FRME Stock Forecast, Price Targets, Chart, Dividends & Analysis
First Merchants Corporation
FRME 
NGS
Sector: Financial Services
Industry: Banks - Regional - US
35.46
USD
0.31
(0.88%)
Previous close: 35.15 Open: 35.36 Bid: 34.5 Ask: 46.5
52 week range
30.55 46.13
Mkt Cap: 2,058 M Avg Vol (90 Days): 289,089
Last updated: Thursday 17th April 2025
Metrics
Valuation
Returns
7 Day Return | -3.93% | |
1 Month Return | -12.83% | |
3 Month Return | -11.24% | |
1 Year Return | 13.12% | |
3 Year Return | -0.87% | |
5 Year Return | 60.22% | |
YTD Return | -11.11% |
Risk
Dividends
Analyst Estimates
Financial Health
Technicals
RSI (14 Day) | 36.22 |
14 Day SMA ($) | 36.79 |
14 Day EMA ($) | 36.52 |
Money Flow Index | 57.31 |
Average True Range | 1.66 |
50 Day SMA ($) | 40.81 |
200 Day SMA ($) | 39.46 |
ADX | 35.47 |
MACD | 0.11 |
Growth
Peers
| Stock | Dividend | Market Cap (B) | PE | Price ($) |
|---|
Financials
FRME Income Statement
Annual
| Dec-15 | Dec-16 | Dec-17 | Dec-18 | Dec-19 | Dec-20 | Dec-21 | Dec-22 | Dec-23 | Dec-24 | |
|---|---|---|---|---|---|---|---|---|---|---|
| AccruedPreferredStockDividends | 1 M | 2 M | 2 M | |||||||
| Amortization of intangibles | -8 M | -4 M | -6 M | -7 M | 6 M | 6 M | 6 M | 8 M | 9 M | 7 M |
| Basic EPS from continuing operations | 1.73 | 1.99 | 2.13 | 3.23 | 3.2 | 2.75 | 3.82 | 3.83 | 3.74 | 3.42 |
| Basic EPS total | 1.73 | 1.99 | 2.13 | 3.23 | 3.2 | 2.75 | 3.82 | 3.83 | 3.74 | 3.42 |
| Basic weighted shares outstanding | 38 M | 41 M | 49 M | 49 M | 51 M | 54 M | 54 M | 58 M | 59 M | 58 M |
| CreditLossesProvision | 417000.0 | 6 M | 9 M | 7 M | 3 M | 59 M | 17 M | 4 M | 36 M | |
| Depreciation unreconciled | 3 M | 4 M | 6 M | 7 M | 6 M | 6 M | 6 M | 8 M | 9 M | 7 M |
| DepreciationAndAmortization | 3 M | 4 M | 6 M | 7 M | 6 M | 6 M | 6 M | 8 M | 9 M | 7 M |
| Diluted EPS total | 1.72 | 1.98 | 2.12 | 3.22 | 3.19 | 2.74 | 3.81 | 3.81 | 3.73 | 3.41 |
| Diluted normalized net income/share | 1.72 | 1.98 | 2.12 | 3.22 | 3.19 | 2.74 | 3.81 | 3.81 | 3.73 | 3.41 |
| Diluted weighted shares outstanding | 38 M | 41 M | 49 M | 50 M | 52 M | 54 M | 54 M | 58 M | 59 M | 59 M |
| Dividends paid per share | 0.84 | 1.0 | 1.13 | 1.25 | 1.34 | 1.39 | ||||
| Equipment | 11 M | 12 M | 13 M | 14 M | 16 M | 19 M | 19 M | 24 M | 24 M | 27 M |
| FeesAndCommissions | 49 M | 50 M | 3 M | 4 M | 4 M | 12 M | 6 M | 1 M | -7 M | -21 M |
| GainOnSaleOfBusiness | 20 M | |||||||||
| GeneralAndAdministrativeExpense | 17 M | 17 M | 17 M | 18 M | 2 M | 7 M | 7 M | 12 M | 16 M | 16 M |
| ImpairmentOfCapitalAssets | -500000.0 | |||||||||
| Income before tax | 91 M | 109 M | 134 M | 188 M | 194 M | 170 M | 241 M | 256 M | 259 M | 232 M |
| Income taxes | 33 M | 34 M | 42 M | 33 M | 29 M | 21 M | 35 M | 34 M | 35 M | 30 M |
| InsuranceAndClaims | 15 M | 15 M | 16 M | 17 M | 717000.0 | 6 M | 6 M | 10 M | 15 M | 15 M |
| Interest expense | -25 M | -27 M | -38 M | -69 M | 109 M | 66 M | 36 M | 85 M | 348 M | 427 M |
| InterestExpenseForDeposit | 15 M | 16 M | 24 M | 52 M | 92 M | 52 M | 23 M | 63 M | 306 M | 386 M |
| InterestExpenseForFederalFundsSoldAndSecuritiesPurchaseUnderAgreementsToResell | 368000.0 | 374000.0 | 477000.0 | 762000.0 | 1 M | 604000.0 | 314000.0 | 1 M | 3 M | 3 M |
| InterestExpenseForLongTermDebt | 3 M | 3 M | 5 M | -332 M | 38 M | 37 M | ||||
| InterestExpenseForLongTermDebtAndCapitalSecurities | 3 M | 3 M | 5 M | -332 M | 38 M | 37 M | ||||
| InterestExpenseForShortTermDebt | 7 M | 7 M | 8 M | 9 M | 9 M | 7 M | 7 M | 9 M | 1 M | 481000.0 |
| InterestIncome | 221 M | 253 M | 315 M | 408 M | 465 M | 449 M | 447 M | 605 M | 894 M | 948 M |
