First MerchantsFRME +0.58%60 Buyback Yield % is 2.25 as of Jun. 30, 2026, which is 3114% above its 10-year median of 0.07. GuruFocus rates FRME with a GF Score™ of 60/100 and a GF Value™ of $39.83 (Fairly Valued). The stock has 8 warning signs investors should review. Among 626 Banks companies, First Merchants ranks better than 80.51% on this metric.
Buyback yield is the net repurchase of shares outstanding over the market capital of the company. It is a measure of shareholder return.
The historical data trend for First Merchants's Buyback Yield % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
FRME vs CUBI, TRMK, WAFD: Buyback Yield % Comparison
For the Banks - Regional subindustry, First Merchants's Buyback Yield %, along with its competitors' market caps and Buyback Yield % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
First Merchants Buyback Yield % vs Banks Industry
For the Banks industry and Financial Services sector, First Merchants's Buyback Yield % distribution charts can be found below:
* The bar in red indicates where First Merchants's Buyback Yield % falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
First Merchants (FRME) has a Buyback Yield % of 2.25 as of Jun. 30, 2026. Share buyback yield equals the net issuance of stock divided by market cap. View historical data on First Merchants and its competitors. This is 3114% above median its historical median of 0.07. According to the industry distribution chart, First Merchants ranks #122 out of 626 companies in the Banks industry, placing it in the top 19.5%.
Is First Merchants' Buyback Yield % too high?
First Merchants' current Buyback Yield % of 2.25 is 3114% above median its 10-year median of 0.07. The Banks industry median Buyback Yield % is 0.43. First Merchants' value of 2.25 is 423.3% above this industry median. Based on the distribution chart, First Merchants ranks #122 out of 626 companies in the Banks industry, which is in the top quartile — a strong position relative to peers. Overall, First Merchants has a GF Score™ of 60/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does First Merchants' Buyback Yield % compare to CUBI and TRMK?
According to the Banks industry distribution chart, First Merchants ranks #122 out of 626 companies for Buyback Yield %. This places First Merchants in the top 20% of its industry — outperforming the majority of peers. The industry median Buyback Yield % is 0.43. First Merchants' value of 2.25 is 423.3% above this benchmark. While the company's 10-year median is 0.07 vs. the industry median of 0.43, First Merchants has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Buyback Yield % for a Banks company?
The median Buyback Yield % among Banks companies is 0.43, based on 626 companies in the industry. Companies in the top quartile (top 25%) have a Buyback Yield % significantly above this median, while those in the bottom quartile fall well below. However, Buyback Yield % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. First Merchants's current Buyback Yield % of 2.25 is 423.3% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Buyback Yield % mean?
A high Buyback Yield % can signal that a stock is expensive relative to its fundamentals. Share buyback yield equals the net issuance of stock divided by market cap. View historical data on First Merchants and its competitors. For the Banks industry, the median Buyback Yield % is 0.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. First Merchants's current Buyback Yield % is 2.25, which is 3114% above median its own 10-year median of 0.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is First Merchants stock overvalued right now?
Based on GuruFocus' analysis, First Merchants (FRME) is currently considered Fairly Valued. The stock's GF Value™ is $39.83, compared to a current price of $43.72 — trading 9.8% above its estimated fair value. The current Buyback Yield % is 2.25, which is 3114% above median its 10-year median of 0.07 and 423.3% above the Banks industry median of 0.43. First Merchants' overall GF Score™ is 60/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Buyback Yield % calculated?
Buyback Yield % is calculated from a company's financial statements. For First Merchants (FRME), the current Buyback Yield % is 2.25 as of Jun. 30, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is First Merchants (FRME) Overvalued in 2026?
Based on GuruFocus' analysis, First Merchants stock appears to be overvalued.
The current stock price of $43.72 is trading 9.8% above its estimated GF Value™ of $39.83.
GuruFocus considers First Merchants to be Fairly Valued.
Key valuation signals for FRME:
Buyback Yield %: 2.25 (3114% above median its 10-year median of 0.07)
GF Value™: $39.83 vs. price of $43.72 (9.8% above fair value)
Industry Position: 423.3% above the Banks median (#122 of 626)
No single metric tells the full story. See the FRME stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
First Merchants Corp, through its subsidiaries, provides its customers with financial services delivered locally by bankers. It offers personal banking, business banking, real estate mortgage lending, cash management services, brokerage, wealth management, and insurance. The company reports in only one segment, which is community banking.
60GF Score
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