What is First Merchants Corp share price today?

First Merchants Corp (FRME) share price today is {{live_price}}.

Can Indians buy First Merchants Corp shares?

Yes, Indians can invest in the First Merchants Corp (FRME) from India. With INDmoney, you can buy First Merchants Corp at 0 brokerage. The step-by-step process is as follows: Open your zero cost US Stocks account and zero balance IND linked savings a/c (this can be done in less than 3 minutes) Transfer funds to your US Stocks account using your IND linked savings a/c (It takes 24 hours excluding Saturday and Sunday). With INDmoney, you get the best INR USD exchange rates. Once funds are transferred successfully, you can buy First Merchants Corp at zero transaction cost.

How can I buy First Merchants Corp shares from India?

It is very easy to buy First Merchants Corp from India. With INDmoney, you can open a US stocks account in less than 3 minutes. Transfer funds in 24 hours and buy stocks very easily - that too at 0 brokerage. All this is done at 0 account opening & management fee, 0 brokerages, and at the same time you get the best rupee-US dollar exchange rate.

Can Fractional shares of First Merchants Corp be purchased?

Yes, you can buy fractional shares of First Merchants Corp with INDmoney app.

What are the documents required to start investing in First Merchants Corp stocks?

To start investing in First Merchants Corp, You will need the following documents: Proof of Identification (PAN, Aadhaar etc) Proof of address (Aadhaar, Voter ID etc) These documents are required as per RBI's guidelines to create your IND linked savings a/c so that you can execute for global fund transfer. The entire process is paperless and can be completed seamlessly.

What are today’s High and Low prices of First Merchants Corp

Today’s highest price of First Merchants Corp (FRME) is {{1_rba_end}}. Today’s lowest price of First Merchants Corp (FRME) is {{1_rba_st}}.

What is today's market capitalisation of First Merchants Corp

Today's market capitalisation of First Merchants Corp FRME is 2.1B

What is the 52 Week High and Low Range of First Merchants Corp

52 Week High {{rba_end}} 52 Week Low {{rba_st}}

How much percentage First Merchants Corp is down from its 52 Week High?

First Merchants Corp (FRME) share price is {{live_price}}. It is down by {{w52lu}}% from its 52 Week High price of {{rba_end}}.

How much percentage First Merchants Corp is up from its 52 Week low?

First Merchants Corp (FRME) share price is {{live_price}}. It is up by {{w52hd}}% from its 52 Week Low price of {{rba_st}}.

What are the historical returns of First Merchants Corp?

1 Month Returns {{1mr}}% 3 Months Returns {{3mr}}% 1 Year Returns {{1yr}}% 5 Years Returns {{5yr}}%

Who is the Chief Executive Officer (CEO) of First Merchants Corp

Mr. Mark K. Hardwick is the current Chief Executive Officer (CEO) of First Merchants Corp.

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First Merchants Corp

First Merchants Corp (FRME)

$35.99

-0.2

(-0.55%)▲

Market is closed - opens 7 PM, 08 Oct 2024

Performance

$35.70
$36.10
$35.99
0.81%
Downside
Day's Volatility :1.11%
Upside
0.3%
$25.70
$42.45
$35.99
28.59%
Downside
52 Weeks Volatility :39.45%
Upside
15.21%

Returns

Period	First Merchants Corp	Sector (Financials)	Index (Russel 2000)
3 Months	11.29%	8.8%	0.0%
6 Months	6.35%	8.0%	0.0%
1 Year	29.43%	36.5%	0.0%
3 Years	-16.19%	15.6%	-20.8%

Highlights

Market Capitalization	2.1B
Book Value	$37.68
Dividend Share	1.37
Dividend Yield	3.87%
Earnings Per Share (EPS)	3.12
PE Ratio	11.54
PEG Ratio	2.68
Wall Street Target Price	44.83

Profit Margin	31.05%
Operating Margin TTM	36.49%

Return On Assets TTM	1.03%
Return On Equity TTM	8.57%

Revenue TTM	601.3M
Revenue Per Share TTM	10.2
Quarterly Revenue Growth YOY	-17.5%
Gross Profit TTM	611.4M
Diluted Eps TTM	3.12
Quarterly Earnings Growth YOY	-0.33

EPS Estimate Current Year	3.3
EPS Estimate Next Year	3.55
EPS Estimate Current Quarter	0.8
EPS Estimate Next Quarter	0.84

Analyst Recommendation

Buy

90%Buy

9%Hold

0%Sell

Based on 11 Wall street analysts offering stock ratings for First Merchants Corp(by analysts ranked 0 to 5 stars)

