Charles Schalliol - First Merchants Independent Chairman of the Board

FRME Stock  USD 34.90  0.16  0.46%   

Chairman

Mr. Charles E. Schalliol is Independent Chairman of the Board of First Merchants Corporationration Mr. Schalliol was most recently a senior advisor in the Indianapolis office of the international law firm, Faegre Baker Daniels, LLP. He provides consulting services to the Customized Fund Investment Group of Grosvenor Securities LLC, on global infrastructure projects. Mr. Schalliol is a director of two VC funds, and he is a director of the Purdue Research Foundation and the Indiana University Research and Technology Corporationrationration, which are dedicated to enhancing those Universities research and development capabilities, promoting entrepreneurship, and creating new Indianabased companies. He chairs the Board of Directors of the Indiana Secondary Market for Education Loans, Inc., a nonprofit corporation that is Indianas designated provider of student loan services. He served as the Director of the Indiana Office of Management and Budget and as the Chief Financial Officer for the State of Indiana from 2004 to 2007, in the administration of Indiana Governor Mitch Daniels. As OMB Director, he was responsible for the States budgets and financial operations, including its pension funds, as well as agencies that had more than 2, 000 state employees. Before heading the OMB, Mr. Schalliol served as the first President and CEO of BioCrossroads, an economic development organization focused on life sciences companies, and he continues to serve that organization as a director. He previously held executive positions with Eli Lilly and Company, a leading worldwide pharmaceuticals company, in the areas of strategic planning, investment banking and business development. Mr. Schalliol was the founder and managing director of three Lilly venture funds. Mr. Schalliol chairs the Boards Compensation and Human Resources Committee, and he also serves on the Boards Nominating and Governance Committee. since 2007.
Age 70
Tenure 17 years
Address 200 East Jackson Street, Muncie, IN, United States, 47305-2814
Phone765 747 1500
Webhttps://www.firstmerchants.com
Rechin was the Company’s President and Chief Executive Officer since 2007, after having served as its Executive Vice President and Chief Operating Officer for two years. He has also been the President and CEO of First Merchants Bank, N.A., FMC’s whollyowned subsidiary bank, since 2009. Prior to joining the Company in 2005, Mr. Rechin held senior management positions with National City Bank, a super regional bank that was acquired by PNC Bank in 2008, for 23 years. He managed National City’s Indiana operations from 19952005. The Board believes that the current CEO of the Company should be a director, in that he has principal responsibility to provide leadership and strategic direction for the Company and, together with the Chairman of the Board, to act as a liaison between the Board and senior management.

Charles Schalliol Latest Insider Activity

Tracking and analyzing the buying and selling activities of Charles Schalliol against First Merchants stock is an integral part of due diligence when investing in First Merchants. Charles Schalliol insider activity provides valuable insight into whether First Merchants is net buyers or sellers over its current business cycle. Note, First Merchants insiders must abide by specific rules, including filing SEC forms every time they buy or sell First Merchants'shares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.

First Merchants Management Efficiency

The company has return on total asset (ROA) of 0.0123 % which means that it generated a profit of $0.0123 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.1045 %, meaning that it created $0.1045 on every $100 dollars invested by stockholders. First Merchants' management efficiency ratios could be used to measure how well First Merchants manages its routine affairs as well as how well it operates its assets and liabilities. The current year's Return On Equity is expected to grow to 0.10, whereas Return On Capital Employed is projected to grow to (0.0004). At present, First Merchants' Non Current Assets Total are projected to increase significantly based on the last few years of reporting. The current year's Non Currrent Assets Other is expected to grow to about 436.6 M, whereas Other Current Assets are forecasted to decline to about 713.6 M.
The company currently holds 1.05 B in liabilities with Debt to Equity (D/E) ratio of 6.95, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Debt can assist First Merchants until it has trouble settling it off, either with new capital or with free cash flow. So, First Merchants' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like First Merchants sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for First to invest in growth at high rates of return. When we think about First Merchants' use of debt, we should always consider it together with cash and equity.

