First Merchants Corporation Depository Shares (FRMEP) Stock Price

FRMEPStock

$25.11+0.43%52W

Market Cap—

P/E12.05x

PEG Ratio1.98

Div yield4.38%

Beta0.89

FRMEP Share Price Chart

Favorite Metrics

Price vs S&P 500 (26W)-12.12%

Price vs S&P 500 (4W)-6.51%

PEG Ratio1.98

VGM Score43.40

P/E Ratio (Annual)12.05x

Indicated Dividend Yield (Annual)4.38%

P/CF (Annual)9.60x

Book Value / Share (Quarterly)$43.36

P/TBV (Annual)0.88x

Indicated Dividend (Annual)$1.48

Revenue Growth (3Y)9.14%

Cash Flow / Share (Quarterly)$5.06

Payout Ratio (TTM)48.15%

Price vs S&P 500 (YTD)-0.11%

Net Profit Margin (TTM)37.76%

EPS (TTM)$3.15

10-Day Avg Trading Volume0.31M

EPS Excl Extra (TTM)$3.15

Revenue Growth (5Y)13.95%

EPS (Annual)$3.92

Dividend / Share (Annual)$1.48

ROI (Annual)8.47%

Net Profit Margin (5Y Avg)35.96%

Cash / Share (Quarterly)$2.11

P/E Basic Excl Extra (TTM)14.64x

Revenue Growth QoQ (YoY)40.28%

EPS Growth (5Y)7.39%

P/E Normalized (Annual)12.05x

ROA (Last FY)1.19%

Revenue Growth TTM (YoY)61.80%

EBITD / Share (TTM)$5.77

ROE (5Y Avg)9.90%

Operating Margin (TTM)44.30%

Cash Flow / Share (Annual)$4.98

P/B Ratio1.01x

P/B Ratio (Quarterly)1.02x

Net Income / Employee (Annual)$108,300

ROA (TTM)0.93%

EPS Growth QoQ (YoY)-28.55%

EV / EBITDA (TTM)11.34x

EPS Incl Extra (Annual)$3.92

3-Month Avg Trading Volume0.39M

52-Week Price Return0.43%

EV / Free Cash Flow (Annual)10.27x

P/E Incl Extra (TTM)14.64x

Tangible BV / Share (Quarterly)$42.73

P/S Ratio (Annual)2.94x

52-Week High$45.33

EPS Excl Extra (Annual)$3.92

Tangible BV CAGR (5Y)5.85%

26-Week Price Return-0.87%

13-Week Price Return4.20%

Total Debt / Equity (Annual)0.08x

Enterprise Value$2.91B

Revenue / Share Growth (5Y)7.16%

Book Value / Share Growth (5Y)4.52%

Revenue / Employee (Annual)$318,450,700,000

Pretax Margin (Annual)40.70%

Cash / Share (Annual)$2.07

3-Month Return Std Dev23.22%

Net Income / Employee (TTM)$89,100

EBITDA CAGR (5Y)15.72%

EBITDA Interim CAGR (5Y)10.87%

ROE (Last FY)9.16%

EPS Basic Excl Extra (Annual)$3.92

P/FCF (TTM)8.65x

EV / Free Cash Flow (TTM)9.25x

Total Debt / Equity (Quarterly)0.07x

EPS Incl Extra (TTM)$3.15

ROI (TTM)6.55%

Dividend Growth Rate (5Y)7.31%

P/S Ratio (TTM)2.76x

Pretax Margin (5Y Avg)41.95%

Revenue / Share (Annual)$10.84

Tangible BV / Share (Annual)$43.07

Forward P/E9.93x

Free OCF CAGR (5Y)6.84%

Price vs S&P 500 (52W)-17.88%

P/E Ratio (TTM)14.64x

EPS Growth TTM (YoY)-18.97%

Year-to-Date Return11.85%

5-Day Price Return-3.03%

EPS Normalized (Annual)$3.92

ROA (5Y Avg)1.22%

Net Profit Margin (Annual)35.36%

Month-to-Date Return-2.83%

Cash Flow / Share (TTM)$4.41

EBITD / Share (Annual)$5.00

EPS Growth (3Y)0.74%

Operating Margin (Annual)40.70%

LT Debt / Equity (Annual)0.02x

P/CF (TTM)8.65x

ROI (5Y Avg)8.58%

P/E Excl Extra (TTM)14.64x

LT Debt / Equity (Quarterly)0.03x

EPS Basic Excl Extra (TTM)$3.15

P/TBV (Quarterly)1.04x

Payout Ratio (Annual)37.52%

P/B Ratio (Annual)0.88x

