First Merchants (NASDAQ:FRME) Azioni

FIRST MERCHANTS CORP

First Merchants

First Merchants Corp, through its subsidiaries, provides its customers with financial services delivered locally by bankers. It offers personal banking, business banking, real estate mortgage lending, cash management services, brokerage, wealth management, and insurance. The company reports in only one segment which is community banking.

Across the recent three months, 6 analysts have shared their insights on First Merchants (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FRME#NASDAQ">FRME</a>), expressing a variety of opinions spanning from bullish to bearish.
The table below provides a snapshot of their recent ratings, showcasing how sentiments have evolved over the past 30 days and comparing them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th align="right">Bullish</th>
<th align="right">Somewhat Bullish</th>
<th align="right">Indifferent</th>
<th align="right">Somewhat Bearish</th>
<th align="right">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td align="right">0</td>
<td align="right">6</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td align="right">0</td>
<td align="right">2</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td align="right">0</td>
<td align="right">3</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
</tbody>
</table>
Analysts have recently evaluated First Merchants and provided 12-month price targets. The average target is $50.17, accompanied by a high estimate of $55.00 and a low estimate of $46.00. No alteration is observed as the current average remains at the previous average price target. 
<img src="https://www.benzinga.com/files/images/story/2025/1745863264_0.png" alt="price target chart" />
<h2>Deciphering Analyst Ratings: An In-Depth Analysis</h2>
The standing of First Merchants among financial experts becomes clear with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
&#x7C; Analyst &#x7C; Analyst Firm &#x7C; Action Taken &#x7C; Rating &#x7C;Current Price Target&#x7C; Prior Price Target &#x7C; 
&#x7C;--------------------&#x7C;-----------------------&#x7C;---------------&#x7C;---------------&#x7C;--------------------&#x7C;--------------------&#x7C; 
&#x7C;Nathan Race &#x7C;Piper Sandler &#x7C;Lowers &#x7C;Overweight &#x7C; $49.00&#x7C;$55.00 &#x7C; 
&#x7C;Damon Delmonte &#x7C;Keefe, Bruyette &amp; Woods&#x7C;Lowers &#x7C;Outperform &#x7C; $49.00&#x7C;$52.00 &#x7C; 
&#x7C;Daniel Tamayo &#x7C;Raymond James &#x7C;Lowers &#x7C;Outperform &#x7C; $46.00&#x7C;$50.00 &#x7C; 
&#x7C;Damon Delmonte &#x7C;Keefe, Bruyette &amp; Woods&#x7C;Raises &#x7C;Outperform &#x7C; $52.00&#x7C;$50.00 &#x7C; 
&#x7C;Daniel Tamayo &#x7C;Raymond James &#x7C;Raises &#x7C;Outperform &#x7C; $50.00&#x7C;$42.00 &#x7C; 
&#x7C;Nathan Race &#x7C;Piper Sandler &#x7C;Raises &#x7C;Overweight &#x7C; $55.00&#x7C;$52.00 &#x7C;
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to First Merchants. This insight gives a snapshot of analysts' perspectives on the current state of the company.</li>
<li>Rating: Gaining insights, analysts provide qualitative assessments, ranging from 'Outperform' to 'Underperform'. These ratings reflect expectations for the relative performance of First Merchants compared to the broader market.</li>
<li>Price Targets: Delving into movements, analysts provide estimates for the future value of First Merchants's stock. This analysis reveals shifts in analysts' expectations over time.</li>
</ul>
Analyzing these analyst evaluations alongside relevant financial metrics can provide a comprehensive view of First Merchants's market position. Stay informed and make data-driven decisions with the assistance of our Ratings Table.
<a href="https://www.benzinga.com/quote/FRME/analyst-ratings?adType=benzinga-insights&amp;ad=analyst-ratings&amp;campaign=wallstreetadvantage">Stay up to date on First Merchants analyst ratings.</a>
<h2>Delving into First Merchants's Background</h2>
First Merchants Corp, through its subsidiaries, provides its customers with financial services delivered locally by bankers. It offers personal banking, business banking, real estate mortgage lending, cash management services, brokerage, wealth management, and insurance. The company reports in only one segment which is community banking.
<h3>First Merchants's Economic Impact: An Analysis</h3>
Market Capitalization Analysis: Falling below industry benchmarks, the company's market capitalization reflects a reduced size compared to peers. This positioning may be influenced by factors such as growth expectations or operational capacity.
Positive Revenue Trend: Examining First Merchants's financials over 3M reveals a positive narrative. The company achieved a noteworthy revenue growth rate of 2.03% as of 31 March, 2025, showcasing a substantial increase in top-line earnings. In comparison to its industry peers, the company trails behind with a growth rate lower than the average among peers in the Financials sector.
Net Margin: First Merchants's net margin is impressive, surpassing industry averages. With a net margin of 34.23%, the company demonstrates strong profitability and effective cost management.
Return on Equity (ROE): First Merchants's ROE is below industry averages, indicating potential challenges in efficiently utilizing equity capital. With an ROE of 2.39%, the company may face hurdles in achieving optimal financial returns.
Return on Assets (ROA): First Merchants's ROA falls below industry averages, indicating challenges in efficiently utilizing assets. With an ROA of 0.3%, the company may face hurdles in generating optimal returns from its assets.
Debt Management: With a high debt-to-equity ratio of 0.45, First Merchants faces challenges in effectively managing its debt levels, indicating potential financial strain.
<h2>Understanding the Relevance of Analyst Ratings</h2>
Benzinga tracks 150 analyst firms and reports on their stock expectations. Analysts typically arrive at their conclusions by predicting how much money a company will make in the future, usually the upcoming five years, and how risky or predictable that company's revenue streams are.
Analysts attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish their ratings on stocks. Analysts typically rate each stock once per quarter or whenever the company has a major update.
Analysts may enhance their evaluations by incorporating forecasts for metrics like growth estimates, earnings, and revenue, delivering additional guidance to investors. It is vital to acknowledge that, although experts in stocks and sectors, analysts are human and express their opinions when providing insights.
Breaking: Wall Street's Next Big Mover
Benzinga's #1 analyst just identified a stock poised for explosive growth. This under-the-radar company could surge 200%+ as major market shifts unfold. <a href="https://www.benzinga.com/premium/ideas/turning-point-trader-checkout-2/?t=Tu1tu3arja3be22tu36&amp;adType=benzinga-insights&amp;ad=analyst-ratings&amp;campaign=wallstreetadvantag">Click here for urgent details</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Analyst Ratings

