First Merchants Corporation FRME

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Price alert · FRME

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40.59 USD -0.50 -1.22%

At close · Oct 30

40.59 0.00 0.00%

After hours · Oct 30, 4:00 PM ET

Bid
40.56 × 2
Ask
40.58 × 2
40.46 Day range 41.27
34.99 52-week range 45.23
YTD
+8.30%
1 year
+13.51%
Open
41.25
Prev close
41.09
Mkt cap
2.55B
Vol
412.49K
Avg vol
435.12K
EPS
3.22
P/E
12.61
Div yield
3.60%
More statistics
Low
40.46
High
41.27
Forward P/E
9.31
Beta
0.88
Short ratio
4.29
Inst. own
75.85%
Dividend
1.48
Ex-div date
Sep 3, 2026
Earnings
Jan 25, 2027
50-d avg
40.64
200-d avg
40.72
1y target
46.33

5D chart

Chart tools
Interval

Signals (78)
NameTimeAgo
RSI: OverboughtOct 30, 9:30 AM1 day ago
SMA: BullishOct 29, 3:50 PM2 days ago
SMA: BearishOct 29, 3:45 PM2 days ago
SMA: BullishOct 29, 3:35 PM2 days ago
SMA: BullishOct 29, 3:35 PM2 days ago
SMA: BearishOct 29, 3:30 PM2 days ago
SMA: BearishOct 29, 3:30 PM2 days ago
SMA: BullishOct 29, 3:00 PM2 days ago
MACD: Buy SignalOct 29, 2:45 PM2 days ago
SMA: BullishOct 29, 2:40 PM2 days ago
SMA: BearishOct 29, 12:35 PM2 days ago
SMA: BullishOct 29, 12:05 PM2 days ago
SMA: BearishOct 29, 11:25 AM2 days ago
SMA: BearishOct 29, 10:50 AM2 days ago
MACD: Sell SignalOct 29, 10:40 AM2 days ago
SMA: BearishOct 29, 10:10 AM2 days ago
RSI: OverboughtOct 29, 9:30 AM2 days ago
SMA: BullishOct 28, 3:45 PM3 days ago
SMA: BullishOct 28, 3:45 PM3 days ago
SMA: BearishOct 28, 3:25 PM3 days ago
SMA: BearishOct 28, 3:10 PM3 days ago
SMA: BullishOct 28, 3:05 PM3 days ago
MACD: Buy SignalOct 28, 2:50 PM3 days ago
SMA: BullishOct 28, 2:40 PM3 days ago
RSI: OversoldOct 28, 2:10 PM3 days ago
MACD: Sell SignalOct 28, 1:50 PM3 days ago
SMA: BearishOct 28, 1:40 PM3 days ago
SMA: BearishOct 28, 1:15 PM3 days ago
SMA: BullishOct 28, 12:35 PM3 days ago
SMA: BullishOct 28, 12:05 PM3 days ago
SMA: BearishOct 28, 11:45 AM3 days ago
MACD: Buy SignalOct 28, 11:35 AM3 days ago
RSI: OversoldOct 28, 11:00 AM3 days ago
SMA: BearishOct 28, 10:15 AM3 days ago
SMA: BearishOct 28, 9:30 AM3 days ago
MACD: Sell SignalOct 28, 9:30 AM3 days ago
SMA: BearishOct 27, 3:50 PM4 days ago
SMA: BullishOct 27, 3:40 PM4 days ago
SMA: BearishOct 27, 3:35 PM4 days ago
SMA: BullishOct 27, 3:15 PM4 days ago
MACD: Buy SignalOct 27, 3:05 PM4 days ago
SMA: BullishOct 27, 2:55 PM4 days ago
SMA: BearishOct 27, 1:50 PM4 days ago
MACD: Sell SignalOct 27, 1:45 PM4 days ago
SMA: BullishOct 27, 1:15 PM4 days ago
SMA: BearishOct 27, 1:05 PM4 days ago
SMA: BullishOct 27, 11:40 AM4 days ago
SMA: BearishOct 27, 11:10 AM4 days ago
SMA: BullishOct 27, 11:05 AM4 days ago
SMA: BearishOct 27, 10:55 AM4 days ago
MACD: Buy SignalOct 27, 10:50 AM4 days ago
SMA: BullishOct 27, 10:45 AM4 days ago
SMA: BearishOct 27, 9:35 AM4 days ago
SMA: BearishOct 27, 9:35 AM4 days ago
MACD: Sell SignalOct 27, 9:35 AM4 days ago
MACD: Buy SignalOct 26, 4:00 PM5 days ago
SMA: BullishOct 26, 3:55 PM5 days ago
SMA: BullishOct 26, 3:55 PM5 days ago
MACD: Sell SignalOct 26, 3:45 PM5 days ago
SMA: BearishOct 26, 3:40 PM5 days ago
SMA: BullishOct 26, 3:10 PM5 days ago
MACD: Buy SignalOct 26, 3:05 PM5 days ago
SMA: BearishOct 26, 2:55 PM5 days ago
SMA: BullishOct 26, 2:45 PM5 days ago
SMA: BearishOct 26, 2:30 PM5 days ago
SMA: BullishOct 26, 2:20 PM5 days ago
SMA: BearishOct 26, 2:15 PM5 days ago
MACD: Sell SignalOct 26, 2:00 PM5 days ago
SMA: BearishOct 26, 1:35 PM5 days ago
SMA: BullishOct 26, 12:35 PM5 days ago
SMA: BullishOct 26, 12:35 PM5 days ago
SMA: BearishOct 26, 12:25 PM5 days ago
SMA: BullishOct 26, 12:00 PM5 days ago
SMA: BearishOct 26, 11:20 AM5 days ago
SMA: BullishOct 26, 11:15 AM5 days ago
SMA: BearishOct 26, 10:40 AM5 days ago
SMA: BullishOct 26, 10:35 AM5 days ago
SMA: BearishOct 26, 10:30 AM5 days ago

