First Merchants Corp. Company Profile (NASDAQ:FRME)

About First Merchants Corp.

First Merchants Corp. logoFirst Merchants Corporation is a financial holding Company. The Company has a bank charter, First Merchants Bank, National Association (the Bank), which is opened for business in Muncie, Indiana. The Bank also operates Lafayette Bank and Trust, Ameriana Bank, Ameriana Financial Services and First Merchants Trust Company as divisions of First Merchants Bank, N.A. The Bank includes approximately 120 banking locations in approximately 30 Indiana, over two Illinois and over two Ohio counties. Its delivery channels include automated teller machines, check cards, interactive voice response systems and Internet technology. The Company, through the Bank, offers a range of financial services, including accepting time deposits, savings and demand deposits; making consumer, commercial, agri-business and real estate mortgage loans; providing personal and corporate trust services; providing full-service brokerage, and providing other corporate services, letters of credit and repurchase agreements.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: Regional - Midwest Banks
  • Sub-Industry: Regional Banks
  • Exchange: NASDAQ
  • Symbol: FRME
  • CUSIP: 32081710
Key Metrics:
  • Previous Close: $26.47
  • 50 Day Moving Average: $26.95
  • 200 Day Moving Average: $25.42
  • 52-Week Range: $21.10 - $27.60
  • Trailing P/E Ratio: 15.25
  • Foreward P/E Ratio: 13.04
  • P/E Growth: 1.99
  • Market Cap: $1.08B
  • Outstanding Shares: 40,774,000
  • Beta: 1.06
Profitability:
  • Net Margins: 22.88%
  • Return on Equity: 8.18%
  • Return on Assets: 1.03%
Debt:
  • Debt-to-Equity Ratio: 0.45%
  • Current Ratio: 0.89%
  • Quick Ratio: 0.89%
Additional Links:
Companies Related to First Merchants Corp.:

Analyst Ratings

Consensus Ratings for First Merchants Corp. (NASDAQ:FRME) (?)
Ratings Breakdown: 2 Hold Ratings, 3 Buy Ratings
Consensus Rating:Buy (Score: 2.60)
Consensus Price Target: $28.13 (6.25% upside)

Analysts' Ratings History for First Merchants Corp. (NASDAQ:FRME)
Show:
DateFirmActionRatingPrice TargetDetails
9/28/2016DA DavidsonBoost Price TargetBuy$29.00 -> $30.00View Rating Details
7/27/2016Keefe, Bruyette & WoodsBoost Price TargetOutperform$27.00 -> $28.50View Rating Details
7/11/2016Piper Jaffray Cos.Initiated CoverageNeutral$27.00View Rating Details
1/29/2016StephensUpgradeEqual Weight -> OverweightView Rating Details
12/16/2015SunTrust Banks Inc.Initiated CoverageNeutral$27.00View Rating Details
4/28/2015FIG PartnersDowngradeOutperform -> Market PerformView Rating Details
4/24/2015Sandler O'NeillDowngradeBuy -> HoldView Rating Details
(Data available from 9/30/2014 forward)

