| Performance Ratios (%) | FRME | Peer Median | Peer Average |
|---|---|---|---|
| ROAA | 1.40 | 1.43 | 1.39 |
| ROAE | 10.92 | 10.76 | 11.68 |
| Net Interest Margin | 3.26 | 3.26 | 3.23 |
| Efficiency Ratio | 50.51 | 54.77 | 55.10 |
| Loans/ Deposits | 73.22 | 78.42 | 75.95 |
| Asset Quality Ratios (%) | |||
| NPAs/ Assets | 0.35 | 0.53 | 0.69 |
| NCOs/ Avg Loans | 0.06 | 0.12 | 0.13 |
| Loan Loss Reserves/ Gross Loans | 2.21 | 1.35 | 1.44 |
| Reserves/ NPAs | 379.89 | 179.34 | 200.41 |
| Capital Ratios (%) | |||
| Tier 1 Ratio | 12.17 | 13.51 | 13.86 |
| Tangible Equity/ Tangible Assets | 8.94 | 9.07 | 9.59 |
| Total Equity/ Total Assets | 12.40 | 12.01 | 12.04 |
| Market Ratios | |||
| Price / Earnings after Extra | 10.69 | 11.81 | 13.52 |
| Price / Book | 115.10 | 129.17 | 155.06 |
| Dividend Yield | 2.89 | 2.61 | 2.68 |
Data for trailing four quarters
First Merchants Corporation's peer group consists of the following: 1st Source Corporation (SRCE), BancFirst Corporation (BANF), Community Trust Bancorp, Inc. (CTBI), First Busey Corporation (BUSE), First Commonwealth Financial Corporation (FCF), First Financial Bankshares, Inc. (FFIN), First Midwest Bancorp, Inc. (FMBI), Great Western Bancorp, Inc. (GWB), Heartland Financial USA, Inc. (HTLF), Independent Bank Corp. (INDB), Lakeland Financial Corporation (LKFN), Northwest Bancshares, Inc. (NWBI), Old National Bancorp (ONB), Park National Corporation (PRK), Pinnacle Financial Partners, Inc. (PNFP), Republic Bancorp, Inc. (RBCA.A), S&T Bancorp, Inc. (STBA), Stock Yards Bancorp, Inc. (SYBT), WesBanco, Inc. (WSBC)
First Merchants Corporation's financial data is as of 9/30/2021.
Peer financial data is as of 9/30/2021.
First Merchants Corporation's peer group consists of the following: 1st Source Corporation (SRCE), BancFirst Corporation (BANF), Community Trust Bancorp, Inc. (CTBI), First Busey Corporation (BUSE), First Commonwealth Financial Corporation (FCF), First Financial Bankshares, Inc. (FFIN), First Midwest Bancorp, Inc. (FMBI), Great Western Bancorp, Inc. (GWB), Heartland Financial USA, Inc. (HTLF), Independent Bank Corp. (INDB), Lakeland Financial Corporation (LKFN), Northwest Bancshares, Inc. (NWBI), Old National Bancorp (ONB), Park National Corporation (PRK), Pinnacle Financial Partners, Inc. (PNFP), Republic Bancorp, Inc. (RBCA.A), S&T Bancorp, Inc. (STBA), Stock Yards Bancorp, Inc. (SYBT), WesBanco, Inc. (WSBC)
First Merchants Corporation's financial data is as of 9/30/2021.
Peer financial data is as of 9/30/2021.
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