FRME

Deep Dive Into First Merchants Stock: Analyst Perspectives (6 Ratings)

Piper Sandler analyst Nathan Race maintains First Merchants (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FRME#NASDAQ">FRME</a>) with a Overweight and lowers the price target from $55 to $49.

News

Price Target

Piper Sandler Maintains Overweight on First Merchants, Lowers Price Target to $49

Keefe, Bruyette &amp; Woods analyst Damon Delmonte maintains First Merchants (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FRME#NASDAQ">FRME</a>) with a Outperform and lowers the price target from $52 to $49.

Keefe, Bruyette & Woods Maintains Outperform on First Merchants, Lowers Price Target to $49

First Merchants (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FRME#NASDAQ">FRME</a>) reported quarterly earnings of $0.94 per share which beat the analyst consensus estimate of $0.91 by 3.3 percent. This is a 10.59 percent increase over earnings of $0.85 per share from the same period last year. The company reported quarterly sales of $160.32 million which missed the analyst consensus estimate of $170.88 million by 6.18 percent. This is a 4.31 percent increase over sales of $153.70 million the same period last year.

Earnings

Earnings Beats

Earnings Misses

First Merchants Q1 Adj. EPS $0.94 Beats $0.91 Estimate, Sales $160.32M Miss $170.88M Estimate

ADXN

ALEX

ALLE

AMAL

AMBP

APOG

APPF

BAFN

BCPC

BELFA

BELFB

BFST

BHLB

BWMX

CBRE

CIVB

CMCSA

CNOB

COUR

CUBI

CURB

DAIO

DGICA

DGICB

ERIE

FARO

FBIZ

FCFS

FCNCA

FFBC

GBCI

GILD

GLPI

GNFT

GOOG

GOOGL

HELE

HFWA

IBCP

INDV

INTC

ITGR

KNSL

KRNY

LADR

LYTS

MBLY

MGRC

MMSI

MOFG

Earnings Scheduled For April 24, 2025

First Merchants (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FRME#NASDAQ">FRME</a>) is preparing to release its quarterly earnings on Thursday, 2025-04-24. Here's a brief overview of what investors should keep in mind before the announcement.
Analysts expect First Merchants to report an earnings per share (EPS) of $0.86.
Anticipation surrounds First Merchants's announcement, with investors hoping to hear about both surpassing estimates and receiving positive guidance for the next quarter.
New investors should understand that while earnings performance is important, market reactions are often driven by guidance.
<h3>Overview of Past Earnings</h3>
Last quarter the company beat EPS by $0.10, which was followed by a 4.05% increase in the share price the next day.
Here's a look at First Merchants's past performance and the resulting price change:

<table>
<thead>
<tr>
<th>Quarter</th>
<th>Q4 2024</th>
<th>Q3 2024</th>
<th>Q2 2024</th>
<th>Q1 2024</th>
</tr>
</thead>
<tbody>
<tr>
<td>EPS Estimate</td>
<td>0.9</td>
<td>0.90</td>
<td>0.80</td>
<td>0.82</td>
</tr>
<tr>
<td>EPS Actual</td>
<td>1</td>
<td>0.95</td>
<td>0.68</td>
<td>0.85</td>
</tr>
<tr>
<td>Price Change %</td>
<td>4.0%</td>
<td>-1.0%</td>
<td>2.0%</td>
<td>-1.0%</td>
</tr>
</tbody>
</table>

<img src="https://www.benzinga.com/files/images/story/2025/1745438463_0.png" alt="eps graph" />
<h3>First Merchants Share Price Analysis</h3>
Shares of First Merchants were trading at $36.23 as of April 22. Over the last 52-week period, shares are up 6.79%. Given that these returns are generally positive, long-term shareholders should be satisfied going into this earnings release. 
<a href="https://www.benzinga.com/quote/FRME/earnings">To track all earnings releases for First Merchants visit their earnings calendar on our site.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

A Look at First Merchants's Upcoming Earnings Report

WIIM

ABCB

BANR

BPOP

CATY

CVBF

FFIN

FIBK

HIFS

IBOC

INBK

INDB

MBCN

PNFP

RNST

SBCF

SFBS

SFNC

TBBK

TCBI

TFIN

UBSI

UMBF

WAFD

WSBC

WSFS

WTFC

Shares of banking companies are trading lower as stocks pull back after surging Wednesday following President Trump's tariff pause announcement.

