FRME

First Merchants Corp.

Halal Rating :
Uncomfortable
See Details
Last Price $43.45 Last updated:
Market Cap $2.17b
7D Change 1.19%
1 Year Change 37.67%

Company Overview

Industries
  • Finance
  • Insurance
  • And Real Estate
  • Banking
  • National Commercial Banks
Exchange Nasdaq
Next Earnings Date

First Merchants Bank provides community banking services. It accepts time, savings, and demand deposits; and provides consumer, commercial, agri-business, and real estate mortgage loans. The company operates 109 banking locations in Indiana, Illinois, Ohio, and Michigan counties.

Use of Interest

Reporting Date Total Revenue Total Operating Expense Interest Income Interest Expense Interest Income Ratio Interest Expense Ratio
Sept. 30, 2024 $155.98m $109.97m $131.11m $109.97m 84.06% 100.00%
June 30, 2024 $159.91m $107.81m $128.57m $107.81m 80.40% 100.00%
March 31, 2024 $153.7m $108.84m $127.06m $108.84m 82.67% 100.00%

Company Impact

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Justification for our Halal Rating

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