Earnings

Earnings History for First Merchants Corp. (NASDAQ:FRME)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/20/2016        
7/26/2016Q216$0.46$0.49$74.37 millionViewListenView Earnings Details
4/26/2016Q116$0.41$0.43$73.90 millionViewListenView Earnings Details
1/28/2016Q415$0.44$0.37$69.23 millionViewListenView Earnings Details
10/22/2015Q315$0.44$0.45$67.93 millionViewListenView Earnings Details
7/23/2015Q215$0.45$0.47$65.13 millionViewListenView Earnings Details
4/23/2015Q115$0.42$0.43$64.14 million$63.20 millionViewN/AView Earnings Details
1/27/2015Q414$0.42$0.41$65.00 million$65.70 millionViewN/AView Earnings Details
10/23/2014Q3$0.43$0.45ViewListenView Earnings Details
7/24/2014Q214$0.36$0.41$269.22 millionViewN/AView Earnings Details
4/24/2014Q114$0.40$0.38$61.37 millionViewN/AView Earnings Details
1/28/2014Q413$0.33$0.34ViewN/AView Earnings Details
10/24/2013Q313$0.35$0.35$50.76 millionViewN/AView Earnings Details
7/25/2013Q2 2013$0.32$0.34ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for First Merchants Corp. (NASDAQ:FRME)
Current Year EPS Consensus Estimate: $1.9 EPS
Next Year EPS Consensus Estimate: $2.03 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20163$0.39$0.42$0.40
Q2 20163$0.46$0.48$0.47
Q3 20164$0.48$0.50$0.49
Q4 20163$0.49$0.51$0.50
Q1 20173$0.47$0.51$0.49
Q2 20173$0.50$0.51$0.50
Q3 20174$0.51$0.54$0.52
Q4 20173$0.52$0.55$0.54
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for First Merchants Corp. (NASDAQ:FRME)
Annual Dividend:$0.56
Dividend Yield:2.12%
Payout Ratio:32.18% (Based on Trailing 12 Months of Earnings)
29.47% (Based on Current Year Consensus EPS Estimate)
27.59% (Based on Next Year Consensus EPS Estimate)

