First Merchants Corp
NASDAQ:FRME

Watchlist Manager
First Merchants Corp Logo
First Merchants Corp
NASDAQ:FRME
Watchlist
Price: 40.28 USD -1.83% Market Closed
Market Cap: 2.4B USD
Have any thoughts about
First Merchants Corp?
Write Note

First Merchants Corp
Interest Income

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

First Merchants Corp
Interest Income Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Interest Income CAGR 3Y CAGR 5Y CAGR 10Y
First Merchants Corp
NASDAQ:FRME
Interest Income
$950.4m
CAGR 3-Years
28%
CAGR 5-Years
16%
CAGR 10-Years
17%
PNC Financial Services Group Inc
NYSE:PNC
Interest Income
$26.4B
CAGR 3-Years
35%
CAGR 5-Years
14%
CAGR 10-Years
11%
M&T Bank Corp
NYSE:MTB
Interest Income
$11.1B
CAGR 3-Years
40%
CAGR 5-Years
18%
CAGR 10-Years
14%
Truist Financial Corp
NYSE:TFC
Interest Income
$25.2B
CAGR 3-Years
22%
CAGR 5-Years
24%
CAGR 10-Years
15%
Fifth Third Bancorp
NASDAQ:FITB
Interest Income
$10.5B
CAGR 3-Years
26%
CAGR 5-Years
12%
CAGR 10-Years
10%
First Citizens BancShares Inc (Delaware)
NASDAQ:FCNCA
Interest Income
$12.5B
CAGR 3-Years
105%
CAGR 5-Years
55%
CAGR 10-Years
33%
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
47.1 USD
Undervaluation 14%
Intrinsic Value
Price

See Also

What is First Merchants Corp's Interest Income?
Interest Income
950.4m USD

Based on the financial report for Sep 30, 2024, First Merchants Corp's Interest Income amounts to 950.4m USD.

What is First Merchants Corp's Interest Income growth rate?
Interest Income CAGR 10Y
17%

Over the last year, the Interest Income growth was 12%. The average annual Interest Income growth rates for First Merchants Corp have been 28% over the past three years , 16% over the past five years , and 17% over the past ten years .

Back to Top