あなたのバッジ 52週レンジ $25–$27 19% of range アナリスト評価 BUY 12 analysts 目標株価 · P/E 7.1 ROE 9.4% 純利益率 34.1%

FRMEP 株価スナップショット 価格、時価総額、P/E、EPS、ROE、負債/資本、52週レンジ

03
株価 $25.16
時価総額 (MRQ) $1.56B
P/E 7.1
EPS $3.88
配当利回り 5.3%
ROE 9.4%
52週レンジ $25–$27

FRMEP 株価チャート 技術指標付きの日次 OHLCV — パン、ズーム、ビューのカスタマイズ

04
範囲
バー

バーの粒度は選択した期間に合わせて調整されます。バーの始値/高値/安値/終値を確認するにはチャートにカーソルを合わせてください。

First Merchants Corporation - Depository Shares, each representing a 1/100th interest in a share of 7.50% Non-Cumulative Perpetual Preferred Stock, A について Wikipediaからの企業概要

05 · wikidata

First Merchants Corporation is a financial holding company in Central Indiana, headquartered in Muncie, Indiana. The Corporation includes First Merchants Bank and First Merchants Private Wealth Advisors (a division of First Merchants Bank). The company is listed on the NASDAQ as FRME. As of March 2026, total asset size of First Merchants Corporation was $21.1 billion. First Merchants offers commercial banking, personal banking, and investment advisor services.

History

First Merchants Bank has been growing both organically and through mergers and acquisitions. Banks acquired include:

1893 – Merchants National Bank, Muncie, IN

1988 – Pendleton Banking Company, Pendleton, IN

1991 – First United Bank, Middletown, IN

1996 – Union County National Bank, Liberty, IN

1996 – The Randolph County Bank, Winchester, IN

1999 – First National Bank of Portland, Portland, IN

1999 – Anderson Community Bank, Anderson, IN

2000 – Decatur Bank & Trust, Decatur, IN

2001 – Frances Slocum Bank & Trust, Wabash, IN

2002 – Lafayette Bank & Trust, Lafayette, IN

2003 – Commerce National Bank, Columbus, OH

2008 – Lincoln Bank, Plainfield, IN

2012 – Shelby County Bank, Shelbyville, IN

2013 – Citizens Financial Bank, Munster, IN

2014 – Community Bank, Noblesville, IN

2015 – Cooper State Bank, Columbus, OH

2015 – Ameriana Bank, New Castle, IN

2017 – Arlington Bank, Columbus, OH

2017 – iAB Bank, Fort Wayne, IN

2019 – Monroe Bank and Trust, Monroe, MI

2020 – Hoosier Trust Company, Indianapolis, IN

2022 – Level One Bank, Farmington Hills, MI

2026 – First Savings Bank, Jeffersonville, IN

A baseball/softball complex on the campus of Ball State University was renamed the First Merchants Ballpark Complex in 2016.

Recognition

In June 2022, First Merchants Bank was ranked by Forbes as one of America's Best Banks. This is the 5th year in a row First Merchants has received this award. In March 2021, Forbes ranked First Merchants Bank as a top U.S. bank for the 4th consecutive year. First Merchants Bank was ranked #2 on the “America's Best Bank list in January 2019. compiled by Forbes, up from their #4 ranking in 2018.

In May, 2022, First Merchants Bank was voted 4th in "Great Employers to Work for in Indiana" by the Best Companies Group. Additionally, First Merchants Bank was listed as one of the “Best Places to Work in Indiana” by the Indiana Chamber of Commerce in 2018 for Major Companies with 1,000+ employees and again in 2019. First Merchants Bank was named as one of the “Best Places to Work” by Columbus Business First for 2018 and as one of the 2019 Best Employers in Ohio, a list created by the Ohio SHRM State Council, Crain's Cleveland Business and Best Companies Group. First Merchants was also named one of the “Best Places to Work” in the state of Illinois in 2018 and again in 2019. Comparably gives First Merchants Bank an A+ on Culture Score with a 4.7 out of 5 star rating based on 133+ employee survey responses as of June 2022.

First Merchants Bank was rated as one of the best "In-State Banks" by Forbes and Statistica in June 2022. First Merchants was also rated as one of the top big banks in the US by Newsweek magazine in 2022 and one of the top 20 banks in the US by S&P Global Market Intelligence in 2022.

出典: Wikipedia (英語), CC BY-SA 4.0 · Wikipediaで表示 ↗

Wikidata ↗

セクターFinancials 業種Banking 従業員2,086 国US

10年間のパフォーマンス 収益、純利益、利益率、EPSのトレンド

06
EPS$3.88
2016-12-31 → 2025-12-31
純利益率34.1%
2019-12-31 → 2025-12-31
バリュエーションと指標 07–12

バリュエーション P/E、P/S、P/B、EV/EBITDA比率 — 株は割高か割安か?

