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First Merchants Corporation (FRME)

NEUTRAL
Financial ServicesBanks - RegionalUnited States

Fundamental

59

Precio

$41.46

Capitalización Bursátil

$2.65B

Parte 1 · Cuánto vale la empresa

Resumen

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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Balance y Liquidez

Ingresos

$660M

Últimos 12 meses (hasta 31/3/2026)

Beneficio Neto

$199M

Últimos 12 meses (hasta 31/3/2026)

Flujo de Caja Libre

-

Patrimonio Neto Total

$2.47B

Pasivo Total

$16.56B

Ratio de Liquidez

-

Cobertura de Intereses

0.40

Deuda/EBITDA

-

Beneficio Por Acción

Ingresos y Beneficio Neto

Flujo de Caja Libre

Desglose de Ingresos

Estado histórico

Márgenes en el tiempo

La deuda en el tiempo

Cuadro de crecimiento

Crecimiento — Ingresos

Estimación de Valor Justo

BankSobrevalorado

Valor Justo

$32.75

Precio Actual

$41.46

Margen de Seguridad

-26.6%

Rango de Valor Justo

$23.79 - $41.72

Métodos de Estimación

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
Consenso de Analistas:Comprar (9B / 3H / 0S)
Última Sorpresa de Resultados:-29.60%

Métricas de Valoración

Ratio P/E

12.37

ROE

9.2%

Ratio P/B

0.99

P/FCF

-

Margen Bruto

-

ROIC

-

Radar de Rentabilidad

Value Creation (Economic Moat)

ROIC

-

WACC

11.5%

ROIC − WACC

-

Criterios de Análisis Fundamental

Superado (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

Fallido (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%

No disponible (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

Señales mixtas: algunas áreas requieren atención

score
criteria

Calidad de los Beneficios

1.41

Alta calidad: beneficios respaldados por efectivo

Dilución de Acciones

-1.4%

Recomprando acciones. Favorable para el accionista

Gobernanza

Equipo Directivo

NombreCargoEdad
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

Riesgo de Auditoría

3

Riesgo del Consejo

3

Riesgo de Compensación

4

Riesgo de Derechos del Accionista

4

Parte 2 · El precio y el momento de entrar

Esta parte no sirve para saber si la empresa vale: sirve para elegir cuándo comprarla, una vez que los fundamentales te han convencido. Dentro: análisis técnico, potencial, caídas históricas, exposición gamma.

Latest News

Recent headlines for FRME, sourced from Markets Gazette.

No recent news for FRME.