FRME: First Merchants Corporation - Summary | Jitta

First Merchants Corporation

NASDAQ:FRME

Price
$28.95
Loss Chance
42.5%
6.68JITTA SCORE
51.75%Under Jitta Line
Jitta Ranking
63 / 366
67 / 758
97 / 5,159
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HISTORICAL JITTA SCORE
Jitta Factors
Growth Opportunity (54)
Recent Business Performance (64)
Financial Strength (92)
Return to Shareholders (73)
Competitive Advantage (66)
Jitta Signs
Revenue and EarningConsistent
Dividend PayoutIncreasing Every Year
CapExVery Low
SG&A to SalesDecreasing
Total DepositConsistent Growth
Loan to DepositEfficiency
Net Interest MarginHigh Efficiency
Key Stats
Jitta Score
Jitta Line
6.68
51.75%
5.86
19.87%
4.88
177.11%
Regional Banks
7.95
51.82%
7.45
49.33%
7.63
59.90%
COMPANY DESCRIPTION
First Merchants Corporation operates as the financial holding company for First Merchants Bank that provides community banking services. The company accepts time, savings, and demand deposits; and provides consumer, commercial, agri-business, public finance, and real estate mortgage loans. It also offers personal and corporate trust; brokerage and private wealth management; and letters of credit, repurchase agreements, and other corporate services. The company operates banking locations in Indiana, Illinois, Ohio, and Michigan counties. It also offers its services through electronic and mobile delivery channels. The company was founded in 1893 and is headquartered in Muncie, Indiana.