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First Merchants (FRME) Competitors

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$35.53 +0.07 (+0.20%)
Closing price 04/17/2025 04:00 PM Eastern
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$35.53 0.00 (0.00%)
As of 04/17/2025 04:20 PM Eastern
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FRME vs. SSB, CBSH, WBS, WAL, CFR, PNFP, WTFC, ZION, UMBF, and PB

Should you be buying First Merchants stock or one of its competitors? The main competitors of First Merchants include SouthState (SSB), Commerce Bancshares (CBSH), Webster Financial (WBS), Western Alliance Bancorporation (WAL), Cullen/Frost Bankers (CFR), Pinnacle Financial Partners (PNFP), Wintrust Financial (WTFC), Zions Bancorporation, National Association (ZION), UMB Financial (UMBF), and Prosperity Bancshares (PB). These companies are all part of the "regional banks" industry.

First Merchants vs.

SouthState (NASDAQ:SSB) and First Merchants (NASDAQ:FRME) are both mid-cap finance companies, but which is the better investment? We will compare the two businesses based on the strength of their media sentiment, community ranking, profitability, valuation, institutional ownership, risk, dividends, earnings and analyst recommendations.

SouthState pays an annual dividend of $2.16 per share and has a dividend yield of 2.5%. First Merchants pays an annual dividend of $1.40 per share and has a dividend yield of 3.9%. SouthState pays out 31.0% of its earnings in the form of a dividend. First Merchants pays out 40.9% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. SouthState has raised its dividend for 13 consecutive years and First Merchants has raised its dividend for 13 consecutive years.

SouthState has higher revenue and earnings than First Merchants. First Merchants is trading at a lower price-to-earnings ratio than SouthState, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
SouthState$1.67B5.16$534.78M$6.9612.19
First Merchants$626.71M3.32$201.40M$3.4210.39

89.8% of SouthState shares are owned by institutional investors. Comparatively, 73.9% of First Merchants shares are owned by institutional investors. 1.7% of SouthState shares are owned by insiders. Comparatively, 1.4% of First Merchants shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company will outperform the market over the long term.

SouthState has a net margin of 22.38% compared to First Merchants' net margin of 18.76%. SouthState's return on equity of 9.62% beat First Merchants' return on equity.

Company Net Margins Return on Equity Return on Assets
SouthState22.38% 9.62% 1.21%
First Merchants 18.76%9.23%1.12%

SouthState currently has a consensus price target of $117.90, indicating a potential upside of 39.00%. First Merchants has a consensus price target of $48.20, indicating a potential upside of 35.66%. Given SouthState's stronger consensus rating and higher probable upside, research analysts clearly believe SouthState is more favorable than First Merchants.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
SouthState
0 Sell rating(s)
2 Hold rating(s)
7 Buy rating(s)
1 Strong Buy rating(s)
2.90
First Merchants
0 Sell rating(s)
1 Hold rating(s)
4 Buy rating(s)
0 Strong Buy rating(s)
2.80

SouthState received 141 more outperform votes than First Merchants when rated by MarketBeat users. Likewise, 61.81% of users gave SouthState an outperform vote while only 60.26% of users gave First Merchants an outperform vote.

CompanyUnderperformOutperform
SouthStateOutperform Votes
505
61.81%
Underperform Votes
312
38.19%
First MerchantsOutperform Votes
364
60.26%
Underperform Votes
240
39.74%

SouthState has a beta of 0.65, meaning that its share price is 35% less volatile than the S&P 500. Comparatively, First Merchants has a beta of 0.95, meaning that its share price is 5% less volatile than the S&P 500.

In the previous week, SouthState had 5 more articles in the media than First Merchants. MarketBeat recorded 11 mentions for SouthState and 6 mentions for First Merchants. SouthState's average media sentiment score of 1.04 beat First Merchants' score of 0.71 indicating that SouthState is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
SouthState
8 Very Positive mention(s)
0 Positive mention(s)
3 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
First Merchants
2 Very Positive mention(s)
0 Positive mention(s)
3 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Summary

SouthState beats First Merchants on 19 of the 21 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding {thisCompany.Symbol} and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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FRME vs. The Competition

MetricFirst MerchantsNational commercial banks IndustryFinance SectorNASDAQ Exchange
Market Cap$2.08B$20.62B$10.82B$7.35B
Dividend Yield4.10%3.88%5.98%4.31%
P/E Ratio10.3911.7921.6717.77
Price / Sales3.322.6225.4397.65
Price / Cash10.6911.1617.6134.64
Price / Book0.951.092.563.98
Net Income$201.40M$2.17B$1.03B$247.44M
7 Day Performance4.10%3.96%1.87%1.82%
1 Month Performance-12.51%-4.29%-3.71%-6.98%
1 Year Performance7.93%15.71%535.22%1.49%

First Merchants Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
FRME
First Merchants
4.8605 of 5 stars
$35.53
+0.2%
$48.20
+35.7%
+9.4%$2.08B$626.71M10.392,120Upcoming Earnings
Short Interest ↑
SSB
SouthState
4.5256 of 5 stars
$82.02
+0.7%
$118.40
+44.4%
+11.6%$8.31B$1.67B11.785,030Upcoming Earnings
News Coverage
Positive News
High Trading Volume
CBSH
Commerce Bancshares
3.887 of 5 stars
$55.85
+0.8%
$66.83
+19.7%
+12.9%$7.49B$1.66B13.934,590Earnings Report
Analyst Forecast
News Coverage
WBS
Webster Financial
4.9964 of 5 stars
$42.37
+1.4%
$62.92
+48.5%
-0.7%$7.26B$2.58B9.693,240Upcoming Earnings
Gap Up
WAL
Western Alliance Bancorporation
4.9971 of 5 stars
$61.94
-0.3%
$98.07
+58.3%
+19.3%$6.84B$3.16B8.723,360Upcoming Earnings
Short Interest ↓
High Trading Volume
CFR
Cullen/Frost Bankers
4.6533 of 5 stars
$105.99
-0.9%
$132.57
+25.1%
+4.0%$6.81B$2.06B11.954,980News Coverage
Positive News
PNFP
Pinnacle Financial Partners
4.8514 of 5 stars
$87.46
+0.3%
$123.82
+41.6%
+21.4%$6.77B$1.52B14.633,240Earnings Report
Dividend Announcement
Analyst Upgrade
News Coverage
Positive News
High Trading Volume
WTFC
Wintrust Financial
4.8313 of 5 stars
$95.89
-0.4%
$133.69
+39.4%
+8.0%$6.40B$2.45B9.305,280Upcoming Earnings
News Coverage
Positive News
ZION
Zions Bancorporation, National Association
4.9463 of 5 stars
$42.65
+3.0%
$60.94
+42.9%
+12.5%$6.29B$3.13B8.629,990Upcoming Earnings
Short Interest ↓
Positive News
High Trading Volume
UMBF
UMB Financial
4.9506 of 5 stars
$86.61
-0.3%
$128.71
+48.6%
+14.9%$6.29B$1.47B9.633,770Analyst Forecast
Short Interest ↑
PB
Prosperity Bancshares
4.9921 of 5 stars
$63.97
-0.7%
$83.50
+30.5%
+10.7%$6.09B$1.15B12.643,630Upcoming Earnings
Dividend Announcement
Short Interest ↓
News Coverage

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This page (NASDAQ:FRME) was last updated on 4/18/2025 by MarketBeat.com Staff
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