指標 5年トレンド FRMEP 5年平均 競合中央値 結論
P/E 7.15年平均 ≈6.9 ≈6.9 13.3 割安
P/S 2.45年平均 ≈2.4 ≈2.4 3.7 割安
株価純資産倍率 (MRQ) 0.65年平均 ≈0.7 ≈0.7 0.9 割安
Price / Cash Flow (株価収益率(P/CF)) 5.55年平均 ≈5.8 ≈5.8 10.5 割安
株価純資産倍率(P/TB) (MRQ) 0.65年平均 ≈1.0 ≈1.0 · ·
PEG Ratio (PEGレシオ) ≈1.0 · · ·

同業他社の中央値は、指標ごとに標準化された基準で計算されており、この銘柄に表示されているTTM/MRQ基準と常に一致するとは限りません。

バリュエーション · ≈ 5年平均 · 業界中央値 · 中央値に対する評価

配当金 利回り、配当性向、配当履歴、5年CAGR

13
配当利回り5.3%
配当性向36.7%
年次配当≈$1.88四半期払い
権利落ち日金額通貨利回り
7月 30, 2026$0.47USD≈7.4%
4月 30, 2026$0.47USD≈7.4%
1月 30, 2026$0.47USD≈7.3%
10月 31, 2025$0.47USD≈7.3%
7月 30, 2025$0.47USD≈7.5%
4月 30, 2025$0.47USD≈7.3%
1月 31, 2025$0.47USD≈7.4%
10月 31, 2024$0.47USD≈7.2%
7月 30, 2024$0.47USD≈7.4%
4月 29, 2024$0.47USD≈7.5%
1月 30, 2024$0.47USD≈7.4%
10月 30, 2023$0.47USD≈7.7%
7月 28, 2023$0.47USD≈7.6%
4月 27, 2023$0.47USD≈7.8%
1月 30, 2023$0.47USD≈7.2%
10月 28, 2022$0.47USD≈7.4%
7月 28, 2022$0.47USD≈7.2%
4月 28, 2022$0.47USD≈7.1%
1月 28, 2022$0.47USD≈6.9%
10月 28, 2021$0.47USD≈6.8%

決算履歴 EPS実績 vs 予想、サプライズ%、達成率、次回決算日

14
平均サプライズ -2.7%
期間レポートEPS ActualEPS 予想サプライズ
2026年6月30日 $0.74 $1.05 -29.6%
2026年3月31日 $1.03 $0.95 8.9%
2025年12月31日 $0.98 $0.97 0.98%
2025年9月30日 $0.98 $0.98 0.05%
2025年6月30日 $0.98 $0.96 2.3%
2025年3月31日 $0.94 $0.93 0.83%

