Mark Hardwick - First Merchants CFO and Executive VP

FRME Stock  USD 33.99  0.08  0.23%   

CFO

Mr. Mark K. Hardwick is Chief Financial Officer, Chief Operating Officer, Executive Vice President of the Company. He served as Executive Vice President and Chief Financial Officer and Chief Operating Officer of FMC since May 2016 Executive Vice President and Chief Financial Officer of FMC since December 2005 Senior Vice President and Chief Financial Officer of FMC from April 2002 to December 2005 Corporationrationrate Controller of FMC from November 1997 to April 2002. since 2016.
Age 53
Tenure 8 years
Address 200 East Jackson Street, Muncie, IN, United States, 47305-2814
Phone765 747 1500
Webhttps://www.firstmerchants.com

Mark Hardwick Latest Insider Activity

Tracking and analyzing the buying and selling activities of Mark Hardwick against First Merchants stock is an integral part of due diligence when investing in First Merchants. Mark Hardwick 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 Tangible Assets are forecasted to decline to 0.01. 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.
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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.