First Merchants Stock (NASDAQ:FRME)
Previous Close
$41.37
52W Range
$30.55 - $46.13
50D Avg
$41.66
200D Avg
$37.35
Market Cap
$2.42B
Avg Vol (3M)
$258.36K
Beta
1.02
Div Yield
$1.39 (3.37%)
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 23 | Dec 22 | Dec 21 |
|---|---|---|---|
| Credit Card | $18.86M | $20.21M | $16.62M |
| Deposit Account | $30.84M | $28.37M | $23.57M |
| Derivative Hedging | $3.38M | $3.39M | $3.85M |
| Financial Service, Other | $1.88M | $1.94M | $1.49M |
| Fiduciary and Trust | $30.84M | $29.69M | $28.36M |
Fiscal year ends in Dec 23 | 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. |
| NBHC | National Bank Holdings Corporation |
| FBNC | First Bancorp |
| CWBC | Community West Bancshares |
| GABC | German American Bancorp, Inc. |
| FFNW | First Financial Northwest, Inc. |
| IBCP | Independent Bank Corporation |