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First Merchants (FRME) Competitors

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$41.73 +0.74 (+1.81%)
Closing price 04:00 PM Eastern
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$41.74 +0.01 (+0.02%)
As of 04:20 PM Eastern
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FRME vs. BUSE, EFSC, FFBC, OBK, PPBI, STBA, TOWN, UBSI, WSBC, and WSFS

Should you be buying First Merchants stock or one of its competitors? The main competitors of First Merchants include First Busey (BUSE), Enterprise Financial Services (EFSC), First Financial Bancorp. (FFBC), Origin Bancorp (OBK), Pacific Premier Bancorp (PPBI), S&T Bancorp (STBA), Towne Bank (TOWN), United Bankshares (UBSI), WesBanco (WSBC), and WSFS Financial (WSFS). These companies are all part of the "finance" sector.

First Merchants vs. Its Competitors

First Busey (NASDAQ:BUSE) and First Merchants (NASDAQ:FRME) are both mid-cap finance companies, but which is the better business? We will contrast the two companies based on the strength of their dividends, media sentiment, valuation, institutional ownership, earnings, profitability, risk and analyst recommendations.

First Merchants has a net margin of 19.63% compared to First Busey's net margin of 8.32%. First Merchants' return on equity of 9.28% beat First Busey's return on equity.

Company Net Margins Return on Equity Return on Assets
First Busey8.32% 8.46% 0.96%
First Merchants 19.63%9.28%1.14%

In the previous week, First Busey had 9 more articles in the media than First Merchants. MarketBeat recorded 14 mentions for First Busey and 5 mentions for First Merchants. First Merchants' average media sentiment score of 1.46 beat First Busey's score of 1.11 indicating that First Merchants is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
First Busey
6 Very Positive mention(s)
2 Positive mention(s)
3 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
First Merchants
3 Very Positive mention(s)
1 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

First Busey pays an annual dividend of $1.00 per share and has a dividend yield of 4.1%. First Merchants pays an annual dividend of $1.44 per share and has a dividend yield of 3.5%. First Busey pays out 93.5% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. First Merchants pays out 40.4% of its earnings in the form of a dividend. First Busey has raised its dividend for 10 consecutive years and First Merchants has raised its dividend for 13 consecutive years.

First Busey currently has a consensus target price of $27.67, indicating a potential upside of 13.30%. First Merchants has a consensus target price of $46.40, indicating a potential upside of 11.19%. Given First Busey's higher possible upside, equities research analysts plainly believe First Busey is more favorable than First Merchants.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
First Busey
0 Sell rating(s)
3 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.50
First Merchants
0 Sell rating(s)
1 Hold rating(s)
4 Buy rating(s)
0 Strong Buy rating(s)
2.80

First Merchants has lower revenue, but higher earnings than First Busey. First Merchants is trading at a lower price-to-earnings ratio than First Busey, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
First Busey$663.36M3.29$113.69M$1.0722.82
First Merchants$633.33M3.84$201.40M$3.5611.72

56.5% of First Busey shares are owned by institutional investors. Comparatively, 73.9% of First Merchants shares are owned by institutional investors. 3.9% of First Busey shares are owned by company insiders. Comparatively, 1.4% of First Merchants shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock is poised for long-term growth.

First Busey has a beta of 0.77, meaning that its stock price is 23% less volatile than the S&P 500. Comparatively, First Merchants has a beta of 1.02, meaning that its stock price is 2% more volatile than the S&P 500.

Summary

First Merchants beats First Busey on 13 of the 19 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding FRME and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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FRME vs. The Competition

MetricFirst MerchantsBANKS IndustryFinance SectorNASDAQ Exchange
Market Cap$2.43B$2.50B$12.00B$9.13B
Dividend Yield3.46%3.51%5.54%4.01%
P/E Ratio11.7211.6219.2819.57
Price / Sales3.842.6726.0979.65
Price / Cash10.3610.8218.5527.51
Price / Book1.071.242.295.56
Net Income$201.40M$174.52M$992.75M$252.37M
7 Day Performance3.63%0.52%0.81%3.11%
1 Month Performance15.98%8.34%4.35%11.74%
1 Year Performance17.91%19.74%541.09%17.41%

First Merchants Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
FRME
First Merchants
4.76 of 5 stars
$41.73
+1.8%
$46.40
+11.2%
+15.8%$2.43B$633.33M11.722,120Positive News
BUSE
First Busey
4.8201 of 5 stars
$24.00
-1.6%
$27.67
+15.3%
-5.9%$2.18B$663.36M22.431,548Positive News
Dividend Announcement
EFSC
Enterprise Financial Services
4.4822 of 5 stars
$57.01
-0.6%
$64.33
+12.8%
+32.8%$2.12B$920.75M11.181,256
FFBC
First Financial Bancorp.
4.4333 of 5 stars
$25.49
-1.4%
$28.75
+12.8%
+8.3%$2.48B$1.62B10.582,090Analyst Downgrade
OBK
Origin Bancorp
3.2721 of 5 stars
$37.38
-1.5%
$42.20
+12.9%
+10.7%$1.16B$358.20M15.201,010
PPBI
Pacific Premier Bancorp
3.8644 of 5 stars
$22.76
-1.5%
$27.25
+19.7%
-9.1%$2.24B$905.41M14.971,325News Coverage
Positive News
STBA
S&T Bancorp
2.8018 of 5 stars
$39.46
-1.0%
$41.67
+5.6%
+10.6%$1.53B$564.96M11.371,206Analyst Downgrade
TOWN
Towne Bank
3.75 of 5 stars
$35.59
-1.1%
$40.00
+12.4%
+19.3%$2.70B$1.03B15.082,720Positive News
UBSI
United Bankshares
2.9545 of 5 stars
$37.78
-1.6%
$40.63
+7.5%
+10.2%$5.46B$1.63B14.042,553Positive News
WSBC
WesBanco
4.9684 of 5 stars
$33.33
-1.1%
$38.71
+16.2%
+11.3%$3.22B$953.62M21.782,195Positive News
WSFS
WSFS Financial
3.4542 of 5 stars
$58.17
-1.5%
$62.75
+7.9%
+17.8%$3.35B$1.40B13.072,309Positive News

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This page (NASDAQ:FRME) was last updated on 7/14/2025 by MarketBeat.com Staff
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