First Merchants Corporation (FRME) is a Banks - Regional company in the Financial Services sector, currently trading at $40.86. It has a SharesGrow Score of 74/100, indicating a above average investment profile with 5 out of 7 criteria passed.
SharesGrow calculates the intrinsic value of FRME = $74.85 (+83.2% from the current price, the stock appears undervalued). Analyst consensus target is FRME = $49 (+19.9% upside).
Valuation: FRME trades at a trailing Price-to-Earnings (P/E) of 10.4 (S&P 500 average ~25) with a forward Price/Earnings-to-Growth (PEG) of 1.
Financials: revenue is $1.1B, +15.1%/yr average growth. Net income is $226M, growing at +1%/yr. Net profit margin is 21.5% (strong). Gross margin is 61% (-24.8 pp trend).
Balance sheet: total debt is $1,000M against $2.5B equity (Debt-to-Equity (D/E) ratio 0.41, conservative). Current ratio is 0.2 (tight liquidity). Debt-to-assets is 5.3%. Total assets: $19.0B.
Analyst outlook: 9 / 11 analysts rate FRME as buy (82%) — strong consensus.
SharesGrow 7-Criteria breakdown: Value 88/100 (Pass), Growth 63/100 (Pass), Past 100/100 (Pass), Health 33/100 (Fail), Moat 59/100 (Partial), Future 88/100 (Pass), Income 85/100 (Pass).