Financial health

Altman Z-Score

-0.49 Distress zone

Bankruptcy-risk model: below 1.81 distress, above 2.99 safe.

Piotroski F-Score

6 / 9 Average

Nine pass/fail tests of profitability, leverage and efficiency.

FMP rating

B+3 / 5 overall

  • DCF 4
  • Return on Equity 2
  • Return on Assets 3
  • Debt / Equity 3
  • P/E 3
  • P/B 4

Valuation

P/E 9.6×
FY 2016: 18.9×FY 2017: 19.7×FY 2018: 10.6×FY 2019: 13.0×FY 2020: 13.6×FY 2021: 11.0×FY 2022: 10.7×FY 2023: 9.9×FY 2024: 11.7×FY 2025: 9.6×
FY 2016 5y median 10.7× FY 2025
P/S 2.1×
FY 2016: 4.8×FY 2017: 4.9×FY 2018: 3.5×FY 2019: 3.9×FY 2020: 3.6×FY 2021: 4.1×FY 2022: 3.3×FY 2023: 2.2×FY 2024: 2.2×FY 2025: 2.1×
FY 2016 5y median 2.2× FY 2025
P/B 0.9×
FY 2016: 1.7×FY 2017: 1.5×FY 2018: 1.2×FY 2019: 1.2×FY 2020: 1.1×FY 2021: 1.2×FY 2022: 1.2×FY 2023: 1.0×FY 2024: 1.0×FY 2025: 0.9×
FY 2016 5y median 1.0× FY 2025
P/FCF 7.6×
FY 2016: 14.8×FY 2017: 15.0×FY 2018: 9.4×FY 2019: 12.1×FY 2020: 9.9×FY 2021: 10.5×FY 2022: 8.3×FY 2023: 8.5×FY 2024: 8.7×FY 2025: 7.6×
FY 2016 5y median 8.5× FY 2025
EV/EBITDA 10.7×
FY 2016: 17.9×FY 2017: 18.0×FY 2018: 11.1×FY 2019: 12.7×FY 2020: 11.7×FY 2021: 8.9×FY 2022: 12.8×FY 2023: 9.9×FY 2024: 12.0×FY 2025: 10.7×
FY 2016 5y median 10.7× FY 2025
EV/Sales 2.9×
FY 2016: 6.5×FY 2017: 6.6×FY 2018: 4.5×FY 2019: 4.7×FY 2020: 3.8×FY 2021: 4.0×FY 2022: 4.8×FY 2023: 2.7×FY 2024: 2.9×FY 2025: 2.9×
FY 2016 5y median 2.9× FY 2025
FCF Yield 13.1%
FY 2016: 6.8%FY 2017: 6.7%FY 2018: 10.7%FY 2019: 8.3%FY 2020: 10.1%FY 2021: 9.6%FY 2022: 12.0%FY 2023: 11.8%FY 2024: 11.4%FY 2025: 13.1%
FY 2016 5y median 11.8% FY 2025

Profitability

Gross Margin 61.0%
FY 2016: 89.8%FY 2017: 87.9%FY 2018: 84.2%FY 2019: 79.8%FY 2020: 77.6%FY 2021: 93.5%FY 2022: 85.8%FY 2023: 64.8%FY 2024: 56.1%FY 2025: 61.0%
FY 2016 5y median 64.8% FY 2025
Operating Margin 24.7%
FY 2016: 34.1%FY 2017: 34.6%FY 2018: 38.8%FY 2019: 35.1%FY 2020: 30.4%FY 2021: 43.3%FY 2022: 35.9%FY 2023: 25.9%FY 2024: 22.0%FY 2025: 24.7%
FY 2016 5y median 25.9% FY 2025
Net Margin 21.5%
FY 2016: 25.4%FY 2017: 24.9%FY 2018: 32.9%FY 2019: 29.8%FY 2020: 26.6%FY 2021: 37.0%FY 2022: 31.2%FY 2023: 22.4%FY 2024: 19.1%FY 2025: 21.5%
FY 2016 5y median 22.4% FY 2025
ROE 9.2%
FY 2016: 9.0%FY 2017: 7.4%FY 2018: 11.3%FY 2019: 9.2%FY 2020: 7.9%FY 2021: 10.7%FY 2022: 10.9%FY 2023: 10.0%FY 2024: 8.7%FY 2025: 9.2%
FY 2016 5y median 10.0% FY 2025
ROIC -4.3%
FY 2016: 4.9%FY 2017: 4.4%FY 2018: 7.5%FY 2019: 6.3%FY 2020: 5.5%FY 2021: 7.6%FY 2022: 6.1%FY 2023: 6.3%FY 2024: 5.3%FY 2025: -4.3%
FY 2016 5y median 6.1% FY 2025
ROA 1.2%
FY 2016: 1.1%FY 2017: 1.0%FY 2018: 1.6%FY 2019: 1.3%FY 2020: 1.1%FY 2021: 1.3%FY 2022: 1.2%FY 2023: 1.2%FY 2024: 1.1%FY 2025: 1.2%
FY 2016 5y median 1.2% FY 2025

