FIRST MERCHANTS CORP (FRMEP)

First Merchants Corp. (Indiana) is a bank holding company, which engages in the provision of financial services. It also offers personal banking, business banking, mortgage lending, treasury management services, and wealth management. The company was founded in September 1982 and is headquartered in Muncie, IN.

Address

200 E JACKSON ST
MUNCIE, IN 47308-0792

Founded

1982

Number of Employees

2,162

Buyback

Buyback Data 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 Average
$ Amount Purchased
($ in 000s)
$1,060 $1,636 $840 $1,258 $1,902 - $56,888 $27,056 $1,633 $1,290 $50,014 $14,358
Average Price $20.98 $23.65 $22.27 $40.00 $42.92 - $33.98 $39.55 $41.17 $31.92 $33.72 $34.56
# Shares Purchased 50,508 69,165 37,721 31,441 44,316 - 1,674,194 684,126 39,662 40,400 1,483,237 415,477
Buyback Performance 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 Average
Total Return to Date 71.6% 52.2% 61.7% -10.0% -16.1% - 5.9% -9.0% -12.6% 12.8% 6.8% 4.2%
S&P 500 Return to Date 181.9% 173.0% 168.6% 129.7% 104.9% - 74.8% 31.7% 37.3% 31.3% 7.4% 94.0%
Excess Total Return -110.3% -120.7% -106.9% -139.7% -121.0% - -68.9% -40.6% -49.8% -18.6% -0.6% -89.9%
Quartile Rank
Percentile Rank 53% 48% 51% 33% 28% - 32% 38% 34% 53% 55% 45%
Buyback returns calculated using weighted average buyback price over the last 10 years and comparing to current day stock price value. S&P 500 used as benchmark for excess return.

Insider Transactions

Filters

Keyboard Shortcuts: Show (a) | Close (Esc)