First Merchants Stock Filter Stocks by Fundamentals
| FRME Stock | USD 43.69 0.06 0.14% |
First Merchants fundamentals help investors to digest information that contributes to First Merchants' financial success or failures. It also enables traders to predict the movement of First Stock. The fundamental analysis module provides a way to measure First Merchants' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to First Merchants stock.
First | Shares Owned by Institutions |
First Merchants Current Valuation Drivers
We derive many important indicators used in calculating different scores of First Merchants from analyzing First Merchants' financial statements. These drivers represent accounts that assess First Merchants' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of First Merchants' important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 2.1B | 2.0B | 2.3B | 2.4B | 2.2B | 2.3B | |
| Enterprise Value | 2.3B | 1.9B | 2.1B | 3.1B | 3.0B | 3.1B |
First Merchants ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, First Merchants' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to First Merchants' managers, analysts, and investors.Environmental | Governance | Social |
First Merchants Institutional Holders
Institutional Holdings refers to the ownership stake in First Merchants that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of First Merchants' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing First Merchants' value.| Shares | Charles Schwab Investment Management Inc | 2024-09-30 | 722.1 K | Boston Partners Global Investors, Inc | 2024-09-30 | 721.5 K | Jpmorgan Chase & Co | 2024-09-30 | 696.1 K | Public Employees Retirt Assn Of Colorado | 2024-09-30 | 693.9 K | Pl Capital Advisors, Llc | 2024-09-30 | 686.3 K | Systematic Financial Management Lp | 2024-09-30 | 682.7 K | Northern Trust Corp | 2024-09-30 | 641.1 K | Bank Of New York Mellon Corp | 2024-09-30 | 598.7 K | Nuveen Asset Management, Llc | 2024-09-30 | 583.4 K | Vanguard Group Inc | 2024-09-30 | 6.2 M | Blackrock Inc | 2024-06-30 | 4.8 M |
First Fundamentals
| Return On Equity | 0.0817 | ||||
| Return On Asset | 0.0099 | ||||
| Profit Margin | 0.30 % | ||||
| Operating Margin | 0.42 % | ||||
| Current Valuation | 3.23 B | ||||
| Shares Outstanding | 58.67 M | ||||
| Shares Owned By Insiders | 1.56 % | ||||
| Shares Owned By Institutions | 75.15 % | ||||
| Number Of Shares Shorted | 563.91 K | ||||
| Price To Earning | 14.38 X | ||||
| Price To Book | 1.13 X | ||||
| Price To Sales | 4.32 X | ||||
| Revenue | 654.31 M | ||||
| Gross Profit | 611.39 M | ||||
| EBITDA | 270.94 M | ||||
| Net Income | 223.79 M | ||||
| Cash And Equivalents | 299.12 M | ||||
| Cash Per Share | 5.06 X | ||||
| Total Debt | 871.5 M | ||||
| Debt To Equity | 6.95 % | ||||
| Book Value Per Share | 39.18 X | ||||
| Cash Flow From Operations | 258.83 M | ||||
| Short Ratio | 1.57 X | ||||
| Earnings Per Share | 3.01 X | ||||
| Price To Earnings To Growth | 2.68 X | ||||
| Target Price | 44.0 | ||||
| Number Of Employees | 2.16 K | ||||
| Beta | 1.02 | ||||
| Market Capitalization | 2.56 B | ||||
| Total Asset | 18.41 B | ||||
| Retained Earnings | 1.15 B | ||||
| Annual Yield | 0.03 % | ||||
| Five Year Return | 2.58 % | ||||
| Net Asset | 18.41 B | ||||
| Last Dividend Paid | 1.38 |
About First Merchants Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze First Merchants's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of First Merchants using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of First Merchants based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether First Merchants is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if First Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about First Merchants Stock. Highlighted below are key reports to facilitate an investment decision about First Merchants Stock:Check out First Merchants Piotroski F Score and First Merchants Altman Z Score analysis. For information on how to trade First Stock refer to our How to Trade First Stock guide.You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.
Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of First Merchants. If investors know First will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about First Merchants listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.11) | Dividend Share 1.38 | Earnings Share 3.01 | Revenue Per Share 10.11 | Quarterly Revenue Growth (0.05) |
The market value of First Merchants is measured differently than its book value, which is the value of First that is recorded on the company's balance sheet. Investors also form their own opinion of First Merchants' value that differs from its market value or its book value, called intrinsic value, which is First Merchants' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because First Merchants' market value can be influenced by many factors that don't directly affect First Merchants' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between First Merchants' value and its price as these two are different measures arrived at by different means. Investors typically determine if First Merchants is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, First Merchants' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.