First Merchants share price today

(FRME)

First Merchants share price is $41.03 & ₹3,498.63 as on 27 Dec 2024, 2.30 'hrs' IST

$41.03

▲

0.16

(0.39%)

Market is closed - opens 8 PM, 27 Dec 2024

View live First Merchants share price in Dollar and Rupees. Guide to invest in First Merchants from India. Also see the sentimental analysis on Indian investors investing in First Merchants. Get details on the Indian mutual funds that are investing in First Merchants. Get Analyst recommendations and forecasts along with all the First Merchants's financials.

First Merchants share price movements

Today's Low: $40.34
Today's High: $41.15
$41.03
1.69%
Downside
Day's Volatility :1.98%
Upside
0.29%
52 Weeks Low: $30.55
52 Weeks High: $46.13
$41.03
25.54%
Downside
52 Weeks Volatility :33.77%
Upside
11.06%

First Merchants Returns

Period	First Merchants Corp	Sector (Financials)	Index (Russel 2000)
3 Months	11.45%	8.8%	0.0%
6 Months	22.77%	19.4%	0.0%
1 Year	8.67%	30.7%	0.0%
3 Years	-2.48%	26.2%	-21.1%

First Merchants Key Statistics

in dollars & INR

Previous Close	$40.87
Open	$40.47
Today's High	$41.15
Today's Low	$40.335
Market Capitalization	$2.4B
Today's Volume	$69.3K
52 Week High	$46.13
52 Week Low	$30.55
Revenue TTM	$593.1M
Earnings Per Share (EPS)	$3.01
PE Ratio	13.58
Dividend Yield	3.42%
Profit Margin	30.27%
Quarterly Earnings Growth YOY	-0.11%
Return On Equity TTM	8.17%

How to invest in First Merchants from India?

It is very easy for Indian residents to invest directly in First Merchants from India. Indian investors can open a free US stocks account on the INDmoney app. You can find live prices of the First Merchants stock in both Indian Rupees (INR) and US Dollars (USD). Search for First Merchants or FRME on the INDmoney app and click on Buy or SIP. You can invest by choosing quantities of shares of First Merchants or rupee/ dollar value or set up a fixed SIP amount to be invested every month or week.

For example: You can easily buy Rs.100 worth of First Merchants shares which would translate to 0.021 fractional shares of First Merchants as of today. Learn more about fractional investing.

Indians can now also easily transfer and add money to their US stocks account via the INDmoney app. Invest in US Stocks from India, including recognised companies like First Merchants, in just a few clicks!

Returns in First Merchants for Indian investors in Rupees

Investment Value

₹1,00,000

First Merchants investment value today

Current value as on today

₹1,11,418

Returns

₹11,418

(+11.42%)

Returns from First Merchants Stock

₹9,093 (+9.09%)

Dollar Returns

₹2,325 (+2.33%)

Indian investors sentiment towards First Merchants

-60%

Period: Sep 27, 2024 to Dec 26, 2024. Change in 30 Days versus previous period

Search volume for First Merchants on INDmoney from India has reduced in the last 30 days as on Dec 27, 2024. -60% less investors are searching First Merchants in the last 30 days versus the previous period.

Global Institutional Holdings in First Merchants

Vanguard Group Inc
10.56%
BlackRock Inc
8.24%
Dimensional Fund Advisors, Inc.
6.05%
Earnest Partners LLC
4.46%
State Street Corp
3.33%
American Century Companies Inc
2.49%

Analyst Recommendation on First Merchants

Buy

90%Buy

9%Hold

0%Sell

Based on 11 Wall street analysts offering stock ratings for First Merchants(by analysts ranked 0 to 5 stars)

Based on 11 analyst

Current
1M Ago
3M Ago

Buy

Hold

Sell

Analyst Forecast on First Merchants

What analysts predicted

Upside of 10.08%

Current:

$41.03

Target:

$45.17

Insights on First Merchants

Price Movement
In the last 3 months, FRME stock has moved up by 11.1%
Decreasing Revenue
Revenue is down for the last 2 quarters, 267.34M → 155.97M (in $), with an average decrease of 41.7% per quarter
Increasing Net Profit
Netprofit is up for the last 2 quarters, 39.92M → 49.18M (in $), with an average increase of 18.8% per quarter
FRME vs MFG (1 yr)
In the last 1 year, Mizuho Financial Group, Inc. has given 44.8% return, outperforming this stock by 36.6%
FRME vs MFG (3 yr)
In the last 3 years, Mizuho Financial Group, Inc. has given 88.4% return, outperforming this stock by 89.2%
Price to Sales
ForFRME every $1 of sales, investors are willing to pay $4.0, whereas for Mizuho Financial Group, Inc., the investors are paying $0.0 for every $1 of sales.

