First MerchantsFRME
FRME
About: First Merchants Corp, through its subsidiaries, provides its customers with financial services delivered locally by bankers. It offers personal banking, business banking, real estate mortgage lending, cash management services, brokerage, wealth management, and insurance. The company reports in only one segment which is community banking.
Employees: 2,120
0
Funds holding %
of 7,296 funds
0
Analysts bullish %
of 3 analysts
Fund manager confidence
Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
138% more first-time investments, than exits
New positions opened: 38 | Existing positions closed: 16
50% more funds holding in top 10
Funds holding in top 10: 2 [Q4 2024] → 3 (+1) [Q1 2025]
7% more funds holding
Funds holding: 251 [Q4 2024] → 268 (+17) [Q1 2025]
1.18% more ownership
Funds ownership: 74.42% [Q4 2024] → 75.6% (+1.18%) [Q1 2025]
3% more capital invested
Capital invested by funds: $1.74B [Q4 2024] → $1.79B (+$47.7M) [Q1 2025]
15% less repeat investments, than reductions
Existing positions increased: 78 | Existing positions reduced: 92
Research analyst outlook
3 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$46
28%
upside
Avg. target
$48
33%
upside
High target
$49
36%
upside
3 analyst ratings
3 positive
100%
0 neutral
0%
0 negative
0%
Piper Sandler Nathan Race | 36%upside $49 | Overweight Maintained | 28 Apr 2025 |
Keefe, Bruyette & Woods Damon Delmonte | 36%upside $49 | Outperform Maintained | 25 Apr 2025 |
Raymond James Daniel Tamayo | 28%upside $46 | Outperform Maintained | 2 Apr 2025 |
Financial journalist opinion
Neutral
GlobeNewsWire
3 weeks ago
First Merchants Corporation Announces Changed Ex-Dividend Date for Previously Announced Dividend
MUNCIE, Ind., May 21, 2025 (GLOBE NEWSWIRE) -- First Merchants Corporation (Nasdaq: FRME) has amended the ex-dividend date for its recently declared cash dividend of $0.36 from June 5, 2025, to June 6, 2025. The payment date for the quarterly dividend will remain as June 20, 2025, as previously announced on May 16, 2025.
Neutral
GlobeNewsWire
4 weeks ago
First Merchants Corporation Announces Cash Dividend
MUNCIE, Ind., May 16, 2025 (GLOBE NEWSWIRE) -- First Merchants Corporation (NASDAQ: FRME) declared a cash dividend on May 16, 2025 of $0.36 per share. The dividend is payable on June 20, 2025, to common shareholders of record as of June 6, 2025. For purposes of broker trading, the ex-date of the cash dividend is June 5, 2025.
Negative
Seeking Alpha
1 month ago
First Merchants Corporation: Downgrading After A Good Run
First Merchants Corporation has seen a 27.5% increase in shares since my 'buy' rating in June 2024, outperforming the S&P 500's 7% rise. Despite growth in key balance sheet areas, recent financial performance has been mixed, with revenue and profit volatility prompting a downgrade to 'hold'. The bank's loan portfolio is diversified, but a high proportion of variable-rate loans could impact income negatively if interest rates drop.
Positive
Seeking Alpha
1 month ago
First Merchants Corporation: Why The Market Still Doesn't Trust This Bank
First Merchants' current valuation is fair, with a solid 3.57% dividend yield, but limited capital gain potential and historical dividend growth concerns. FRME's deposits are sound but exhibit slow growth, with 30.40% being uninsured, posing a potential risk during economic downturns or panics. The bank's securities portfolio has significant unrealized losses, amounting to 23% of equity, necessitating a wait for maturity to avoid substantial equity deterioration.
Neutral
Seeking Alpha
1 month ago
First Merchants Corporation (FRME) Q1 2025 Earnings Call Transcript
First Merchants Corporation (NASDAQ:FRME ) Q1 2025 Results Conference Call April 24, 2025 11:30 AM ET Company Participants Mark Hardwick - Chief Executive Officer Michael Stewart - President Michele Kawiecki - Chief Financial Officer John Martin - Chief Credit Officer Conference Call Participants Daniel Tamayo - Raymond James Terry McEvoy - Stephens Damon DelMonte - KBW Nathan Race - Piper Sandler Brian Martin - Janney Montgomery Scott Operator Thank you for standing by and welcome to the First Merchants Corporation's First Quarter 2025 Earnings Conference Call. Before we begin, management would like to remind you that, today's call contains forward-looking statements with respect to the future performance of financial condition of First Merchants Corporation that involve risks and uncertainties.
Neutral
Zacks Investment Research
1 month ago
Here's What Key Metrics Tell Us About First Merchants (FRME) Q1 Earnings
While the top- and bottom-line numbers for First Merchants (FRME) give a sense of how the business performed in the quarter ended March 2025, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Positive
Zacks Investment Research
1 month ago
First Merchants (FRME) Tops Q1 Earnings Estimates
First Merchants (FRME) came out with quarterly earnings of $0.94 per share, beating the Zacks Consensus Estimate of $0.91 per share. This compares to earnings of $0.85 per share a year ago.
Neutral
GlobeNewsWire
1 month ago
First Merchants Corporation Announces First Quarter 2025 Earnings Per Share
MUNCIE, Ind., April 24, 2025 (GLOBE NEWSWIRE) -- First Merchants Corporation (NASDAQ - FRME) First Quarter 2025 Highlights: Net income available to common stockholders was $54.9 million and diluted earnings per common share totaled $0.94 compared to adjusted net income and diluted earnings per common share 1 of $50.1 million and $0.85 in the first quarter of 2024.
Positive
Zacks Investment Research
1 month ago
Are You Looking for a High-Growth Dividend Stock?
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does First Merchants (FRME) have what it takes?
Positive
Zacks Investment Research
1 month ago
First Merchants (FRME) Reports Next Week: Wall Street Expects Earnings Growth
First Merchants (FRME) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
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