Dividend History for First Merchants Corp. (NASDAQ:FRME)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
8/15/2016quarterly$0.142.07%8/31/20169/2/20169/16/2016
5/3/2016quarterly$0.142.22%6/1/20166/3/20166/17/2016
2/11/2016quarterly$0.112%3/2/20163/4/20163/18/2016
11/19/2015quarterly$0.111.63%12/2/201512/4/201512/18/2015
8/17/2015quarterly$0.111.67%9/2/20159/4/20159/18/2015
5/5/2015quarterly$0.111.96%6/3/20156/5/20156/19/2015
2/26/2015quarterly$0.081.42%3/5/20153/9/20153/20/2015
11/14/2014quarterly$0.081.45%12/3/201412/5/201412/19/2014
8/15/2014quarterly$0.081.59%9/3/20149/5/20149/19/2014
4/18/2014quarterly$0.081.49%6/4/20146/6/20146/20/2014
2/14/2014quarterly$0.050.96%3/5/20143/7/20143/21/2014
11/20/2013quarterly$0.050.99%12/4/201312/6/201312/20/2013
8/22/2013quarterly$0.051.1%9/4/20139/6/20139/20/2013
4/9/2013quarterly$0.051.33%5/30/20136/3/20136/17/2013
3/5/2013quarterly$0.033/13/20133/15/20133/20/2013
3/4/2013quarterly$0.030.79%2/28/20133/4/20133/18/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for First Merchants Corp. (NASDAQ:FRME)
Insider Ownership Percentage: 1.62%
Institutional Ownership Percentage: 75.24%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
9/1/2016Gary LehmanDirectorBuy61$27.15$1,656.15View SEC Filing  
8/25/2016Michael J. StewartInsiderSell3,500$27.24$95,340.00View SEC Filing  
8/18/2016John MartinInsiderSell5,000$26.92$134,600.00View SEC Filing  
8/1/2016Gary LehmanDirectorBuy64$26.17$1,674.88View SEC Filing  
6/1/2016Patrick A ShermanDirectorBuy19$25.95$493.05View SEC Filing  
5/13/2016Roderick EnglishDirectorSell2,500$24.90$62,250.00View SEC Filing  
5/2/2016Gary LehmanDirectorBuy65$25.64$1,666.60View SEC Filing  
4/1/2016Gary LehmanDirectorBuy71$23.38$1,659.98View SEC Filing  
4/1/2016Jeffrey B LorentsonSVPBuy15$20.04$300.60View SEC Filing  
4/1/2016Michael J StewartEVPBuy45$20.04$901.80View SEC Filing  
3/23/2016Roderick EnglishDirectorSell1,500$23.29$34,935.00View SEC Filing  
3/1/2016Patrick A. ShermanDirectorBuy22$22.34$491.48View SEC Filing  
2/5/2016Charles E. SchalliolDirectorBuy1,000$22.52$22,520.00View SEC Filing  
2/1/2016Gary LehmanDirectorBuy75$22.26$1,669.50View SEC Filing  
12/31/2015Michael J StewartEVPBuy47$22.38$1,051.86View SEC Filing  
12/14/2015Michael R BecherDirectorBuy150$25.36$3,804.00View SEC Filing  
3/23/2015Kimberly J EllingtonSVPSell1,600$23.62$37,792.00View SEC Filing  
2/27/2015Roderick EnglishDirectorSell3,000$22.73$68,190.00View SEC Filing  
11/13/2014Terry L WalkerDirectorBuy1,000$22.23$22,230.00View SEC Filing  
9/18/2014Charles E SchalliolDirectorBuy1,000$20.22$20,220.00View SEC Filing  
4/29/2014Roderick EnglishDirectorSell4,500$21.31$95,895.00View SEC Filing  
3/13/2014William HoyDirectorSell2,473$21.94$54,257.62View SEC Filing  
12/9/2013Terry WalkerDirectorSell6,125$21.38$130,952.50View SEC Filing  
12/3/2013John MartinSVPSell5,981$20.55$122,909.55View SEC Filing  
9/20/2013Mark HardwickEVPSell2,332$17.24$40,203.68View SEC Filing  
6/21/2013Roderick EnglishDirectorSell2,000$16.79$33,580.00View SEC Filing  
6/20/2013Michael J StewartEVPSell12,300$17.00$209,100.00View SEC Filing  
2/25/2013John MartinSVPSell1,099$14.81$16,276.19View SEC Filing  
2/25/2013Mark K HardwickEVPSell3,280$14.81$48,576.80View SEC Filing  
2/25/2013Michael C RechinPresidentSell4,725$14.81$69,977.25View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for First Merchants Corp. (NASDAQ:FRME)
DateHeadline
capitalcube.com logoFirst Merchants Corp. (Indiana) breached its 50 day moving average in a Bearish Manner : FRME-US : September 27, 2016 (NASDAQ:FRME)
www.capitalcube.com - September 27 at 9:41 AM
biz.yahoo.com logoFIRST MERCHANTS CORP Files SEC form 8-K, Entry into a Material Definitive Agreement, Financial Statements and Exhibit (NASDAQ:FRME)
