NMS · Banks - Regional

FRME (FRME) Stock

$40.91 -1.35% NMS: FRME Financial Services

Valuation

MetricValue
Price$40.91
Market Cap$2.57B
P/E Ratio13.35
P/B Ratio0.97
P/S Ratio2.41
EPS (TTM)$3.39
52-Week High$45.33
52-Week Low$34.66
Dividend Yield10.59%

Financials & Margins

MetricValue
ROE7.26%
ROA0.87%
ROCE4.61%
Gross Margin24.67%
Operating Margin22.58%
Net Margin17.08%
Debt/Equity0.62
Current Ratio0.20

Annual Financials (USD)

Metric20212022202320242025
Revenue$556.0M$713.0M$999.0M$1.1B$1.1B
Operating Profit$241.0M$256.0M$259.0M$232.0M$259.0M
Net Profit$206.0M$222.0M$224.0M$201.0M$226.0M
EPS$3.81$3.81$3.73$3.41$3.88
Op Margin43.3%35.9%25.9%22.0%24.7%

Balance Sheet (USD)

Metric20212022202320242025
Total Assets$15.5B$17.9B$18.4B$18.3B$19.0B
Total Liabilities$13.5B$15.9B$16.2B$16.0B$16.6B
Cash$641.0M$249.0M$549.0M$387.0M$84.0M
Borrowings$634.0M$1.3B$1.0B$1.2B$1.0B

Latest News

First Merchants (FRME) Reports Next Week: Wall Street Expects Earnings Growth Zacks · Jul 15, 2026 Why Did Piper Sandler Raise First Merchants (FRME) Stock Price Target? Insider Monkey · Jul 14, 2026 3 Bank Stocks We Think Twice About StockStory · Jul 14, 2026 First Merchants Corporation Announces Cash Dividend on its Preferred Stock GlobeNewswire · Jul 13, 2026 Why First Merchants (FRME) is a Top Dividend Stock for Your Portfolio Zacks · Jul 10, 2026

Cash Flow (USD)

Metric20212022202320242025
Operating Cash Flow$215.0M$284.0M$259.0M$266.0M$284.0M
Investing Cash Flow$-1.5B$-463.0M$-344.0M$-252.0M$-774.0M
Financing Cash Flow$1.3B$-280.0M$441.0M$-87.0M$726.0M
Net Cash Flow$-26.0M$-45.0M$-10.0M$-25.0M$-3.0M
Free Cash Flow$215.0M$284.0M$259.0M$266.0M$284.0M

Valuation & Return Ratios

MetricValue
PEG Ratio-0.70
EV / EBITDA
FCF Yield
Quick Ratio
Interest Coverage
Return 1Y9.39%
Return 3Y54.59%
Return 5Y30.81%

Ownership

Insiders Held2.00%
Institutions Held75.29%
Institutions Float Held76.83%
Institutional HolderSharesReport Date
Blackrock Inc.4,899,3562026-03-31
Dimensional Fund Advisors LP3,596,0172026-03-31
Vanguard Portfolio Management LLC3,359,0342026-03-31
Vanguard Capital Management LLC2,730,6112026-03-31
Earnest Partners LLC2,255,5902026-03-31

Peer Comparison

TickerPriceChangeP/EMarket CapDiv Yield
BANR $68.58 -2.22% 11.36 $2.33B 3.14%
BUSE $29.90 -0.66% 10.84 $2.53B 3.43%
CUBI $76.42 -2.25% 9.85 $2.58B 0.00%
EFSC $62.80 -0.68% 12.46 $2.27B 2.21%
FBNC $62.28 -1.81% 21.89 $2.58B 1.60%

About FRME

FRME stock trades at $40.91 with a market capitalization of $2.57B. The stock is valued at a price-to-earnings (P/E) ratio of 13.35, price-to-book of 0.97, price-to-sales of 2.41. Over the past 52 weeks the stock has ranged between $34.66 and $45.33, and currently trades 9.8% below its 52-week high. It pays a dividend yielding 10.59%.

On profitability, FRME generates a return on equity (ROE) of 7.26%, return on capital employed of 4.61%, an operating margin of 22.58%, a net profit margin of 17.08%.

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