In the last three months, 4 analysts have published ratings on First Merchants (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FRME#NASDAQ">FRME</a>), offering a diverse range of perspectives from bullish to bearish.
The table below offers a condensed view of their recent ratings, showcasing the changing sentiments over the past 30 days and comparing them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th align="right">Bullish</th>
<th align="right">Somewhat Bullish</th>
<th align="right">Indifferent</th>
<th align="right">Somewhat Bearish</th>
<th align="right">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td align="right">0</td>
<td align="right">4</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td align="right">0</td>
<td align="right">3</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
</tbody>
</table>
Analysts have set 12-month price targets for First Merchants, revealing an average target of $50.75, a high estimate of $55.00, and a low estimate of $46.00. Witnessing a positive shift, the current average has risen by 4.64% from the previous average price target of $48.50.
<img src="https://www.benzinga.com/files/images/story/2025/1743624027_0.png" alt="price target chart" />
<h2>Breaking Down Analyst Ratings: A Detailed Examination</h2>
The perception of First Merchants by financial experts is analyzed through recent analyst actions. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Daniel Tamayo</td>
<td>Raymond James</td>
<td>Lowers</td>
<td>Outperform</td>
<td>$46.00</td>
<td>$50.00</td>
</tr>
<tr>
<td>Damon Delmonte</td>
<td>Keefe, Bruyette &amp; Woods</td>
<td>Raises</td>
<td>Outperform</td>
<td>$52.00</td>
<td>$50.00</td>
</tr>
<tr>
<td>Daniel Tamayo</td>
<td>Raymond James</td>
<td>Raises</td>
<td>Outperform</td>
<td>$50.00</td>
<td>$42.00</td>
</tr>
<tr>
<td>Nathan Race</td>
<td>Piper Sandler</td>
<td>Raises</td>
<td>Overweight</td>
<td>$55.00</td>
<td>$52.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Analysts respond to changes in market conditions and company performance, frequently updating their recommendations. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to First Merchants. This information offers a snapshot of how analysts perceive the current state of the company.</li>
<li>Rating: Offering insights into predictions, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of First Merchants compared to the broader market.</li>
<li>Price Targets: Understanding forecasts, analysts offer estimates for First Merchants's future value. Examining the current and prior targets provides insight into analysts' changing expectations.</li>
</ul>
Understanding these analyst evaluations alongside key financial indicators can offer valuable insights into First Merchants's market standing. Stay informed and make well-considered decisions with our Ratings Table.
<a href="https://www.benzinga.com/quote/FRME/analyst-ratings?adType=benzinga-insights&amp;ad=analyst-ratings&amp;campaign=wallstreetadvantage">Stay up to date on First Merchants analyst ratings.</a>
<h2>Discovering First Merchants: A Closer Look</h2>
First Merchants Corp, through its subsidiaries, provides its customers with financial services delivered locally by bankers. It offers personal banking, business banking, real estate mortgage lending, cash management services, brokerage, wealth management, and insurance. The company reports in only one segment which is community banking.
<h3>First Merchants: A Financial Overview</h3>
Market Capitalization Analysis: The company's market capitalization surpasses industry averages, showcasing a dominant size relative to peers and suggesting a strong market position.
Revenue Growth: Over the 3 months period, First Merchants showcased positive performance, achieving a revenue growth rate of 0.4% as of 31 December, 2024. This reflects a substantial increase in the company's top-line earnings. In comparison to its industry peers, the company trails behind with a growth rate lower than the average among peers in the Financials sector.
Net Margin: First Merchants's net margin surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 40.65% net margin, the company effectively manages costs and achieves strong profitability.
Return on Equity (ROE): First Merchants's ROE stands out, surpassing industry averages. With an impressive ROE of 2.8%, the company demonstrates effective use of equity capital and strong financial performance.
Return on Assets (ROA): First Merchants's ROA stands out, surpassing industry averages. With an impressive ROA of 0.35%, the company demonstrates effective utilization of assets and strong financial performance.
Debt Management: First Merchants's debt-to-equity ratio surpasses industry norms, standing at 0.4. This suggests the company carries a substantial amount of debt, posing potential financial challenges.
<h2>The Basics of Analyst Ratings</h2>
Benzinga tracks 150 analyst firms and reports on their stock expectations. Analysts typically arrive at their conclusions by predicting how much money a company will make in the future, usually the upcoming five years, and how risky or predictable that company's revenue streams are.
Analysts attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish their ratings on stocks. Analysts typically rate each stock once per quarter or whenever the company has a major update.
Analysts may enhance their evaluations by incorporating forecasts for metrics like growth estimates, earnings, and revenue, delivering additional guidance to investors. It is vital to acknowledge that, although experts in stocks and sectors, analysts are human and express their opinions when providing insights.
Breaking: Wall Street's Next Big Mover
Benzinga's #1 analyst just identified a stock poised for explosive growth. This under-the-radar company could surge 200%+ as major market shifts unfold. <a href="https://www.benzinga.com/premium/ideas/turning-point-trader-checkout-2/?t=Tu1tu3arja3be22tu36&amp;adType=benzinga-insights&amp;ad=analyst-ratings&amp;campaign=wallstreetadvantag">Click here for urgent details</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

First Merchants Stock: A Deep Dive Into Analyst Perspectives (4 Ratings)

Raymond James analyst Daniel Tamayo maintains First Merchants (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FRME#NASDAQ">FRME</a>) with a Outperform and lowers the price target from $50 to $46.

Raymond James Maintains Outperform on First Merchants, Lowers Price Target to $46

