Earnings Preview: First Merchants (FRME) Q2 Earnings Expected to Decline
First Merchants (FRME) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
07/03 10:00 EST - globenewswire.com
First Merchants Corporation to Report Second Quarter 2024 Financial Results, Host Conference Call and Webcast
MUNCIE, Ind., July 03, 2024 (GLOBE NEWSWIRE) -- First Merchants Corporation (Nasdaq:FRME) will report second quarter 2024 financial results on July 25, 2024. The Corporation will host a second quarter 2024 earnings conference call and webcast at 11:30 a.m. (ET) on Thursday, July 25, 2024.
First Merchants Corporation to Report Second Quarter 2024 Financial Results, Host Conference Call and Webcast
MUNCIE, Ind., July 03, 2024 (GLOBE NEWSWIRE) -- First Merchants Corporation (Nasdaq:FRME) will report second quarter 2024 financial results on July 25, 2024. The Corporation will host a second quarter 2024 earnings conference call and webcast at 11:30 a.m. (ET) on Thursday, July 25, 2024.