FRME First Merchants Corp.
First Merchants Corp. (Indiana) is a 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.
Company profile
Ticker
FRME
Exchange
Website
CEO
Michael C. Rechin
Employees
Incorporated in
Location
Fiscal year end
Sector
Industry (SEC)
SEC CIK
Corporate docs
IRS number
351544218
FRME stock data
()
Investment data
Securities sold
Number of investors
| Top 50 of 195 long holdings End of quarter 31 Mar 20 |
Value |
#Shares |
Prev Q |
Change %, QoQ |
|---|---|---|---|---|
| $70.67M | 612.51K | 609.82K | +0.4 | |
| $44.52M | 304.91K | 297.64K | +2.4 | |
| $34.41M | 361.59K | 345.58K | +4.6 | |
| $30.2M | 555.13K | 449.74K | +23.4 | |
| $20.23M | 255.77K | 328.61K | -22.2 | |
| $19.36M | 76.14K | 77.76K | -2.1 | |
| $19.22M | 407.9K | 407.9K | 0 | |
| $17.11M | 193.31K | 190.97K | +1.2 | |
| $16.52M | 104.73K | 101.49K | +3.2 | |
| $13.4M | 63.24K | 62.54K | +1.1 | |
| $13.26M | 500.6K | 522.1K | -4.1 | |
| $11.4M | 231.25K | 232.01K | -0.3 | |
| $10.6M | 151.74K | 151.7K | 0 | |
| $10.28M | 61.74K | 59.42K | +3.9 | |
| $9.18M | 56.95K | 55.49K | +2.6 | |
| $8.74M | 153.57K | 114.89K | +33.7 | |
| $8.61M | 71.66K | 71.21K | +0.6 | |
| $7.83M | 6.74K | 6.06K | +11.2 | |
| $7.79M | 51.97K | 55.1K | -5.7 | |
| $7.69M | 69.95K | 69.7K | +0.4 | |
| $7.24M | 52.23K | 51.95K | +0.5 | |
| $7.22M | 91.48K | 91.41K | +0.1 | |
| $7.04M | 53.67K | 54.57K | -1.6 | |
| $6.81M | 37.83K | 35.84K | +5.5 | |
| $6.72M | 241.94K | 238.86K | +1.3 | |
| $6.7M | 23.51K | 22.56K | +4.2 | |
|
S&P 400 Mid-cap Etf SPDR
|
$6.66M | 25.32K | 25.44K | -0.5 |
| $6.57M | 69.62K | 70.37K | -1.1 | |
| $6.26M | 25.11K | 25.08K | +0.1 | |
| $6.16M | 54.2K | 51.44K | +5.4 | |
| $6.04M | 37K | 35.15K | +5.3 | |
| $6M | 152.59K | 147.04K | +3.8 | |
| $5.88M | 109.49K | 111K | -1.4 | |
| $5.86M | 59.96K | 60.85K | -1.5 | |
| $5.83M | 72.49K | 76.9K | -5.7 | |
| $5.78M | 67.22K | 64.75K | +3.8 | |
| $5.58M | 24.3K | 24.26K | +0.2 | |
| $5.57M | 40.77K | 40.72K | +0.1 | |
| $5.57M | 170.79K | 167.62K | +1.9 | |
| $5.41M | 26.71K | 25.81K | +3.5 | |
| $5.28M | 153.44K | 131.09K | +17.1 | |
| $5.22M | 39.03K | 36.61K | +6.6 | |
| $5.05M | 27.05K | 26.74K | +1.2 | |
| $4.98M | 92.04K | 95.15K | -3.3 | |
| $4.88M | 51.49K | 50.82K | +1.3 | |
| $4.76M | 52.85K | 52.84K | 0 | |
| $4.69M | 70.26K | 69.43K | +1.2 | |
| $4.68M | 48.43K | 40.05K | +20.9 | |
| $4.64M | 29.9K | 31.57K | -5.3 | |
| $4.49M | 63.45K | 62.68K | +1.2 |
Holdings list only includes long positions.
Only includes long positions.