First Merchants (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FRME#NASDAQ">FRME</a>) underwent analysis by 4 analysts in the last quarter, revealing a spectrum of viewpoints from bullish to bearish.
The table below summarizes their recent ratings, showcasing the evolving sentiments within the past 30 days and comparing them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th align="right">Bullish</th>
<th align="right">Somewhat Bullish</th>
<th align="right">Indifferent</th>
<th align="right">Somewhat Bearish</th>
<th align="right">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td align="right">0</td>
<td align="right">4</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td align="right">0</td>
<td align="right">3</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
</tbody>
</table>
Analysts provide deeper insights through their assessments of 12-month price targets, revealing an average target of $51.75, a high estimate of $55.00, and a low estimate of $50.00. Observing a 10.7% increase, the current average has risen from the previous average price target of $46.75. 
<img src="https://www.benzinga.com/files/images/story/2025/1738350037_0.png" alt="price target chart" />
<h2>Investigating Analyst Ratings: An Elaborate Study</h2>
A comprehensive examination of how financial experts perceive First Merchants is derived from recent analyst actions. The following is a detailed summary of key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Damon Delmonte</td>
<td>Keefe, Bruyette &amp; Woods</td>
<td>Raises</td>
<td>Outperform</td>
<td>$52.00</td>
<td>$50.00</td>
</tr>
<tr>
<td>Daniel Tamayo</td>
<td>Raymond James</td>
<td>Raises</td>
<td>Outperform</td>
<td>$50.00</td>
<td>$42.00</td>
</tr>
<tr>
<td>Nathan Race</td>
<td>Piper Sandler</td>
<td>Raises</td>
<td>Overweight</td>
<td>$55.00</td>
<td>$52.00</td>
</tr>
<tr>
<td>Damon Delmonte</td>
<td>Keefe, Bruyette &amp; Woods</td>
<td>Raises</td>
<td>Outperform</td>
<td>$50.00</td>
<td>$43.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to First Merchants. This insight gives a snapshot of analysts' perspectives on the current state of the company.</li>
<li>Rating: Analysts unravel qualitative evaluations for stocks, ranging from 'Outperform' to 'Underperform'. These ratings offer insights into expectations for the relative performance of First Merchants compared to the broader market.</li>
<li>Price Targets: Delving into movements, analysts provide estimates for the future value of First Merchants's stock. This analysis reveals shifts in analysts' expectations over time.</li>
</ul>
Considering these analyst evaluations in conjunction with other financial indicators can offer a comprehensive understanding of First Merchants's market position. Stay informed and make well-informed decisions with our Ratings Table.
<a href="https://www.benzinga.com/quote/FRME/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on First Merchants analyst ratings.</a>
<h2>About First Merchants</h2>
First Merchants Corp, through its subsidiaries, provides its customers with financial services delivered locally by bankers. It offers personal banking, business banking, real estate mortgage lending, cash management services, brokerage, wealth management, and insurance. The company reports in only one segment which is community banking.
<h3>First Merchants: A Financial Overview</h3>
Market Capitalization Analysis: Below industry benchmarks, the company's market capitalization reflects a smaller scale relative to peers. This could be attributed to factors such as growth expectations or operational capacity.
Revenue Growth: First Merchants's revenue growth over a period of 3 months has faced challenges. As of 30 September, 2024, the company experienced a revenue decline of approximately -3.26%. This indicates a decrease in the company's top-line earnings. As compared to its peers, the revenue growth lags behind its industry peers. The company achieved a growth rate lower than the average among peers in Financials sector.
Net Margin: First Merchants's net margin excels beyond industry benchmarks, reaching 31.23%. This signifies efficient cost management and strong financial health.
Return on Equity (ROE): First Merchants's ROE is below industry averages, indicating potential challenges in efficiently utilizing equity capital. With an ROE of 2.18%, the company may face hurdles in achieving optimal financial returns.
Return on Assets (ROA): First Merchants's ROA is below industry averages, indicating potential challenges in efficiently utilizing assets. With an ROA of 0.27%, the company may face hurdles in achieving optimal financial returns.
Debt Management: First Merchants's debt-to-equity ratio surpasses industry norms, standing at 0.41. This suggests the company carries a substantial amount of debt, posing potential financial challenges.
<h2>The Core of Analyst Ratings: What Every Investor Should Know</h2>
Analysts are specialists within banking and financial systems that typically report for specific stocks or within defined sectors. These people research company financial statements, sit in conference calls and meetings, and speak with relevant insiders to determine what are known as analyst ratings for stocks. Typically, analysts will rate each stock once a quarter. 
Analysts may enhance their evaluations by incorporating forecasts for metrics like growth estimates, earnings, and revenue, delivering additional guidance to investors. It is vital to acknowledge that, although experts in stocks and sectors, analysts are human and express their opinions when providing insights.
Which Stocks Are Analysts Recommending Now?
Benzinga Edge gives you instant access to all major analyst upgrades, downgrades, and price targets. Sort by accuracy, upside potential, and more. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=be8be9arja3be22bz21&amp;utm_source=benzinga-insights">Click here to stay ahead of the market</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

4 Analysts Have This To Say About First Merchants

Keefe, Bruyette &amp; Woods analyst Damon Delmonte maintains First Merchants (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FRME#NASDAQ">FRME</a>) with a Outperform and raises the price target from $50 to $52.

