First Merchants Corporation

First Merchants Corporationverified

FRME

Price:

$44.05

Market Cap:

$2.58B

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

1989-06-20

Stock Exchange

NASDAQ

Ticker

FRME

The ROE as of November 2024 (TTM) for First Merchants Corporation (FRME) is 7.99%

According to First Merchants Corporation’s latest financial reports and current stock price. The company's current ROE is 7.99%. This represents a change of 300.24% compared to the average of 2.00% of the last 4 quarters.

First Merchants Corporation (FRME) Historical ROE (quarterly & annually)

How has FRME ROE performed in the past?

The mean historical ROE of First Merchants Corporation over the last ten years is 9.24%. The current 7.99% ROE has changed -13.50% with respect to the historical average. Over the past ten years (40 quarters), FRME's ROE was at its highest in in the December 2022 quarter at 3.48%. The ROE was at its lowest in in the December 2015 quarter at 1.67%.

Quarterly (TTM)
Annual

Average

9.24%

Median

9.10%

Minimum

7.37%

Maximum

11.30%

First Merchants Corporation (FRME) ROE by Quarter and Year

Discovering the peaks and valleys of First Merchants Corporation ROE, 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 = 53.32%

Maximum Annual ROE = 11.30%

Minimum Annual Increase = -18.53%

Minimum Annual ROE = 7.37%

Quarterly (TTM)
Annual
YearROEChange
20239.96%-8.78%
202210.91%1.57%
202110.75%35.64%
20207.92%-13.94%
20199.21%-18.53%
201811.30%53.32%
20177.37%-18.01%
20168.99%16.93%
20157.69%-7.12%
20148.28%18.02%

First Merchants Corporation (FRME) Average ROE

How has FRME ROE performed in the past?

The current ROE of First Merchants Corporation (FRME) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

10.54%

5-year avg

9.75%

10-year avg

9.24%

First Merchants Corporation (FRME) ROE vs. Peers

How is FRME’s ROE compared to its peers?

First Merchants Corporation’s ROE is less than Home Bancorp, Inc. (9.58%), less than HomeTrust Bancshares, Inc. (10.41%), less than Great Southern Bancorp, Inc. (10.36%), less than Bank of South Carolina Corporation (12.84%), less than Finward Bancorp (7.60%), less than First Bancorp (7.27%), less than Independent Bank Corporation (14.58%), less than National Bank Holdings Corporation (9.92%), less than German American Bancorp, Inc. (11.94%), less than Horizon Bancorp, Inc. (2.89%), less than Community West Bancshares (0.44%), less than First Financial Northwest, Inc. (0.66%), less than Northfield Bancorp, Inc. (Staten Island, NY) (3.86%), less than HMN Financial, Inc. (4.89%), greater than First Northwest Bancorp (-3.50%), less than Oconee Federal Financial Corp. (8.62%), less than Cullman Bancorp, Inc. (3.60%),

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