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First Merchants Corporation (FRME)

NEUTRAL
Financial ServicesBanks - RegionalUnited States

Fundamental

59

Preço

$41.46

Capitalização de Mercado

$2.65B

Parte 1 · Quanto vale a empresa

Visão Geral

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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Direct competitors

Who this company fights with for the same customers

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No competitor list for this company yet.

Balanço & Liquidez

Receita

$660M

Últimos 12 meses (até 31/03/2026)

Resultado Líquido

$199M

Últimos 12 meses (até 31/03/2026)

Fluxo de Caixa Livre

-

Capital Próprio Total

$2.47B

Passivo Total

$16.56B

Rácio de Liquidez

-

Cobertura de Juros

0.40

Dívida/EBITDA

-

Resultados Por Ação

Receita & Resultado Líquido

Fluxo de Caixa Livre

Decomposição dos Resultados

Demonstração histórica

Margens ao longo do tempo

A dívida ao longo do tempo

Grelha do crescimento

Crescimento — Receitas

Estimativa de Valor Justo

BankSobrevalorizada

Valor Justo

$32.75

Preço Atual

$41.46

Margem de Segurança

-26.6%

Intervalo de Valor Justo

$23.79 - $41.72

Métodos de Estimativa

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

Métricas de Avaliação

Rácio P/E

12.37

ROE

9.2%

Rácio P/B

0.99

P/FCF

-

Margem Bruta

-

ROIC

-

Radar de Rentabilidade

Value Creation (Economic Moat)

ROIC

-

WACC

11.5%

ROIC − WACC

-

Critérios de Análise Fundamental

Aprovado (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

Reprovado (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%

Indisponível (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

Sinais mistos: algumas áreas requerem atenção

score
criteria

Qualidade dos Resultados

1.41

Alta qualidade: resultados respaldados por caixa

Diluição de Ações

-1.4%

A recomprar ações. Favorável ao acionista

Governação

Equipa Executiva

NomeCargoIdade
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

Risco de Auditoria

3

Risco do Conselho

3

Risco de Remuneração

4

Risco dos Direitos dos Acionistas

4

Parte 2 · O preço e o momento de entrar

Esta parte não serve para saber se a empresa vale: serve para escolher quando comprá-la, depois que os fundamentos te convenceram. Dentro: análise técnica, potencial, quedas históricas, exposição gama.

Latest News

Recent headlines for FRME, sourced from Markets Gazette.

No recent news for FRME.