FIRST MERCHANTS CORP (FRME) Stock Price, Quote, News and Overview
NASDAQ:FRME - Nasdaq - US3208171096 - Common Stock - Currency: USD
FRME Quote, Performance and Key Statistics
NASDAQ:FRME (4/24/2025, 10:42:58 AM)
35.24
-1.68 (-4.55%)
The current stock price of FRME is 35.24 USD. In the past month the price decreased by -9.6%. In the past year, price increased by 8.17%.
FRME Competitors/Peers
Symbol | Name | TA | FA | PE | Market Cap |
|---|---|---|---|---|---|
| TFC | TRUIST FINANCIAL CORP | 10.26 | 49.17B | ||
| HBANL | HUNTINGTON BANCSHARES - HBAN 6 7/8 PERP | 19.08 | 36.42B | ||
| HBANM | HUNTINGTON BANCSHARES - HBAN 5.7 PERP | 17.71 | 33.80B | ||
| MTB | M & T BANK CORP | 11.2 | 27.19B | ||
| HBANP | HUNTINGTON BANCSHARES - HBAN 4 1/2 PERP | 13.35 | 25.48B | ||
| HBAN | HUNTINGTON BANCSHARES INC | 10.97 | 20.94B | ||
| RF | REGIONS FINANCIAL CORP | 9.54 | 18.18B | ||
| CFG | CITIZENS FINANCIAL GROUP | 11.73 | 16.18B | ||
| VLYPN | VALLEY NATIONAL BANCORP - VLY 8 1/4 PERP | 39.37 | 13.89B | ||
| VLYPO | VALLEY NATIONAL BANCORP - VLY 8.43172 PERP | 37.95 | 13.39B | ||
| VLYPP | VALLEY NATIONAL BANCORP - VLY 6 1/4 PERP | 37.44 | 13.21B | ||
| EWBC | EAST WEST BANCORP INC | 10.01 | 11.49B |
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About FRME
Company Profile
First Merchants Corp. (Indiana) is a bank holding company, which engages in the provision of financial services. The company is headquartered in Muncie, Indiana and currently employs 2,120 full-time employees. The firm conducts banking activities through its wholly owned subsidiary, First Merchants Bank (the Bank). The Bank also operates as First Merchants Private Wealth Advisors (as a division of First Merchants Bank). Through the Bank, the Company offers a broad range of financial services, including accepting time, savings, and demand deposits; making consumer, commercial, agri-business and real estate mortgage loans; providing personal and corporate trust services; offering full-service brokerage and private wealth management; and providing letters of credit, repurchase agreements and other corporate services. The firm operates through a community banking segment. The Bank includes 116 banking locations in Indiana, Ohio, Michigan, and Illinois. In addition to its branch network, the Company offers comprehensive electronic and mobile delivery channels to its customers.
Company Info
FIRST MERCHANTS CORP
200 E Jackson St, Po Box 792
Muncie INDIANA 47305 US
CEO: Mark K. Hardwick
Employees: 2162
Company Website: https://ir.firstmerchants.com/
Investor Relations: https://ir.firstmerchants.com
Phone: 17657471500
FIRST MERCHANTS CORP / FRME FAQ
What is the stock price of FIRST MERCHANTS CORP today?
The current stock price of FRME is 35.24 USD. The price decreased by -4.55% in the last trading session.
What is the ticker symbol for FIRST MERCHANTS CORP stock?
The exchange symbol of FIRST MERCHANTS CORP is FRME and it is listed on the Nasdaq exchange.
On which exchange is FRME stock listed?
FRME stock is listed on the Nasdaq exchange.
What is the price forecast or stock price prediction for FIRST MERCHANTS CORP stock?
12 analysts have analysed FRME and the average price target is 52.02 USD. This implies a price increase of 47.62% is expected in the next year compared to the current price of 35.24. Check the FIRST MERCHANTS CORP stock analysts ratings, price target forecast and up-and down grades for more detailed information.
What is FIRST MERCHANTS CORP worth?
