FRME: First Merchants Corporation - Summary | Jitta

First Merchants Corporation

NASDAQ:FRME

Price
$38.98
Loss Chance
44.0%
6.76JITTA SCORE
71.29%Over Jitta Line
Jitta Ranking
310 / 320
663 / 734
3,679 / 5,122
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HISTORICAL JITTA SCORE
Jitta Factors
Growth Opportunity (60)
Recent Business Performance (60)
Financial Strength (92)
Return to Shareholders (69)
Competitive Advantage (61)
Jitta Signs
Revenue and EarningConsistent
Operating MarginConsistent
Dividend PayoutIncreasing Every Year
CapExVery Low
Total DepositConsistent Growth
Loan to DepositEfficiency
Net Interest MarginHigh Efficiency
Recent Business PerformanceEarning decline 20.75% in the last quarter (yoy)
Key Stats
Jitta Score
Jitta Line
6.76
71.29%
6.28
101.87%
5.27
112.75%
Regional Banks
7.55
43.17%
6.84
60.01%
7.58
41.53%
COMPANY DESCRIPTION
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.