Dividend / Share (TTM)$1.50

Pretax Margin (TTM)44.30%

Book Value / Share (Annual)$43.31

Price vs S&P 500 (13W)1.41%

Net Margin Growth (5Y)4.01%

Dividend Yield (TTM)3.29%

Beta0.89x

P/FCF (Annual)9.60x

Revenue / Share (TTM)$11.23

ROE (TTM)7.26%

52-Week Low$34.66

vGradeB

gGradeC

mGradeD

vgmGradeC

FRMEP Analyst Recommendations

May 2026

Jun 2026

Jul 2026

Aug 2026

3.92

Industry Peers — National Banks(119)

Symbol	Value Score	Growth Score	Momentum Score	Price
FRMEPFirst Merchants Corporation Depository Shares	B	C	D	$25.11
JPMJPMorgan Chase & Co.	D	B	B	$356.69
BACBank of America Corporation	C	C	B	$62.43
WFCWells Fargo & Co.	C	C	D	$84.79
CCitigroup Inc.	C	C	C	$133.25
UBSUBS Group AG	C	C	B	$54.23
COFCapital One Financial	B	D	C	$216.24
MFGMizuho Financial Group, Inc. American Depositary Shares (Each representing one-fifth of an Ordinary Share)	D	B	B	$10.41
PNCPNC Financial Services Group	C	C	C	$244.11
USBU.S. Bancorp	C	C	C	$62.41
TFCTruist Financial Corporation	B	C	D	$50.30
SHGShinhan Financial Group Co Ltd	B	C	D	$76.81
HBANHuntington Bancshares Inc	C	C	D	$16.95
RFRegions Financial Corp.	C	D	D	$30.63
KEYKeyCorp	C	C	D	$21.89
PNFPPinnacle Financial Partners, Inc.	D	B	D	$100.77
WBSWebster Financial Corporation Waterbury	C	B	C	$77.57
FHNFirst Horizon Corporation	C	B	F	$24.42
UMBFUMB Financial Corp	C	B	C	$143.57
CFRCullen/Frost Bankers Inc.	D	C	B	$163.38
ZIONZions Bancorporation N.A.	B	C	C	$67.57
ONBOld National Bancorp	C	B	D	$25.66
BOKFBOK Financial Corp	C	C	C	$138.62
VLYValley National Bancorp	C	B	C	$14.10
FNBF.N.B. Corp	B	C	D	$18.37
FULTFulton Financial Corp	B	C	C	$23.66
WSFSWSFS Financial Corp	D	B	B	$78.58
WSBCWesBanco Inc	B	B	C	$40.51
BANFBancfirst Corp	D	C	F	$111.09
PRKPark National Corporation	D	D	B	$199.89
NICNicolet Bankshares,Inc.	F	C	B	$171.12
FFBCFirst Financial Bancorp	B	B	C	$32.66
CBUCommunity Financial System, Inc.	D	D	D	$62.93
SFNCSimmons First National Corp	B	C	D	$22.70
BANCBanc of California, Inc.	B	C	D	$18.59
TBBKThe Bancorp Inc.	D	B	C	$66.98
TRMKTrustmark Corp	C	C	D	$46.11
WAFDWaFd, Inc. Common Stock	B	C	D	$36.21
NBTBNBT Bancorp Inc	C	C	C	$51.39
FRMEFirst Merchants Corp	B	C	D	$41.56
NWBINorthwest Bancshares, Inc	C	D	C	$15.30
FCFFirst Commonwealth Financial Corporation	C	C	C	$20.73
CHCOCity Holding Co	D	D	B	$144.47
NBHCNATIONAL BANK HOLDINGS CORP.	C	C	D	$41.29
OCFCOceanFirst Financial Corp	D	C	F	$18.86
DCOMDime Commercial Bancshares, Inc.	C	B	B	$40.39
HOPEHope Bancorp, Inc.	C	C	B	$13.87
FSUNFirstSun Capital Bancorp Common Stock	D	F	D	$40.29
CASHPathward Financial, Inc. Common Stock	B	C	D	$83.59
BFCBank First Corporation Common Stock	F	C	C	$152.99
BHRBBurke & Herbert Financial Services Corp. Common Stock	D	C	C	$71.76

About First Merchants Corporation Depository Shares

First Merchants Corp is a community bank providing personal and business banking, mortgage lending, cash management, wealth management, and insurance services through its local subsidiary network. The company operates as a single community banking segment.