34.13

0.96% -0.33

First Merchants Corp. (FRME)

Overview News Price History Option Chain Discussions Forecast Stock Split Dividend History

First Merchants Corp. stock is currently priced at $34.13, with a 24-hour trading volume of 229.32K. It has seen a -0.96% decreased in the last 24 hours and a +2.28% rose in the past month. The chart indicates a potential bearish trend, as the stock is below the $34.27 pivot point. If it approaches the $33.59 support level, significant changes may occur.

Previous Close:

$34.46

Open:

$34.32

24h Volume:

229.32K

Market Cap:

$2.00B

Revenue:

$651.00M

Net Income/Loss:

$223.79M

P/E Ratio:

8.0877

EPS:

4.22

Net Cash Flow:

$258.83M

1W Performance:

+0.18%

1M Performance:

+2.28%

6M Performance:

+25.39%

1Y Performance:

+22.51%

1D Range:

$33.72

$34.91

52W Range:

$24.52

$38.16

First Merchants Corp. Stock (FRME) Company Profile

Name

First Merchants Corp.

Sector

Financial (4475)

Industry

Banks - Regional (362)

Phone

765-747-1500

Address

200 East Jackson Street, Muncie, IN

Employee

1,684

Twitter

@firstmerchants

Next Earnings Date

2024-05-07

Latest SEC Filings

FRME's Discussions on Twitter

First Merchants Corp. Stock (FRME) Upgrades & Downgrades

Date	Action	Analyst	Rating Change
Feb-21-23	Downgrade	Raymond James	Strong Buy → Outperform
Jul-07-22	Upgrade	Raymond James	Outperform → Strong Buy
Dec-13-21	Upgrade	Hovde Group	Market Perform → Outperform
Jul-29-21	Upgrade	Janney	Neutral → Buy
Feb-01-21	Upgrade	Raymond James	Mkt Perform → Outperform
Nov-12-20	Upgrade	Stephens	Equal-Weight → Overweight
Jun-17-20	Downgrade	Raymond James	Outperform → Mkt Perform
Apr-09-20	Downgrade	Stephens	Overweight → Equal-Weight
Jul-09-19	Upgrade	Stephens	Equal-Weight → Overweight
May-22-19	Initiated	Hovde Group	Market Perform
Apr-09-19	Initiated	Raymond James	Outperform
Nov-19-18	Upgrade	Sandler O'Neill	Hold → Buy
Jul-30-18	Downgrade	Stephens	Overweight → Equal-Weight
Oct-06-17	Resumed	Piper Jaffray	Neutral
Jul-11-16	Initiated	Piper Jaffray	Neutral
Dec-16-15	Initiated	Sun Trust Rbsn Humphrey	Neutral
Apr-28-15	Downgrade	FIG Partners	Outperform → Market Perform
Apr-24-15	Downgrade	Sandler O'Neill	Buy → Hold
Apr-25-14	Upgrade	DA Davidson	Neutral → Buy
Sep-26-13	Initiated	DA Davidson	Buy
Apr-29-11	Upgrade	Stifel Nicolaus	Hold → Buy
Sep-29-10	Initiated	Stifel Nicolaus	Hold
May-02-07	Reiterated	RBC Capital Mkts	Underperform

View All

First Merchants Corp. Stock (FRME) Latest News

First Merchants Corporation to Report First Quarter 2024 Financial Results, Host Conference Call and Webcast

GlobeNewswire Inc.

First Merchants Corp. Stock (FRME) Financials Data

First Merchants Corp. (FRME) Revenue 2024

FRME reported a revenue (TTM) of $651.00 million for the quarter ending December 31, 2023, a +3.64% rise year-over-year.

First Merchants Corp. (FRME) Net Income 2024

FRME net income (TTM) was $223.79 million for the quarter ending December 31, 2023, a +0.76% increase year-over-year.

First Merchants Corp. (FRME) Cash Flow 2024

FRME recorded a free cash flow (TTM) of $258.83 million for the quarter ending December 31, 2023, a -8.95% decrease year-over-year.

First Merchants Corp. (FRME) Earnings per Share 2024

FRME earnings per share (TTM) was $3.74 for the quarter ending December 31, 2023, a -1.84% decline year-over-year.

First Merchants Corporation operates as the financial holding company for First Merchants Bank that provides community banking services. It accepts time, savings, and demand deposits; and provides consumer, commercial, agri-business, and real estate mortgage loans, as well as rents safe deposit facilities. The company also provides personal and corporate trust, full-service brokerage, corporate, letters of credit, and repurchase agreements services. It operates 119 banking locations in 31 Indiana, 2 Illinois, and 2 Ohio counties. The company's delivery channels include ATMs, check cards, remote deposit capture, interactive voice response systems, and Internet technology. First Merchants Corporation was founded in 1893 and is headquartered in Muncie, Indiana.