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Realtime updates for First Merchants Corp [FRME]

Exchange: NASDAQ Sector: Financial Services Industry: Banks—Regional
Upcoming Earnings Alert

Quarter results tomorrow
(bmo 2024-04-25)

Expected move: +/- 4.52%

BUY
75.00%
return -0.21%
SELL
33.33%
return -1.01%
Last Updated23 Apr 2024 @ 16:00

2.15% $ 34.72

SELL 100475 min ago

@ $33.19

Issued: 14 Feb 2024 @ 09:30


Return: 4.61%


Previous signal: Feb 12 - 15:55


Previous signal: Buy


Return: -3.77 %

Live Chart Being Loaded With Signals

Commentary (23 Apr 2024 @ 16:00):

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...

Stats
Today's Volume 198 238
Average Volume 286 764
Market Cap 2.06B
EPS $0 ( 2024-04-23 )
Next earnings date ( $0.820 ) 2024-04-25
Last Dividend $0.340 ( 2023-11-30 )
Next Dividend $0 ( N/A )
P/E 9.31
ATR14 $0.0240 (0.07%)
Insider Trading
Date Person Action Amount type
2024-04-09 Becher Michael R Buy 1 500 Common Stock
2024-04-09 Becher Michael R Sell 1 500 Non-Employee Director Stock Option (right to buy)
2024-04-09 Schalliol Charles E Buy 1 500 Common Stock
2024-04-09 Schalliol Charles E Sell 1 500 Non-Employee Director Stock Option (right to buy)
2024-03-29 Stewart Michael J Buy 36 Common Stock
INSIDER POWER
14.64
Last 100 transactions
Buy: 93 107 | Sell: 67 261

Volume Correlation

Long: -0.35 (neutral)
Short: -0.93 (very strong negative)
Signal:(48.675) Neutral

First Merchants Corp Correlation

10 Most Positive Correlations
JRJC0.966
KZR0.962
CSTE0.96
NKLA0.957
EGBN0.957
BCBP0.956
SASR0.956
MGYR0.953
CARA0.951
BSRR0.951
10 Most Negative Correlations
BLPH-0.942
PLPC-0.94
CPTA-0.936
AAON-0.932
PT-0.929
ADMS-0.929
RAM-0.929
IMRX-0.928
ASLN-0.926
ALDX-0.925

Did You Know?

Correlation is a statistical measure that describes the relationship between two variables. It ranges from -1 to 1, where -1 indicates a perfect negative correlation (as one variable increases, the other decreases), 1 indicates a perfect positive correlation (as one variable increases, the other increases), and 0 indicates no correlation (there is no relationship between the variables).

Correlation can be used to analyze the relationship between any two variables, not just stocks. It's commonly used in fields such as finance, economics, psychology, and more.

First Merchants Corp Correlation - Currency/Commodity

The country flag 0.00
( neutral )
The country flag -0.14
( neutral )
The country flag 0.00
( neutral )
The country flag 0.35
( neutral )
The country flag 0.54
( weak )
The country flag 0.59
( weak )

First Merchants Corp Financials

Annual 2023
Revenue: $996.17M
Gross Profit: $996.17M (100.00 %)
EPS: $3.74
Q4 2023
Revenue: $261.84M
Gross Profit: $261.84M (100.00 %)
EPS: $0.710
Q3 2023
Revenue: $161.23M
Gross Profit: $161.23M (100.00 %)
EPS: $0.940
Q2 2023
Revenue: $164.15M
Gross Profit: $164.15M (100.00 %)
EPS: $1.020

Financial Reports:

No articles found.

First Merchants Corp Dividends

(Q3/22) (Q4/22) (Q1/23) (Q2/23) (Q3/23) (Q4/23) (Q1/24) (Q2/24) (Q3/24) (Q4/24)
$0.320
(N/A)
$0.320
(N/A)
$0.320
(N/A)
$0.340
(N/A)
$0.340
(N/A)
$0.340
(N/A)
$0
(N/A)
$0
(N/A)
$0
(N/A)
$0
(N/A)

First Merchants Corp Dividend Information - Dividend King

Dividend Sustainability Score: 8.37 - good (83.72%) | Divividend Growth Potential Score: 7.31 - Increase likely (46.21%)