Keefe, Bruyette & Woods Maintains Outperform on First Merchants, Raises Price Target to $52

Raymond James analyst Daniel Tamayo reiterates First Merchants (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FRME#NASDAQ">FRME</a>) with a Outperform and raises the price target from $42 to $50.

Reiteration

Raymond James Reiterates Outperform on First Merchants, Raises Price Target to $50

First Merchants shares are trading higher after Piper Sandler raised its price target on the stock from $52 to $55.

Piper Sandler analyst Nathan Race reiterates First Merchants (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FRME#NASDAQ">FRME</a>) with a Overweight and raises the price target from $52 to $55.

Piper Sandler Reiterates Overweight on First Merchants, Raises Price Target to $55

The Q4 earnings report for First Merchants (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FRME#NASDAQ">FRME</a>) was released on Thursday, January 30, 2025 at 08:01 AM.
Here's what investors need to know about the latest announcement.
<h3>Earnings</h3>
First Merchants beat estimated earnings by 11.0%, reporting an EPS of $1.0 versus an estimate of $0.9.
Revenue was up $20.61 million from the same period last year.
<h3>Performance in Previous Earnings</h3>
Last quarter the company beat on EPS by $0.05 which was followed by a 1.0% drop in the share price the next day.
Here's a look at First Merchants's past performance:

<table>
<thead>
<tr>
<th>Quarter</th>
<th>Q3 2024</th>
<th>Q2 2024</th>
<th>Q1 2024</th>
<th>Q4 2023</th>
</tr>
</thead>
<tbody>
<tr>
<td>EPS Estimate</td>
<td>0.90</td>
<td>0.80</td>
<td>0.82</td>
<td>0.87</td>
</tr>
<tr>
<td>EPS Actual</td>
<td>0.95</td>
<td>0.68</td>
<td>0.85</td>
<td>0.87</td>
</tr>
<tr>
<td>Revenue Estimate</td>
<td>166.33M</td>
<td>160.51M</td>
<td>162.70M</td>
<td>165.48M</td>
</tr>
<tr>
<td>Revenue Actual</td>
<td>155.98M</td>
<td>159.91M</td>
<td>153.70M</td>
<td>156.51M</td>
</tr>
</tbody>
</table>

To track all earnings releases for First Merchants <a href="https://www.benzinga.com/quote/FRME/earnings">visit their earnings calendar here.</a> 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Insights into First Merchants Q4 Earnings

First Merchants (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FRME#NASDAQ">FRME</a>) reported quarterly earnings of $1.00 per share which beat the analyst consensus estimate of $0.90 by 11.11 percent. This is a 14.94 percent increase over earnings of $0.87 per share from the same period last year. The company reported quarterly sales of $177.11 million which beat the analyst consensus estimate of $167.84 million by 5.52 percent. This is a 13.17 percent increase over sales of $156.51 million the same period last year.

First Merchants Q4 Adj EPS $1.00 Beats $0.90 Estimate, Sales $177.11M Beat $167.84M Estimate

AAPL

ALGM

Adtalem Global Education Inc. Common Stock

ATGE

BBVA

BOOT

CACC

CHKP

CSWI

CVCO

DECK

FFWM

FINW

FISI

FLWS

GSIT

KLAC

LPLA

MBUU

NTCT

ONEW

PFSI

REAL

SCSC

SHEL

SILC

SIRI

SKYW

STBA

STEL

Earnings Scheduled For January 30, 2025

Keefe, Bruyette &amp; Woods analyst Damon Delmonte maintains First Merchants (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FRME#NASDAQ">FRME</a>) with a Outperform and raises the price target from $43 to $50.

