FM

First Merchants CorpFRA First Stock Report

Last reporting period 31 Dec, 2023

Updated 13 Nov, 2024

Last price

Market cap $B

2.163

Small

Exchange

XFRA - Deutsche Boerse AG

FM5.F Stock Analysis

FM

Uncovered

First Merchants Corp is uncovered by Eyestock quantitative analysis.

Upside

To determine whether the current price is a reasonable to buy a stock, we compare it to our estimate of fair value. The more undervalued a stock is, the higher the upside.

-6.6 %

Overvalued

Market cap $B

2.163

Dividend yield

3.69 %

Shares outstanding

59.64 B

First Merchants Corporation is a financial holding company. The Company operates banking operations through its wholly owned subsidiary, First Merchants Bank (the Bank). The Bank also operates First Merchants Private Wealth Advisors, which is a division of the Bank. The Bank includes approximately 122 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. The Company operates through a community banking segment. Through the Bank, the Company offers a 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.

View Section: Eyestock Rating