First Merchants Stock Net Asset

FRME Stock  USD 44.29  0.68  1.51%   
First Merchants fundamentals help investors to digest information that contributes to First Merchants' financial success or failures. It also enables traders to predict the movement of First Stock. The fundamental analysis module provides a way to measure First Merchants' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to First Merchants stock.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

First Merchants Company Net Asset Analysis

First Merchants' Net Asset is the current market value of a fund less its liabilities. In a nutshell, if the fund is liquidated or all of the assets is sold out, the net asset will be the amount that the shareholders would demand back from the fund.

Net Asset

 = 

Current Market Value

-

Current Liabilities

More About Net Asset | All Equity Analysis

Current First Merchants Net Asset

    
  18.41 B  
Most of First Merchants' fundamental indicators, such as Net Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, First Merchants is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

First Net Asset Driver Correlations

Understanding the fundamental principles of building solid financial models for First Merchants is extremely important. It helps to project a fair market value of First Stock properly, considering its historical fundamentals such as Net Asset. Since First Merchants' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of First Merchants' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of First Merchants' interrelated accounts and indicators.
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Net Asset is the value used in calculating NAV of a fund. NAV (or Net Asset Value) is computed once a day based on the formula that uses closing prices of all positions in the fund's portfolio.
Competition

First Total Assets

Total Assets

19.33 Billion

At present, First Merchants' Total Assets are projected to increase significantly based on the last few years of reporting.
Based on the recorded statements, First Merchants has a Net Asset of 18.41 B. This is much higher than that of the Banks sector and significantly higher than that of the Financials industry. The net asset for all United States stocks is notably lower than that of the firm.

First Net Asset Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses First Merchants' direct or indirect competition against its Net Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of First Merchants could also be used in its relative valuation, which is a method of valuing First Merchants by comparing valuation metrics of similar companies.
First Merchants is currently under evaluation in net asset category among its peers.

First Merchants Current Valuation Drivers

We derive many important indicators used in calculating different scores of First Merchants from analyzing First Merchants' financial statements. These drivers represent accounts that assess First Merchants' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of First Merchants' important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap2.1B2.0B2.3B2.4B2.2B2.3B
Enterprise Value2.3B1.9B2.1B3.1B3.0B3.1B

First Merchants ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, First Merchants' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to First Merchants' managers, analysts, and investors.
Environmental
Governance
Social

First Merchants Institutional Holders

Institutional Holdings refers to the ownership stake in First Merchants that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of First Merchants' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing First Merchants' value.
Shares
Nuveen Asset Management, Llc2024-06-30
764.1 K
Charles Schwab Investment Management Inc2024-09-30
722.1 K
Boston Partners Global Investors, Inc2024-09-30
721.5 K
Jpmorgan Chase & Co2024-06-30
705.3 K
Public Employees Retirt Assn Of Colorado2024-06-30
695.8 K
Pl Capital Advisors, Llc2024-09-30
686.3 K
Systematic Financial Management Lp2024-09-30
682.7 K
Northern Trust Corp2024-09-30
641.1 K
First Merchants Corp2024-09-30
562.7 K
Vanguard Group Inc2024-09-30
6.2 M
Blackrock Inc2024-06-30
4.8 M

First Fundamentals

About First Merchants Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze First Merchants's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of First Merchants using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of First Merchants based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether First Merchants is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if First Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about First Merchants Stock. Highlighted below are key reports to facilitate an investment decision about First Merchants Stock:
Check out First Merchants Piotroski F Score and First Merchants Altman Z Score analysis.
For information on how to trade First Stock refer to our How to Trade First Stock guide.
You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of First Merchants. If investors know First will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about First Merchants listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.11)
Dividend Share
1.38
Earnings Share
3.01
Revenue Per Share
10.11
Quarterly Revenue Growth
(0.05)
The market value of First Merchants is measured differently than its book value, which is the value of First that is recorded on the company's balance sheet. Investors also form their own opinion of First Merchants' value that differs from its market value or its book value, called intrinsic value, which is First Merchants' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because First Merchants' market value can be influenced by many factors that don't directly affect First Merchants' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between First Merchants' value and its price as these two are different measures arrived at by different means. Investors typically determine if First Merchants is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, First Merchants' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.