Calendar
8 May 20
14 Jul 20
31 Dec 20
News
Company financial data Financial data
| Quarter (USD) | Mar 20 | Dec 19 | Sep 19 | Jun 19 | |
|---|---|---|---|---|---|
| Revenue | 119.81M | 125.82M | 118.13M | 112.64M | |
| Net income | 34.26M | 47.83M | 36.76M | 41.06M | |
| Diluted EPS | 0.62 | 0.87 | 0.71 | 0.83 | |
| Net profit margin | 28.60% | 38.01% | 31.12% | 36.45% | |
| Net change in cash | -49.47M | -25.18M | 74.2M | 12.31M | |
| Cash on hand | 127.73M | 177.2M | 202.38M | 128.19M |
| Annual (USD) | Dec 19 | Dec 18 | Dec 17 | Dec 16 | |
|---|---|---|---|---|---|
| Revenue | 465.41M | 407.94M | 314.9M | 253.31M | |
| Net income | 164.46M | 159.14M | 96.07M | 81.05M | |
| Diluted EPS | 3.19 | 3.22 | 2.12 | 1.98 | |
| Net profit margin | 35.34% | 39.01% | 30.51% | 32.00% | |
| Net change in cash | 37.95M | -15.66M | 26.98M | 25.76M | |
| Cash on hand | 177.2M | 139.25M | 154.91M | 127.93M |
Financial data from company earnings reports
Recent insider trades
| Date | Owner | Security | Transaction | Code | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|
| 30 Jun 20 | Wojtowicz Jean L | Common Stock | Grant | Aquire A | No | 27.57 | 623 | 17.18K | 34,452.741 |
| 30 Jun 20 | Becher Michael R | Common Stock | Grant | Aquire A | No | 27.57 | 623 | 17.18K | 13,658 |
| 30 Jun 20 | Hoy William L | Common Stock | Grant | Aquire A | No | 27.57 | 538 | 14.83K | 28,374 |
| 30 Jun 20 | Fisher Michael J | Common Stock | Grant | Aquire A | No | 27.57 | 538 | 14.83K | 3,922 |
| 30 Jun 20 | Chaffin H Douglas | Common Stock | Grant | Aquire A | No | 27.57 | 557 | 15.36K | 35,260 |
Institutional ownership Q1 2020
70.9% owned by funds/institutions
13F holders |
Current |
|---|---|
| Total holders | 183 |
| Opened positions | 26 |
| Closed positions | 38 |
| Increased positions | 50 |
| Reduced positions | 66 |
13F shares |
Current |
|---|---|
| Total value | 3.21B |
| Total shares | 38.1M |
| Total puts | 0 |
| Total calls | 14K |
| Total put/call ratio | – |
Largest owners |
Shares | Value |
|---|---|---|
| Vanguard | 5.12M | $135.72M |
| BLK BlackRock | 4.09M | $108.22M |
| Dimensional Fund Advisors | 2.83M | $74.93M |
| Earnest Partners | 2.69M | $71.35M |
| FRLG Goldman Sachs | 1.69M | $44.64M |
| Cardinal Capital Management | 1.55M | $41.05M |
| STT State Street | 1.4M | $37.1M |
| NTRS Northern Trust | 1.26M | $33.38M |
| FMR | 1.05M | $27.93M |
| Vaughan Nelson Investment Management | 1.04M | $27.59M |
Content analysis
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| Constraining | ||
| Legalese | ||
| Litigous | ||
| Readability |
H.S. freshman V bad
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New words:
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Removed:
ACH, agricultural, amended, ATM, backed, bearing, breached, buyer, calculate, callable, cap, cardholder, center, combined, commencement, concurrent, contracted, custody, debit, deed, depict, depreciable, derecognized, disaggregation, diversity, earliest, earned, examined, executed, expedient, factored, February, finalized, financing, flexibility, forward, granular, implemented, imposed, incremental, inflation, initially, land, leaseback, leased, leasehold, leasing, lessee, lessor, maintenance, MasterCard, month, Nonemployee, nonlease, Nonrefundable, Obama, OREO, originate, overdraft, principle, production, profitability, promulgated, quote, reduction, rendering, renewal, rental, request, residual, restrictive, retail, retrospective, risen, ROU, satisfied, scope, score, separately, separating, servicing, shortened, simplified, single, space, stop, stricter, stringent, targeted, team, title, trouble, unchanged, Visa, withdrawn
