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First Merchants (FRME) Competitors

$31.56
-0.16 (-0.50%)
(As of 06/21/2024 08:59 PM ET)

FRME vs. FFBC, SFNC, WSBC, WAFD, FMBI, WBS, CBSH, WAL, CFR, and BPOP

Should you be buying First Merchants stock or one of its competitors? The main competitors of First Merchants include First Financial Bancorp. (FFBC), Simmons First National (SFNC), WesBanco (WSBC), WaFd (WAFD), First Midwest Bancorp (FMBI), Webster Financial (WBS), Commerce Bancshares (CBSH), Western Alliance Bancorporation (WAL), Cullen/Frost Bankers (CFR), and Popular (BPOP). These companies are all part of the "finance" sector.

First Merchants vs.

First Merchants (NASDAQ:FRME) and First Financial Bancorp. (NASDAQ:FFBC) are both finance companies, but which is the superior business? We will compare the two businesses based on the strength of their institutional ownership, earnings, community ranking, risk, profitability, analyst recommendations, dividends, media sentiment and valuation.

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
First Merchants$999.49M1.85$223.79M$3.479.10
First Financial Bancorp.$1.12B1.80$255.86M$2.488.50

In the previous week, First Financial Bancorp. had 2 more articles in the media than First Merchants. MarketBeat recorded 3 mentions for First Financial Bancorp. and 1 mentions for First Merchants. First Financial Bancorp.'s average media sentiment score of 1.85 beat First Merchants' score of 1.37 indicating that First Financial Bancorp. is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
First Merchants
1 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
First Financial Bancorp.
3 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Very Positive

73.9% of First Merchants shares are held by institutional investors. Comparatively, 77.2% of First Financial Bancorp. shares are held by institutional investors. 1.3% of First Merchants shares are held by company insiders. Comparatively, 2.0% of First Financial Bancorp. shares are held by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company is poised for long-term growth.

First Merchants has a beta of 1.07, suggesting that its stock price is 7% more volatile than the S&P 500. Comparatively, First Financial Bancorp. has a beta of 1.02, suggesting that its stock price is 2% more volatile than the S&P 500.

First Merchants received 80 more outperform votes than First Financial Bancorp. when rated by MarketBeat users. Likewise, 59.73% of users gave First Merchants an outperform vote while only 46.59% of users gave First Financial Bancorp. an outperform vote.

CompanyUnderperformOutperform
First MerchantsOutperform Votes
353
59.73%
Underperform Votes
238
40.27%
First Financial Bancorp.Outperform Votes
273
46.59%
Underperform Votes
313
53.41%

First Merchants pays an annual dividend of $1.40 per share and has a dividend yield of 4.4%. First Financial Bancorp. pays an annual dividend of $0.92 per share and has a dividend yield of 4.4%. First Merchants pays out 40.3% of its earnings in the form of a dividend. First Financial Bancorp. pays out 37.1% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years.

First Merchants presently has a consensus price target of $41.25, suggesting a potential upside of 30.70%. First Financial Bancorp. has a consensus price target of $24.67, suggesting a potential upside of 17.01%. Given First Merchants' stronger consensus rating and higher possible upside, equities analysts plainly believe First Merchants is more favorable than First Financial Bancorp..

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
First Merchants
0 Sell rating(s)
0 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
3.00
First Financial Bancorp.
0 Sell rating(s)
2 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
2.33

First Financial Bancorp. has a net margin of 20.74% compared to First Merchants' net margin of 20.15%. First Financial Bancorp.'s return on equity of 11.22% beat First Merchants' return on equity.

Company Net Margins Return on Equity Return on Assets
First Merchants20.15% 10.21% 1.21%
First Financial Bancorp. 20.74%11.22%1.43%

Summary

First Merchants and First Financial Bancorp. tied by winning 10 of the 20 factors compared between the two stocks.

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 MerchantsNational commercial banks IndustryFinance SectorNASDAQ Exchange
Market Cap$1.85B$17.98B$8.81B$8.38B
Dividend Yield4.41%4.07%10.81%4.09%
P/E Ratio9.109.1257.4216.77
Price / Sales1.851.823,462.9166.25
Price / Cash7.698.4727.6631.82
Price / Book0.841.022.404.39
Net Income$223.79M$2.35B$999.85M$214.83M
7 Day Performance0.22%-0.47%1.04%2.65%
1 Month Performance-5.31%-2.67%-0.18%-0.30%
1 Year Performance14.27%11.09%15.82%1.53%

First Merchants Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
FFBC
First Financial Bancorp.
4.7678 of 5 stars
$21.08
-0.6%
$24.67
+17.0%
+3.4%$2.02B$820.58M8.502,165Positive News
High Trading Volume
SFNC
Simmons First National
4.7666 of 5 stars
$16.43
-0.4%
$21.00
+27.8%
-4.0%$2.06B$1.37B12.353,007High Trading Volume
WSBC
WesBanco
3.9471 of 5 stars
$26.22
-0.8%
$30.60
+16.7%
+6.0%$1.56B$831.96M10.932,321Positive News
High Trading Volume
WAFD
WaFd
4.9291 of 5 stars
$26.34
-0.2%
$33.25
+26.2%
+0.2%$2.14B$1.10B10.022,120High Trading Volume
FMBI
First Midwest Bancorp
0 of 5 stars
$21.51
flat
N/A+0.0%$2.46B$789.56M13.442,074
WBS
Webster Financial
5 of 5 stars
$40.86
-0.1%
$57.00
+39.5%
+12.0%$7.01B$3.94B8.374,261Positive News
CBSH
Commerce Bancshares
3.7388 of 5 stars
$54.09
+1.2%
$55.29
+2.2%
+18.4%$7.01B$1.95B15.084,728Positive News
High Trading Volume
WAL
Western Alliance Bancorporation
4.7918 of 5 stars
$58.95
-1.2%
$72.47
+22.9%
+68.3%$6.49B$4.32B8.593,260Analyst Upgrade
CFR
Cullen/Frost Bankers
4.7846 of 5 stars
$98.41
+0.0%
$117.46
+19.4%
-5.0%$6.32B$1.98B11.635,495Analyst Revision
Positive News
BPOP
Popular
4.9812 of 5 stars
$85.08
+0.0%
$99.89
+17.4%
+45.4%$6.15B$3.90B12.629,237High Trading Volume

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This page (NASDAQ:FRME) was last updated on 6/24/2024 by MarketBeat.com Staff

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