First Merchants Stock (NASDAQ:FRME)
Previous Close
$37.04
52W Range
$25.70 - $42.45
50D Avg
$36.81
200D Avg
$34.68
Market Cap
$2.13B
Avg Vol (3M)
$243.74K
Beta
1.03
Div Yield
$1.40 (3.79%)
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 |
|---|---|---|---|
| Deposit Account | $30.84M | $28.37M | $23.57M |
| Financial Service, Other | $1.88M | $1.94M | $1.49M |
| Fiduciary and Trust | $30.84M | $29.69M | $28.36M |
| Derivative Hedging | $3.38M | $3.39M | $3.85M |
| Credit Card | $18.86M | $20.21M | $16.62M |
Fiscal year ends in Dec 23 | Currency in USD
Peer Comparison
| Ticker | Company |
|---|---|
| OFED | Oconee Federal Financial Corp. |
| HBCP | Home Bancorp, Inc. |
| NFBK | Northfield Bancorp, Inc. (Staten Island, NY) |
| GSBC | Great Southern Bancorp, Inc. |
| FNWD | Finward Bancorp |
| HBNC | Horizon Bancorp, Inc. |
| FBNC | First Bancorp |
| CWBC | Community West Bancshares |
| FFNW | First Financial Northwest, Inc. |
| HMNF | HMN Financial, Inc. |
| GABC | German American Bancorp, Inc. |
| IBCP | Independent Bank Corporation |
| BKSC | Bank of South Carolina Corporation |
| NBHC | National Bank Holdings Corporation |
| FNWB | First Northwest Bancorp |
| HTBI | HomeTrust Bancshares, Inc. |