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First Merchants (FRME) Competitors

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$39.93 +0.35 (+0.88%)
As of 11:45 AM Eastern
This is a fair market value price provided by Massive. Learn more.

FRME vs. BUSE, EFSC, FFBC, FRMEP, and UBSI

Should you buy First Merchants stock or one of its competitors? First Merchants's main competitors and comparable companies include First Busey (BUSE), Enterprise Financial Services (EFSC), First Financial Bancorp. (FFBC), First Merchants (FRMEP), and United Bankshares (UBSI). Companies are selected based on similarities in market, industry, and size. These companies are all part of the "regional banks" industry.

How does First Merchants compare to First Busey?

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

First Merchants currently has a consensus target price of $51.00, indicating a potential upside of 27.72%. First Busey has a consensus target price of $31.00, indicating a potential upside of 4.25%. Given First Merchants' stronger consensus rating and higher possible upside, analysts clearly believe First Merchants is more favorable than First Busey.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
First Merchants
0 Sell rating(s)
2 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
2.50
First Busey
0 Sell rating(s)
4 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.43

First Busey has a net margin of 21.00% compared to First Merchants' net margin of 17.05%. First Busey's return on equity of 10.48% beat First Merchants' return on equity.

Company Net Margins Return on Equity Return on Assets
First Merchants17.05% 8.86% 1.12%
First Busey 21.00%10.48%1.40%

First Merchants pays an annual dividend of $1.48 per share and has a dividend yield of 3.7%. First Busey pays an annual dividend of $1.04 per share and has a dividend yield of 3.5%. First Merchants pays out 47.4% of its earnings in the form of a dividend. First Busey pays out 43.0% 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 has increased its dividend for 13 consecutive years and First Busey has increased its dividend for 10 consecutive years. First Merchants is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.

73.9% of First Merchants shares are owned by institutional investors. Comparatively, 56.5% of First Busey shares are owned by institutional investors. 1.8% of First Merchants shares are owned by company insiders. Comparatively, 3.8% of First Busey shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock will outperform the market over the long term.

First Merchants has a beta of 0.87, suggesting that its stock price is 13% less volatile than the broader market. Comparatively, First Busey has a beta of 0.75, suggesting that its stock price is 25% less volatile than the broader market.

First Merchants has higher revenue and earnings than First Busey. First Busey 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$1.05B2.38$226M$3.1212.80
First Busey$1.04B2.35$135.26M$2.4212.29

In the previous week, First Merchants had 9 more articles in the media than First Busey. MarketBeat recorded 10 mentions for First Merchants and 1 mentions for First Busey. First Busey's average media sentiment score of 0.87 beat First Merchants' score of 0.33 indicating that First Busey 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)
1 Positive mention(s)
8 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral
First Busey
0 Very Positive mention(s)
1 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Summary

First Merchants beats First Busey on 12 of the 19 factors compared between the two stocks.

How does First Merchants compare to Enterprise Financial Services?

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

Enterprise Financial Services presently has a consensus price target of $70.00, suggesting a potential upside of 16.50%. First Merchants has a consensus price target of $51.00, suggesting a potential upside of 27.72%. Given First Merchants' higher possible upside, analysts plainly believe First Merchants is more favorable than Enterprise Financial Services.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Enterprise Financial Services
0 Sell rating(s)
2 Hold rating(s)
4 Buy rating(s)
1 Strong Buy rating(s)
2.86
First Merchants
0 Sell rating(s)
2 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
2.50

In the previous week, First Merchants had 9 more articles in the media than Enterprise Financial Services. MarketBeat recorded 10 mentions for First Merchants and 1 mentions for Enterprise Financial Services. Enterprise Financial Services' average media sentiment score of 0.90 beat First Merchants' score of 0.33 indicating that Enterprise Financial Services is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Enterprise Financial Services
0 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
First Merchants
1 Very Positive mention(s)
1 Positive mention(s)
8 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral

Enterprise Financial Services pays an annual dividend of $1.40 per share and has a dividend yield of 2.3%. First Merchants pays an annual dividend of $1.48 per share and has a dividend yield of 3.7%. Enterprise Financial Services pays out 27.8% of its earnings in the form of a dividend. First Merchants pays out 47.4% 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. Enterprise Financial Services has increased its dividend for 11 consecutive years and First Merchants has increased its dividend for 13 consecutive years. First Merchants is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.

Enterprise Financial Services has a beta of 0.82, meaning that its stock price is 18% less volatile than the broader market. Comparatively, First Merchants has a beta of 0.87, meaning that its stock price is 13% less volatile than the broader market.

