First Merchants Corporation
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. 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 128 banking locations in thirty Indiana, two Illinois, two Ohio, and two Michigan counties. The company offers its services through electronic and mobile delivery channels. First Merchants Corporation was founded in 1893 and is headquartered in Muncie, Indiana. Show More...
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Website http://www.firstmerchants.com
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Sector Financial Services
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Industry Banks-Regional
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Last Quote 37.70 USD
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Last Updated 30-05-2025
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External Links Yahoo Finance Morningstar Ratios
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Interest Coverage
The interest coverage ratio is a debt ratio and profitability ratio used to determine how easily a company can pay interest on its outstanding debt.
Reference: Investopedia -
2010-12 2011-12 2012-12 2013-12 2014-12 2015-12 2016-12 2017-12 2018-12 2019-12 TTM Earnings Per Share USD 0.48 0.34 1.41 1.41 1.65 1.72 1.98 2.12 3.22 3.19 3.03 Dividends USD 0.04 0.04 0.1 0.21 0.29 0.41 0.54 0.69 0.84 1.0 1.04 Payout Ratio % * 8.3 20.0 7.1 13.7 16.5 21.5 27.8 30.3 27.9 30.3 34.3 Shares Mil 25.0 27.0 29.0 30.0 37.0 38.0 41.0 45.0 49.0 52.0 53.0 Book Value Per Share * USD 15.11 14.76 16.08 13.34 18.17 18.86 22.02 26.1 27.58 31.59 32.85 Free Cash Flow Per Share * USD 3.29 3.38 2.44 3.08 4.77 2.05 2.12 2.43 3.71 3.61 Return on Assets % 0.27 0.22 0.96 0.87 1.07 1.04 1.16 1.16 1.65 1.47 1.4 Financial Leverage (Average) 10.79 9.85 9.33 8.57 8.01 7.95 8.0 7.19 7.02 6.97 7.14 Return on Equity % 3.18 2.23 9.17 7.69 8.84 8.29 9.25 8.71 11.74 10.3 9.89 Return on Invested Capital % Interest Coverage Current Ratio Quick Ratio Debt/Equity 0.8 0.79 0.45 0.39 0.37 0.43 0.47 0.42 0.32 0.27 0.34