Latest news with #FirstMerchants
Yahoo
6 days ago
- Business
- Yahoo
First Merchants Second Quarter 2025 Earnings: EPS Beats Expectations, Revenues Lag
First Merchants (NASDAQ:FRME) Second Quarter 2025 Results Key Financial Results Revenue: US$158.7m (up 17% from 2Q 2024). Net income: US$56.4m (up 43% from 2Q 2024). Profit margin: 36% (up from 29% in 2Q 2024). The increase in margin was driven by higher revenue. EPS: US$0.98 (up from US$0.68 in 2Q 2024). AI is about to change healthcare. These 20 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10bn in marketcap - there is still time to get in early. All figures shown in the chart above are for the trailing 12 month (TTM) period First Merchants EPS Beats Expectations, Revenues Fall Short Revenue missed analyst estimates by 1.1%. Earnings per share (EPS) exceeded analyst estimates by 3.7%. Looking ahead, revenue is forecast to grow 6.6% p.a. on average during the next 2 years, compared to a 7.6% growth forecast for the Banks industry in the US. Performance of the American Banks industry. The company's shares are down 6.8% from a week ago. Risk Analysis Before we wrap up, we've discovered 1 warning sign for First Merchants that you should be aware of. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Yahoo
22-07-2025
- Business
- Yahoo
First Merchants Earnings: What To Look For From FRME
Regional banking company First Merchants (NASDAQ:FRME) will be announcing earnings results this Wednesday after market hours. Here's what you need to know. First Merchants beat analysts' revenue expectations by 1.1% last quarter, reporting revenues of $166.5 million, up 8.3% year on year. It was a slower quarter for the company, with a significant miss of analysts' net interest income estimates and EPS in line with analysts' estimates. Is First Merchants a buy or sell going into earnings? Read our full analysis here, it's free. This quarter, analysts are expecting First Merchants's revenue to grow 3.7% year on year to $165.8 million, a reversal from the 2.6% decrease it recorded in the same quarter last year. Adjusted earnings are expected to come in at $0.95 per share. Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. First Merchants has missed Wall Street's revenue estimates five times over the last two years. Looking at First Merchants's peers in the regional banks segment, some have already reported their Q2 results, giving us a hint as to what we can expect. Texas Capital Bank delivered year-on-year revenue growth of 15.2%, beating analysts' expectations by 2.7%, and Nicolet Bankshares reported revenues up 12.7%, topping estimates by 4.4%. Texas Capital Bank traded up 4.8% following the results while Nicolet Bankshares was also up 7.8%. Read our full analysis of Texas Capital Bank's results here and Nicolet Bankshares's results here. There has been positive sentiment among investors in the regional banks segment, with share prices up 7.8% on average over the last month. First Merchants is up 10.3% during the same time and is heading into earnings with an average analyst price target of $46 (compared to the current share price of $40.90). When a company has more cash than it knows what to do with, buying back its own shares can make a lot of sense–as long as the price is right. Luckily, we've found one, a low-priced stock that is gushing free cash flow AND buying back shares. Click here to claim your Special Free Report on a fallen angel growth story that is already recovering from a setback. StockStory is growing and hiring equity analyst and marketing roles. Are you a 0 to 1 builder passionate about the markets and AI? See the open roles here. Erreur lors de la récupération des données Connectez-vous pour accéder à votre portefeuille Erreur lors de la récupération des données Erreur lors de la récupération des données Erreur lors de la récupération des données Erreur lors de la récupération des données
Globe and Mail
15-07-2025
- Business
- Globe and Mail
First Merchants Corporation Announces Cash Dividend on Its Preferred Stock
MUNCIE, Ind., July 15, 2025 (GLOBE NEWSWIRE) -- First Merchants Corporation has declared a quarterly cash dividend of $46.88 per share on its 7.50% Non-Cumulative Perpetual Preferred Stock Series A, represented by depositary shares (NASDAQ: FRMEP) each representing a 1/100th interest in a share of the Series A preferred stock. Holders of depositary shares will receive $0.4688 per depositary share. The dividend will be payable on August 15, 2025, to stockholders of record on July 30, 2025. About First Merchants Corporation: First Merchants Corporation is a financial holding company headquartered in Muncie, Indiana. The Corporation has one full-service bank charter, First Merchants Bank. The Bank also operates as First Merchants Private Wealth Advisors (as a division of First Merchants Bank). First Merchants Corporation's common stock is traded on the NASDAQ Global Select Market System under the symbol FRME. Depositary shares representing a 1/100th interest in a share of First Merchants Corporation's 7.50% Non-Cumulative Perpetual Preferred Stock, Series A are traded on the NASDAQ Global Select Market System under the symbol FRMEP. Quotations are carried in daily newspapers and can be found on the company's Internet web page ( FIRST MERCHANTS and the Shield Logo are federally registered trademarks of First Merchants Corporation. For more information, contact: Nicole M. Weaver, First Vice President and Director of Corporate Administration 765-521-7619
Yahoo
19-06-2025
- Business
- Yahoo
3 Reasons FRME is Risky and 1 Stock to Buy Instead