72.2% of Enterprise Financial Services shares are owned by institutional investors. Comparatively, 73.9% of First Merchants shares are owned by institutional investors. 2.2% of Enterprise Financial Services shares are owned by insiders. Comparatively, 1.8% of First Merchants shares are owned by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock will outperform the market over the long term.

First Merchants has higher revenue and earnings than Enterprise Financial Services. Enterprise Financial Services 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
Enterprise Financial Services$1.00B2.17$201.37M$5.0311.95
First Merchants$1.05B2.38$226M$3.1212.80

Enterprise Financial Services has a net margin of 18.72% compared to First Merchants' net margin of 17.05%. Enterprise Financial Services' return on equity of 9.70% beat First Merchants' return on equity.

Company Net Margins Return on Equity Return on Assets
Enterprise Financial Services18.72% 9.70% 1.11%
First Merchants 17.05%8.86%1.12%

Summary

First Merchants beats Enterprise Financial Services on 11 of the 20 factors compared between the two stocks.

How does First Merchants compare to First Financial Bancorp.?

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

First Merchants currently has a consensus target price of $51.00, indicating a potential upside of 27.72%. First Financial Bancorp. has a consensus target price of $34.00, indicating a potential upside of 6.66%. Given First Merchants' higher probable upside, equities research 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)
2 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
2.50
First Financial Bancorp.
0 Sell rating(s)
3 Hold rating(s)
5 Buy rating(s)
0 Strong Buy rating(s)
2.63

73.9% of First Merchants shares are owned by institutional investors. Comparatively, 77.2% of First Financial Bancorp. shares are owned by institutional investors. 1.8% of First Merchants shares are owned by insiders. Comparatively, 1.1% of First Financial Bancorp. shares are owned by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock will outperform the market over the long term.

First Merchants has a beta of 0.87, suggesting that its share price is 13% less volatile than the broader market. Comparatively, First Financial Bancorp. has a beta of 0.93, suggesting that its share price is 7% less volatile than the broader market.

In the previous week, First Merchants had 5 more articles in the media than First Financial Bancorp.. MarketBeat recorded 10 mentions for First Merchants and 5 mentions for First Financial Bancorp.. First Financial Bancorp.'s average media sentiment score of 0.77 beat First Merchants' score of 0.33 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)
1 Positive mention(s)
8 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral
First Financial Bancorp.
1 Very Positive mention(s)
3 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

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$1.05B2.38$226M$3.1212.80
First Financial Bancorp.$1.26B2.66$255.60M$2.8311.26

First Merchants pays an annual dividend of $1.48 per share and has a dividend yield of 3.7%. First Financial Bancorp. pays an annual dividend of $1.04 per share and has a dividend yield of 3.3%. First Merchants pays out 47.4% of its earnings in the form of a dividend. First Financial Bancorp. pays out 36.7% 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 has increased its dividend for 13 consecutive years and First Financial Bancorp. has increased its dividend for 1 consecutive years. First Merchants is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.

First Financial Bancorp. has a net margin of 20.77% compared to First Merchants' net margin of 17.05%. First Financial Bancorp.'s return on equity of 11.13% beat First Merchants' return on equity.

Company Net Margins Return on Equity Return on Assets
First Merchants17.05% 8.86% 1.12%
First Financial Bancorp. 20.77%11.13%1.49%

Summary

First Financial Bancorp. beats First Merchants on 12 of the 19 factors compared between the two stocks.

How does First Merchants compare to First Merchants?

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

73.9% of First Merchants shares are held by institutional investors. 1.8% of First Merchants shares are held by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company is poised for long-term growth.

First Merchants has higher revenue and earnings than First Merchants.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
First Merchants$1.05B2.38$226M$3.1212.80
First Merchants$691.54MN/AN/AN/AN/A

First Merchants has a net margin of 17.05% compared to First Merchants' net margin of 0.00%. First Merchants' return on equity of 8.86% beat First Merchants' return on equity.

Company Net Margins Return on Equity Return on Assets
First Merchants17.05% 8.86% 1.12%
First Merchants N/A N/A N/A

First Merchants currently has a consensus price target of $51.00, indicating a potential upside of 27.72%. Given First Merchants' stronger consensus rating and higher probable upside, equities research analysts clearly believe First Merchants is more favorable than First Merchants.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
First Merchants
0 Sell rating(s)
2 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
2.50
First Merchants
0 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
0.00

In the previous week, First Merchants had 10 more articles in the media than First Merchants. MarketBeat recorded 10 mentions for First Merchants and 0 mentions for First Merchants. First Merchants' average media sentiment score of 0.33 beat First Merchants' score of 0.00 indicating that First Merchants is being referred to more favorably in the media.

