FIRST MERCHANTS CORP (FRMEP)

National Commercial Banks · Financial Services · $4.9B

fair
Intrinsic Value (Consensus)
$72.27
Current Price
$77.60
Margin of Safety
-6.9%
6.9% Above Intrinsic Value
Value: $72
Price: $78

Valuation Model Estimates

Current Price: $77.60
DCF (Discounted Cash Flow)
$115.11
Graham Number
$58.69
Earnings Power Value
$37.67
Relative Value (P/E)
$77.60
Dividend Discount Model
Not applicable
Consensus Value
$72.27

Model Assumptions

Discount Rate
10.3%
Growth Rate
13.8%
Terminal Growth
2.5%
Risk-Free Rate
4.3%

Discount rate derived from CAPM (risk-free rate + beta × market risk premium). Growth rate based on trailing earnings growth, capped at 20%.

Key Financials

EPS (TTM)
$3.88
EPS (Forward)
$4.41
Book Value
$39.46
P/E Ratio
20.0
Forward P/E
17.6
PEG Ratio
ROE
9.2%
Debt/Equity
Revenue Growth
N/A
Earnings Growth
13.8%
Dividend Yield
N/A
Beta
1.00

Data last updated: 2026-06-12

Source: Yahoo Finance