First Merchants Corp
NASDAQ:FRME

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First Merchants Corp
NASDAQ:FRME
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Price: 40.28 USD -1.83% Market Closed
Market Cap: 2.4B USD
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First Merchants Corp
Non Interest Income

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
Quarterly
Annual
TTM
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First Merchants Corp
Non Interest Income Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Non Interest Income CAGR 3Y CAGR 5Y CAGR 10Y
First Merchants Corp
NASDAQ:FRME
Non Interest Income
$109.3m
CAGR 3-Years
-1%
CAGR 5-Years
6%
CAGR 10-Years
5%
PNC Financial Services Group Inc
NYSE:PNC
Non Interest Income
$8B
CAGR 3-Years
0%
CAGR 5-Years
6%
CAGR 10-Years
2%
M&T Bank Corp
NYSE:MTB
Non Interest Income
$2.3B
CAGR 3-Years
3%
CAGR 5-Years
3%
CAGR 10-Years
3%
Truist Financial Corp
NYSE:TFC
Non Interest Income
-$128m
CAGR 3-Years
N/A
CAGR 5-Years
N/A
CAGR 10-Years
N/A
Fifth Third Bancorp
NASDAQ:FITB
Non Interest Income
$2.9B
CAGR 3-Years
-3%
CAGR 5-Years
-1%
CAGR 10-Years
1%
First Citizens BancShares Inc (Delaware)
NASDAQ:FCNCA
Non Interest Income
$2.5B
CAGR 3-Years
68%
CAGR 5-Years
44%
CAGR 10-Years
24%
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 Non Interest Income?
Non Interest Income
109.3m USD

Based on the financial report for Sep 30, 2024, First Merchants Corp's Non Interest Income amounts to 109.3m USD.

What is First Merchants Corp's Non Interest Income growth rate?
Non Interest Income CAGR 10Y
5%

Over the last year, the Non Interest Income growth was 6%. The average annual Non Interest Income growth rates for First Merchants Corp have been -1% over the past three years , 6% over the past five years , and 5% over the past ten years .

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