First Merchants Financials in INR & Dollars

	FY18	Y/Y Change
Revenue	$415.3M	↑ 19.24%
Net Income	$159.1M	↑ 65.65%
Net Profit Margin	38.32%	↑ 10.74%

	FY19	Y/Y Change
Revenue	$443.3M	↑ 6.75%
Net Income	$164.5M	↑ 3.34%
Net Profit Margin	37.1%	↓ 1.22%

	FY20	Y/Y Change
Revenue	$492.1M	↑ 10.99%
Net Income	$148.6M	↓ 9.64%
Net Profit Margin	30.2%	↓ 6.9%

	FY21	Y/Y Change
Revenue	$520.0M	↑ 5.68%
Net Income	$205.5M	↑ 38.31%
Net Profit Margin	39.52%	↑ 9.32%

	FY22	Y/Y Change
Revenue	$628.1M	↑ 20.8%
Net Income	$222.1M	↑ 8.06%
Net Profit Margin	35.36%	↓ 4.16%

	FY23	Y/Y Change
Revenue	$654.3M	↑ 4.17%
Net Income	$223.8M	↑ 0.76%
Net Profit Margin	34.2%	↓ 1.16%

	Q2 FY23	Q/Q Change
Revenue	$164.2M	↓ 2.93%
Net Income	$60.9M	↓ 5.02%
Net Profit Margin	37.08%	↓ 0.81%

	Q3 FY23	Q/Q Change
Revenue	$161.2M	↓ 1.78%
Net Income	$56.4M	↓ 7.39%
Net Profit Margin	34.96%	↓ 2.12%

	Q4 FY23	Q/Q Change
Revenue	$261.8M	↑ 62.41%
Net Income	$42.5M	↓ 24.64%
Net Profit Margin	16.22%	↓ 18.74%

	Q1 FY24	Q/Q Change
Revenue	$262.0M	↑ 0.06%
Net Income	$47.9M	↑ 12.86%
Net Profit Margin	18.3%	↑ 2.08%

	Q2 FY24	Q/Q Change
Revenue	$267.3M	↑ 2.04%
Net Income	$39.9M	↓ 16.72%
Net Profit Margin	14.93%	↓ 3.37%

	Q3 FY24	Q/Q Change
Revenue	$156.0M	↓ 41.66%
Net Income	$49.2M	↑ 23.2%
Net Profit Margin	31.53%	↑ 16.6%

	FY18	Y/Y Change
Profit	$415.3M	↑ 19.24%

	FY19	Y/Y Change
Profit	$443.3M	↑ 6.75%

	FY20	Y/Y Change
Profit	$492.1M	↑ 10.99%

	FY21	Y/Y Change
Profit	$520.0M	↑ 5.68%

	FY22	Y/Y Change
Profit	$628.1M	↑ 20.8%

	FY23	Y/Y Change
Profit	$654.3M	↑ 4.17%

	Q2 FY23	Q/Q Change
Profit	$164.2M	↓ 2.93%

	Q3 FY23	Q/Q Change
Profit	$161.2M	↓ 1.78%

	Q4 FY23	Q/Q Change
Profit	$261.8M	↑ 62.41%

	Q1 FY24	Q/Q Change
Profit	$262.0M	↑ 0.06%

	Q2 FY24	Q/Q Change
Profit	$267.3M	↑ 2.04%

	Q3 FY24	Q/Q Change
Profit	$156.0M	↓ 41.66%

	FY18	Y/Y Change
Operating Cash Flow	$180.2M	↑ 42.48%
Investing Cash Flow	$-575.6M	↓ 9.41%
Financing Cash Flow	$379.7M	↓ 29.14%

	FY19	Y/Y Change
Operating Cash Flow	$178.4M	↓ 1.01%
Investing Cash Flow	$-1.0B	↑ 74.85%
Financing Cash Flow	$865.9M	↑ 128.07%

	FY20	Y/Y Change
Operating Cash Flow	$204.8M	↑ 14.8%
Investing Cash Flow	$-1.6B	↑ 54.22%
Financing Cash Flow	$1.4B	↑ 57.39%

	FY21	Y/Y Change
Operating Cash Flow	$207.4M	↑ 1.26%
Investing Cash Flow	$-1.5B	↓ 5.32%
Financing Cash Flow	$1.2B	↓ 9.29%

	FY22	Y/Y Change
Operating Cash Flow	$268.0M	↑ 29.25%
Investing Cash Flow	$-446.4M	↓ 69.62%
Financing Cash Flow	$133.8M	↓ 89.17%

	Q2 FY23	Q/Q Change
Operating Cash Flow	$35.9M	↓ 53.92%
Investing Cash Flow	$216.0M	↓ 199.39%
Financing Cash Flow	$-268.8M	↓ 288.29%

First Merchants Technicals Summary

Sell

Neutral

Buy

First Merchants is currently in a favorable trading position ( BUY ) according to technical analysis indicators.

