FRME - First Merchants Corp Stock Price, Fair Value and News

33.76USD-0.31 (-0.91%)Delayed as of 22 Apr 2024, 11:04 am ET

Market Summary

USD33.76-0.31

Delayedas of 22 Apr 2024, 11:04 am

-0.91%

FRME Alerts

1 major insider buys recently.

FRME Stock Price

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FRME RSI Chart

FRME Valuation

Market Cap

2.0B

Price/Earnings (Trailing)

9.03

Price/Sales (Trailing)

2.26

EV/EBITDA

2.34

Price/Free Cashflow

7.81

FRME Price/Sales (Trailing)

FRME Profitability

EBT Margin

29.00%

Return on Equity

9.96%

Return on Assets

1.22%

Free Cashflow Yield

12.8%

FRME Fundamentals

FRME Revenue

Revenue (TTM)

893.9M

Rev. Growth (Yr)

24.09%

Rev. Growth (Qtr)

3.43%

FRME Earnings

Earnings (TTM)

223.8M

Earnings Growth (Yr)

-39.97%

Earnings Growth (Qtr)

-24.64%

Breaking Down FRME Revenue

52 Week Range

24.5234.05

(Low)(High)

Last 7 days

2.9%

Last 30 days

-0.2%

Last 90 days

-3.9%

Trailing 12 Months

12.4%

How does FRME drawdown profile look like?

FRME Financial Health

Debt/Equity

0.3

Debt/Cashflow

0.38

FRME Investor Care

Dividend Yield

3.93%

Dividend/Share (TTM)

1.34

Buy Backs (1Y)

0.50%

Diluted EPS (TTM)

3.73

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2023	701.9M	782.1M	847.9M	893.9M
2022	446.4M	474.2M	524.0M	605.0M
2021	438.5M	442.5M	449.9M	446.6M
2020	476.4M	473.0M	461.1M	448.5M
2019	423.1M	434.9M	448.2M	465.4M
2018	340.3M	369.7M	389.6M	407.9M
2017	260.3M	269.1M	289.6M	314.9M
2016	176.1M	237.0M	244.8M	253.3M
2015	160.2M	110.5M	113.7M	117.2M
2014	178.1M	189.0M	201.5M	208.9M
2013	176.2M	172.7M	168.1M	170.8M
2012	178.3M	176.8M	177.1M	175.9M
2011	194.2M	189.5M	185.1M	181.2M
2010	0	220.2M	209.9M	199.6M
2009	0	0	0	230.4M

Get all data in R, Python etc through our Historical Stock Data APIs

GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index

Very Expensive Stocks

Very Cheap Stocks

Try For Just $1.99

Tracking the Latest Insider Buys and Sells of First Merchants Corp

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Apr 09, 2024	schalliol charles e	acquired	32,475	21.65	1,500	-
Apr 09, 2024	becher michael r	acquired	32,475	21.65	1,500	-
Mar 31, 2024	fehring patrick j.	acquired	22,650	34.9	649	-
Mar 31, 2024	fisher michael j	acquired	21,847	34.9	626	-
Mar 31, 2024	johnson kevin d	acquired	21,847	34.9	626	-
Mar 31, 2024	kellogg clark c	acquired	22,650	34.9	649	-
Mar 31, 2024	lehman gary	acquired	21,847	34.9	626	-
Mar 31, 2024	chiang mung	acquired	22,650	34.9	649	-
Mar 31, 2024	becher michael r	acquired	24,185	34.9	693	-
Mar 31, 2024	halderman howard	acquired	23,417	34.9	671	-

