Is the price fair?
What FRME's price assumes
First Merchants Corporation trades at 12.3× earnings against 13.3× for the median Banks - Regional name, cheaper than its own group.
12.3
Trailing P/E · Banks - Regional median 13.3 · cheaper than the typical name in its group
- Price / sales
- 2.46
Price / sales · as of 2026-Q1
- Price / book
- 0.88
Price / book · as of 2026-Q1
Details›
- Price / book2026-Q1
- 0.88
- Financial Services median P/E375 names
- 14.1
- Banks - Regional median P/E142 names
- 13.3
- Market capitalisation
- $2.57B
| Method | Per share |
|---|---|
| Its own P/E history, lower quartile | $30.10 |
| Its own P/E history, median | $33.09 |
| Its own P/E history, upper quartile | $36.75 |
| 52-week range | $34.01 – $45.25 |
| Today | $41.67 |
Multiples from SEC filings and end-of-day closes; implied growth from a reverse discounted cash flow. Group medians across the names Ryufin tracks.
Banks - Regional
Ranks #103 of 138 by Smart Score