Report
EUR 12.94 For Business Accounts Only

FIRST MERCHANTS sees an upgrade to Slightly Positive due to a better fundamental star rating

The general evaluation of FIRST MERCHANTS (US), a company active in the Money Center Banks industry, has been upgraded by the independent financial analyst theScreener with the addition of a star. Its fundamental valuation now shows 4 out of 4 possible stars while its market behaviour can be considered as moderately risky. theScreener believes that the additional star(s) merits the upgrade of its general evaluation to Slightly Positive. As of the analysis date January 4, 2022, the closing price was USD 43.32 and its potential was estimated at USD 47.62.
Underlying
First Merchants Corporation

First Merchants is a financial holding company. Through its subsidiary, First Merchants Bank (the Bank), the company provides a range of financial services, including accepting time, savings and demand deposits; making consumer, commercial, agri-business and real estate mortgage loans; providing personal and corporate trust services; providing brokerage and private wealth management; and providing letters of credit, repurchase agreements and other services. The Bank also operates First Merchants Private Wealth Advisors (a division of the Bank). The Bank includes banking locations in Indiana, Illinois, Ohio and Michigan counties. The company provides electronic and mobile delivery channels to its customers.

Provider
TheScreener
TheScreener

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