First Merchants Corp

FRMENASDAQUSD
40.87 USD
0.28 (0.68%)🟢PRE MARKET (AS OF 04:03 AM EDT)
🟢Market: OPEN

First Merchants Corp (FRME) is currently trading at $40.87. There is a divergence between signals — technical indicators rate "Strong Buy" but underlying fundamentals lean "Sell". Key drivers include a weak Piotroski F-Score of 2/9, 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 Jun 15, 2026.

Open?$41.07
High?$41.07
Low?$40.87
Prev. Close?$41.15
Volume?N/A
Avg. Volume?307.8K
Bid / Ask
Bid?$35.74 × 100
Ask?$46.90 × 100
Spread?$11.16
Midpoint?$41.32
Valuation & Ratios
Market Cap?2.6B
Shares Out?63.0M
Float?61.8M
Float %?98.0%
P/E Ratio?13.17
P/B Ratio?0.97
EPS?$3.12
Dividend?3.36%
Ex-Dividend?N/A
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 OutlookStrong Buy
Strong SellNeutralStrong Buy
Long-Term (Tide)? Bullish(+3/3)
Medium-Term (Wave)? Bullish(+2/3)
Short-Term (Ripple)? Bearish(-2/3)
MA Alignment?Golden Alignment
Full Technical Analysis →
Fundamental OutlookSell
Strong SellNeutralStrong Buy
F-Score?
12
Z-Score?
50
Momentum?
31
Short Sent.?
52
Piotroski F-Score?2/9Weak
Confidence?70%Moderate
Full Fundamental Analysis →
Short InterestModerate
Short % of Float?2.14%Low
Short Interest?1.3M
Days to Cover?4.5
Free Float61.8M
Avg Daily Volume296.0K
Settlement Date2026-05-29
Financial Health
Current Ratio?2.64Strong
Quick Ratio?2.64Strong
Cash Ratio?0.07Low
Debt/Equity?0.52Moderate
ValuationATTRACTIVELY VALUEDvs 9 peers + S&P 500
Score
87/100
P/E?
Peers
20
S&P
87
13.2CHEAP
P/B?
Peers
90
S&P
97
0.97CHEAP
P/S?
Peers
70
S&P
58
2.46CHEAP
P/FCF?
N/A
EV/EBITDA?
Peers
10
S&P
36
17.4FAIR
EV/Sales?
Peers
20
S&P
51
3.68FAIR
Returns & Efficiency
ROE?
Peers
20
S&P
24
7.4%FAIR
ROA?
Peers
10
S&P
11
0.9%WEAK
Cash Flow & Enterprise
FCF?N/A
Enterprise Value?$3.9B
Fundamentals ratios updated end of day