First Merchants Corporation

Financial Services / Banks - Regional

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, refinance, construction or renovation of residential properties, agricultural lending, treasury management services and depository products. It also provides personal and commercial wealth management services, 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.

Performance

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FRME

Metrics

Market Cap2.7B
Latest Price$41.08
Previous Close$41.06
Volume413K
52 Week High$44.59
52 Week Low$34.66
52 Week Change3.28%
Average Volume374K
Revenue638M
EPS3.39
P/E Ratio12.714
Forward P/E9.356
Price/Book1.018
Profit Margin0.31%
Operating Margin0.23%
Return on Equity0.08%
Dividend Yield3.48%

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