First Merchants

First Merchants is a bank holding company for First Merchants Bank. The Bank also operates Lafayette Bank and Trust, and First Merchants Private Wealth Advisors. Through the Bank, First Merchants offers a range of financial services, including accepting time deposits, savings and demand deposits; making consumer, commercial and real estate mortgage loans; renting safe deposit facilities; providing personal and corporate trust services, and providing other corporate services, letters of credit and repurchase agreements.

Company Growth (employees)
Type
Public
HQ
Muncie, US
Founded
1982
Size (employees)
1,449 (est)
First Merchants was founded in 1982 and is headquartered in Muncie, US

First Merchants Office Locations

First Merchants has offices in Muncie, Fort Wayne, Greenfield, New Castle and in 40 other locations
Muncie, US (HQ)
200 E Jackson St
Anderson, US
33 Hst W 10th St
Brookston, US
103 N Prairie St
Fort Wayne, US
118 E Ludwig Rd
Lafayette, US
3901 IN-26
Wabash, US
1250 Cass St
Show all (60)

First Merchants Financials and Metrics

First Merchants Financials

First Merchants's revenue was reported to be $253.3 m in FY, 2016 which is a 15% increase from the previous period.
USD

Revenue (FY, 2016)

253.3 m

Revenue growth (FY, 2015 - FY, 2016), %

15%

Gross profit (FY, 2016)

226.5 m

Gross profit margin (FY, 2016), %

89%

Net income (FY, 2016)

81.1 m

EBIT (FY, 2016)

220.8 m

Market capitalization (23-Feb-2018)

2.1 b

Cash (31-Dec-2016)

127.9 m

EV

2.2 b
First Merchants's current market capitalization is $2.1 b.
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

170.8 m208.9 m221.2 m253.3 m

Revenue growth, %

22%6%15%

Cost of goods sold

24.8 m26.8 m

Gross profit

196.4 m226.5 m
USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

40.9 m33.1 m102.2 m127.9 m

Accounts Receivable

24.4 m26.2 m

Inventories

5.1 b

PP&E

14.7 m15.5 m97.6 m94.4 m
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

2.2 m2.4 m65.4 m81.1 m

Depreciation and Amortization

1.4 m1.3 m6.3 m7.2 m

Cash From Operating Activities

6 m3.3 m56.7 m106.9 m

Cash From Investing Activities

2.8 m(22.4 m)(340.4 m)(451.8 m)
USDY, 2016

EV/EBIT

10.1 x

EV/CFO

21 x

Revenue/Employee

165.7 k

Debt/Equity

0.3 x

Financial Leverage

8 x
Show all financial metrics

First Merchants Operating Metrics

First Merchants's Total Loans was reported to be $5.6 b in Q2, 2017
Show all operating metrics

First Merchants Market Value History

First Merchants's Web-traffic and Trends

First Merchants Online and Social Media Presence

First Merchants Company Life and Culture

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