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First Merchants Corp. (FRME)
NASDAQ:FRME
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First Merchants (FRME) Stock Statistics & Valuation Metrics

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Total Valuation

First Merchants has a market cap or net worth of $2.36B. The enterprise value is $3.02B.
Market Cap$2.36B
Enterprise Value$3.02B

Share Statistics

First Merchants has 58,306,988 shares outstanding. The number of shares has decreased by -2.65% in one year.
Shares Outstanding58,306,988
Owned by Insiders1.43%
Owned by Institutions0.37%

Financial Efficiency

First Merchants’s return on equity (ROE) is 0.09 and return on invested capital (ROIC) is 5.34%.
Return on Equity (ROE)0.09
Return on Assets (ROA)0.01
Return on Invested Capital (ROIC)5.34%
Return on Capital Employed (ROCE)0.07
Revenue Per Employee496.98K
Profits Per Employee95.00K
Employee Count2,120
Asset Turnover0.06
Inventory Turnover0.00

Valuation Ratios

The current PE Ratio of {name} is {pe}. {name}’s PEG ratio is {priceToEarningsGrowthRatio}.
PE Ratio11.5
PS Ratio0.00
PB Ratio0.89
Price to Fair Value1.01
Price to FCF7.79
Price to Operating Cash Flow7.74
PEG Ratio2.27

Income Statement

In the last 12 months, First Merchants had revenue of 1.05B and earned 201.40M in profits. Earnings per share was 3.42.
Revenue1.05B
Gross Profit591.01M
Operating Income231.73M
Pretax Income231.73M
Net Income201.40M
EBITDA258.58M
Earnings Per Share (EPS)3.42

Cash Flow

In the last 12 months, operating cash flow was 269.06M and capital expenditures 0.00, giving a free cash flow of 269.06M billion.
Operating Cash Flow269.06M
Free Cash Flow269.06M
Free Cash Flow per Share4.61

Dividends & Yields

First Merchants pays an annual dividend of $0.36, resulting in a dividend yield of 3.56%
Dividend Per Share$0.36
Dividend Yield3.56%
Payout Ratio39.61%
Free Cash Flow Yield
Earnings Yield

Stock Price Statistics

Beta0.96
52-Week Price Change8.70%
50-Day Moving Average38.17
200-Day Moving Average39.13
Relative Strength Index (RSI)59.59
Average Volume (3m)327.77K

Important Dates

First Merchants upcoming earnings date is Jul 23, 2025, After Close (Confirmed).
Last Earnings DateApr 24, 2025
Next Earnings DateJul 23, 2025
Ex-Dividend DateJun 06, 2025

Financial Position

First Merchants as a current ratio of 0.13, with Debt / Equity ratio of 57.59%
Current Ratio0.13
Quick Ratio0.13
Debt to Market Cap0.50
Net Debt to EBITDA2.98
Interest Coverage Ratio0.54

Taxes

In the past 12 months, First Merchants has paid 30.33M in taxes.
Income Tax30.33M
Effective Tax Rate0.13

Enterprise Valuation

First Merchants EV to EBITDA ratio is 11.98, with an EV/FCF ratio of 11.64.
EV to Sales2.94
EV to EBITDA11.98
EV to Free Cash Flow11.64
EV to Operating Cash Flow11.64

Balance Sheet

First Merchants has $1.49B in cash and marketable securities with $1.34B in debt, giving a net cash position of -$148.58M billion.
Cash & Marketable Securities$1.49B
Total Debt$1.34B
Net Cash-$148.58M
Net Cash Per Share-$2.55
Tangible Book Value Per Share$26.98

Margins

Gross margin is 57.07%, with operating margin of 21.99%, and net profit margin of 19.12%.
Gross Margin57.07%
Operating Margin21.99%
Pretax Margin21.99%
Net Profit Margin19.12%
EBITDA Margin24.54%
EBIT Margin21.99%

Analyst Forecast

The average price target for First Merchants is $47.00, which is 11.43% higher than the current price. The consensus rating is Strong Buy
Price Target$47.00
Price Target Upside15.45% Upside
Analyst ConsensusStrong Buy
Analyst Count3
Revenue Growth Forecast1.42%
EPS Growth Forecast2.67%

Scores

Smart Score7
AI Score79
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