First Merchants Corporation(FRME)

Sector:

Financial Services

Description:

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.

Current Price

$28.52

RSI

74.23

Market Capitalization:

2.4B

Beta:

1.148

Volume:

240,918

Analyst Target Price:

$ 48.67

Economiic Fair Price:


January 26, 2023
August 09, 2022
Q2
2.79 %
$ 1.16
3.14 %
$ 1.19
29.30 %
3.41
35.60 %
9.62
0.0977

3.48 %
3.03 %
21.89 %
16.12 %
-34.90 %
-4.90 %

$ 520M
5.68 %
$ 492.1M
10.99 %
$ 443.3M
6.75 %
$ 415.3M
19.24 %
$ 348.3M
19.41 %
$ 291.7M

$ 207.4M
1.26 %
$ 204.8M
14.80 %
$ 178.4M
-1.01 %
$ 180.2M
42.48 %
$ 126.5M
18.38 %
$ 106.9M

$ 240.8M
41.66 %
$ 170M
-12.29 %
$ 193.8M
3.00 %
$ 188.1M
40.83 %
$ 133.6M
22.95 %
$ 108.7M

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