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First Merchants Corporation (FRME)

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Upturn Advisory Summary
12/17/2025: FRME (1-star) has a low Upturn Star Rating. Not recommended to BUY.
1 Year Target Price $45.6
1 Year Target Price $45.6
| 2 | Strong Buy |
| 3 | Buy |
| 1 | Hold |
| 0 | Sell |
| 0 | Strong Sell |
Analysis of Past Performance
Type Stock | Historic Profit -17.24% | Avg. Invested days 27 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Star Rating ![]() | Upturn Advisory Performance | Stock Returns Performance |
Key Highlights
Company Size Mid-Cap Stock | Market Capitalization 2.25B USD | Price to earnings Ratio 9.7 | 1Y Target Price 45.6 |
Price to earnings Ratio 9.7 | 1Y Target Price 45.6 | ||
Volume (30-day avg) 6 | Beta 0.96 | 52 Weeks Range 32.21 - 43.98 | Updated Date 12/17/2025 |
52 Weeks Range 32.21 - 43.98 | Updated Date 12/17/2025 | ||
Dividends yield (FY) 3.66% | Basic EPS (TTM) 4.01 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin 35.91% | Operating Margin (TTM) 43.52% |
Management Effectiveness
Return on Assets (TTM) 1.26% | Return on Equity (TTM) 9.9% |
Valuation
Trailing PE 9.7 | Forward PE 11.07 | Enterprise Value 3194150144 | Price to Sales(TTM) 3.46 |
Enterprise Value 3194150144 | Price to Sales(TTM) 3.46 | ||
Enterprise Value to Revenue 4.83 | Enterprise Value to EBITDA - | Shares Outstanding 57825020 | Shares Floating 56840260 |
Shares Outstanding 57825020 | Shares Floating 56840260 | ||
Percent Insiders 1.63 | Percent Institutions 78.75 |
About First Merchants Corporation
Exchange NASDAQ | Headquaters Muncie, IN, United States | ||
IPO Launch date 1992-02-25 | CEO & Director Mr. Mark K. Hardwick CPA | ||
Sector Financial Services | Industry Banks - Regional | Full time employees 2120 | Website https://www.firstmerchants.com |
Full time employees 2120 | Website https://www.firstmerchants.com | ||
First Merchants Corporation operates as the financial holding company for First Merchants Bank that provides commercial and consumer banking services. The company offers a range of financial services, including checking, savings, and deposit products; debit and credit cards; mortgages, home equity lending, vehicle loans, and personal loans; and local commercial lending, asset-based lending solutions, agricultural lending, commercial real estate solutions, debt capital markets, practice finance, public finance, small business administration lending, and sponsor finance services. It also provides personal and commercial wealth management services, trust services, retirement planning, brokerage, investment management, private banking, fiduciary estate, and financial planning services. The company operates banking locations in Indiana, Ohio, and Michigan counties. It offers its services through electronic and mobile delivery channels. First Merchants Corporation was founded in 1893 and is headquartered in Muncie, Indiana.

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