First Merchants Corp. (Indiana)

  • Market Cap: Small Cap
  • Industry: Major Banks
  • ISIN: US3208171096
USD
37.60
0.81 (2.2%)
  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-summaryPrice Point
High/Low

1Day

52 Week

Valuation
Technical
Day's Volume

CASH

230.23 k

Shareholding (Mar 2025)

FII

5.24%

Held by 84 FIIs

DII

56.49%

Held by 44 DIIs

Promoter

0.00%

How big is First Merchants Corp. (Indiana)?

22-Jun-2025

As of Jun 18, First Merchants Corp. (Indiana) has a market capitalization of $2.06 billion, with total assets of $18.31 billion and shareholder's funds of $2.30 billion.

As of Jun 18, First Merchants Corp. (Indiana) has a market capitalization of 2,062.32 million, categorizing it as a Small Cap company.<BR><BR>As of Jun 18, the company reported a sum of interest earned for the latest four quarters of 934.62 million and a net profit of 208.80 million.<BR><BR>As of Dec 24, the reporting period shows shareholder's funds of 2,304.98 million and total assets amounting to 18,311.97 million.

Read More

What does First Merchants Corp. (Indiana) do?

22-Jun-2025

First Merchants Corporation is a financial holding company in the Major Banks industry, with a market cap of approximately $2.06 billion, reporting net sales of $223 million and a net profit of $55 million as of March 2025. Key metrics include a P/E ratio of 10.00 and a dividend yield of 4.25%.

Overview:<BR>First Merchants Corporation is a financial holding company operating in the Major Banks industry, with a market capitalization in the small-cap bracket.<BR><BR>Financial Snapshot:<BR>Most recent Net Sales: 223 Million (Quarterly Results - Mar 2025) <BR>Most recent Net Profit: 55 Million (Quarterly Results - Mar 2025) <BR>Market-cap: USD 2,062.32 Million (Small Cap)<BR><BR>Key Metrics:<BR>P/E: 10.00 <BR>Dividend Yield: 4.25% <BR>Debt Equity: 0.00 <BR>Return on Equity: 8.95% <BR>Price to Book: 0.88<BR><BR>Contact Details:<BR>Address: 200 E Jackson St, PO Box 792 MUNCIE IN : 47308-0792 <BR>Tel: ['1 765 7471500', '1 765 5217619'] <BR>Website: http://ir.firstmerchants.com/

Read More

Should I buy, sell or hold First Merchants Corp. (Indiana)?

22-Jun-2025

Who are in the management team of First Merchants Corp. (Indiana)?

22-Jun-2025

As of March 2022, the management team of First Merchants Corp. includes Independent Chairman Mr. Charles Schalliol and Directors Mr. Harold Chaffin, Mr. Michael Rechin, Mr. Michael Becher, Mr. Michael Fisher, and Mr. F. Howard Halderman.

As of March 2022, the management team of First Merchants Corp. (Indiana) includes the following individuals:<BR><BR>- Mr. Charles Schalliol, Independent Chairman of the Board<BR>- Mr. Harold Chaffin, Director<BR>- Mr. Michael Rechin, Director<BR>- Mr. Michael Becher, Independent Director<BR>- Mr. Michael Fisher, Independent Director<BR>- Mr. F. Howard Halderman, Independent Director<BR><BR>These individuals form the leadership structure of the company, guiding its strategic direction and governance.

Read More

Is First Merchants Corp. (Indiana) overvalued or undervalued?

20-Sep-2025

As of July 23, 2025, First Merchants Corp. is considered undervalued with a valuation grade upgrade to very attractive, supported by a low P/E ratio of 10 and strong dividend yield of 5.08%, despite underperforming the S&P 500 over the long term.

As of 23 July 2025, the valuation grade for First Merchants Corp. (Indiana) moved from fair to very attractive, indicating a strong improvement in its valuation outlook. The company is currently considered undervalued, supported by a P/E ratio of 10, a Price to Book Value of 0.92, and an EV to EBITDA of 13.39. In comparison, UMB Financial Corp. has a P/E ratio of 19.64, while F.N.B. Corp. shows a P/E of 13.06, highlighting that First Merchants Corp. is trading at a significant discount relative to its peers.<BR><BR>Despite a strong dividend yield of 5.08% and a ROE of 8.95%, the stock has underperformed against the S&P 500 over the longer term, particularly in the 3-year and 10-year periods, where it returned -0.51% and 70.52%, respectively, compared to the S&P 500's 70.41% and 231.64%. However, in the short term, it has outperformed the S&P 500 with a 1-week return of 1.41% versus 1.05%. Overall, the valuation metrics suggest that First Merchants Corp. is positioned favorably compared to its industry peers.

Read More

Is First Merchants Corp. (Indiana) technically bullish or bearish?

07-Oct-2025

As of October 3, 2025, First Merchants Corp. is in a bearish trend, supported by bearish signals from moving averages and MACD, with mixed indicators from Bollinger Bands and KST suggesting moderate bearish strength overall.

As of 3 October 2025, the technical trend for First Merchants Corp. (Indiana) has changed from mildly bullish to bearish. The current stance is bearish, with key indicators supporting this view including a bearish signal from the daily moving averages and a mildly bearish MACD on both weekly and monthly time frames. The Bollinger Bands also indicate a bearish trend on the weekly and mildly bearish on the monthly. The KST shows a bullish signal on the weekly but is mildly bearish monthly, while the Dow Theory indicates a mildly bearish trend on the weekly and no trend on the monthly. Overall, the technical indicators suggest a bearish outlook with moderate strength. Multi-period return data is not available for comparison with the S&P 500.