| InterestIncomeAfterProvisionForLoanLoss | 196 M | 215 M | 259 M | 324 M | 354 M | 323 M | 411 M | 503 M | 542 M | 485 M |
| InterestIncomeFromDeposits | 160000.0 | 350000.0 | 736000.0 | 2 M | 4 M | 938000.0 | 634000.0 | 3 M | 18 M | 17 M |
| InterestIncomeFromInvestmentSecurities | 221 M | 253 M | 314 M | 406 M | 461 M | 448 M | 446 M | 106 M | 93 M | 90 M |
| InterestIncomeFromLoans | 354 M | 323 M | ||||||||
| InterestIncomeFromLoansAndLease | 354 M | 323 M | ||||||||
| InterestIncomeFromSecurities | 221 M | 253 M | 314 M | 406 M | 461 M | 448 M | 446 M | 106 M | 93 M | 90 M |
| MarketingExpense | 3 M | 3 M | 4 M | 5 M | 7 M | 7 M | 6 M | 8 M | 7 M | 7 M |
| Net income from total operations | 65 M | 81 M | 96 M | 159 M | 164 M | 149 M | 206 M | 222 M | 224 M | 201 M |
| NetIncomeCommonStockholders | 65 M | 81 M | 96 M | 159 M | 164 M | 149 M | 206 M | 221 M | 222 M | 200 M |
| NetIncomeContinuousOperations | 65 M | 81 M | 96 M | 159 M | 164 M | 149 M | 206 M | 222 M | 224 M | 201 M |
| NetInterestIncome | 196 M | 221 M | 268 M | 332 M | 357 M | 382 M | 411 M | 520 M | 545 M | 521 M |
| NetOccupancyExpense | 15 M | 17 M | 17 M | 18 M | 20 M | 27 M | 23 M | 26 M | 30 M | 28 M |
| NonInterestExpense | -175 M | -177 M | -206 M | -220 M | 247 M | 263 M | 279 M | 356 M | 388 M | 379 M |
| NonInterestIncome | 70 M | 65 M | 71 M | 76 M | 87 M | 110 M | 109 M | 108 M | 106 M | 126 M |
| Normalized income | 205 M | |||||||||
| OccupancyAndEquipment | 25 M | 29 M | 30 M | 33 M | 36 M | 46 M | 43 M | 50 M | 54 M | 55 M |
| Other special charges | -80 M | -118 M | -3 M | -4 M | -2 M | -5 M | ||||
| OtherCustomerServices | 21 M | 19 M | 21 M | |||||||
| OtherGandA | 17 M | 17 M | 17 M | 18 M | 2 M | 7 M | 7 M | 12 M | 16 M | 16 M |
| OtherInterestExpense | -25 M | -27 M | -38 M | 8 M | -7 M | -7 M | -6 M | 85 M | 348 M | |
| OtherNonInterestExpense | 7 M | 9 M | 12 M | 13 M | 37 M | 33 M | 39 M | 49 M | 54 M | 55 M |
| OtherNonInterestIncome | 5 M | 8 M | 61 M | 65 M | 74 M | 80 M | 84 M | 7 M | 8 M | 12 M |
| OtherunderPreferredStockDividend | 1 M | 2 M | 2 M | |||||||
| PreferredStockDividends | 1 M | 2 M | 2 M | |||||||
| ProfessionalExpenseAndContractServicesExpense | 10 M | 7 M | 13 M | 8 M | 15 M | 9 M | 12 M | 22 M | 16 M | 15 M |
| RentAndLandingFees | -3 M | -5 M | -4 M | -4 M | ||||||
| Revenue per share | 3 M | 4 M | 6 M | 7 M | 6 M | 6 M | 6 M | 8 M | 9 M | 7 M |
| SalariesAndWages | 102 M | 103 M | 120 M | 132 M | 144 M | 156 M | 167 M | 207 M | 229 M | 221 M |
| SecuritiesActivities | 3 M | 3 M | 3 M | 4 M | 4 M | 12 M | 6 M | 1 M | -7 M | -21 M |
| Selling Gen & administrative expense | 122 M | 122 M | 140 M | 155 M | 153 M | 170 M | 180 M | 226 M | 252 M | 245 M |
| SellingAndMarketingExpense | 3 M | 3 M | 4 M | 5 M | 7 M | 7 M | 6 M | 8 M | 7 M | 7 M |
| ServiceChargeOnDepositorAccounts | 25 M | 28 M | 30 M | |||||||
| Special income/charges | -7 M | -9 M | -12 M | -13 M | -37 M | -33 M | -39 M | -49 M | -54 M | -55 M |
| Total common shares outstanding | 41 M | 41 M | 50 M | 50 M | 55 M | 54 M | 54 M | 60 M | 59 M | 59 M |
| Total net income | 65 M | 81 M | 96 M | 159 M | 164 M | 149 M | 206 M | 222 M | 224 M | 201 M |
| Total ordinary shares | 59 M | 59 M | 59 M | 59 M | 59 M | 59 M | 59 M | 59 M | 59 M | 59 M |
| Total revenues | 266 M | 286 M | 339 M | 408 M | 443 M | 492 M | 520 M | 628 M | 651 M | 647 M |
| TotalRevenue | 266 M | 286 M | 339 M | 408 M | 443 M | 492 M | 520 M | 628 M | 651 M | 647 M |
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