Keefe, Bruyette & Woods Maintains Outperform on First Merchants, Raises Price Target to $50

U.S. stock futures were mixed this morning, with the Dow futures falling around 0.1% on Monday.
Shares of Zscaler Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ZS#NASDAQ">ZS</a>) fell sharply in today's pre-market trading following <a href="https://www.benzinga.com/news/earnings/24/12/42277443/zscaler-q1-earnings-revenue-beat-eps-beat-new-ai-opportunities-shares-slide">first-quarter results</a>.
Zscaler reported first-quarter revenue of $628 million, beating the consensus estimate of $606.19 million. The cybersecurity company reported adjusted earnings of 77 cents per share, beating analyst estimates of 63 cents per share, according to Benzinga Pro.
Zscaler expects fiscal second-quarter revenue to be in the range of $633 million to $635 million versus estimates of $633.84 million. The company anticipates second-quarter adjusted earnings of 68 cents to 69 cents per share versus estimates of 69 cents per share.
Zscaler shares dipped 7.4% to $192.95 in the pre-market trading session.
Here are some other stocks moving lower in pre-market trading.
<ul>
<li>Logistic Properties of the Americas (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LPA#NYSE">LPA</a>) fell 18.3% to $10.70 in pre-market trading after jumping 77% on Monday.</li>
<li>First Merchants Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FRME#NASDAQ">FRME</a>) shares dipped 16.6% to $36.40 in pre-market trading.</li>
<li>indie Semiconductor, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INDI#NASDAQ">INDI</a>) shares declined 14% to $4.54 in pre-market trading after the company announced plans to offer $175 million in convertible senior notes due 2029.</li>
<li>United States Steel Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/X#NYSE">X</a>) shares declined 8.4% to $37.50 in pre-market trading.</li>
<li>Guardian Pharmacy Services, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GRDN#NASDAQ">GRDN</a>) shares fell 7.7% to $22.41 in pre-market trading.</li>
<li>CleanSpark, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CLSK#NASDAQ">CLSK</a>) shares declined 7.2% to $13.48 in pre-market trading following fourth-quarter results.</li>
<li>TransMedics Group, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TMDX#NASDAQ">TMDX</a>) dipped 7.2% to $79.03 in pre-market trading after the company issued worse-than-expected FY24 revenue guidance.</li>
<li>Afya Limited (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AFYA#NASDAQ">AFYA</a>) shares fell 4.5% to $15.85 in pre-market trading.</li>
</ul>
Now Read This: 
<ul>
<li><a href="https://www.benzinga.com/24/12/42282669/sp-nasdaq-settle-at-record-highs-as-tesla-shares-surge-investor-sentiment-decreases-but-fear-greed-index-remains-in-greed-zone">S&amp;P, Nasdaq Settle At Record Highs As Tesla, SMCI Surge: Fear Index Remains In &#8216;Greed&#8217; Zone</a></li>
</ul>

Pre-Market Outlook

Markets

Movers

Trading Ideas

AFYA

CLSK

GRDN

INDI

TMDX

Zscaler, TransMedics Group And Other Big Stocks Moving Lower In Tuesday's Pre-Market Session