First Merchants Vs Peers

Company Name	1 Month	6 Month	1 Year	3 Years	5 Years
First Merchants Corp	-7.03%	22.77%	8.67%	-2.48%	-1.64%
Icici Bank Ltd.	-1.58%	5.94%	26.01%	56.19%	101.72%
Pnc Financial Services Group, Inc.	-9.39%	24.83%	24.71%	-3.52%	21.28%
U.s. Bancorp	-9.0%	23.0%	11.92%	-13.96%	-17.48%
Truist Financial Corp	-7.78%	13.23%	17.97%	-25.06%	-22.03%
Mizuho Financial Group, Inc.	-0.2%	15.37%	41.04%	91.37%	57.93%

Company Name	P/E Ratio	P/B Ratio	PEG Ratio	EPS	ROE	ROA	Div Yield	BVPS
First Merchants Corp	13.58	13.58	2.68	3.38	0.08	0.01	0.03	39.18
Icici Bank Ltd.	19.69	19.69	0.0	1.36	0.19	0.02	0.01	397.44
Pnc Financial Services Group, Inc.	16.39	16.39	1.91	13.41	0.1	0.01	0.03	124.56
U.s. Bancorp	15.02	15.02	1.18	3.91	0.1	0.01	0.04	33.35
Truist Financial Corp	8.99	NA	1.94	3.69	-0.1	-0.01	0.05	44.46
Mizuho Financial Group, Inc.	11.62	11.62	1.07	1.14	0.07	0.0	0.03	4037.29

Company Name	Analyst View	Market Cap	5 Years Return %	PE Ratio	Profit Margin
First Merchants Corp	Buy	$2.4B	-1.64%	13.58	30.27%
Icici Bank Ltd.	Buy	$107.7B	101.72%	19.69	28.91%
Pnc Financial Services Group, Inc.	Buy	$77.0B	21.28%	16.39	25.11%
U.s. Bancorp	Hold	$76.2B	-17.48%	15.02	22.02%
Truist Financial Corp	Buy	$57.8B	-22.03%	8.99	-10.68%
Mizuho Financial Group, Inc.	Buy	$61.7B	57.93%	11.62	21.91%

First Merchants Dividend announcements

First Merchants Dividends December, 2024
In the quarter ending December,2024. First Merchants has declared dividend of $0.35
Read More

About First Merchants

with more than 100 banking locations throughout 27 indiana counties as well as two in both illinois and ohio, we provide our customers with broad financial services delivered locally by bankers who are known and trusted in their communities. first merchants corporation is the largest financial services holding company headquartered in central indiana. bank divisions within the corporation include: first merchants bank lafayette bank & trust first merchants private wealth advisors, one of the largest wealth management companies in indiana. together we offer consumer banking, mortgage banking, business banking, cash management services, and wealth management, and are focused on building deep, lifelong client relationships and providing maximum shareholder value. we are a team of associates who support and expect superior results from our company and ourselves. accountability and execution is the foundation of our success. we provide an experience where customers can bank with their neigh

Organization	First Merchants
Employees	2162
CEO	Mr. Mark K. Hardwick
Industry	Finance

Management People of First Merchants

Name	Title
Mr. Mark K. Hardwick	CEO & Director
Mr. Michael C. Rechin	Advisor & Vice Chair
Mr. Michael J. Stewart	President
Ms. Michele M. Kawiecki	Executive VP, CFO & Principal Accounting Officer
Mr. Stephan H. Fluhler	Senior VP & Chief Information Officer
Mr. John J. Martin	Executive VP & Chief Credit Officer
Mr. Marcos Nogues C.F.A.	Chief Investment Officer
Ms. Nicole M. Weaver	VP & Director of Corporate Administration
Mr. Brian T. Hunt J.D.	Secretary & Legal Counsel
Mr. Steven C. Harris	Senior VP & Chief Human Resources Officer

Important FAQs about investing in First Merchants from India :

What is First Merchants share price today?

First Merchants share price today stands at $41.03, Open: $40.47 ; Previous Close: $40.87 ; High: $41.15 ; Low: $40.34 ; 52 Week High: $46.13 ; 52 Week Low: $30.55. The stock opens at $40.47, after a previous close of $40.87. The stock reached a daily high of $41.15 and a low of $40.34, with a 52-week high of $46.13 and a 52-week low of $30.55.

Can Indians buy First Merchants shares?

Yes, Indians can invest in the First Merchants (FRME) from India.

With INDmoney, you can buy First Merchants at 0 brokerage. The step-by-step process is as follows:

Open your zero cost US Stocks account and zero balance IND linked savings a/c (this can be done in less than 3 minutes)
Transfer funds to your US Stocks account using your IND linked savings a/c (It takes 24 hours excluding Saturday and Sunday). With INDmoney, you get the best INR USD exchange rates.
Once funds are transferred successfully, you can buy First Merchants at zero transaction cost.

How can I buy First Merchants shares from India?

It is very easy to buy First Merchants from India. With INDmoney, you can open a US stocks account in less than 3 minutes. Transfer funds in 24 hours and buy stocks very easily - that too at 0 brokerage. All this is done at 0 account opening & management fee, 0 brokerages, and at the same time you get the best rupee-US dollar exchange rate.

Can Fractional shares of First Merchants be purchased?

Yes, you can buy fractional shares of First Merchants with INDmoney app.

What are the documents required to start investing in First Merchants stocks?

To start investing in First Merchants, You will need the following documents:

Proof of Identification (PAN, Aadhaar etc)
Proof of address (Aadhaar, Voter ID etc)

These documents are required as per RBI's guidelines to create your IND linked savings a/c so that you can execute for global fund transfer. The entire process is paperless and can be completed seamlessly.