First Merchants Stock Today
| FRME Stock | USD 40.61 0.07 0.17% |
PerformanceWeak
| Odds Of DistressVery Low
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First Merchants is trading at 40.61 as of the 19th of March 2025, a 0.17% down since the beginning of the trading day. The stock's lowest day price was 40.06. First Merchants has a very small chance of experiencing financial distress in the next few years but had a somewhat weak performance during the last 90 days. The performance scores are derived for the period starting the 19th of December 2024 and ending today, the 19th of March 2025. Click here to learn more.
Business Domain Banks | IPO Date 25th of February 1992 | Category Financial Services | Classification Financials |
First Merchants Corporation operates as the financial holding company for First Merchants Bank that provides community banking services. First Merchants Corporation was founded in 1893 and is headquartered in Muncie, Indiana. First Merchants operates under BanksRegional classification in the United States and is traded on NASDAQ Exchange. The company has 58.54 M outstanding shares of which 324.43 K shares are currently shorted by private and institutional investors with about 1.73 trading days to cover. More on First Merchants
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ESG Sustainability
Environmental | Governance | Social |
| CEO | Michael Rechin | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Regional Banks, Banks - Regional, Financial Services, NASDAQ Composite, NASDAQ Financial 100, NASDAQ Composite Total, Financials, Banks, Banks—Regional, Financial Services (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial Strength
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Debt LevelsFirst Merchants can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand First Merchants' financial leverage. It provides some insight into what part of First Merchants' total assets is financed by creditors.
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First Merchants (FRME) is traded on NASDAQ Exchange in USA. It is located in 200 East Jackson Street, Muncie, IN, United States, 47305-2814 and employs 2,120 people. First Merchants is listed under Regional Banks category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 2.38 B. First Merchants conducts business under Banks sector and is part of Financials industry. The entity has 58.54 M outstanding shares of which 324.43 K shares are currently shorted by private and institutional investors with about 1.73 trading days to cover.
First Merchants currently holds about 299.12 M in cash with 266.21 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 5.06.
Check First Merchants Probability Of Bankruptcy
Ownership AllocationFirst Merchants holds a total of 58.54 Million outstanding shares. The majority of First Merchants outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to obtain positions in First Merchants to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in First Merchants. Please pay attention to any change in the institutional holdings of First Merchants as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
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First Stock Institutional Holders
| Instituion | Recorded On | Shares | |
| Principal Financial Group Inc | 2024-12-31 | 806.6 K | |
| Systematic Financial Management Lp | 2024-12-31 | 749.1 K | |
| Jpmorgan Chase & Co | 2024-12-31 | 745.4 K | |
| Charles Schwab Investment Management Inc | 2024-12-31 | 731.4 K | |
| First Trust Advisors L.p. | 2024-12-31 | 689.6 K | |
| Pl Capital Advisors, Llc | 2024-12-31 | 686.3 K | |
| Nuveen Asset Management, Llc | 2024-12-31 | 626.5 K | |
| Northern Trust Corp | 2024-12-31 | 601.8 K | |
| Capital Research & Mgmt Co - Division 3 | 2024-12-31 | 595.1 K | |
| Vanguard Group Inc | 2024-12-31 | 6.3 M | |
| Blackrock Inc | 2024-12-31 | 4.9 M |
First Merchants Historical Income Statement
First Stock Against Markets
First Merchants Corporate Management
| Michael Stewart | Chief Banking Officer and Executive VP | Profile | |
| John Martin | Chief Credit Officer and Executive VP | Profile | |
| Julie Crabtree | Corporate VP | Profile | |
| Marcos CFA | Chief Officer | Profile | |
| Karen Evens | VP Marketing | Profile |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Merchants. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. For information on how to trade First Stock refer to our How to Trade First Stock guide.You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
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 0.571 | Dividend Share 1.39 | Earnings Share 3.41 | Revenue Per Share | Quarterly Revenue Growth 0.116 |
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.