First Merchants Corporation

With more than 100 banking locations throughout 27 Indiana counties as well as two in both Illinois and Ohio, we provide our customers with broad financial services delivered locally by bankers who are known and trusted in their communities. First Merchants Corporation is the 105th largest financial services company in the country, as well as the largest financial services holding company headquartered in Central Indiana. Bank divisions within the corporation include: First Merchants Bank Lafayette Bank & Trust First Merchants Private Wealth Advisors, one of the largest wealth management companies in Indiana. Together we offer consumer banking, mortgage banking, business banking, cash management services, and wealth management, and are focused on building deep, lifelong client relationships and providing maximum shareholder value. We are a team of associates who support and expect superior results from our company and ourselves. Accountability and execution is the foundation of our success. We provide an experience where customers can bank with their neighbors, realizing that our business begins and ends with people. Member FDIC, Equal Housing Lender. Investment Management solutions provided by First Merchants Private Wealth Advisors may not be FDIC insured, are not deposits of First Merchants Bank and may lose value. First Merchants and the shield logo are registered service marks of First Merchants Corporation.
Type
Public
HQ
Muncie, US
Size (employees)
1,449 (est)-5%
First Merchants Corporation is headquartered in Muncie, US

First Merchants Corporation Office Locations

First Merchants Corporation has offices in Muncie, Columbus, Carmel-by-the-Sea, New Castle and in 16 other locations
Muncie, US (HQ)
200 E Jackson St

First Merchants Corporation Metrics

First Merchants Corporation Financial Metrics

Revenue (2016)

$253.3 m

Revenue growth (2015-16), %

15%

Gross profit

$226.5 m

Gross profit margin (2016), %

89%

Net income (2016)

$81.1 m

Market capitalization (21-Mar-2017)

$1.6 b

Closing share price (21-Mar-2017)

$39.8

Cash (31-Dec-2016)

$127.9 m
First Merchants Corporation's current market capitalization is $1.6 b.
First Merchants Corporation's revenue was reported to be $253.3 m in FY, 2016 which is a 14.5% increase from the previous period.
FY, 2013FY, 2014FY, 2015FY, 2016

Revenue

$170.8 m$208.9 m$221.2 m$253.3 m

Revenue growth, %

22%6%15%

Cost of goods sold

$24.8 m$26.8 m

Gross profit

$196.4 m$226.5 m

Gross profit Margin, %

89%89%

EBIT

$196 m$220.8 m

EBIT margin, %

89%87%

Pre tax profit

$91 m$108.7 m

Net Income

$44.5 m$60.2 m$65.4 m$81.1 m
FY, 2013FY, 2014FY, 2015FY, 2016

Cash

$40.9 m$33.1 m$102.2 m$127.9 m

Accounts Receivable

$24.4 m$26.2 m

Inventories

PP&E

$14.7 m$15.5 m$97.6 m$94.4 m

Goodwill

$656 k$656 k$243.1 m$244 m

Total Assets

$458.6 m$472.8 m$6.8 b$7.2 b

Accounts Payable

$3.1 m$3.1 m

Common Stock

$5.1 m

Preferred Stock

Additional Paid-in Capital

$1.2 m$1.7 m$504.5 m$509 m

Retained Earnings

$36.7 m$38.8 m$342.1 m$401 m

Total Equity

$37.7 m$41.1 m$850.5 m$901.7 m

Financial Leverage

12.2 x11.5 x7.9 x8 x
FY, 2013FY, 2014FY, 2015FY, 2016

Net Income

$2.2 m$2.4 m$65.4 m$81.1 m

Depreciation and Amortization

$1.4 m$1.3 m$6.3 m$7.2 m

Accounts Receivable

Inventories

Accounts Payable

Cash From Operating Activities

$6 m$3.3 m$56.7 m$106.9 m

Cash From Investing Activities

$2.8 m($22.4 m)($340.4 m)($451.8 m)

Dividends Paid

($120 k)($210 k)

Interest Paid

$16.6 m$20.4 m$24.9 m$26.8 m

First Merchants Corporation Market Value History

First Merchants Corporation Job Categories

First Merchants Corporation Company Life

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