Which funds bought or sold FRME recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 18, 2024	Phocas Financial Corp.	unchanged	-	-9,880,110	9,890	0.04%
Apr 18, 2024	Integrated Investment Consultants, LLC	reduced	-5.17	-51,343	426,618	0.12%
Apr 18, 2024	SJS Investment Consulting Inc.	unchanged	-	-29.00	454	-%
Apr 18, 2024	Capital Advisors, Ltd. LLC	unchanged	-	-	-	-%
Apr 17, 2024	Cranbrook Wealth Management, LLC	added	1,533	373,646	399,640	0.10%
Apr 17, 2024	Hennion & Walsh Asset Management, Inc.	new	-	229,328	229,328	0.01%
Apr 16, 2024	Indiana Trust & Investment Management CO	unchanged	-	-1,966	31,480	0.01%
Apr 16, 2024	VOISARD ASSET MANAGEMENT GROUP, INC.	reduced	-26.99	-9,756	21,429	0.01%
Apr 16, 2024	NORRIS PERNE & FRENCH LLP/MI	unchanged	-	-16,446	263,286	0.02%
Apr 16, 2024	OneAscent Financial Services LLC	reduced	-0.03	-282,000	4,488,000	0.50%

Are Funds Buying or Selling FRME?

Are funds buying FRME calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own FRME

No. of Funds

FRME Alerts

1 major insider buys recently.

Unveiling First Merchants Corp's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 13, 2024	vanguard group inc	10.98%	6,571,539	SC 13G/A
Feb 09, 2024	dimensional fund advisors lp	5.1%	3,074,411	SC 13G
Jan 25, 2024	blackrock inc.	8.6%	5,176,638	SC 13G/A
Jul 10, 2023	earnest partners llc	4.8%	2,836,160	SC 13G/A
Feb 10, 2023	earnest partners llc	5.2%	3,080,102	SC 13G/A
Feb 09, 2023	vanguard group inc	10.79%	6,426,077	SC 13G/A
Feb 01, 2023	blackrock inc.	6.9%	4,127,631	SC 13G/A
Mar 10, 2022	earnest partners llc	5.0%	2,702,720	SC 13G/A
Feb 14, 2022	earnest partners llc	5.2%	2,783,471	SC 13G/A
Feb 10, 2022	vanguard group inc	9.80%	5,282,106	SC 13G/A

Recent SEC filings of First Merchants Corp

View All Filings

Date Filed	Form Type	Document
Apr 15, 2024	8-K	Current Report
Apr 11, 2024	4	Insider Trading
Apr 11, 2024	4	Insider Trading
Apr 02, 2024	4	Insider Trading
Apr 02, 2024	4	Insider Trading
Apr 02, 2024	4	Insider Trading
Apr 02, 2024	4	Insider Trading
Apr 02, 2024	4	Insider Trading
Apr 02, 2024	4	Insider Trading
Apr 02, 2024	4	Insider Trading

Peers (Alternatives to First Merchants Corp)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
JPM	535.2B	171.1B	-5.35%	31.97%	10.8	3.13	60.72%	31.52%
BAC	291.1B	130.3B	0.60%	23.65%	10.98	2.23	79.51%	-3.68%
WFC	216.0B	85.7B	5.36%	44.88%	11.28	2.52	41.49%	39.96%
C	113.1B	133.3B	-1.61%	19.76%	12.25	0.85	79.09%	-
CFG	15.6B	10.2B	-2.44%	16.96%	9.7	1.53	44.53%	-22.43%
KEY	13.7B	7.9B	-2.66%	21.59%	14.14	1.72	46.47%	-49.56%
MID-CAP
CMA	6.8B	4.2B	-0.35%	12.62%	7.76	1.64	56.25%	-23.46%
ZION	5.9B	3.9B	-3.44%	28.21%	8.69	1.5	45.91%	-25.03%
ABCB	3.2B	1.3B	-2.65%	33.98%	11.87	2.5	43.24%	-22.35%
ASB	3.1B	2.0B	-1.20%	13.72%	16.97	1.59	70.97%	-50.03%
SMALL-CAP
AMNB	497.6M	120.2M	6.68%	49.76%	19.02	4.14	45.65%	-13.98%
ALRS	409.6M	164.9M	-5.29%	32.50%	35.02	2.48	42.66%	-70.76%
AROW	377.2M	162.6M	-6.69%	-0.22%	12.54	2.32	25.39%	-38.37%
ACNB	276.3M	96.6M	-11.56%	-1.79%	8.72	2.86	11.02%	-11.37%
ASRV	47.0M	60.9M	2.66%	-13.74%	-14.04	0.77	24.06%	-144.92%