Shares of Credo Technology Group Holding Ltd (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CRDO#NASDAQ">CRDO</a>) rose sharply in today's pre-market trading after the company reported better-than-expected second-quarter financial results issued guidance that <a href="https://www.benzinga.com/quote/CRDO/earnings">was above estimates</a>.
Credo Technology Group shares jumped 40.2% to $67.00 in the pre-market trading session.
Here are some other stocks moving in pre-market trading.
<h3 class="wp-block-heading">Gainers</h3>
<ul>
<li>Cheetah Net Supply Chain Service Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CTNT#NASDAQ">CTNT</a>) gained 157% to $4.83 in pre-market trading. Cheetah Net Supply Chain Service expanded operations with acquisition of TW &amp; EW Services.</li>
<li>Volato Group, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SOAR#NYSE">SOAR</a>) rose 82.2% to $0.4042 in pre-market trading after dipping 15% on Monday.</li>
<li>Janux Therapeutics Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JANX#NASDAQ">JANX</a>) gained 66.3% to $66.82 in pre-market trading after it announced doses selected for its phase 1b expansion trials.</li>
<li>Citius Oncology Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CTOR#NASDAQ">CTOR</a>) gained 60.8% to $1.64 in pre-market trading.</li>
<li>Shimmick Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SHIM#NASDAQ">SHIM</a>) gained 30.7% to $3.66 in pre-market trading after the company announced a $4.5 million contract to complete seismic retrofitting and improvements to the Murray street bridge.</li>
<li>Serina Therapeutics, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SER#NYSE">SER</a>) gained 23.2% to $5.85 in pre-market trading as the company revealed a $10 million equity financing with strategic shareholder JuvVentures (UK) Limited.</li>
<li>Universe Pharmaceuticals INC (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/UPC#NASDAQ">UPC</a>) gained 23.2% to $2.38 in pre-market trading after gaining 8% on Monday.</li>
<li>Nauticus Robotics, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KITT#NASDAQ">KITT</a>) rose 18.8% to $1.33 in pre-market trading after the company announced it completed an Aquanaut Mark 2 Evaluation Agreement with a Global Supermajor Oil &amp; Gas customer.</li>
<li>Vir Biotechnology, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VIR#NASDAQ">VIR</a>) gained 14.8% to $9.36 in pre-market trading.</li>
</ul>
<h3 class="wp-block-heading">Losers</h3>
<ul>
<li>Ocean Power Technologies, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/OPTT#NASDAQ">OPTT</a>) shares tumbled 40% to $0.4202 in pre-market trading after the company released preliminary financial results for second quarter fiscal 2025.</li>
<li>Gelteq Limited (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GELS#NASDAQ">GELS</a>) shares fell 22.6% to $2.94 in pre-market trading. Gelteq shares jumped 93% on Monday after the company announced Healthy Extracts, its largest customer, increased its initial purchase order of Gelteq collagen and Mynus sugar blocker gels by 50%.</li>
<li>Aptorum Group Limited (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/APM#NASDAQ">APM</a>) fell 18.8% to $0.7002 in pre-market trading after jumping 24% on Monday.</li>
<li>Logistic Properties of the Americas (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LPA#NYSE">LPA</a>) fell 18.3% to $10.70 in pre-market trading after jumping 77% on Monday.</li>
<li>Odyssey Marine Exploration, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/OMEX#NASDAQ">OMEX</a>) shares fell 18% to $0.6111 in pre-market trading after gaining over 60% on Monday.</li>
<li>The Lion Electric Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LEV#NYSE">LEV</a>) declined 17.2% to $0.2377 in pre-market trading after gaining 55% on Monday.</li>
<li>Safe &amp; Green Holdings Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SGBX#NASDAQ">SGBX</a>) fell 16.7% to $0.5694 in pre-market trading after gaining around 40% on Monday.</li>
<li>First Merchants Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FRME#NASDAQ">FRME</a>) shares dipped 16.6% to $36.40 in pre-market trading.</li>
<li>Meiwu Technology Company Limited (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WNW#NASDAQ">WNW</a>) fell 12.2% to $0.8601 in today's pre-market trading.</li>
<li>Zscaler Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ZS#NASDAQ">ZS</a>) dipped 7.4% to $192.95 in pre-market trading following first-quarter results.</li>
</ul>
Now Read This: 
<ul>
<li><a href="https://www.benzinga.com/24/12/42282669/sp-nasdaq-settle-at-record-highs-as-tesla-shares-surge-investor-sentiment-decreases-but-fear-greed-index-remains-in-greed-zone">S&amp;P, Nasdaq Settle At Record Highs As Tesla, SMCI Surge: Fear Index Remains In &#8216;Greed&#8217; Zone</a></li>
</ul>

CRDO

CTNT

CTOR

GELS

JANX

KITT

OMEX

OPTT

SGBX

SHIM

SOAR

Why Credo Technology Group Shares Are Trading Higher By 40%; Here Are 20 Stocks Moving Premarket

Press Releases

First Merchants Corporation to Report Fourth Quarter 2024 Financial Results, Host Conference Call and Webcast

Dividends

First Merchants Corporation Announces Cash Dividend on Its Preferred Stock

First Merchants Corporation Announces Fourth Quarter 2024 Earnings Per Share

First Merchants Corporation Announces Cash Dividend

First Merchants Corporation to Report First Quarter 2025 Financial Results, Host Conference Call and Webcast

First Merchants Corporation Announces Cash Dividend on its Preferred Stock

First Merchants Corporation Announces First Quarter 2025 Earnings Per Share

First Merchants Corporation Announces Changed Ex-Dividend Date for Previously Announced Dividend

First Merchants Corporation to Report Second Quarter 2025 Financial Results, Host Conference Call and Webcast

Comments

First Merchants

Notizie

PARTNER/COLLABORATORE

BENZINGA NEL MONDO