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First Merchants Corp

$40.59
Market Cap 2.57B
ROE 8.0%
Gross Margin 100.0%
Debt/Equity 0.6
Current Ratio 0.0
Revenue QoQ -2.5%
EPS QoQ -0.5%
F-Score 3

About

First Merchants Corporation is a financial holding company headquartered in Muncie, Indiana. The Corporation has one full-service bank charter, First Merchants Bank. The Bank also operates as First Merchants Private Wealth Advisors (as a division of First Merchants Bank). First Merchants Corporation’s common stock is traded on the NASDAQ Global Select Market System under the symbol FRME. Depositary shares representing a 1/100th interest in a share of First Merchants Corporation’s 7.50% Non-Cumulative Perpetual Preferred Stock, Series A are traded on the NASDAQ Global Select Market System under the symbol FRMEP. Quotations are carried in daily newspapers and can be found on the company’s Internet web page (http://www.firstmerchants.com). FIRST MERCHANTS and the Shield Logo are federally registered trademarks of First Merchants Corporation.

Exchange
NASDAQ
Sector
Financial Services
Industry
Banks - Regional

Sector context

Financial Services

Overvalued

Trading at a discount to sector peers

P/E
13.55
vs median 2.80
P/B
1.00
vs median 1.82
ROE
0.08
vs median 0.13

Lower quality - review fundamentals carefully

Mid-cap company with growth potential

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