FIRST MERCHANTS CORP (FRME) has a market capitalization of 2.06B USD. This makes FRME a Mid Cap stock.
How many employees does FIRST MERCHANTS CORP have?
FIRST MERCHANTS CORP (FRME) currently has 2162 employees.
What are the support and resistance levels for FIRST MERCHANTS CORP (FRME) stock?
FIRST MERCHANTS CORP (FRME) has a support level at 34.12 and a resistance level at 36.93. Check the full technical report for a detailed analysis of FRME support and resistance levels.
Is FIRST MERCHANTS CORP (FRME) expected to grow?
The Revenue of FIRST MERCHANTS CORP (FRME) is expected to grow by 6.23% in the next year. Check the estimates tab for more information on the FRME EPS, Sales, EBIT and EBITDA future analyst estimates.
Should I buy FIRST MERCHANTS CORP (FRME) stock?
There is no straightforward answer here. It depends on your investment strategy as different types of investors will look at different aspects. In any case it is important to make an informed decision and these pages can help you forming an opinion:
- The Technical Analysis (TA) tab contains a technical analysis of FRME, looking at technical quality and support and resistance levels
- The Fundamental Analysis (FA) tab contains a fundamental analysis of FRME, evaluating the profitability, health, valuation and growth aspects
- FIRST MERCHANTS CORP (FRME) Price Target Forecast and Analysts Ratings to understand what professional analysts say.
- FIRST MERCHANTS CORP (FRME) Sales and EPS estimates to see what analysts future expectations are.
- FIRST MERCHANTS CORP (FRME) Income, Balance Sheet and Cash Flow statements to dive into the historical financials.
- FIRST MERCHANTS CORP (FRME) Insider and Institutional Ownership to learn about the owners and their transactions.
- FIRST MERCHANTS CORP (FRME) Stock Chart to make your own analysis
- FIRST MERCHANTS CORP (FRME) Latest news and press-releases to stay up to date.
Does FIRST MERCHANTS CORP (FRME) stock pay dividends?
FIRST MERCHANTS CORP (FRME) has a dividend yield of 3.94%. The yearly dividend amount is currently 1.42. Check the full fundamental report for a detailed analysis of FRME dividend history, reliability and sustainability.
When does FIRST MERCHANTS CORP (FRME) report earnings?
FIRST MERCHANTS CORP (FRME) will report earnings on 2025-04-24, before the market open.
What is the Price/Earnings (PE) ratio of FIRST MERCHANTS CORP (FRME)?
The PE ratio for FIRST MERCHANTS CORP (FRME) is 10.88. This is based on the reported non-GAAP earnings per share of 3.24 and the current share price of 35.24 USD. Check the full fundamental report for a full analysis of the valuation metrics for FRME.
What is the Short Interest ratio of FIRST MERCHANTS CORP (FRME) stock?
The outstanding short interest for FIRST MERCHANTS CORP (FRME) is 0.74% of its float. Check the ownership tab for more information on the FRME short interest.
FRME Technical Analysis
ChartMill assigns a technical rating of 1 / 10 to FRME. When comparing the yearly performance of all stocks, FRME turns out to be only a medium performer in the overall market: it outperformed 66.03% of all stocks.
FRME Fundamental Analysis
ChartMill assigns a fundamental rating of 4 / 10 to FRME. While FRME is still in line with the averages on profitability rating, there are concerns on its financial health.
FRME Financial Highlights
Over the last trailing twelve months FRME reported a non-GAAP Earnings per Share(EPS) of 3.24. The EPS decreased by -17.14% compared to the year before.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PM (TTM) | 30.85% | ||
| ROA | 1.09% | ||
| ROE | 8.66% | ||
| Debt/Equity | 0.15 |
FRME Ownership and Analysts
ChartMill assigns a Buy % Consensus number of 82% to FRME. The Buy consensus is the average rating of analysts ratings from 12 analysts.
For the next year, analysts expect an EPS growth of 22.04% and a revenue growth 6.23% for FRME