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First Merchants Corporation (FRME)

NEUTRAL
Financial ServicesBanks - RegionalUnited States

Fundamental

59

Kurs

$41.46

Marktkapitalisierung

$2.65B

Teil 1 · Was das Unternehmen wert ist

Übersicht

First Merchants Corporation operates as the financial holding company for First Merchants Bank that provides commercial and consumer banking services. The company offers a range of financial services, including checking, savings, and deposit products; debit and credit cards; mortgages, refinance, construction or renovation of residential properties, agricultural lending, treasury management services and depository products. It also provides personal and commercial wealth management services, brokerage, investment management, private banking, fiduciary estate, and financial planning services. The company operates banking locations in Indiana, Ohio, and Michigan counties. It offers its services through electronic and mobile delivery channels. First Merchants Corporation was founded in 1893 and is headquartered in Muncie, Indiana.

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Bilanz & Liquidität

Umsatz

$660M

Letzte 12 Monate (bis 31.3.2026)

Nettogewinn

$199M

Letzte 12 Monate (bis 31.3.2026)

Freier Cashflow

-

Gesamtes Eigenkapital

$2.47B

Gesamtverbindlichkeiten

$16.56B

Current Ratio

-

Zinsdeckungsgrad

0.40

Schulden/EBITDA

-

Gewinn je Aktie

Umsatz & Nettogewinn

Freier Cashflow

Ertragsaufschlüsselung

Historische Aufstellung

Margen im Zeitverlauf

Verschuldung im Zeitverlauf

Wachstumsraster

Wachstum — Umsatz

Innerer-Wert-Schätzung

BankÜberbewertet

Innerer Wert

$32.75

Aktueller Kurs

$41.46

Sicherheitsmarge

-26.6%

Innerer-Wert-Spanne

$23.79 - $41.72

Bewertungsmethoden

Analyst price target:$48.00
Discounted cash flow (DCF):Not applicable to this type of company
Earnings multiple (P/E):$30.90
Graham growth formula:Not applicable to this type of company
Earnings power value (EPV):Not applicable to this type of company
Justified P/B:$26.10
Dividend discount (Gordon):$28.37
P/FFO, funds from operations:Not applicable to this type of company
Mid-cycle earnings:Not applicable to this type of company
Revenue multiple:Not applicable to this type of company
Analystenkonsens:Kaufen (9B / 3H / 0S)
Letzte Gewinnüberraschung:-29.60%

Bewertungskennzahlen

P/E-Verhältnis

12.37

ROE

9.2%

P/B-Verhältnis

0.99

P/FCF

-

Bruttomarge

-

ROIC

-

Rentabilitäts-Radar

Value Creation (Economic Moat)

ROIC

-

WACC

11.5%

ROIC − WACC

-

Fundamentalanalyse-Kriterien

Bestanden (11)

  • EPS shows upward trend
  • P/B Ratio 0.99
  • Operating Margin 33.8%
  • Low reliance on intangibles
  • Price below Graham Number
  • Revenue Growth 5Y 14.0%
  • Analyst Consensus 75% Buy
  • PEG Ratio 1.98
  • Earnings Quality (OCF/NI) 1.41
  • Share Dilution -1.4%
  • Piotroski F-Score 6/9

Nicht bestanden (8)

  • Price CAGR 1.11%
  • Debt/Equity ratio
  • Interest Coverage
  • Return on Tangible Assets
  • DCF valuation (Unknown)
  • ROE 7.3%
  • Earnings Surprise avg -4.9%
  • Net Margin Trend 30.1% vs 32.0%

Nicht verfügbar (8)

  • ROIC NaN%
  • Gross Margin NaN%
  • P/FCF NaN
  • Dividend Payout NaN%
  • Positive Free Cash Flow
  • CapEx intensity
  • Current Ratio
  • Debt/EBITDA

Piotroski F-Score

6/9

Gemischte Signale: Einige Bereiche bedürfen Aufmerksamkeit

score
criteria

Gewinnqualität

1.41

Hohe Qualität: Gewinne durch Cashflow gedeckt

Aktienverwässerung

-1.4%

Aktienrückkäufe. Aktionärsfreundlich

Unternehmensführung

Führungsteam

NamePositionAlter
Mr. Mark K. Hardwick CPACEO & Director54
Mr. Michael C. RechinAdvisor & Vice Chair66
Mr. Michael J. StewartPresident59
Ms. Michele M. KawieckiExecutive VP, CFO & Principal Accounting Officer52
Mr. John J. MartinExecutive VP & Chief Credit Officer58
Mr. Joseph C. PetersonExecutive VP & Chief Commercial Officer49
Mr. Marcos Nogues C.F.A.Chief Investment Officer-
Mr. Stephan H. FluhlerSenior VP & Chief Information Officer56
Ms. Nicole M. WeaverVP & Director of Corporate Administration-
Mr. Brian T. Hunt J.D.Secretary & Legal Counsel65

Prüfungsrisiko

3

Vorstandsrisiko

3

Vergütungsrisiko

4

Aktionärsrechterisiko

4

Teil 2 · Der Preis und der Einstiegszeitpunkt

Dieser Teil sagt nicht, ob das Unternehmen etwas taugt: Er hilft bei der Wahl des Kaufzeitpunkts, nachdem die Fundamentaldaten überzeugt haben. Enthalten: technische Analyse, Potenzial, historische Drawdowns, Gamma-Exposure.

Latest News

Recent headlines for FRME, sourced from Markets Gazette.

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