Financial reports
10-Q
2020 Q1
Quarterly report
8 May 20
10-K
2019 FY
Annual report
28 Feb 20
10-Q
2019 Q3
Quarterly report
8 Nov 19
10-K/A
2019 FY
Annual report (amended)
27 Sep 19
10-Q
2019 Q2
Quarterly report
7 Aug 19
10-Q
2019 Q1
Quarterly report
10 May 19
10-K
2018 FY
Annual report
27 Feb 19
10-Q
2018 Q3
Quarterly report
9 Nov 18
10-K/A
2017 FY
Annual report (amended)
28 Sep 18
10-Q
2018 Q2
Quarterly report
9 Aug 18
Current reports
8-K
Other Events
30 Jun 20
8-K
Regulation FD Disclosure
14 May 20
8-K
Submission of Matters to a Vote of Security Holders
14 May 20
8-K
First Merchants Corporation Announces Cash Dividend
13 May 20
8-K
Results of Operations and Financial Condition
23 Apr 20
8-K
First Merchants Corporation Announces First Quarter 2020 Earnings Per Share
23 Apr 20
8-K
Other Events
20 Mar 20
8-K
4th Quarter Highlights 2 0 1 9
11 Feb 20
8-K
Departure of Directors or Certain Officers
11 Feb 20
8-K
First Merchants Corporation Announces Cash Dividend
5 Feb 20
Registration and prospectus
S-8
Registration of securities for employees
26 Jun 19
425
Business combination disclosure
7 Feb 19
425
Business combination disclosure
7 Feb 19
S-3ASR
Automatic shelf registration
6 Feb 19
425
Business combination disclosure
4 Feb 19
424B3
Prospectus supplement
21 Dec 18
S-4/A
Registration of securities issued in business combination transactions (amended)
19 Dec 18
S-4
Registration of securities issued in business combination transactions
3 Dec 18
425
Business combination disclosure
10 Oct 18
425
Business combination disclosure
10 Oct 18
Proxies
DEF 14A
Definitive proxy
1 Apr 20
DEFA14A
Additional proxy soliciting materials
26 Apr 19
DEF 14A
Definitive proxy
21 Mar 19
DEF 14A
Definitive proxy
22 Mar 18
DEF 14A
Definitive proxy
21 Mar 17
PRE 14A
Preliminary proxy
7 Mar 17
DEF 14A
Definitive proxy
23 Mar 16
DEF 14A
Definitive proxy
25 Mar 15
DEF 14A
Definitive proxy
2 Apr 14
DEF 14A
Definitive proxy
29 Mar 13
Other
EFFECT
Notice of effectiveness
24 Dec 18
UPLOAD
Letter from SEC
31 Aug 17
CORRESP
Correspondence with SEC
30 Aug 17
UPLOAD
Letter from SEC
8 Aug 17
EFFECT
Notice of effectiveness
5 May 17
CORRESP
Correspondence with SEC
3 May 17
UPLOAD
Letter from SEC
27 Apr 17
CORRESP
Correspondence with SEC
24 Apr 17
EFFECT
Notice of effectiveness
24 Apr 17
CORRESP
Correspondence with SEC
14 Apr 17
Ownership
4
FIRST MERCHANTS / JEFFREY B LORENTSON ownership change
2 Jul 20
4
FIRST MERCHANTS / Patrick A Sherman ownership change
2 Jul 20
4
FIRST MERCHANTS / CLARK C KELLOGG JR ownership change
2 Jul 20
4
FIRST MERCHANTS / Michael J Stewart ownership change
2 Jul 20
4
FIRST MERCHANTS / Gary Lehman ownership change
2 Jul 20
4
FIRST MERCHANTS / Charles E Schalliol ownership change
2 Jul 20
4
FIRST MERCHANTS / Michael C Marhenke ownership change
2 Jul 20
4
FIRST MERCHANTS / H DOUGLAS CHAFFIN ownership change
2 Jul 20
4
FIRST MERCHANTS / Howard Halderman ownership change
2 Jul 20
4
FIRST MERCHANTS / Michael R Becher ownership change
2 Jul 20