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First Merchants Corp. (FRME)
NASDAQ:FRME

First Merchants (FRME) Stock Statistics & Valuation Metrics

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Total Valuation

First Merchants has a market cap or net worth of $2.28B. The enterprise value is ―.
Market Cap$2.28B
Enterprise Value

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 Institutions16.81%

Financial Efficiency

First Merchants’s return on equity (ROE) is 0.09 and return on invested capital (ROIC) is -10.81%.
Return on Equity (ROE)0.09
Return on Assets (ROA)0.01
Return on Invested Capital (ROIC)-10.81%
Return on Capital Employed (ROCE)0.11
Revenue Per Employee447.17K
Profits Per Employee95.00K
Employee Count2,120
Asset Turnover0.05
Inventory Turnover0.00

Valuation Ratios

The current PE Ratio of First Merchants is 11.55. First Merchants’s PEG ratio is 2.35.
PE Ratio11.55
PS Ratio0.00
PB Ratio0.92
Price to Fair Value1.01
Price to FCF8.05
Price to Operating Cash Flow8.01
PEG Ratio2.35

Income Statement

In the last 12 months, First Merchants had revenue of 948.01M and earned 201.40M in profits. Earnings per share was 3.42.
Revenue948.01M
Gross Profit948.01M
Operating Income940.62M
Pretax Income231.73M
Net Income201.40M
EBITDA0.00
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 3.71%
Dividend Per Share$0.36
Dividend Yield3.71%
Payout Ratio39.21%
Free Cash Flow Yield
Earnings Yield

Stock Price Statistics

Beta0.93
52-Week Price Change16.22%
50-Day Moving Average37.89
200-Day Moving Average39.07
Relative Strength Index (RSI)47.96
Average Volume (3m)271.09K

Important Dates

First Merchants upcoming earnings date is Jul 24, 2025, TBA Not Confirmed.
Last Earnings DateApr 24, 2025
Next Earnings DateJul 24, 2025
Ex-Dividend DateJun 06, 2025

Financial Position

First Merchants as a current ratio of 0.16, with Debt / Equity ratio of 0.00%
Current Ratio0.16
Quick Ratio0.16
Debt to Market Cap0.39
Net Debt to EBITDA0.00
Interest Coverage Ratio2.20

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 0.00, with an EV/FCF ratio of 10.73.
EV to Sales3.01
EV to EBITDA0.00
EV to Free Cash Flow10.73
EV to Operating Cash Flow10.73

Balance Sheet

First Merchants has $1.46B in cash and marketable securities with $0.00 in debt, giving a net cash position of -$1.46B billion.
Cash & Marketable Securities$1.46B
Total Debt$0.00
Net Cash-$1.46B
Net Cash Per Share-$25.12
Tangible Book Value Per Share$26.98

Margins

Gross margin is 108.40%, with operating margin of 99.22%, and net profit margin of 21.24%.
Gross Margin108.40%
Operating Margin99.22%
Pretax Margin24.44%
Net Profit Margin21.24%
EBITDA Margin0.00%
EBIT Margin-2.83%

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 Upside24.87% Upside
Analyst ConsensusStrong Buy
Analyst Count3
Revenue Growth Forecast1.42%
EPS Growth Forecast2.77%

Scores

Smart Score4
AI Score75
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