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First Merchants Corporation operates as the financial holding company for First Merchants Bank that provides community banking services. First Merchants Corporation was founded in 1893 and is headquartered in Muncie, Indiana. First Merchants operates under BanksRegional classification in the United States and is traded on NASDAQ Exchange. It employs 1821 people. First Merchants (FRME) is traded on NASDAQ Exchange in USA. It is located in 200 East Jackson Street, Muncie, IN, United States, 47305-2814 and employs 2,162 people. First Merchants is listed under Regional Banks category by Fama And French industry classification.

Management Performance

First Merchants Leadership Team

Elected by the shareholders, the First Merchants' board of directors comprises two types of representatives: First Merchants inside directors who are chosen from within the company, and outside directors, selected externally and held independent of First. The board's role is to monitor First Merchants' management team and ensure that shareholders' interests are well served. First Merchants' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, First Merchants' outside directors are responsible for providing unbiased perspectives on the board's policies.
Michael Rechin, CEO and President Director, CEO of First Merchants Bank and President of First Merchants Bank and Director of First Merchants Bank
Marcos CFA, Chief Officer
Michael Fisher, Director
Terry Walker, Independent Director
Julie Crabtree, Corporate VP
John Martin, Chief Credit Officer and Executive VP
Roderick English, Independent Director
William Hoy, Independent Director
Karen Evens, VP Marketing
David Ortega, IR Contact Officer
Jean Wojtowicz, Independent Director
Patrick Sherman, Independent Director
Michele Kawiecki, Finance Director, Senior Vice President
Charles Schalliol, Independent Chairman of the Board
Chad Kimball, Senior Officer
Michael Stewart, Chief Banking Officer and Executive VP
Michael Becher, Independent Director
Steven Harris, Senior Vice President Director of Human Resources
Gary Lehman, Director, Member of Compensation and HR Committee, Member of Compensation and HR Committee, CEO of Fairfield Manufacturing Company Inc and President of Fairfield Manufacturing Company Inc
Kimberly Ellington, Senior Vice President Director - Human Resources
Nicole Weaver, IR Contact Officer
Brian Hunt, Secretary Counsel
Mark Hardwick, CFO and Executive VP
Michael Marhenke, Director
Howard Halderman, Director
Stephan Fluhler, CIO and Sr. VP
Jeffrey Lorentson, Chief Risk Officer, Senior Vice President

First Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is First Merchants a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

First Merchants Investors Sentiment

The influence of First Merchants' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in First. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to First Merchants' public news can be used to forecast risks associated with an investment in First. The trend in average sentiment can be used to explain how an investor holding First can time the market purely based on public headlines and social activities around First Merchants. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
First Merchants' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for First Merchants' and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average First Merchants' news discussions. The higher the estimated score, the more favorable is the investor's outlook on First Merchants.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards First Merchants in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, First Merchants' short interest history, or implied volatility extrapolated from First Merchants options trading.

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When determining whether First Merchants is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if First Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about First Merchants Stock. Highlighted below are key reports to facilitate an investment decision about First Merchants Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Merchants. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.
For information on how to trade First Stock refer to our How to Trade First Stock guide.
You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..

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When running First Merchants' price analysis, check to measure First Merchants' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy First Merchants is operating at the current time. Most of First Merchants' value examination focuses on studying past and present price action to predict the probability of First Merchants' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move First Merchants' price. Additionally, you may evaluate how the addition of First Merchants to your portfolios can decrease your overall portfolio volatility.
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Is First Merchants' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of First Merchants. If investors know First will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about First Merchants listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.41)
Dividend Share
1.34
Earnings Share
3.73
Revenue Per Share
10.918
Quarterly Revenue Growth
(0.10)
The market value of First Merchants is measured differently than its book value, which is the value of First that is recorded on the company's balance sheet. Investors also form their own opinion of First Merchants' value that differs from its market value or its book value, called intrinsic value, which is First Merchants' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because First Merchants' market value can be influenced by many factors that don't directly affect First Merchants' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between First Merchants' value and its price as these two are different measures arrived at by different means. Investors typically determine if First Merchants is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, First Merchants' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.