完全なファンダメンタルズ 年次別全指標 — 損益計算書、貸借対照表、キャッシュフロー

15
損益計算書 9
指標 トレンド 202520242023202220212020201920182017201620152014
Interest Expense ··$348M$85M$36M$66M$109M$69M$38M$27M$25M$22M
Interest Income $925M$948M$894M$605M$447M$449M$465M$408M$315M$253M$221M$209M
Pretax Income $259M$232M$259M$256M$241M$170M$194M$188M$134M$109M$91M$82M
Income Tax $33M$30M$35M$34M$35M$21M$29M$29M$38M$28M$26M$22M
Net Income $226M$201M$224M$222M$206M$149M$164M$159M$96M$81M$65M$60M
EPS (Basic) $3.90$3.42$3.74$3.83$3.82$2.75$3.20$3.23$2.13$1.99$1.73$1.66
EPS (Diluted) $3.88$3.41$3.73$3.81$3.81$2.74$3.19$3.22$2.12$1.98$1.72$1.65
Shares (Basic) 57,456,77258,312,57559,304,87957,692,01853,783,63254,058,47151,412,13349,262,01545,181,22140,767,34337,816,39936,266,356
Shares (Diluted) 57,726,00058,533,00059,489,00057,950,00053,984,22954,220,38451,561,23849,470,92345,402,97841,013,13338,088,23336,554,609
貸借対照表 15
指標 トレンド 202520242023202220212020201920182017201620152014
Cash & Equivalents ······$177M$139M$155M$128M$102M$119M
PP&E (Net) $121M$130M$134M$117M$106M$111M$113M$93M$96M$94M$98M$78M
PP&E (Gross) $347M$364M$360M$345M$313M$317M$312M$234M$229M$205M$207M$175M
Accum. Depreciation $226M$234M$226M$228M$207M$205M$199M$140M$133M$111M$109M$98M
Goodwill $712M$712M$712M$712M$545M$544M$544M$445M$445M$244M$243M$203M
Intangibles $14M$20M$27M$36M$25M$29M$35M$24M$31M$15M$17M$16M
Total Assets $19.03B$18.31B$18.41B$18.00B$15.45B$14.07B$12.46B$9.88B$9.37B$7.21B$6.76B$5.82B
Total Liabilities $16.56B$16.01B$16.16B$15.97B$13.54B$12.19B$10.67B$8.48B$8.06B$6.31B$5.91B$5.10B
Common Stock $7M$7M$7M$7M$7M$7M$7M$6M$6M$5M$5M$5M
Paid-in Capital $1.15B$1.19B$1.24B$1.23B$986M$1.01B$1.05B$840M$835M$509M$505M$431M
Retained Earnings $1.41B$1.27B$1.15B$1.01B$865M$789M$697M$583M$465M$401M$342M$292M
AOCI $-130M$-189M$-176M$-239M$55M$75M$28M$-21M$-3M$-14M$-1M$-2M
Stockholders' Equity $2.47B$2.30B$2.25B$2.03B$1.91B$1.88B$1.79B$1.41B$1.30B$902M$851M$727M
Liabilities + Equity $19.03B$18.31B$18.41B$18.00B$15.45B$14.07B$12.46B$9.88B$9.37B$7.21B$6.76B$5.82B
Shares Outstanding 56,951,93957,974,53559,424,12259,170,58353,410,41153,922,35955,368,48249,349,80049,158,23840,912,69740,664,25937,669,948
キャッシュフロー 12
指標 トレンド 202520242023202220212020201920182017201620152014
D&A $29M$27M$12M$12M$11M$11M$9M$9M$8M$7M$6M$6M
Stock-based Comp $7M$6M$5M$5M$5M$5M$4M$4M$3M$3M$2M$2M
Deferred Tax $2M$2M$7M$9M$7M$-10M$5M$4M$16M$9M$4M$15M
Amort. of Intangibles $6M$7M$9M$8M$6M$6M$6M$7M$6M$4M$3M$2M
Operating Cash Flow $284M$266M$259M$284M$215M$204M$177M$180M$127M$104M$57M$76M
Investing Cash Flow $-774M$-252M$-344M$-463M$-1.48B$-1.55B$-1.01B$-576M$-635M$-449M$-340M$-126M
Stock Repurchased $47M$56M$0$0$25M$56M$19M$0$0$2M$2M$1M
Net Stock Activity $-47M$-56M$0$0$-25M$-56M$-19M·····
Dividends Paid $83M$82M$80M$73M$61M$57M$51M$42M$32M$22M$16M$11M
Financing Cash Flow $487M$-39M$76M$134M$1.24B$1.36B$868M$380M$536M$371M$267M$59M
Net Change in Cash $-3M$-25M$-10M$-45M$-26M$16M$38M$-16M$27M$26M$-16M$9M
Taxes Paid $21M$8M$35M$14M$31M$33M$24M$23M$22M$12M$21M$6M
収益性 4
指標 トレンド 202520242023202220212020201920182017201620152014
Net Margin 34.1%31.1%34.4%35.4%39.5%30.2%37.1%·····
Pretax Margin 39.1%35.8%39.8%40.7%46.3%34.5%43.7%·····
ROA 1.2%1.1%1.2%1.3%1.4%1.1%1.5%·····
ROE 9.4%8.7%10.3%11.3%10.9%8.0%9.3%·····
効率性 1
指標 トレンド 202520242023202220212020201920182017201620152014
Asset Turnover 0.00.00.00.00.00.00.0·····
1株あたり 6
指標 トレンド 202520242023202220212020201920182017201620152014
Book Value / Share $43.31$39.76$37.82$34.39$35.81$34.78$32.26·····
Revenue / Share $11.48$11.05$10.94$10.84$9.63$9.08$8.60·····
Cash Flow / Share $4.91$4.55$4.35$4.63$3.84$3.78$3.46·····
Cash / Share ······$3.20·····
Dividend Paid / Share $1.43$1.39$1.34$1.25$1.13$1.04$1.00$0.84$0.69$0.54$0.41$0.29
EPS (TTM) $3.88$3.41$3.73$3.81$3.81$2.74$3.19$3.22$2.12$1.98$1.72$1.65
成長率 10
指標 トレンド 202520242023202220212020201920182017201620152014
Revenue YoY 2.5%-0.66%3.6%20.8%5.7%·······
Revenue CAGR 3Y 1.8%7.5%9.8%·········
Revenue CAGR 5Y 6.1%···········
EPS YoY 13.8%-8.6%-2.1%0.00%39.1%·······
EPS CAGR 3Y 0.61%-3.6%10.8%·········
EPS CAGR 5Y 7.2%···········
Net Income YoY 12.2%-10.0%0.76%8.1%38.3%·······
Net Income CAGR 3Y 0.58%-0.67%14.6%·········
Net Income CAGR 5Y 8.8%···········
Dividends Paid CAGR 5Y 8.0%···········
バリュエーション(TTM) 12
指標 トレンド 202520242023202220212020201920182017201620152014
Revenue TTM $663M$647M$651M$628M$520M$492M$443M$415M$348M$292M$266M$249M
Net Income TTM $226M$201M$224M$222M$206M$149M$164M$159M$96M$81M$65M$60M
Market Cap $1.47B$1.49B$1.47B$1.51B$1.47B$1.47B······
P/E 6.67.56.66.77.29.9······
P/S 2.22.32.32.42.83.0······
P/B 0.60.60.70.70.80.8······
P / Tangible Book 0.80.91.01.21.11.1······
P / Cash Flow 5.25.65.75.67.17.2······
Dividend Yield 5.7%5.5%5.5%4.8%4.2%3.9%······
Earnings Yield 15.1%13.3%15.1%14.9%13.9%10.1%······
Payout Ratio 36.7%40.5%35.8%32.8%29.8%38.0%31.2%·····
Annual Payout $83M$82M$80M$73M$61M$57M$51M$42M$32M$22M$16M$11M