biz.yahoo.com - September 26 at 9:47 AM
realistinvestor.com logoFirst Merchants Corporation (NASDAQ:FRME) Mean Price Target Is $28 (NASDAQ:FRME)
www.realistinvestor.com - September 18 at 9:40 AM
realistinvestor.com logoFirst Merchants Corporation (NASDAQ:FRME) Is Expected To Post EPS Of $0.52 (NASDAQ:FRME)
www.realistinvestor.com - September 14 at 9:20 AM
investopedia.com logo5 Best Banks for Home Loans (FRME, RF) (NASDAQ:FRME)
www.investopedia.com - September 6 at 5:04 PM
realistinvestor.com logoFirst Merchants Corporation (NASDAQ:FRME)’s Growth Forecast (NASDAQ:FRME)
www.realistinvestor.com - September 4 at 9:31 AM
4-traders.com logoFIRST MERCHANTS CORPORATION : ex-dividend day (NASDAQ:FRME)
www.4-traders.com - August 31 at 9:50 AM
fidaily.com logoFirst Merchants Corporation (NASDAQ:FRME) Trading Up – Insiders Are Selling (NASDAQ:FRME)
www.fidaily.com - August 29 at 5:00 PM
4-traders.com logoFIRST MERCHANTS CORP : Change in Directors or Principal Officers (form 8-K) (NASDAQ:FRME)
www.4-traders.com - August 27 at 9:42 AM
biz.yahoo.com logoFIRST MERCHANTS CORP Files SEC form 8-K, Change in Directors or Principal Officers (NASDAQ:FRME)
biz.yahoo.com - August 26 at 4:57 PM
stocksdaily.net logoCan First Merchants Corporation (NASDAQ:FRME) Meet Analysts Expectations? (NASDAQ:FRME)
www.stocksdaily.net - August 23 at 9:26 AM
realistinvestor.com logoHere’s The Growth Forecast For First Merchants Corporation (NASDAQ:FRME) (NASDAQ:FRME)
www.realistinvestor.com - August 20 at 5:00 PM
fidaily.com logoFirst Merchants Corporation (NASDAQ:FRME) Trading Up – Insiders Buying, Short Interest Falling (NASDAQ:FRME)
www.fidaily.com - August 3 at 5:25 PM
News IconAcquisitions Help Drive Banks' Record Quarters (NASDAQ:FRME)
www.insideindianabusiness.com - July 29 at 12:10 PM
cnbc.com logoFirst Merchants posts 2Q profit (NASDAQ:FRME)
www.cnbc.com - July 28 at 3:51 PM
businesswire.com logoFirst Merchants Corporation Announces Record Second Quarter 2016 Results (NASDAQ:FRME)
www.businesswire.com - July 28 at 3:51 PM
finance.yahoo.com logoEdited Transcript of FRME earnings conference call or presentation 26-Jul-16 6:30pm GMT (NASDAQ:FRME)
finance.yahoo.com - July 26 at 4:45 PM
benzinga.com logoD.A. Davidson Says First Merchants Trading At 11% Discount To Its Peers (NASDAQ:FRME)
www.benzinga.com - July 23 at 9:08 AM
capitalcube.com logoFirst Merchants Corp. (Indiana) breached its 50 day moving average in a Bullish Manner : FRME-US : July 13, 2016 (NASDAQ:FRME)
www.capitalcube.com - July 13 at 8:28 AM
publicnow.com logoFirst Merchants Corporation to Report Second Quarter 2016 Financial Results, Host Conference Call and Web Cast (NASDAQ:FRME)
www.publicnow.com - July 12 at 9:13 AM
finance.yahoo.com logoCoverage initiated on First Merchants by Piper Jaffray (NASDAQ:FRME)
finance.yahoo.com - July 11 at 7:40 AM
capitalcube.com logoFirst Merchants Corp. (Indiana) breached its 50 day moving average in a Bullish Manner : FRME-US : June 24, 2016 (NASDAQ:FRME)
www.capitalcube.com - June 24 at 8:43 AM
biz.yahoo.com logoFIRST MERCHANTS CORP Files SEC form 8-K, Regulation FD Disclosure, Financial Statements and Exhibits (NASDAQ:FRME)
biz.yahoo.com - May 11 at 4:23 PM
biz.yahoo.com logoFIRST MERCHANTS CORP Files SEC form 8-K, Submission of Matters to a Vote of Security Holders (NASDAQ:FRME)
biz.yahoo.com - May 6 at 10:56 AM
publicnow.com logoFirst Merchants Corporation Announces a 21% Increase in Cash Dividend (NASDAQ:FRME)
www.publicnow.com - May 2 at 3:50 PM
biz.yahoo.com logoFIRST MERCHANTS CORP Files SEC form 8-K, Change in Directors or Principal Officers, Other Events, Financial Statement (NASDAQ:FRME)