Based on 11 analyst

Current
1M Ago
3M Ago

Buy

Hold

Sell

Analyst Forecast

What analysts predicted

Upside of 24.56%

Current $35.99

Target $44.83

Company Financials

	FY18	Y/Y Change
Revenue	415.3M	↑ 19.24%
Net Income	159.1M	↑ 65.65%
Net Profit Margin	38.32%	↑ 10.74%

	FY19	Y/Y Change
Revenue	443.3M	↑ 6.75%
Net Income	164.5M	↑ 3.34%
Net Profit Margin	37.1%	↓ 1.22%

	FY20	Y/Y Change
Revenue	492.1M	↑ 10.99%
Net Income	148.6M	↓ 9.64%
Net Profit Margin	30.2%	↓ 6.9%

	FY21	Y/Y Change
Revenue	520.0M	↑ 5.68%
Net Income	205.5M	↑ 38.31%
Net Profit Margin	39.52%	↑ 9.32%

	FY22	Y/Y Change
Revenue	628.1M	↑ 20.8%
Net Income	222.1M	↑ 8.06%
Net Profit Margin	35.36%	↓ 4.16%

	FY23	Y/Y Change
Revenue	996.2M	↑ 58.59%
Net Income	223.8M	↑ 0.76%
Net Profit Margin	22.46%	↓ 12.9%

	Q1 FY23	Q/Q Change
Revenue	169.1M	↓ 2.3%
Net Income	64.1M	↓ 9.44%
Net Profit Margin	37.89%	↓ 2.99%

	Q2 FY23	Q/Q Change
Revenue	164.2M	↓ 2.93%
Net Income	60.9M	↓ 5.02%
Net Profit Margin	37.08%	↓ 0.81%

	Q3 FY23	Q/Q Change
Revenue	161.2M	↓ 1.78%
Net Income	56.4M	↓ 7.39%
Net Profit Margin	34.96%	↓ 2.12%

	Q4 FY23	Q/Q Change
Revenue	261.8M	↑ 62.41%
Net Income	42.5M	↓ 24.64%
Net Profit Margin	16.22%	↓ 18.74%

	Q1 FY24	Q/Q Change
Revenue	262.0M	↑ 0.06%
Net Income	47.9M	↑ 12.86%
Net Profit Margin	18.3%	↑ 2.08%

	Q2 FY24	Q/Q Change
Revenue	267.3M	↑ 2.04%
Net Income	39.9M	↓ 16.72%
Net Profit Margin	14.93%	↓ 3.37%

	FY18	Y/Y Change
Total Assets	9.9B	↑ 5.52%
Total Liabilities	8.5B	↑ 5.11%

	FY19	Y/Y Change
Total Assets	12.5B	↑ 26.03%
Total Liabilities	10.7B	↑ 25.89%

	FY20	Y/Y Change
Total Assets	14.1B	↑ 12.92%
Total Liabilities	12.2B	↑ 14.25%

	FY21	Y/Y Change
Total Assets	15.5B	↑ 9.85%
Total Liabilities	13.5B	↑ 11.07%

	FY22	Y/Y Change
Total Assets	17.9B	↑ 16.08%
Total Liabilities	15.9B	↑ 17.45%

	FY23	Y/Y Change
Total Assets	18.4B	↑ 2.61%
Total Liabilities	16.2B	↑ 1.6%

	Q1 FY23	Q/Q Change
Total Assets	18.2B	↑ 1.34%
Total Liabilities	16.1B	↑ 0.96%

	Q2 FY23	Q/Q Change
Total Assets	18.0B	↓ 1.16%
Total Liabilities	15.8B	↓ 1.45%

	Q3 FY23	Q/Q Change
Total Assets	18.0B	↑ 0.16%
Total Liabilities	15.9B	↑ 0.51%

	Q4 FY23	Q/Q Change
Total Assets	18.4B	↑ 2.27%
Total Liabilities	16.2B	↑ 1.6%

	Q1 FY24	Q/Q Change
Total Assets	18.3B	↓ 0.48%
Total Liabilities	16.1B	↓ 0.4%

	Q2 FY24	Q/Q Change
Total Assets	18.3B	↓ 0.08%
Total Liabilities	16.1B	↓ 0.01%

	FY18	Y/Y Change
Operating Cash Flow	180.2M	↑ 42.48%
Investing Cash Flow	-575.6M	↓ 9.41%
Financing Cash Flow	379.7M	↓ 29.14%

	FY19	Y/Y Change
Operating Cash Flow	178.4M	↓ 1.01%
Investing Cash Flow	-1.0B	↑ 74.85%
Financing Cash Flow	865.9M	↑ 128.07%