Very Unsafe

High risk of being cut

Unsafe

Heightened risk of being cut

Borderline

Moderate risk of being cut

Safe

Unlikely to be cut

Very Safe

Very unlikely to be cut

Information
First Dividend $0.0640 1989-08-30
Last Dividend $0.340 2023-11-30
Next Dividend $0 N/A
Payout Date 2023-12-15
Next Payout Date N/A
# dividends 137 --
Total Paid Out $21.96 --
Avg. Dividend % Per Year 2.03% --
Score 5.67 --
Div. Sustainability Score 8.37
Div.Growth Potential Score 7.31
Div. Directional Score 7.84 --
Next Divdend (Est)
(2024-07-03)
$0.345 Estimate 39.78 %
Dividend Stability
0.80 Good
Dividend Score
5.67
Pay Frequency
Quarterly
Yearly Payout
Year Amount Yield
1989 $0.128 2.13%
1990 $0.271 4.42%
1991 $0.302 5.25%
1992 $0.243 3.37%
1993 $0.361 3.30%
1994 $0.408 3.62%
1995 $0.446 3.72%
1996 $0.506 3.41%
1997 $0.598 4.11%
1998 $0.668 3.13%
1999 $0.726 3.26%
2000 $0.778 3.38%
2001 $0.816 4.46%
2002 $0.856 3.97%
2003 $0.898 4.06%
2004 $0.920 3.61%
2005 $0.920 3.27%
2006 $0.920 3.49%
2007 $0.920 3.37%
2008 $0.920 4.47%
2009 $0.470 2.06%
2010 $0.0400 0.70%
2011 $0.0400 0.44%
2012 $0.100 1.15%
2013 $0.180 1.18%
2014 $0.290 1.32%
2015 $0.410 1.84%
2016 $0.540 2.20%
2017 $0.690 1.83%
2018 $0.840 2.00%
2019 $1.000 2.89%
2020 $1.040 2.52%
2021 $1.130 3.05%
2022 $1.250 2.94%
2023 $1.340 3.27%
2024 $0 0.00%

Dividend Commentary

The company's strong Dividend Sustainability Score (DSS) indicates its robust capacity to uphold current dividend levels. Furthermore, its high Dividend Growth Potential Score (DGPS) signals potential dividend growth. In summary, the company provides a promising overall dividend outlook, balancing both sustainability and growth potential.

Top 10 dividend Companies for NASDAQ

Symbol Title Last dividend Frequency Years Dividend Yearly Dividend Score
GAIN Dividend Royal 2023-12-04 Monthly 20 8.19% 8.50
GLDI Dividend Royal 2023-11-20 Monthly 12 7.15% 8.50
OXLC Dividend Royal 2023-12-14 Monthly 14 10.00% 8.50
QYLD Dividend Royal 2023-11-20 Monthly 11 7.50% 8.50
PSEC Dividend Royal 2023-12-26 Monthly 21 7.04% 8.50
SLVO Dividend Royal 2023-11-20 Monthly 12 10.77% 8.50
OXSQ Dividend Diamond 2023-12-14 Monthly 21 9.10% 8.50
HRZN Dividend King 2023-12-18 Monthly 15 6.60% 8.45
USOI Dividend Royal 2023-11-20 Monthly 8 16.70% 8.28
PFLT Dividend King 2023-11-15 Monthly 14 6.50% 8.27

Dividend Sustainability Score (DSS)

RatioActual ValueWeightNormalized ValueScoreRange
netProfitMarginTTM0.2961.5004.086.12[0 - 0.5]
returnOnAssetsTTM0.01221.2009.5910.00[0 - 0.3]
returnOnEquityTTM0.1041.5009.9610.00[0.1 - 1]
payoutRatioTTM0.366-1.0006.34-6.34[0 - 1]
currentRatioTTM0.07230.800-4.64-3.71[1 - 3]
quickRatioTTM0.2190.800-3.42-2.74[0.8 - 2.5]
cashRatioTTM0.05281.500-0.818-1.227[0.2 - 2]
debtRatioTTM0.0562-1.5009.06-10.00[0 - 0.6]
interestCoverageTTM1.3271.000-0.620-0.620[3 - 30]
operatingCashFlowPerShareTTM4.112.008.6310.00[0 - 30]
freeCashFlowPerShareTTM4.112.007.9510.00[0 - 20]
debtEquityRatioTTM0.460-1.5008.16-10.00[0 - 2.5]
grossProfitMarginTTM1.0001.00010.0010.00[0.2 - 0.8]
operatingProfitMarginTTM0.4401.0003.193.19[0.1 - 0.6]
cashFlowToDebtRatioTTM0.2361.0009.809.80[0.2 - 2]
assetTurnoverTTM0.04110.800-3.06-2.45[0.5 - 2]
Total Score8.37

Dividend Growth Score (DGS)

RatioActual ValueWeightNormalized ValueScoreRange
peRatioTTM9.221.0009.170[1 - 100]
returnOnEquityTTM0.1042.509.9710.00[0.1 - 1.5]
freeCashFlowPerShareTTM4.112.008.6310.00[0 - 30]
dividendYielPercentageTTM3.921.50010.000[0 - 0.4]
operatingCashFlowPerShareTTM4.112.008.6310.00[0 - 30]
payoutRatioTTM0.3661.5006.34-6.34[0 - 1]
pegRatioTTM2.191.50010.000[0.5 - 2]
operatingCashFlowSalesRatioTTM0.3231.0004.430[0.1 - 0.5]
Total Score7.31

First Merchants Corp

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 headquartered in Muncie, Indiana.

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