Valuation: First Merchants Corporation

Capitalization 2.38B 2B 1.82B 1.74B 3.22B 216B 3.37B 21.17B 8.43B 104B 8.93B 8.74B 367B P/E ratio 2025
9.66x
P/E ratio 2026 * 10.2x
Enterprise value 2.38B 2B 1.82B 1.74B 3.22B 216B 3.37B 21.17B 8.43B 104B 8.93B 8.74B 367B EV / Sales 2025
3.15x
EV / Sales 2026 * 2.96x
Free-Float
99.6%
Yield 2025
3.82%
Yield 2026 * 3.52%
1 day-0.57%
1 week+2.40%
Current month+5.11%
1 month+9.66%
3 months+15.41%
6 months+11.26%
Current year+11.50%
1 week 40.92
Extreme 40.925
42.53
1 month 37.16
Extreme 37.16
42.53
Current year 36.86
Extreme 36.86
42.53
1 year 33.13
Extreme 33.13
45.62
3 years 24.52
Extreme 24.52
46.13
5 years 24.52
Extreme 24.52
50.65
10 years 21.1
Extreme 21.1006
50.65
Manager TitleAgeSince
Chief Executive Officer 55 2020-12-31
Director of Finance/CFO 45 2015-02-28
President 60 2020-12-31
Director TitleAgeSince
Director/Board Member 55 2021-02-08
Chairman 68 2024-05-06
Director/Board Member 73 2011-05-02
Change 5d. change 1-year change 3-years change Capi.($)
-0.57%+2.40%-5.39%-1.09% 2.38B
-1.19%+1.09%+17.43%+125.67% 858B
-1.81%+1.73%+18.68%+55.68% 399B
-0.15%+2.02%+20.15%+62.78% 358B
-0.63%-0.38%+48.77%+112.25% 306B
-2.85%-0.43%+16.19%+93.45% 284B
+0.37%+3.43%+27.34%+64.65% 277B
+0.65%+2.18%+40.82%+71.39% 246B
0.00%+1.51%+14.29%+60.54% 237B
+2.59%+5.26%+59.64%+216.77% 223B
Average +0.24%+2.90%+25.79%+86.21% 319.11B
Weighted average by Cap. +0.21%+3.11%+26.14%+97.63%

Financials

2025 2026 *
Net sales 682M 573M 523M 499M 924M 61.79B 965M 6.07B 2.42B 29.77B 2.56B 2.51B 105B 804M 676M 616M 588M 1.09B 72.81B 1.14B 7.15B 2.85B 35.08B 3.02B 2.95B 124B
Net income 222M 186M 170M 162M 300M 20.1B 314M 1.97B 786M 9.68B 832M 815M 34.22B 255M 214M 196M 187M 345M 23.11B 361M 2.27B 904M 11.14B 957M 937M 39.36B
Net Debt - -
Logo First Merchants Corporation
First Merchants Corporation is a financial holding company. The Company conducts banking activities through its wholly owned subsidiary, First Merchants Bank (the Bank). The Bank also operates as First Merchants Private Wealth Advisors (as a division of First Merchants Bank). Through the Bank, the Company offers a broad range of financial services, including accepting time, savings, and demand deposits; making consumer, commercial, agri-business and real estate mortgage loans; providing personal and corporate trust services; offering full-service brokerage and private wealth management; and providing letters of credit, repurchase agreements and other corporate services. The Company operates through a community banking segment. The Bank includes 116 banking locations in Indiana, Ohio, Michigan, and Illinois. In addition to its branch network, the Company offers comprehensive electronic and mobile delivery channels to its customers.
Employees
2,120
Sector
Banks
Date Price Change Volume
26-02-10 41.79 $ -0.57% 417,342
26-02-09 42.03 $ -0.73% 313,208
26-02-06 42.34 $ +1.17% 467,683
26-02-05 41.85 $ +0.07% 458,921
26-02-04 41.82 $ +2.47% 502,896
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
5
Last Close Price
41.79USD
Average target price
46.50USD
Spread / Average Target
+11.27%

Quarterly revenue - Rate of surprise