最新期間は左側 · null値は・として表示

財務諸表 損益計算書、貸借対照表、キャッシュフロー — 年次、過去5年間

16
指標 2025-12-312024-12-312023-12-312022-12-312021-12-31
純利益 $226M $201M $224M $222M $206M
希薄化後EPS $3.88 $3.41 $3.73 $3.81 $3.81

企業インサイダー 14 人のインサイダー · 2人の役員 · 13人の取締役

19
インサイダー 役職 最終アクティビティ 保有株式数 12ヶ月購入 12ヶ月売却 12ヶ月純額
Mark K Hardwick Chief Executive Officer 2026年9月18日 A 132,620 0 0 $0
Stephan Fluhler Chief Information Officer 2026年9月18日 A 21,694 0 1 $-176,256
Paul G Fultz 取締役 2026年9月30日 A 1,087 0 0 $0
Kevin D Johnson 取締役 2026年9月30日 A 10,068 0 0 $0
Jason R Sondhi 取締役 2026年9月30日 A 10,712 0 0 $0
Susan W Brooks 取締役 2026年9月30日 A 13,188 0 0 $0
Clark C Kellogg JR 取締役 2026年9月30日 A 16,503 0 0 $0
Michael J Fisher 取締役 2026年9月30日 A 19,658 0 0 $0
Howard Halderman 取締役 2026年9月30日 A 30,561 0 0 $0
Michael R Becher 取締役 2026年9月30日 A 30,307 0 0 $0
Larry W Myers 取締役 2026年9月30日 A 90,838 0 2 $-835,000
Michael C Rechin 取締役 2026年9月30日 A 91,032 0 0 $0
Jean L Wojtowicz 取締役 2026年9月30日 A 68,026 0 0 $0
Mung Chiang 取締役 2026年6月30日 A 8,864 0 0 $0

SECフォーム3/4/5提出書類からのインサイダー;純額=公開市場のP/Sのみ

FRMEP アナリストコンセンサス 強気・弱気のアナリストの見解、12ヶ月の目標株価、アップサイド

21
レーティング · 12 アナリスト 買い
2 16.7% 強い買い
7 58.3% 買い
3 25.0% 保有
0 0.0% 売り
0 0.0% 強い売り

同業他社比較(GICSサブインダストリー) 主要メトリクスとセクターピアの比較

22

FY基準、価格は各社の直近年度末終値。

ティッカー 時価総額 P/E 売上高 YoY 純利益率 ROE 粗利益率
FRMEP $1.47B 6.6 2.5% 34.1% 9.4% ·
TRMK $2.30B 10.5 42.6% 28.0% 10.7% ·
FBK $2.89B 22.8 22.9% 21.9% 7.0% ·
FBNC $2.11B 19.0 -3.6% 164.2% 6.9% ·
CUBI · · · · · ·
FRME · · · · · ·
BANR · 11.1 8.5% 33.2% 10.2% ·
BUSE · · · · · ·
SYBT $1.91B 13.7 · 35.3% 13.5% ·
BBT · 25.6 81.1% 301.4% 4.8% ·
WAFD $2.37B 11.5 7.8% 762.5% 7.4% ·

マイ指標 あなた専用のウォッチリスト — 決算詳細から選択した行

26

重視する指標を選択してください — 上記の「財務諸表」の任意の行の横にある「+」をクリックしてください。

選択内容は保存され、すべてのティッカーで引き継がれます。

出典:SEC 10-Q 提出日 7月 31, 2026