First Merchants Corp
NASDAQ:FRME
Net Margin
First Merchants Corp
Net Margin measures how much net income is generated as a percentage of revenues received. It helps investors assess if a company's management is generating enough profit from its sales and whether operating costs and overhead costs are being contained.
Net Margin Across Competitors
| Country | Company | Market Cap |
Net Margin |
||
|---|---|---|---|---|---|
| US |
|
First Merchants Corp
NASDAQ:FRME
|
2.2B USD |
32%
|
|
| US |
|
PNC Financial Services Group Inc
NYSE:PNC
|
68.8B USD |
26%
|
|
| US |
|
Truist Financial Corp
NYSE:TFC
|
51.7B USD |
34%
|
|
| US |
|
M&T Bank Corp
NYSE:MTB
|
29.7B USD |
27%
|
|
| CN |
|
Bank of Jiangsu Co Ltd
SSE:600919
|
201.5B CNY |
36%
|
|
| US |
|
Fifth Third Bancorp
NASDAQ:FITB
|
25.5B USD |
25%
|
|
| US |
|
First Citizens BancShares Inc (Delaware)
NASDAQ:FCNCA
|
24.8B USD |
26%
|
|
| CN |
|
Bank of Ningbo Co Ltd
SZSE:002142
|
176.4B CNY |
36%
|
|
| US |
|
Huntington Bancshares Inc
NASDAQ:HBAN
|
22.8B USD |
25%
|
|
| JP |
|
Resona Holdings Inc
TSE:8308
|
2.9T JPY |
22%
|
|
| US |
|
Regions Financial Corp
NYSE:RF
|
19.3B USD |
27%
|
First Merchants Corp
Glance View
In the bustling world of regional banking, First Merchants Corp. stands as a significant player, rooted deeply in the Midwest. Founded as a modest local bank, it has grown into a robust financial institution with a sprawling influence across several states. The company has maintained its focus on traditional banking services while skillfully evolving with the digital age. With its headquarters nestled in Muncie, Indiana, First Merchants Corp. offers a comprehensive suite of financial products, catering to both individual and commercial clients. These offerings include personal and business banking, wealth management, and mortgage services, allowing it to tap into multiple income streams. The bank's primary source of revenue stems from interest income, derived from loans to consumers and businesses, which are strategically managed to mitigate risks and ensure stability. Furthermore, fee-based services like wealth management and treasury management contribute to its bottom line, offering a diversified financial framework. First Merchants Corp. has effectively utilized strategic acquisitions to expand its footprint and enhance its capabilities, keenly focusing on integrating technology to improve customer service and operational efficiency. This balanced approach between maintaining its core banking functions and embracing modern financial innovations has positioned First Merchants Corp. as a stable yet dynamic force within the regional banking sector, aiming to serve its community with personalized, reliable banking solutions while ensuring sustainable growth.
See Also
Net Margin measures how much net income is generated as a percentage of revenues received. It helps investors assess if a company's management is generating enough profit from its sales and whether operating costs and overhead costs are being contained.
Based on First Merchants Corp's most recent financial statements, the company has Net Margin of 31.7%.
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