1. United States of America Stocks

  2. •

    Financial Services

  3. •

    Banks - Regional
First Merchants Corporation

First Merchants Corporation

FRME
First Merchants CorporationUS flagNASDAQ Global Select
40.15
USD
+0.62
- -
2.53BMarket Cap

Total Valuation

First Merchants Corporation carries a market capitalization of 2.45B, placing it among publicly traded companies globally. Its enterprise value stands at 2.98B, reflecting the total theoretical takeover cost after accounting for cash holdings and debt obligations.

Market Cap2.45B
Enterprise Value2.98B

Share Statistics

First Merchants Corporation currently has 62.51M shares outstanding.

Shares Outstanding62.51M
Owned by Insiders (%)N/A
Owned by Institutions (%)N/A

Valuation Ratios

First Merchants Corporation trades at a trailing price-to-earnings ratio of 11.42. The price-to-sales ratio is 3.41, and the price-to-book ratio stands at 1.58.

PE Ratio11.42
PS Ratio3.41
PB Ratio1.58
P/TBV Ratio1.23
P/FCF Ratio8.06
P/OCF Ratio8.02

Enterprise Valuation

On an enterprise value basis, First Merchants Corporation trades at an EV/EBITDA multiple of 97.33 and an EV/FCF ratio of 10.61.

EV / Sales4.51
EV / EBITDA97.33
EV / EBITN/A
EV / FCF10.61

Financial Position

Current RatioN/A
Quick RatioN/A
Debt / Equity51.84
Debt / EBITDA45.31
Interest CoverageN/A

Financial Efficiency

Return on Equity (ROE)14.37
Return on Assets (ROA)1.01
Return on Invested Capital (ROIC)N/A
Return on Capital Employed (ROCE)N/A
Revenue Per EmployeeN/A
Employee CountN/A
Inventory TurnoverN/A

Taxes

Over the trailing twelve months, First Merchants Corporation has paid 24.17M in income taxes, reflecting an effective tax rate of 10.84.

Income Tax24.17M
Effective Tax Rate10.84

Stock Price Statistics

First Merchants Corporation's stock has gained approximately 3.04636% over the past 52 weeks. The 50-day moving average sits at 39.95, while the 200-day moving average is 38.84.

Beta (5Y)N/A
52-Week Price Change3.04636%
50-Day Moving Average39.95
200-Day Moving Average38.84
Average Volume (20 Days)N/A

Income Statement

Over the trailing twelve months, First Merchants Corporation generated 659.76M in revenue and converted that into 198.82M in net income, yielding earnings per share of 3.40.

Revenue659.76M
Gross ProfitN/A
Operating IncomeN/A
Pretax Income222.99M
Net Income198.82M
EBITDA30.58M
EBITN/A
Earnings Per Share (EPS)3.40

Balance Sheet

First Merchants Corporation holds 683.89M in cash and equivalents against 1.39B in total debt, resulting in a net debt position of 1.11B.

Cash & Cash Equivalents683.89M
Total Debt1.39B
Net Debt1.11B
Equity (Book Value)1.43B
Book Value Per Share24.56
Working CapitalN/A

Cash Flow

First Merchants Corporation produced 280.54M in operating cash flow over the past twelve months.

Operating Cash Flow280.54M
Capital ExpendituresN/A
Free Cash Flow280.54M
FCF Per Share4.83

Margins

First Merchants Corporation operates with a gross margin of 100.00, reflecting its pricing power and cost economics.

Gross Margin100.00
Operating MarginN/A
Pretax Margin33.80
Profit Margin30.13
EBITDA Margin4.63

Dividends & Yields

The company's payout ratio of 43.28 indicates the proportion of earnings distributed to shareholders.

Dividend Per Share1.50
Dividend YieldN/A
Payout Ratio43.28
Shareholder Yield1.03
FCF Yield12.40

Stock Splits

First Merchants Corporation's most recent stock split took place on August 27, 2003 with a 20:21 split ratio.

Last Split Date8/27/2003
Split Ratio20:21

Scores

First Merchants Corporation posts an Altman Z-Score of 0.20, below the 3.0 threshold that indicates strong financial health and minimal bankruptcy risk.

Altman Z-Score0.20