Read More
iScoreScore
Click here to find our call on this stock
Strong Sell
Sell
Hold
Buy
Strong Buy

MarketsMojo — Loved in India, Now Global

The power of Mojo is now in 29 countries. Explore global equities with the same cutting-edge features you love.

Dashboard
1

High Profitability with a Net Interest Margin of 6.83%

 
2

Flat results in Jun 25

3

With ROA of 0.92%, it has a fair valuation with a 0.92 Price to Book Value

4

High Institutional Holdings at 83.17%

5

Below par performance in long term as well as near term

stock-summaryMojo Parameters
Mojo Parameters
Stock DNA
stock-summary
Industry

Major Banks

stock-summary
Market cap

USD 2,361 Million (Small Cap)

stock-summary
P/E

10.00

stock-summary
Industry P/E

NA

stock-summary
Dividend Yield

3.74%

stock-summary
Debt Equity

0.00

stock-summary
Return on Equity

9.61%

stock-summary
Price to Book

1.01

Revenue and Profits:
Net Sales:
230 Million
(Quarterly Results - Jun 2025)
Net Profit:
57 Million
stock-summaryTotal Returns
Total Returns (Price + Dividend) stock-summary
TimePeriod
Price Return
Dividend Return
Total Return
3 Months
-8.69%
0%
-8.69%
6 Months
-0.4%
0%
-0.4%
1 Year
-12.5%
0%
-12.5%
2 Years
15.34%
0%
15.34%
3 Years
-13.6%
0%
-13.6%
4 Years
-6.42%
0%
-6.42%
5 Years
9.08%
0%
9.08%

First Merchants Corp. (Indiana) for the last several years.

Risk Adjusted Returns v/s stock-summary
stock-summaryNews & Corporate Actions
News
Announcements stock-summary
Icon
No announcement available
Corporate Actions stock-summary
Icon
No corporate action available
stock-summaryKey Factors
Quality key factors stock-summary
Factor
Value
Sales Growth (5y)
14.43%
EBIT Growth (5y)
3.34%
EBIT to Interest (avg)
0
Debt to EBITDA (avg)
0
Net Debt to Equity (avg)
0
Sales to Capital Employed (avg)
0
Tax Ratio
0
Dividend Payout Ratio
40.78%
Pledged Shares
0
Institutional Holding
83.17%
ROCE (avg)
0
ROE (avg)
0
Valuation key factors
Factor
Value
P/E Ratio
10
Industry P/E
Price to Book Value
0.92
EV to EBIT
15.62
EV to EBITDA
13.39
EV to Capital Employed
0.94
EV to Sales
3.15
PEG Ratio
3.68
Dividend Yield
5.08%
ROCE (Latest)
6.04%
ROE (Latest)
8.95%
Technicals key factors
Indicator
Weekly
Monthly
MACD
Bearish
Mildly Bearish
RSI
No Signal
No Signal
Bollinger Bands
Mildly Bearish
Mildly Bearish
Moving Averages
Mildly Bearish (Daily)
KST
Bearish
Mildly Bearish
Dow Theory
Mildly Bullish
Mildly Bearish
OBV
No Trend
No Trend
stock-summary Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
stock-summaryShareholding
Shareholding Snapshot : Mar 2025stock-summary
Shareholding Compare (%holding) stock-summary
Majority shareholders

Domestic Funds

Domestic Funds

Held in 71 Schemes (38.25%)

Foreign Institutions

Held by 84 Foreign Institutions (5.24%)

Strategic Entities with highest holding

Highest Public shareholder

stock-summaryFinancial
[
  {
    "link": "quarterly",
    "btn_text": "All Quarterly Results",
    "alert": "No Quarterly Results declared by First Merchants Corp. (Indiana)"
  },
  {
    "link": "annual",
    "btn_text": "All Annual Results",
    "alert": "No Annual Results declared by First Merchants Corp. (Indiana)"
  }
]
stock-summaryCompany CV
About First Merchants Corp. (Indiana) stock-summary
stock-summary
First Merchants Corp. (Indiana)
Major Banks
First Merchants Corporation is a financial holding company. The Company has a bank charter, First Merchants Bank (the Bank), which is opened for business in Muncie, Indiana. It operates through community banking business segment. The Bank also operates Lafayette Bank and Trust, and First Merchants Private Wealth Advisors (each as a division of First Merchants Bank). As of July 17, 2017, the Bank included 122 banking centers in Indiana, Illinois and Ohio counties. In addition to its branch network, the Company's delivery channels include automated teller machines, check cards and Internet technology. Through the Bank, it offers a range of financial services, including accepting time deposits, savings and demand deposits; making consumer, commercial and real estate mortgage loans; renting safe deposit facilities; providing personal and corporate trust services, and providing other corporate services, letters of credit and repurchase agreements.
Company Coordinates stock-summary
Company Details
200 E Jackson St, PO Box 792 MUNCIE IN : 47308-0792
stock-summary
Tel: 1 765 74715001 765 5217619
stock-summary
Registrar Details