FRME
First Merchants Corporation
Dividend Growth | |
| Min. Div. Growth Past 7 Yrs. ≥ 15%: 3.2% | |
| Rolling 4-Yrs Div. Growth Past 7 Yrs ≥ 15%: 7.3% | |
| Years of Div. Growth ≥ 15: 14 | |
Income Generation | |
| Current Yield 3.2% ≥ 20-Yrs Treasury Yield 4.7% | |
| Total Dividends ≥ 20-Yrs Treasury Coupons in 5 Yrs | |
Sustainability | |
| Debt-To-Equity 0.28 ≤ 0.45 | |
| Last 12Months Cash Payout 0.37 ≤ 0.6 | |
Profitability | |
| 5-Yr Avg. Return-on-Equity 10.2% ≥ 15% | |
| Last 12Months Return-on-Equity 9.5% ≥ 15% | |
| Last 12Months Net Profit Margin 24.5% ≥ 10% | |
Fair Value | |
| Average 5-Yrs High Yield 4.2% | |
| Current Price $43.5 ≤ High Yield Price $32.7 | |
| Average 5-Yrs Price-to-Earning (P/E) 10.2 | |
| Current Price $43.5 ≤ Average P/E Price $35.2 | |
| Current Price $43.5 ≤ Fair Value $29.0 |
Company Description
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.
Dividend
Revenue
Earning
Free Cash Flow