FRMEP
Price:
$25.64
Market Cap:
$2.41B
First Merchants Corporation operates as the financial holding company for First Merchants Bank that provides community banking services. It accepts time, savings, and demand deposits; and provides consumer, commercial, agri-business, and real estate mortgage loans, as well as public finance. The company also offers personal and corporate trust; brokerage and private wealth management; and letters of credit, repurchase agreements, and other corporate services. It operates 109 banking locations in Indiana, Illinois, Ohio, and Michigan counties. The company also offers its services through electronic and mobile delivery channels. First Merchants Corporation was founded in 1893 and is headquarte...[Read more]
Industry
Banks - Regional
IPO Date
2020-08-18
Stock Exchange
NASDAQ
Ticker
FRMEP
According to First Merchants Corporation’s latest financial reports and current stock price. The company's current Enterprise Value is 2.89B. This represents a change of 9.53% compared to the average of 2.64B of the last 4 quarters.
The mean historical Enterprise Value of First Merchants Corporation over the last ten years is 2.06B. The current 2.89B Enterprise Value has changed 13.96% with respect to the historical average. Over the past ten years (40 quarters), FRMEP's Enterprise Value was at its highest in in the December 2022 quarter at 3.16B. The Enterprise Value was at its lowest in in the December 2014 quarter at 952.68M.
Average
2.06B
Median
2.02B
Minimum
930.45M
Maximum
3.10B
Discovering the peaks and valleys of First Merchants Corporation Enterprise Value, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 52.00%
Maximum Annual Enterprise Value = 3.10B
Minimum Annual Increase = -16.62%
Minimum Annual Enterprise Value = 930.45M
Year | Enterprise Value | Change |
---|---|---|
2023 | 2.96B | -4.52% |
2022 | 3.10B | 50.07% |
2021 | 2.06B | 6.14% |
2020 | 1.94B | -16.62% |
2019 | 2.33B | 18.66% |
2018 | 1.97B | -13.05% |
2017 | 2.26B | 25.02% |
2016 | 1.81B | 52.00% |
2015 | 1.19B | 27.87% |
2014 | 930.45M | 22.61% |
The current Enterprise Value of First Merchants Corporation (FRMEP) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
2.71B
5-year avg
2.48B
10-year avg
2.06B
First Merchants Corporation’s Enterprise Value is greater than Heartland Financial USA, Inc. (2.35B), greater than OceanFirst Financial Corp. (2.15B), less than Old National Bancorp (10.90B), less than Old National Bancorp (10.90B), less than United Community Banks, Inc. (3.84B),
Company | Enterprise Value | Market cap |
---|---|---|
2.35B | $1.09B | |
2.15B | $1.47B | |
10.90B | $7.99B | |
10.90B | $8.05B | |
3.84B | $2.85B |
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What is the Enterprise Value?
How can you use the Enterprise Value?
What is First Merchants Corporation's Enterprise Value?
What is the highest Enterprise Value for First Merchants Corporation (FRMEP)?
What is the 3-year average Enterprise Value for First Merchants Corporation (FRMEP)?
What is the 5-year average Enterprise Value for First Merchants Corporation (FRMEP)?
How does the current Enterprise Value for First Merchants Corporation (FRMEP) compare to its historical average?