Over the past six months, First Merchants's stock price fell to $35.72. Shareholders have lost 11.5% of their capital, which is disappointing considering the S&P 500 has climbed by 1.9%. This was partly driven by its softer quarterly results and may have investors wondering how to approach the situation. Is there a buying opportunity in First Merchants, or does it present a risk to your portfolio? Get the full breakdown from our expert analysts, it's free. Despite the more favorable entry price, we don't have much confidence in First Merchants. Here are three reasons why FRME doesn't excite us and a stock we'd rather own. We at StockStory place the most emphasis on long-term growth, but within financials, a stretched historical view may miss recent interest rate changes, market returns, and industry trends. First Merchants's recent performance marks a sharp pivot from its five-year trend as its revenue has shown annualized declines of 2% over the last two years. Net interest margin represents how much a bank earns in relation to its outstanding loans. It's one of the most important metrics to track because it shows how a bank's loans are performing and whether it has the ability to command higher premiums for its services. Over the past two years, First Merchants's net interest margin averaged 3.2%. Its margin also contracted by 26.7 basis points (100 basis points = 1 percentage point) over that period. This decline was a headwind for its net interest income. While prevailing rates are a major determinant of net interest margin changes over time, the decline could mean First Merchants either faced competition for loans and deposits or experienced a negative mix shift in its balance sheet composition. Analyzing the long-term change in earnings per share (EPS) shows whether a company's incremental sales were profitable – for example, revenue could be inflated through excessive spending on advertising and promotions. First Merchants's EPS grew at an unimpressive 1.9% compounded annual growth rate over the last five years, lower than its 7% annualized revenue growth. This tells us the company became less profitable on a per-share basis as it expanded. First Merchants isn't a terrible business, but it doesn't pass our bar. Following the recent decline, the stock trades at 0.8× forward P/B (or $35.72 per share). Beauty is in the eye of the beholder, but we don't really see a big opportunity at the moment. We're pretty confident there are more exciting stocks to buy at the moment. We'd suggest looking at a fast-growing restaurant franchise with an A+ ranch dressing sauce. Market indices reached historic highs following Donald Trump's presidential victory in November 2024, but the outlook for 2025 is clouded by new trade policies that could impact business confidence and growth. While this has caused many investors to adopt a "fearful" wait-and-see approach, we're leaning into our best ideas that can grow regardless of the political or macroeconomic climate. Take advantage of Mr. Market by checking out our Top 5 Growth Stocks for this month. This is a curated list of our High Quality stocks that have generated a market-beating return of 183% over the last five years (as of March 31st 2025). Stocks that made our list in 2020 include now familiar names such as Nvidia (+1,545% between March 2020 and March 2025) as well as under-the-radar businesses like the once-micro-cap company Kadant (+351% five-year return). Find your next big winner with StockStory today.
Yahoo
25-05-2025
- Business
- Yahoo
Why First Merchants, Terreno Realty, And Evergy Are Winners For Passive Income
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Companies with a long history of paying dividends and consistently hiking them remain appealing to income-focused investors. First Merchants, Terreno Realty, and Evergy have rewarded shareholders for years and recently announced dividend increases. These companies currently offer dividend yields of over 3%. First Merchants Corp. (NASDAQ:FRME) operates as the financial holding company for First Merchants Bank that provides community banking services. Don't Miss: Hasbro, MGM, and Skechers trust this AI marketing firm — Deloitte's fastest-growing software company partners with Amazon, Walmart & Target – The company has increased its dividends every year for the last 13 years. In its most recent dividend announcement on May 16, the company's board raised the quarterly payout from $0.35 to $0.36 per share, equal to an annual figure of $1.44 per share. The current dividend yield is 3.66%. First Merchants' annual revenue as of March 31 stood at $633.33 million. In its Q1 2025 earnings release on April 24, the company posted revenues of $160.32 million, missing the consensus estimate of $170.91 million, while EPS of $0.94 came in above the consensus of $0.91. Check out this article by Benzinga for six analysts' insights on First Merchants. Trending: Maker of the $60,000 foldable home has 3 factory buildings, 600+ houses built, and big plans to solve housing — Terreno Realty Corp. (NYSE:TRNO) acquires, owns and operates industrial real estate in six major coastal U.S. markets: Los Angeles, Northern New Jersey/New York City, San Francisco Bay Area, Seattle, Miami and Washington, D.C. The company has increased its dividends consecutively for the last 13 years. In its most recent dividend hike announcement on Aug. 7, it raised the quarterly payout by 8.9% to $0.49 per share, which is equal to an annual figure of $1.96 per share. More recently, in its dividend announcement on May 7, the company maintained the payout at the same level. Currently, the dividend yield on the stock is 3.35%. Terreno Realty's annual revenue as of March 31 stood at $408.01 million. According to the company's Q1 2025 earnings announcement on May 7, it generated revenues of $110.42 million, above the consensus estimate of $109.03 million, while EPS of $0.62 missed the consensus of $ Inc. (NASDAQ:EVRG) engages in the generation, transmission, distribution, and sale of electricity in the U.S. Evergy has increased its dividends every year for the last seven years. In its most recent dividend hike announcement on Nov. 7, its board raised the quarterly payout by 4% to $0.6675 per share, equaling an annual figure of $2.67 per share. More recently, in its dividend announcement on May 8, the company maintained the payout at the same level. The current dividend yield is 3.98%. Evergy's annual revenue as of March 31 stood at $5.89 billion. As per its most recent earnings release on May 8, it posted Q1 2025 revenues of $1.38 billion, above the consensus estimate of $1.02 billion, while EPS of $0.54 missed the consensus of $0.67. First Merchants, Terreno Realty, and Evergy are good choices for investors seeking reliable passive income. Their dividend yields of over 3% and long history of consistent hikes make them attractive to income-focused investors. Check out this article by Benzinga for three more stocks offering high dividend yields. Read Next: Invest Where It Hurts — And Help Millions Heal: 'Scrolling To UBI' — Deloitte's #1 fastest-growing software company allows users to earn money on their phones. Image: Shutterstock Send To MSN: 0 This article Why First Merchants, Terreno Realty, And Evergy Are Winners For Passive Income originally appeared on
