First Merchants Corp
NASDAQ:FRME

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First Merchants Corp
NASDAQ:FRME
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Price: 40.25 USD -1.9% Market Closed
Market Cap: 2.4B USD
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First Merchants Corp
Total Deposits

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
Quarterly
Annual
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First Merchants Corp
Total Deposits Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Total Deposits CAGR 3Y CAGR 5Y CAGR 10Y
First Merchants Corp
NASDAQ:FRME
Total Deposits
$14.7B
CAGR 3-Years
6%
CAGR 5-Years
8%
CAGR 10-Years
13%
PNC Financial Services Group Inc
NYSE:PNC
Total Deposits
$424B
CAGR 3-Years
-2%
CAGR 5-Years
8%
CAGR 10-Years
6%
M&T Bank Corp
NYSE:MTB
Total Deposits
$164.6B
CAGR 3-Years
9%
CAGR 5-Years
12%
CAGR 10-Years
8%
Truist Financial Corp
NYSE:TFC
Total Deposits
$387.8B
CAGR 3-Years
-2%
CAGR 5-Years
19%
CAGR 10-Years
11%
Fifth Third Bancorp
NASDAQ:FITB
Total Deposits
$168.3B
CAGR 3-Years
1%
CAGR 5-Years
6%
CAGR 10-Years
6%
First Citizens BancShares Inc (Delaware)
NASDAQ:FCNCA
Total Deposits
$151.6B
CAGR 3-Years
45%
CAGR 5-Years
36%
CAGR 10-Years
23%
No Stocks Found

First Merchants Corp
Glance View

Market Cap
2.3B USD
Industry
Banking

In the bustling world of regional banking, First Merchants Corp. stands as a significant player, rooted deeply in the Midwest. Founded as a modest local bank, it has grown into a robust financial institution with a sprawling influence across several states. The company has maintained its focus on traditional banking services while skillfully evolving with the digital age. With its headquarters nestled in Muncie, Indiana, First Merchants Corp. offers a comprehensive suite of financial products, catering to both individual and commercial clients. These offerings include personal and business banking, wealth management, and mortgage services, allowing it to tap into multiple income streams. The bank's primary source of revenue stems from interest income, derived from loans to consumers and businesses, which are strategically managed to mitigate risks and ensure stability. Furthermore, fee-based services like wealth management and treasury management contribute to its bottom line, offering a diversified financial framework. First Merchants Corp. has effectively utilized strategic acquisitions to expand its footprint and enhance its capabilities, keenly focusing on integrating technology to improve customer service and operational efficiency. This balanced approach between maintaining its core banking functions and embracing modern financial innovations has positioned First Merchants Corp. as a stable yet dynamic force within the regional banking sector, aiming to serve its community with personalized, reliable banking solutions while ensuring sustainable growth.

FRME Intrinsic Value
47.32 USD
Undervaluation 15%
Intrinsic Value
Price

See Also

What is First Merchants Corp's Total Deposits?
Total Deposits
14.7B USD

Based on the financial report for Sep 30, 2024, First Merchants Corp's Total Deposits amounts to 14.7B USD.

What is First Merchants Corp's Total Deposits growth rate?
Total Deposits CAGR 10Y
13%

Over the last year, the Total Deposits growth was 0%. The average annual Total Deposits growth rates for First Merchants Corp have been 6% over the past three years , 8% over the past five years , and 13% over the past ten years .

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