First Merchants Corp

FRMENASDAQUSD
43.52 USD
0.18 (0.41%)AT CLOSE (11:59 AM EDT)
43.51
0.02 (0.03%)
POST MARKET (AS OF 04:10 PM EDT)
Post Market
AS OF 04:10 PM EDT
43.51
0.02 (0.03%)
🟢Market: OPEN

First Merchants Corp (FRME) is currently trading at $43.51. There is a divergence between signals — technical indicators rate "Buy" but underlying fundamentals lean "Sell". Key drivers include a bullish Golden Cross on the moving averages and bullish moving average alignment. On the valuation side, FRME appears attractively valued relative to sector peers across key multiples.

Technical & fundamental data as of Aug 17, 2026.

Open?$43.63
High?$43.85
Low?$43.34
Prev. Close?$43.70
Volume?279.6K
Avg. Volume?447.3K
VWAP?$43.49
Rel. Volume?0.62x
Bid / Ask
Bid?$36.86 × 100
Ask?$49.52 × 100
Spread?$12.66
Midpoint?$43.19
Valuation & Ratios
Market Cap?2.7B
Shares Out?62.8M
Float?61.6M
Float %?98.0%
P/E Ratio?14.91
P/B Ratio?1.02
EPS?$2.93
Dividend?3.26%
Ex-Dividend?2026-09-04
News
Profile
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.
Employees
2.1K
Market Cap
2.7B
Industry
NATIONAL COMMERCIAL BANKS
Listed
1989-06-20
Address
200 E JACKSON ST
MUNCIE, IN 47308-0792
Phone: (765) 747-1500
Technical OutlookBuy
Strong SellNeutralStrong Buy
Long-Term (Tide)? Bullish(+2/3)
Medium-Term (Wave)? Neutral(0/3)
Short-Term (Ripple)? Bullish(+2/3)
MA Alignment?Golden Alignment
Full Technical Analysis →
Fundamental OutlookSell
Strong SellNeutralStrong Buy
F-Score?
23
Z-Score?
50
Momentum?
33
Short Sent.?
59
Piotroski F-Score?3/9Weak
Confidence?72%Moderate
Full Fundamental Analysis →
Short InterestModerate
Short % of Float?3.04%Low
Short Interest?1.9M
Days to Cover?3.6
Free Float61.6M
Avg Daily Volume521.5K
Settlement Date2026-07-31
Financial Health
Current Ratio?2.65Strong
Quick Ratio?2.65Strong
Cash Ratio?0.06Low
Debt/Equity?0.56Moderate
ValuationATTRACTIVELY VALUEDvs 10 peers + S&P 500
Score
83/100
P/E?
Peers
9
S&P
81
14.9CHEAP
P/B?
Peers
91
S&P
97
1.02CHEAP
P/S?
Peers
82
S&P
57
2.52CHEAP
P/FCF?
Peers
91
S&P
92
8.7CHEAP
EV/EBITDA?
Peers
9
S&P
25
20.2HIGH
EV/Sales?
Peers
27
S&P
49
3.81FAIR
Returns & Efficiency
ROE?
Peers
9
S&P
22
6.8%FAIR
ROA?
Peers
9
S&P
11
0.9%WEAK
Cash Flow & Enterprise
FCF?$314.9M
Enterprise Value?$4.2B
Fundamentals ratios updated end of day