First Merchants Corp News

Latest updates

First Merchants Corp Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Revenue	3.4%	237	229	221	206	191	163	141	110	110	114	113	110	113	106	109	120	126	118	113	109	109
EBITDA Margin	-11.2%	0.91*	1.03*	1.13*	1.21*	1.30*	1.36*	1.40*	1.48*	1.48*	1.47*	1.42*	1.35*	-	-	-	-	-	-	-	-	-
Interest Expenses	-2.5%	130	133	138	144	149	140	129	102	101	105	104	100	102	93.00	93.00	94.00	98.00	89.00	85.00	85.00	88.00
Income Taxes	-50.9%	4.00	9.00	11.00	11.00	13.00	10.00	4.00	7.00	7.00	9.00	10.00	9.00	8.00	6.00	5.00	3.00	8.00	6.00	8.00	7.00	6.00
Earnings Before Taxes	-28.2%	47.00	65.00	72.00	75.00	83.00	74.00	43.00	56.00	55.00	62.00	66.00	58.00	53.00	42.00	38.00	38.00	56.00	43.00	49.00	46.00	48.00
EBT Margin	-16.9%	0.29*	0.35*	0.39*	0.39*	0.42*	0.43*	0.45*	0.53*	0.54*	0.53*	0.49*	0.43*	-	-	-	-	-	-	-	-	-
Net Income	-24.6%	42.00	56.00	61.00	64.00	71.00	64.00	39.00	49.00	51.00	53.00	56.00	49.00	45.00	36.00	33.00	34.00	48.00	37.00	41.00	39.00	42.00
Net Income Margin	-15.8%	0.25*	0.30*	0.33*	0.34*	0.37*	0.39*	0.40*	0.47*	0.47*	0.45*	0.42*	0.37*	-	-	-	-	-	-	-	-	-
Free Cashflow	46.1%	86.00	59.00	36.00	78.00	123	50.00	45.00	50.00	46.00	66.00	42.00	53.00	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Assets	2.3%	18,406	17,997	17,968	18,179	18,002	17,719	17,780	15,465	15,453	15,061	14,923	14,629	14,067	13,737	13,819	12,694	12,457	12,325	10,738	10,211	9,885
Cash Equivalents	-10.0%	113	125	109	126	123	120	213	148	167	169	168	188	193	165	230	128	177	202	128	116	139
Net PPE	1.1%	134	132	114	116	117	116	118	106	106	105	104	109	111	113	113	114	113	113	92.00	92.00	93.00
Goodwill	0.0%	712	712	712	712	712	713	713	167	545	545	545	1.00	544	544	544	544	544	543	445	445	445
Liabilities	1.6%	16,158	15,904	15,823	16,056	15,967	15,812	15,803	13,658	13,541	13,193	13,051	12,823	12,192	11,904	12,010	10,916	10,671	10,576	9,236	8,755	8,476
Long Term Debt	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	685	793	615	671
Shareholder's Equity	7.4%	2,248	2,093	2,146	2,122	2,035	1,907	1,978	1,808	1,913	1,868	1,872	1,806	1,876	1,834	1,809	1,778	1,786	1,749	1,502	1,456	1,408
Retained Earnings	1.9%	1,155	1,133	1,097	1,057	1,013	962	917	898	865	833	796	756	789	758	735	717	697	663	639	611	583
Additional Paid-In Capital	0.2%	1,237	1,234	1,234	1,232	1,229	1,227	1,226	987	986	989	1,009	1,007	1,005	1,004	1,003	1,001	1,055	1,053	841	840	840
Shares Outstanding	0.0%	59.00	59.00	59.00	59.00	59.00	59.00	59.00	53.00	53.00	54.00	54.00	54.00	-	-	-	-	-	-	-	-	-
Float	-	-	-	1,674	-	-	-	2,104	-	-	-	2,249	-	-	-	1,483	-	-	-	1,874	-	-