	FY20	Y/Y Change
Operating Cash Flow	204.8M	↑ 14.8%
Investing Cash Flow	-1.6B	↑ 54.22%
Financing Cash Flow	1.4B	↑ 57.39%

	FY21	Y/Y Change
Operating Cash Flow	207.4M	↑ 1.26%
Investing Cash Flow	-1.5B	↓ 5.32%
Financing Cash Flow	1.2B	↓ 9.29%

	FY22	Y/Y Change
Operating Cash Flow	268.0M	↑ 29.25%
Investing Cash Flow	-446.4M	↓ 69.62%
Financing Cash Flow	133.8M	↓ 89.17%

	Q1 FY23	Q/Q Change
Operating Cash Flow	77.9M	↓ 36.89%
Investing Cash Flow	-217.4M	↑ 15.13%
Financing Cash Flow	142.7M	↑ 108.34%

	Q2 FY23	Q/Q Change
Operating Cash Flow	35.9M	↓ 53.92%
Investing Cash Flow	216.0M	↓ 199.39%
Financing Cash Flow	-268.8M	↓ 288.29%

Technicals Summary

Sell

Neutral

Buy

First Merchants Corp is currently in a neutral trading position according to technical analysis indicators.

Peers

Company Name	1 Month	6 Month	1 Year	3 Years	5 Years
First Merchants Corp	-0.49%	6.35%	29.43%	-16.19%	0.0%
Nu Holdings Ltd.	-4.78%	9.67%	79.89%	27.3%	27.3%
Icici Bank Ltd.	-1.1%	10.47%	26.58%	54.73%	146.87%
Pnc Financial Services Group, Inc.	-0.19%	13.23%	50.8%	-10.11%	33.84%
U.s. Bancorp	-1.24%	2.24%	39.64%	-28.28%	-14.66%
Itaú Unibanco Holding S.a.	-3.88%	-2.42%	20.6%	45.05%	-18.89%

Company Name	P/E Ratio	P/B Ratio	PEG Ratio	EPS	ROE	ROA	Div Yield	BVPS
First Merchants Corp	11.54	11.54	2.68	3.3	0.09	0.01	0.04	37.68
Nu Holdings Ltd.	42.42	42.42	NA	0.43	0.24	0.04	NA	1.45
Icici Bank Ltd.	19.48	19.48	0.0	1.36	0.18	0.02	0.01	387.52
Pnc Financial Services Group, Inc.	15.26	15.26	3.88	13.16	0.1	0.01	0.04	116.71
U.s. Bancorp	14.12	14.12	1.11	3.9	0.1	0.01	0.05	31.79
Itaú Unibanco Holding S.a.	9.33	9.33	1.12	0.79	0.19	0.01	0.03	19.79

Company Name	Analyst View	Market Cap	5 Years Return %	PE Ratio	Profit Margin
First Merchants Corp	Buy	$2.1B	0.0%	11.54	31.05%
Nu Holdings Ltd.	Buy	$63.4B	27.3%	42.42	31.18%
Icici Bank Ltd.	Buy	$104.0B	146.87%	19.48	26.87%
Pnc Financial Services Group, Inc.	Buy	$72.4B	33.84%	15.26	25.53%
U.s. Bancorp	Hold	$69.4B	-14.66%	14.12	21.08%
Itaú Unibanco Holding S.a.	Buy	$58.6B	-18.89%	9.33	27.97%

Insights on First Merchants Corp

Increasing Revenue
Revenue is up for the last 4 quarters, 161.22M → 267.34M (in $), with an average increase of 13.5% per quarter
Decreasing Net Profit
Netprofit is down for the last 2 quarters, 47.94M → 39.92M (in $), with an average decrease of 16.7% per quarter
Vs NU
In the last 1 year, Nu Holdings Ltd. has given 78.2% return, outperforming this stock by 49.8%

Institutional Holdings

Vanguard Group Inc
11.05%
BlackRock Inc
8.26%
Dimensional Fund Advisors, Inc.
5.94%
Earnest Partners LLC
4.60%
State Street Corp
3.51%
American Century Companies Inc
2.50%

Corporate Announcements

First Merchants Corp Dividends March,2024
In the quarter ending March,2024. First Merchants Corp has declared dividend of $0.34
Read More

Organization	First Merchants Corp
Employees	2162
CEO	Mr. Mark K. Hardwick
Industry	Finance

First Merchants Corp (FRME)

Performance

Returns

Highlights

Analyst Recommendation

Analyst Forecast

Company Financials

Technicals Summary

Peers

Increasing Revenue

Decreasing Net Profit

Vs NU

Institutional Holdings

Corporate Announcements

First Merchants Corp Dividends March,2024

Company Information

Discover More

FAQs