First Merchants Corp
NASDAQ:FRME

Watchlist Manager
First Merchants Corp Logo
First Merchants Corp
NASDAQ:FRME
Watchlist
Price: 40.25 USD -1.9% Market Closed
Market Cap: 2.4B USD
Have any thoughts about
First Merchants Corp?
Write Note

First Merchants Corp
Total Equity

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
Quarterly
Annual
|

First Merchants Corp
Total Equity Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Total Equity CAGR 3Y CAGR 5Y CAGR 10Y
First Merchants Corp
NASDAQ:FRME
Total Equity
$2.3B
CAGR 3-Years
7%
CAGR 5-Years
6%
CAGR 10-Years
13%
PNC Financial Services Group Inc
NYSE:PNC
Total Equity
$55.7B
CAGR 3-Years
0%
CAGR 5-Years
2%
CAGR 10-Years
2%
M&T Bank Corp
NYSE:MTB
Total Equity
$28.9B
CAGR 3-Years
18%
CAGR 5-Years
13%
CAGR 10-Years
9%
Truist Financial Corp
NYSE:TFC
Total Equity
$65.7B
CAGR 3-Years
-2%
CAGR 5-Years
15%
CAGR 10-Years
10%
Fifth Third Bancorp
NASDAQ:FITB
Total Equity
$20.8B
CAGR 3-Years
-3%
CAGR 5-Years
-1%
CAGR 10-Years
3%
First Citizens BancShares Inc (Delaware)
NASDAQ:FCNCA
Total Equity
$22.8B
CAGR 3-Years
71%
CAGR 5-Years
45%
CAGR 10-Years
27%
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 Equity?
Total Equity
2.3B USD

Based on the financial report for Sep 30, 2024, First Merchants Corp's Total Equity amounts to 2.3B USD.

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

Over the last year, the Total Equity growth was 10%. The average annual Total Equity growth rates for First Merchants Corp have been 7% over the past three years , 6% over the past five years , and 13% over the past ten years .

Back to Top