Cashflow (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Cashflow (Quarterly)																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Cashflow From Operations	46.1%	86.00	59.00	36.00	78.00	140	50.00	45.00	50.00	54.00	66.00	42.00	53.00	60.00	30.00	43.00	71.00	40.00	54.00	31.00	52.00	44.00
Share Based Compensation	0.4%	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00
Cashflow From Investing	-201.5%	-257	-85.44	216	-217	-205	-125	59.00	-190	-418	-210	-235	-613	-372	60.00	-1,050	-189	-175	-74.05	-455	-300	-97.13
Cashflow From Financing	272.6%	159	43.00	-268	143	69.00	-16.91	-39.12	121	362	146	173	555	341	-154	1,109	68.00	110	95.00	437	226	50.00
Dividend Payments	0.1%	20.00	20.00	20.00	19.00	19.00	19.00	19.00	16.00	16.00	16.00	16.00	14.00	14.00	14.00	14.00	14.00	14.00	13.00	13.00	11.00	11.00
Buy Backs	-	-	-	-	-	-	-	-	-	5.00	21.00	-	-	-	-	-	56.00	-	19.00	-	-	-

FRME Income Statement

2023-12-31

CONSOLIDATED STATEMENTS OF INCOME - USD ($) $ in Thousands	12 Months Ended
CONSOLIDATED STATEMENTS OF INCOME - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Loans receivable:
Taxable	$ 747,837	$ 470,468	$ 338,009
Tax-exempt	31,954	25,124	22,110
Investment securities:
Taxable	35,207	38,354	29,951
Tax-exempt	58,117	67,381	55,331
Deposits with financial institutions	17,719	2,503	634
Federal Home Loan Bank stock	3,052	1,176	597
Total Interest Income	893,886	605,006	446,632
INTEREST EXPENSE
Deposits	306,092	62,939	23,319
Federal funds purchased	1,421	1,302	5
Securities sold under repurchase agreements	3,451	1,136	314
Federal Home Loan Bank advances	27,206	11,417	5,672
Subordinated debentures and other borrowings	10,316	8,009	6,642
Total Interest Expense	348,486	84,803	35,952
NET INTEREST INCOME	545,400	520,203	410,680
Provision for credit losses	3,500	16,755	0
NET INTEREST INCOME AFTER PROVISION FOR CREDIT LOSSES	541,900	503,448	410,680
NONINTEREST INCOME
Net gains and fees on sales of loans	15,659	10,055	19,689
Increase in cash surrender value of life insurance	5,320	5,210	4,873
Gains on life insurance benefits	3,027	5,964	2,187
Net realized gains (losses) on sales of available for sale securities	(6,930)	1,194	5,674
Other income	2,722	1,929	3,008
Total Noninterest Income	105,602	107,941	109,323
NONINTEREST EXPENSES
Salaries and employee benefits	228,745	206,893	166,995
Net occupancy	29,859	26,211	23,326
Equipment	24,113	23,945	19,401
Marketing	7,427	7,708	5,762
Outside data processing fees	25,165	21,682	18,317
Printing and office supplies	1,552	1,588	1,217
Intangible asset amortization	8,743	8,275	5,747
FDIC assessments	14,674	10,235	6,243
Other real estate owned and foreclosure expenses	3,318	823	992
Professional and other outside services	16,172	21,642	11,913
Other expenses	28,502	26,713	19,300
Total Noninterest Expenses	388,270	355,715	279,213
INCOME BEFORE INCOME TAX	259,232	255,674	240,790
Income tax expense	35,446	33,585	35,259
NET INCOME	223,786	222,089	205,531
Preferred stock dividends	1,875	1,406	0
NET INCOME AVAILABLE TO COMMON STOCKHOLDERS	$ 221,911	$ 220,683	$ 205,531
NET INCOME AVAILABLE TO COMMON STOCKHOLDERS PER SHARE DATA:
Basic (in dollars per share)	$ 3.74	$ 3.83	$ 3.82
Diluted (in dollars per share)	$ 3.73	$ 3.81	$ 3.81
Service charges on deposit accounts
NONINTEREST INCOME
Other income	$ 30,837	$ 28,371	$ 23,571
Fiduciary and wealth management fees
NONINTEREST INCOME
Other income	30,840	29,688	28,362
Card payment fees
NONINTEREST INCOME
Other income	18,862	20,207	16,619
Derivative hedge fees
NONINTEREST INCOME
Other income	3,385	3,388	3,850
Other customer fees
NONINTEREST INCOME
Other income	$ 1,880	$ 1,935	$ 1,490

