FRME Stock Price, Chart, Stats & News

First Merchants Corporation
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Fundamentals
Gross margin | 60.99% |
Operating margin | 24.66% |
Pretax margin | 24.66% |
Net margin | 21.50% |
Effective tax rate | 12.78% |
ROA | 1.19% |
ROE | 9.46% |
D/E | 0.41x |
Interest coverage ratio | 0.67x |
FRME valuation
P/E | 10.97x |
P/S | 2.28x |
P/B | 0.88x |
P/CF | 7.67x |
P/FCF | 8.46x |
P/OCF | 7.67x |
PEG | -3.51x |
EV multiple | 5.14x |
About
First Merchants Corporation operates as a financial holding entity, primarily conducting its business through its subsidiary, First Merchants Bank. This institution delivers a full spectrum of community banking solutions. It accepts various types of deposits, including term, savings, and checking accounts.
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