FRME: First Merchants Corporation - Summary | Jitta

First Merchants Corporation

NASDAQ:FRME

Price
$39.58
Loss Chance
42.9%
6.39JITTA SCORE
9.41%Over Jitta Line
Jitta Ranking
303 / 321
576 / 700
2,629 / 4,228
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HISTORICAL JITTA SCORE
Jitta Factors
Growth Opportunity (49)
Recent Business Performance (51)
Financial Strength (91)
Return to Shareholders (70)
Competitive Advantage (56)
Jitta Signs
Revenue and EarningConsistent
Dividend PayoutIncreasing Every Year
CapExVery Low
Total DepositConsistent
Loan to DepositEfficiency
Net Interest MarginEfficiency
Recent Business PerformanceEarning decline 51.53% in the last quarter (yoy)
SG&A to SalesIncreasing
Key Stats
Jitta Score
Jitta Line
6.39
9.41%
6.38
81.56%
5.49
89.03%
Regional Banks
8.11
45.50%
7.38
28.53%
7.31
30.79%
COMPANY DESCRIPTION
First Merchants Corporation operates as the financial holding company for First Merchants Bank that provides commercial and consumer banking services. The company offers a range of financial services, including checking, savings, and deposit products; debit and credit cards; mortgages, refinance, construction or renovation of residential properties, agricultural lending, treasury management services and depository products. It also provides personal and commercial wealth management services, brokerage, investment management, private banking, fiduciary estate, and financial planning services. The company operates banking locations in Indiana, Ohio, and Michigan counties. It offers its services through electronic and mobile delivery channels. First Merchants Corporation was founded in 1893 and is headquartered in Muncie, Indiana.