FRME Balance Sheet

2023-12-31

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
ASSETS
Cash and due from banks	$ 112,649	$ 122,594
Interest-bearing deposits	436,080	126,061
Investment securities available for sale	1,627,112	1,976,661
Investment securities held to maturity, net of allowance for credit losses of $245 and $245 (fair value of $1,870,374 and $1,907,865)	2,184,252	2,287,127
Loans held for sale	18,934	9,094
Loans	12,486,027	12,003,894
Less: Allowance for credit losses - loans	(204,934)	(223,277)
Net loans	12,281,093	11,780,617
Premises and equipment	133,896	117,118
Federal Home Loan Bank stock	41,769	38,525
Interest receivable	97,664	85,070
Other intangibles	27,099	35,842
Goodwill	712,002	712,002
Cash surrender value of life insurance	306,301	308,311
Other real estate owned	4,831	6,431
Tax asset, deferred and receivable	99,883	111,222
Other assets	322,322	285,524
TOTAL ASSETS	18,405,887	18,002,199
Deposits:
Noninterest-bearing	2,500,062	3,173,417
Interest-bearing	12,321,391	11,209,328
Total deposits	14,821,453	14,382,745
Borrowings:
Federal funds purchased	0	171,560
Securities sold under repurchase agreements	157,280	167,413
Federal Home Loan Bank advances	712,852	823,674
Subordinated debentures and other borrowings	158,644	151,298
Total Borrowings	1,028,776	1,313,945
Interest payable	18,912	7,530
Other liabilities	289,033	263,209
Total Liabilities	16,158,174	15,967,429
COMMITMENTS AND CONTINGENT LIABILITIES
STOCKHOLDERS' EQUITY
Common Stock, $0.125 stated value: Authorized - 100,000,000 shares Issued and outstanding - 59,424,122 and 59,170,583 shares	7,428	7,396
Additional paid-in capital	1,236,506	1,228,626
Retained earnings	1,154,624	1,012,774
Accumulated other comprehensive loss	(175,970)	(239,151)
Total Stockholders' Equity	2,247,713	2,034,770
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	18,405,887	18,002,199
Cumulative Preferred Stock
STOCKHOLDERS' EQUITY
Preferred stock value	125	125
Series A Preferred Stock
STOCKHOLDERS' EQUITY
Preferred stock value	$ 25,000	$ 25,000

About First Merchants Corp

First Merchants Corporation operates as the financial holding company for First Merchants Bank that provides community banking services. The company accepts time, savings, and demand deposits; and provides consumer, commercial, agri-business, public finance, and real estate mortgage loans. It also offers personal and corporate trust; brokerage and private wealth management; and letters of credit, repurchase agreements, and other corporate services. The company operates banking locations in Indiana, Illinois, Ohio, and Michigan counties. It also offers its services through electronic and mobile delivery channels. The company was founded in 1893 and is headquartered in Muncie, Indiana.

CEO	Mr. Mark K. Hardwick
WEBSITE	firstmerchants.com
INDUSTRY	Banks Diversified
EMPLOYEES	2124

First Merchants Corp Frequently Asked Questions

What is the ticker symbol for First Merchants Corp? What does FRME stand for in stocks?

FRME is the stock ticker symbol of First Merchants Corp. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of First Merchants Corp (FRME)?

As of Fri Apr 19 2024, market cap of First Merchants Corp is 2.02 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of FRME stock?

You can check FRME's fair value in chart for subscribers.

What is the fair value of FRME stock?

You can check FRME's fair value in chart for subscribers. The fair value of First Merchants Corp is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of First Merchants Corp is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for FRME so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is First Merchants Corp a good stock to buy?

The fair value guage provides a quick view whether FRME is over valued or under valued. Whether First Merchants Corp is cheap or expensive depends on the assumptions which impact First Merchants Corp's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for FRME.

What is First Merchants Corp's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri Apr 19 2024, FRME's PE ratio (Price to Earnings) is 9.03 and Price to Sales (PS) ratio is 2.26. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. FRME PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on First Merchants Corp's stock?

In the past 10 years, First Merchants Corp has provided 0.068 (multiply by 100 for percentage) rate of return.