biz.yahoo.com - May 2 at 3:43 PM
capitalcube.com logoFirst Merchants Corp. (Indiana) :FRME-US: Earnings Analysis: Q1, 2016 By the Numbers (NASDAQ:FRME)
www.capitalcube.com - April 28 at 11:59 AM
finance.yahoo.com logoEdited Transcript of FRME earnings conference call or presentation 26-Apr-16 6:30pm GMT (NASDAQ:FRME)
finance.yahoo.com - April 26 at 7:51 PM
publicnow.com logoFirst Merchants Corporation Announces First Quarter 2016 Earnings Per Share (NASDAQ:FRME)
www.publicnow.com - April 26 at 10:02 AM
sg.finance.yahoo.com logoFirst Merchants posts 1Q profit (NASDAQ:FRME)
sg.finance.yahoo.com - April 26 at 10:00 AM
biz.yahoo.com logoQ1 2016 First Merchants Corp Earnings Release - Time Not Supplied (NASDAQ:FRME)
biz.yahoo.com - April 26 at 7:07 AM
thestreet.com logoFirst Merchants Corporation To Report First Quarter 2016 Financial Results, Host Conference Call And Web Cast (NASDAQ:FRME)
www.thestreet.com - April 12 at 10:41 AM
capitalcube.com logoFirst Merchants Corp. (Indiana) breached its 50 day moving average in a Bullish Manner : FRME-US : March 7, 2016 (NASDAQ:FRME)
www.capitalcube.com - March 7 at 8:17 AM
biz.yahoo.com logoFIRST MERCHANTS CORP Files SEC form 10-K, Annual Report (NASDAQ:FRME)
biz.yahoo.com - February 29 at 12:55 PM
capitalcube.com logoFirst Merchants Corp. (Indiana) Earnings Analysis: Q4, 2015 By the Numbers (NASDAQ:FRME)
www.capitalcube.com - February 1 at 1:08 PM
News IconFirst Merchants Reports Record Income (NASDAQ:FRME)
www.insideindianabusiness.com - January 30 at 1:07 PM
finance.yahoo.com logoEdited Transcript of FRME earnings conference call or presentation 28-Jan-16 7:30pm GMT (NASDAQ:FRME)
finance.yahoo.com - January 28 at 5:49 PM
cnbc.com logoFirst Merchants posts 4Q profit (NASDAQ:FRME)
www.cnbc.com - January 28 at 1:25 PM
publicnow.com logoFirst Merchants Corporation Announces Record 2015 Net Income (NASDAQ:FRME)
www.publicnow.com - January 28 at 10:25 AM
biz.yahoo.com logoFIRST MERCHANTS CORP Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements and Exhi (NASDAQ:FRME)
biz.yahoo.com - January 28 at 10:19 AM
biz.yahoo.com logoQ4 2015 First Merchants Corp Earnings Release - Time Not Supplied (NASDAQ:FRME)
biz.yahoo.com - January 28 at 7:07 AM
noodls.com logoFirst Merchants Corporation to Report Fourth Quarter 2015 Financial Results, Host Conference Call and Web Cast (NASDAQ:FRME)
www.noodls.com - January 14 at 8:36 AM
biz.yahoo.com logoFIRST MERCHANTS CORP Files SEC form 8-K, Other Events (NASDAQ:FRME)
biz.yahoo.com - December 31 at 4:04 PM
finance.yahoo.com logoFIRST MERCHANTS CORP Financials (NASDAQ:FRME)
finance.yahoo.com - December 8 at 1:17 PM
capitalcube.com logoFirst Merchants Corp. (Indiana) breached its 50 day moving average in a Bearish Manner : December 8, 2015 (NASDAQ:FRME)
www.capitalcube.com - December 8 at 9:02 AM
insidermonkey.com logoIs First Merchants Corporation (FRME) Going to Burn These Hedge Funds? (NASDAQ:FRME)
www.insidermonkey.com - November 26 at 6:00 AM
biz.yahoo.com logoFIRST MERCHANTS CORP Files SEC form 8-K, Other Events, Financial Statements and Exhibits (NASDAQ:FRME)
biz.yahoo.com - November 18 at 4:28 PM
finance.yahoo.com logoFirst Merchants Corporation Announces Cash Dividend (NASDAQ:FRME)
finance.yahoo.com - November 18 at 3:17 PM
biz.yahoo.com logoFIRST MERCHANTS CORP Files SEC form 10-Q, Quarterly Report (NASDAQ:FRME)
biz.yahoo.com - November 6 at 12:20 PM
capitalcube.com logoFirst Merchants Corp. (Indiana) Earnings Q3, 2015 (NASDAQ:FRME)
www.capitalcube.com - October 26 at 3:21 PM

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First Merchants Corp. (NASDAQ:FRME) Chart for Friday, September, 30, 2016


Last Updated on 9/30/2016 by MarketBeat.com Staff