FRME - NASDAQ
First Merchants Corporation
$38.90
-1.6%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.
At a Glance
Live Snapshotfrme
Cost of Revenue
Last Annual Value
410.03M
3-Year CAGR
59%
5-Year CAGR
27%
10-Year CAGR
32%
First Merchants Corporation Competitors Analysis of Cost of Revenue
| Company | Cost of Revenue | CAGR 3Y | CAGR 5Y | CAGR 10Y | |
|---|---|---|---|---|---|
First Merchants Corporation NASDAQ:FRME | 410.03M | 5.2% | 62.7% | 28.9% | |
 First Financial Bancorp. NASDAQ:FFBC | 397.52M | 7.7% | 98.3% | 24.8% | |
 Hilltop Holdings Inc. NYSE:HTH | 350.65M | -3.5% | 48.4% | 13.5% | |
 Stock Yards Bancorp, Inc. NASDAQ:SYBT | 173.98M | 15.4% | 101.4% | 36.2% | |
 NBT Bancorp Inc. NASDAQ:NBTB | 241.70M | 12.5% | 87.1% | 17.6% | |
 Banner Corporation NASDAQ:BANR | 171.78M | 8.0% | N/A | 22.6% | |
 First Busey Corporation NASDAQ:BUSE | 376.99M | 32.4% | 96.1% | 37.3% | |
 First Bancorp NASDAQ:FBNC | 162.32M | 0.5% | 45.9% | 35.8% | |
 Customers Bancorp, Inc. NYSE:CUBI | 684.72M | -3.2% | 40.9% | 24.6% | |
 Trustmark Corporation NASDAQ:TRMK | 325.35M | -2.5% | N/A | 23.5% | |
 Enterprise Financial Services Corp NASDAQ:EFSC | 288.01M | 6.4% | 51.2% | 32.4% |
First Merchants Corporation Fair Value Envelope
Related Guides
Continue your FRME research with focused valuation guides.
Research Paths
Snapshot
Start with context, operating signals, and key market metrics.
Value Model
Stress test fair value across bear, base, and bull assumptions.
Statements
Validate revenue quality, margins, and balance sheet durability.
Earnings Call
Read management commentary and compare it with reported outcomes.
Dividends
Check payout sustainability and long-term distribution behavior.
Analyst Expectations
Review consensus spread and where estimate risk is concentrated.