First Merchants Corporation (FRME) Stock Analysis & Investment Frameworks
First Merchants Corporation (FRME) stock analysis on Invetso. Review First Merchants Corporation’s key financial metrics, company overview and 10 institutional-grade investment frameworks including SWOT Analysis, Economic Moat, Porter’s Five Forces and the Invetso Quality Score.
First Merchants Corporation Company Overview
- Exchange: NASDAQ Global Select
- Sector: Financial Services
- Industry: Banks - Regional
- Country: US
First Merchants Corporation Key Financial Metrics
- Market Cap: $2.56B
- Revenue: $1.05B
- P/E Ratio: 11.31
- ROE: 7.54%
- ROIC: 4.82%
- Dividend Yield: 3.58%
About First Merchants Corporation
First Merchants Corporation operates as a financial holding entity, primarily conducting its business through its subsidiary, First Merchants Bank. This institution delivers a full spectrum of community banking solutions. It accepts various types of deposits, including term, savings, and checking accounts. The company also extends a wide array of lending products, such as consumer, commercial, agricultural business, and real estate mortgage loans, in addition to public finance options. Beyond standard banking, First Merchants provides personal and corporate trust services, brokerage capabilities, and private wealth management. Its corporate offerings further include letters of credit, repurchase agreements, and other specialized financial services. The company maintains a network of 109 physical banking locations situated across counties in Indiana, Illinois, Ohio, and Michigan. Furthermore, it offers convenient access to its services via electronic and mobile platforms. First Merchants Corporation was established in 1893 and is headquartered in Muncie, Indiana.