NASDAQ: FRMEFirst Merchants Corp Stock
$39.18-0.09 (-0.23%)
Updated May 16, 2025
FRME Price
$39.18
Fair Value Price
$59.86
Market Cap
$2.28B
52 Week Low
$30.55
52 Week High
$46.13
P/E
10.97x
P/B
0.98x
P/S
3.83x
PEG
2.51x
Dividend Yield
3.57%
Revenue
$615.41M
Earnings
$208.80M
Gross Margin
100%
Operating Margin
39.03%
Profit Margin
33.6%
Debt to Equity
6.91
Operating Cash Flow
$269M
Beta
0.91
Next Earnings
N/A
Ex-Dividend
N/A
Next Dividend
N/A
FRME Overview
First Merchants Corporation operates as the financial holding company for First Merchants Bank that provides community banking services. It accepts time, savings, and demand deposits; and provides consumer, commercial, agri-business, and real estate mortgage loans, as well as public finance. The company also offers personal and corporate trust; brokerage and private wealth management; and letters of credit, repurchase agreements, and other corporate services. It operates 109 banking locations in Indiana, Illinois, Ohio, and Michigan counties. The company also offers its services through electronic and mobile delivery channels. First Merchants Corporation was founded in 1893 and is headquartered in Muncie, Indiana.
Zen Rating
Our proven quant model uses 115 proprietary factors, including AI, to determine FRME's potential to beat the market
DSell
- Stocks with a Zen Rating of Sell (D) had an average loss of -4.50% per year. Learn More
Zen Rating Component Grades
C
Zen Rating uses advanced AI algorithms that detect subtle patterns in market data; it anticipates future trends that point to superior stock price results.
Industry: Bank
Industry Rating
D
FRME
Ranked#239 of 299
Ranked#239 of 299
Top Ranked Stocks in Industry
| Name / Ticker | Price | Zen Rating |
|---|---|---|
| $35.45 | A | |
| $35.68 | B | |
| $49.62 | B |
Be the first to know about important FRME news, forecast changes, insider trades & much more!
FRME News
Overview
Due Diligence Score
–
Industry Average (34)
You've viewed Due Diligence Score for 10/10 free stocks. Upgrade to Premium to see how FRME scored across 38 valuation, financial, forecast, performance, and dividend due diligence checks.
Due Diligence Checks
FRME ($39.18) is undervalued by 34.54% relative to our estimate of its Fair Value price of $59.86 based on Discounted Cash Flow (DCF) modelling, but does not have a significant margin of safety
Below Fair Value Valuation
FRME ($39.18) is significantly undervalued by 34.54% relative to our estimate of its Fair Value price of $59.86 based on Discounted Cash Flow (DCF) modelling, which includes a healthy margin of safety
Significantly Below Fair Value Valuation
FRME ($39.18) is trading above... subscribe to Premium to read more.
Below Benjamin Graham Formula Value Valuation
There are 35 more FRME due diligence checks available for Premium users.
Valuation
FRME fair value
Fair Value of FRME stock based on Discounted Cash Flow (DCF)
Price
$39.18
Fair Value
$59.86
Undervalued by
34.54%
FRME ($39.18) is undervalued by... subscribe to Premium to read more.
Below Fair Value Valuation
FRME ($39.18) is significantly undervalued... subscribe to Premium to read more.
Significantly Below Fair Value Valuation
FRME ($39.18) is trading above... subscribe to Premium to read more.
Below Benjamin Graham Formula Value Valuation
FRME price to earnings (PE)
For valuing profitable companies with steady earnings
Company
10.97x
Industry
11.92x
Market
25.95x
FRME is good value based... subscribe to Premium to read more.
P/E vs Industry Valuation
FRME is good value based... subscribe to Premium to read more.
P/E vs Market Valuation
FRME price to book (PB)
For valuing companies that are loss-making or have lots of physical asset
Company
0.98x
Industry
1.17x
FRME is good value based... subscribe to Premium to read more.
P/B vs Industry Valuation
FRME price to earnings growth (PEG)
For valuing profitable companies with growth potential
FRME is poor value relative... subscribe to Premium to read more.
PEG Value Valuation
FRME's financial health
Profit margin
Revenue
$156.1M
Net Income
$55.3M
Profit Margin
35.1%
FRME's Earnings (EBIT) of $240.18M... subscribe to Premium to read more.
Interest Coverage Financials
FRME's profit margin has increased... subscribe to Premium to read more.
Profit Margin Growth Financials
Assets to liabilities
Assets
$18.4B
Liabilities
$16.1B
Debt to equity
6.91
FRME's debt has increased relative... subscribe to Premium to read more.
Shrinking Debt Financials
FRME's debt to equity ratio... subscribe to Premium to read more.
Healthy Debt to Equity Financials
Cash flow
Operating
$61.7M
Investing
-$160.4M
Financing
$97.2M
FRME's operating cash flow ($269.06M)... subscribe to Premium to read more.
Debt Coverage Financials
FRME vs Bank Stocks
First Merchants Stock FAQ
Company
AboutNewsBlogStock Investing FAQPlansPrivacy PolicyTerms of ServiceCancellation & RefundsPerformanceHelp GuidesContactTwitterYouTubeNewsletterWallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.
Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.
Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.