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First Merchants Corp (NASDAQ: FRME) |
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Price: $41.4700
$-0.46
-1.097%
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| Day's High:
| $41.8224983215332
| Week Perf:
| -0.22 %
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| Day's Low: |
$ 41.41 |
30 Day Perf: |
-3.87 % |
| Volume (M): |
363,297 |
52 Wk High: |
$ 45.33 |
| Volume (M$): |
$ 0 |
52 Wk Avg: |
$39.68 |
| Open: |
$41.79 |
52 Wk Low: |
$34.66 |
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| Market Capitalization (Millions $) |
2,530 |
| Shares
Outstanding (Millions) |
61 |
| Employees |
2,086 |
| Revenues (TTM) (Millions $) |
638 |
| Net Income (TTM) (Millions $) |
199 |
| Cash Flow (TTM) (Millions $) |
12 |
| Capital Exp. (TTM) (Millions $) |
0 |
Business Description
First Merchants Corporation is a financial holding company headquartered in
Muncie, Indiana and was organized in September 1982. The Corporation’s
Common Stock is traded on NASDAQ’s Global Select Market System under the
symbol FRME. The Corporation has one full-service bank charter, First Merchants
Bank, National Association (the “Bank”), which opened for business
in Muncie, Indiana, in March 1893. The Bank also operates Lafayette Bank and
Trust, Ameriana Bank, Ameriana Financial Services and First Merchants Trust
Company as divisions of First Merchants Bank, N.A. The Bank includes 116 banking
locations in twenty-seven Indiana, two Illinois and two Ohio counties. In addition
to its branch network, the Corporation’s delivery channels include ATMs,
check cards, remote deposit capture, interactive voice response systems and
internet technology. The Corporation’s business activities are currently
limited to one significant business segment, which is community banking.
Through the Bank, the Corporation offers a broad range of financial services,
including accepting time deposits, savings and demand deposits; making consumer,
commercial, agri-business and real estate mortgage loans; renting safe deposit
facilities; providing personal and corporate trust services; providing full-service
brokerage; and providing other corporate services, letters of credit and repurchase
agreements.
The Corporation operated First Merchants Insurance Services, Inc., operating
as First Merchants Insurance Group, a full-service property, casualty, personal
lines, and employee benefit insurance agency headquartered in Muncie, Indiana.
Company Address: 200 East Jackson Street Muncie 47305 IN
Company Phone Number: 747-1500 Stock Exchange / Ticker: NASDAQ FRME
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Customers Net Income fell by |
FRME's Customers Net Profit Margin fell to |
-13.13 % |
10.06 %
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| Stock Performances by Major Competitors |
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| Dividend
Published Fri, Feb 7 2025 8:01 PM UTC
First Merchants Corporation Declares Cash Dividend: A Sign of Commitment Amidst Competitive ChallengesOn February 7, 2025, First Merchants Corporation (FRME) made an important announcement that is likely to resonate well with its investors and stakeholders a cash dividend declaration of $0.35 per share. This dividend is set to be paid on March 21, 2025, to common shareholde...
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| Dividend
Published Wed, Nov 13 2024 1:01 PM UTC
MUNCIE, Ind. November 13, 2024 In a move that underscores its commitment to shareholder value, First Merchants Corporation announced a cash dividend of $0.35 per share on November 12, 2024. The dividend, which is scheduled to be distributed on December 20, 2024, to shareholders of record as of December 6, 2024, speaks volumes about the corporation’s ongoing financial hea...
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| Financing Agreement
Published Tue, Aug 27 2024 12:41 PM UTC
In a notable shift within the banking landscape of Illinois, Old Second National Bank has acquired five branches from First Merchants Bank. This strategic move positions Old Second to strengthen its footprint in a competitive market, signaling potential growth opportunities, particularly in the Chicago metropolitan area. While mergers and acquisitions are often seen...
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| Dividend
Published Mon, Aug 19 2024 12:01 PM UTC
In a significant move indicative of its commitment to shareholder value, First Merchants Corporation (NASDAQ: FRME) recently announced a cash dividend of $0.35 per share, a decision made on August 16, 2024, and set for distribution on September 20, 2024, to shareholders on record as of September 6, 2024. This declaration marks a notable development in the companyâ€...
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| Dividend
Published Wed, May 8 2024 12:01 PM UTC
In a move aimed at rewarding its loyal shareholders, First Merchants Corporation recently announced a cash dividend of $0.35 per share. The dividend declaration reflects the company s confidence in its strong financial performance and serves as a testament to its commitment to delivering value to its investors. With the dividend payable on June 21, 2024, and an ex-...
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Fundamental Analysis
| Per Share |
Current |
| Earnings (TTM) |
3.39 $ |
| Revenues (TTM) |
10.45 $
|
| Cash Flow (TTM) |
0.2 $ |
| Cash |
1.61 $
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| Book Value |
43.81 $
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| Dividend (TTM) |
1.44 $ |
| Efficiency
|
Current |
| Revenue per Employee
(TTM) |
305,758 |
| Net
Income per Employee (TTM) |
95,311 |
| Receivable Turnover Ratio (TTM) |
- |
| Inventory Turnover Ratio (TTM) |
- |
| Asset Turnover Ratio (TTM) |
0.03 |
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| Per Share |
|
| Earnings (TTM) |
3.39 $
|
| Revenues (TTM) |
10.45 $ |
| Cash Flow (TTM) |
0.2 $ |
| Cash |
1.61 $
|
| Book Value |
43.81 $ |
| Dividend (TTM) |
1.44 $ |
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| Deposit Account |
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12.09 % |
of total Revenue |
| Fiduciary and Trust |
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12.75 % |
of total Revenue |
| Credit Card |
|
7.08 % |
of total Revenue |
| Derivative Hedging |
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1.1 % |
of total Revenue |
| Financial Service, Other |
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0.97 % |
of total Revenue |
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