First Merchants Stock (NASDAQ:FRME)
Previous Close
$34.39
52W Range
$30.55 - $46.13
50D Avg
$40.99
200D Avg
$39.45
Market Cap
$2.06B
Avg Vol (3M)
$295.85K
Beta
0.96
Div Yield
$1.40 (3.98%)
FRME Company Profile
First Merchants Corporation operates as the financial holding company for First Merchants Bank that provides community banking services. It accepts time, savings, and demand deposits; and provides consumer, commercial, agri-business, and real estate mortgage loans, as well as public finance. The company also offers personal and corporate trust; brokerage and private wealth management; and letters of credit, repurchase agreements, and other corporate services. It operates 109 banking locations in Indiana, Illinois, Ohio, and Michigan counties. The company also offers its services through electronic and mobile delivery channels. First Merchants Corporation was founded in 1893 and is headquartered in Muncie, Indiana.
FRME Performance
Revenue Breakdown
Revenue Breakdown by Product/Service
| Product/Service | Dec 24 | Dec 23 | Dec 22 |
|---|---|---|---|
| Derivative Hedging | $3.08M | $3.38M | $3.39M |
| Financial Service, Other | $1.55M | $1.88M | $1.94M |
| Fiduciary and Trust | $34.22M | $30.84M | $29.69M |
| Credit Card | $19.32M | $18.86M | $20.21M |
| Deposit Account | $32.61M | $30.84M | $28.37M |
Fiscal year ends in Dec 24 | Currency in USD
Peer Comparison
| Ticker | Company |
|---|---|
| FNWB | First Northwest Bancorp |
| GSBC | Great Southern Bancorp, Inc. |
| HBCP | Home Bancorp, Inc. |
| HTBI | HomeTrust Bancshares, Inc. |
| FNWD | Finward Bancorp |
| NFBK | Northfield Bancorp, Inc. (Staten Island, NY) |
| HBNC | Horizon Bancorp, Inc. |
| FBNC | First Bancorp |
| NBHC | National Bank Holdings Corporation |
| CWBC | Community West Bancshares |
| FFNW | First Financial Northwest, Inc. |
| GABC | German American Bancorp, Inc. |
| IBCP | Independent Bank Corporation |