Growth (YoY)

Revenue -0.3%
FY 2016: 13.1%FY 2017: 21.2%FY 2018: 25.5%FY 2019: 14.0%FY 2020: 1.1%FY 2021: -0.4%FY 2022: 28.2%FY 2023: 40.2%FY 2024: 5.4%FY 2025: -0.3%
FY 2016 FY 2025
Operating Income 11.8%
FY 2016: 19.3%FY 2017: 22.9%FY 2018: 40.8%FY 2019: 3.0%FY 2020: -12.3%FY 2021: 41.7%FY 2022: 6.2%FY 2023: 1.4%FY 2024: -10.6%FY 2025: 11.8%
FY 2016 FY 2025
EPS (diluted) 13.8%
FY 2016: 15.1%FY 2017: 7.1%FY 2018: 51.9%FY 2019: -0.9%FY 2020: -14.1%FY 2021: 39.1%FY 2022: 0.0%FY 2023: -2.1%FY 2024: -8.6%FY 2025: 13.8%
FY 2016 FY 2025
Free Cash Flow 6.5%
FY 2016: 83.1%FY 2017: 22.0%FY 2018: 42.5%FY 2019: -1.9%FY 2020: 15.9%FY 2021: 5.1%FY 2022: 32.0%FY 2023: -9.0%FY 2024: 2.9%FY 2025: 6.5%
FY 2016 FY 2025

Financial Health

Current Ratio 0.2×
FY 2016: 0.2×FY 2017: 0.2×FY 2018: 0.2×FY 2019: 0.2×FY 2020: 0.2×FY 2021: 0.2×FY 2022: 0.2×FY 2023: 0.2×FY 2024: 0.1×FY 2025: 0.2×
FY 2016 5y median 0.2× FY 2025
Quick Ratio 0.2×
FY 2016: 0.2×FY 2017: 0.2×FY 2018: 0.2×FY 2019: 0.2×FY 2020: 0.2×FY 2021: 0.2×FY 2022: 0.2×FY 2023: 0.2×FY 2024: 0.1×FY 2025: 0.2×
FY 2016 5y median 0.2× FY 2025
Debt / Equity 0.4×
FY 2016: 0.8×FY 2017: 0.6×FY 2018: 0.5×FY 2019: 0.4×FY 2020: 0.4×FY 2021: 0.3×FY 2022: 0.6×FY 2023: 0.5×FY 2024: 0.5×FY 2025: 0.4×
FY 2016 5y median 0.5× FY 2025
Net Debt / EBITDA 3.2×
FY 2016: 4.7×FY 2017: 4.6×FY 2018: 2.5×FY 2019: 2.2×FY 2020: 0.6×FY 2021: -0.0×FY 2022: 4.0×FY 2023: 1.8×FY 2024: 3.0×FY 2025: 3.2×
FY 2016 5y median 3.0× FY 2025
Interest Coverage 0.7×
FY 2016: 4.0×FY 2017: 3.6×FY 2018: 2.7×FY 2019: 1.8×FY 2020: 2.6×FY 2021: 6.7×FY 2022: 3.0×FY 2023: 0.7×FY 2024: 0.5×FY 2025: 0.7×
FY 2016 5y median 0.7× FY 2025

Dividends

Dividend Yield 3.9%
FY 2016: 1.4%FY 2017: 1.7%FY 2018: 2.5%FY 2019: 2.4%FY 2020: 2.8%FY 2021: 2.7%FY 2022: 3.1%FY 2023: 3.7%FY 2024: 3.6%FY 2025: 3.9%
FY 2016 5y median 3.6% FY 2025
Payout Ratio 37.5%
FY 2016: 27.4%FY 2017: 33.1%FY 2018: 26.2%FY 2019: 31.2%FY 2020: 38.0%FY 2021: 29.8%FY 2022: 33.4%FY 2023: 36.6%FY 2024: 41.5%FY 2025: 37.5%
FY 2016 5y median 36.6% FY 2025

Annual · latest fiscal year ends 2025-12-31