Company Overall Sentiment
First Merchants Neutral
First Merchants Neutral

First Merchants pays an annual dividend of $1.48 per share and has a dividend yield of 3.7%. First Merchants pays an annual dividend of $1.88 per share and has a dividend yield of 7.5%. First Merchants pays out 47.4% of its earnings in the form of a dividend. First Merchants has raised its dividend for 13 consecutive years.

Summary

First Merchants beats First Merchants on 12 of the 14 factors compared between the two stocks.

How does First Merchants compare to United Bankshares?

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

United Bankshares pays an annual dividend of $1.52 per share and has a dividend yield of 3.2%. First Merchants pays an annual dividend of $1.48 per share and has a dividend yield of 3.7%. United Bankshares pays out 41.4% of its earnings in the form of a dividend. First Merchants pays out 47.4% 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. United Bankshares has increased its dividend for 26 consecutive years and First Merchants has increased its dividend for 13 consecutive years.

United Bankshares has a beta of 0.72, meaning that its stock price is 28% less volatile than the broader market. Comparatively, First Merchants has a beta of 0.87, meaning that its stock price is 13% less volatile than the broader market.

United Bankshares presently has a consensus target price of $47.80, suggesting a potential upside of 1.92%. First Merchants has a consensus target price of $51.00, suggesting a potential upside of 27.72%. Given First Merchants' stronger consensus rating and higher probable upside, analysts clearly believe First Merchants is more favorable than United Bankshares.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
United Bankshares
0 Sell rating(s)
4 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.43
First Merchants
0 Sell rating(s)
2 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
2.50

70.8% of United Bankshares shares are owned by institutional investors. Comparatively, 73.9% of First Merchants shares are owned by institutional investors. 3.2% of United Bankshares shares are owned by insiders. Comparatively, 1.8% of First Merchants shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company is poised for long-term growth.

United Bankshares has a net margin of 27.97% compared to First Merchants' net margin of 17.05%. United Bankshares' return on equity of 9.39% beat First Merchants' return on equity.

Company Net Margins Return on Equity Return on Assets
United Bankshares27.97% 9.39% 1.53%
First Merchants 17.05%8.86%1.12%

In the previous week, First Merchants had 7 more articles in the media than United Bankshares. MarketBeat recorded 10 mentions for First Merchants and 3 mentions for United Bankshares. United Bankshares' average media sentiment score of 1.28 beat First Merchants' score of 0.33 indicating that United Bankshares is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
United Bankshares
2 Very Positive mention(s)
1 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
First Merchants
1 Very Positive mention(s)
1 Positive mention(s)
8 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral

United Bankshares has higher revenue and earnings than First Merchants. United Bankshares 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
United Bankshares$1.82B3.51$464.60M$3.6712.78
First Merchants$1.05B2.38$226M$3.1212.80

Summary

United Bankshares beats First Merchants on 12 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$2.51B$22.57B$13.32B$13.27B
Dividend Yield3.72%3.14%6.03%15.88%
P/E Ratio12.8025.4324.5126.15
Price / Sales2.388.98510.2693.06
Price / Cash8.9914.6847.4551.25
Price / Book0.951.352.706.34
Net Income$226M$2.58B$1.32B$361.18M
7 Day Performance-1.92%-0.82%-0.80%-1.17%
1 Month Performance-4.18%-1.84%1.25%-3.40%
1 Year Performance6.51%21.87%8.36%3.28%

First Merchants Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
FRME
First Merchants
4.7349 of 5 stars
$39.93
+0.9%
$51.00
+27.7%
+4.7%$2.51B$1.05B12.802,086
BUSE
First Busey
3.6715 of 5 stars
$29.38
-1.3%
$32.00
+8.9%
+27.6%$2.43B$1.04B12.141,948
EFSC
Enterprise Financial Services
4.5018 of 5 stars
$59.29
-1.4%
$70.00
+18.1%
+3.8%$2.15B$1.00B11.801,418
FFBC
First Financial Bancorp.
3.2183 of 5 stars
$31.49
-1.4%
$34.00
+8.0%
+24.4%$3.30B$1.26B11.132,199
FRMEP
First Merchants
N/A$25.33
+0.5%
N/A-3.6%$0.00$691.54MN/A2,086

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This page (NASDAQ:FRME) was last updated on 10/2/2026 by MarketBeat.com Staff.
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