FRME
First Merchants Corporation NASDAQ Listed Jun 20, 1989$40.49
Mkt Cap $2.6B
52w Low $34.66
68.1% of range
52w High $43.22
50d MA $39.18
200d MA $38.73
P/E (TTM)
10.4x
EV/EBITDA
10.7x
P/B
0.9x
Debt/Equity
0.4x
ROE
9.2%
P/FCF
7.6x
RSI (14)
—
ATR (14)
—
Beta
0.88
50d MA
$39.18
200d MA
$38.73
Avg Volume
438.6K
First Merchants Corporation operates as the financial holding company for First Merchants Bank that provides community banking services. It accepts time, savings, and demand deposits; and provides consumer, commercial, agri-business, and real estate mortgage loans, as well as public finance. The company also offers personal and corporate trust; brokerage and private wealth management; and letters of credit, repurchase agreements, and other corporate services. It operates 109 banking locations in Indiana, Illinois, Ohio, and Michigan counties. The company also offers its services through electronic and mobile delivery channels. First Merchants Corporation was founded in 1893 and is headquartered in Muncie, Indiana.
200 East Jackson Street · Muncie, IN 47305-2814 · US
| Date | Time | Est | Rptd | Surp | Base | Gap% | D1% | D2% | D3% | D4% | D5% | Guide ▲★ |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Apr 22, 2026 | AMC | 0.96 | 1.03 | +7.3% | 40.37 | -2.0% | -1.7% | -0.3% | +1.8% | +0.4% | -1.6% | — |
| Jan 26, 2026 | AMC | 0.96 | 0.98 | +2.1% | 38.01 | +0.8% | +0.5% | -0.9% | +2.8% | +2.2% | +2.8% | — |
| Oct 22, 2025 | AMC | 0.96 | 0.99 | +2.9% | 36.61 | -0.5% | -0.5% | +2.3% | -1.4% | -0.4% | -2.6% | — |
| Jul 23, 2025 | AMC | 0.94 | 0.98 | +4.3% | 41.25 | -0.5% | -3.7% | +0.2% | +0.6% | -1.0% | -2.5% | — |
| Apr 24, 2025 | AMC | 0.91 | 0.94 | +3.3% | 36.50 | -1.3% | -2.6% | +0.1% | +0.8% | -0.8% | +0.8% | — |
| Jan 30, 2025 | AMC | 0.90 | 1.00 | +11.1% | 42.71 | +1.6% | +4.1% | -0.8% | +0.6% | +0.8% | +1.2% | — |
| Oct 24, 2024 | AMC | 0.90 | 0.84 | -6.7% | 36.00 | +0.7% | -0.7% | +3.9% | -0.1% | +1.6% | -1.8% | — |
| Jul 25, 2024 | AMC | 0.80 | 0.68 | -15.0% | 40.43 | +1.7% | +2.3% | -2.5% | +0.3% | -0.1% | -4.2% | — |
| Apr 25, 2024 | AMC | 0.82 | 0.85 | +3.7% | 34.46 | -0.4% | -1.0% | -0.9% | -1.2% | +2.3% | +0.6% | — |
| Jan 25, 2024 | AMC | 0.87 | 0.87 | +0.0% | 34.90 | +0.3% | -0.1% | +1.0% | -0.5% | -3.5% | -0.4% | — |
| Oct 26, 2023 | AMC | 0.94 | 0.95 | +1.1% | 27.22 | -0.5% | -1.5% | +1.9% | -0.1% | -0.1% | +4.8% | — |
| Jul 25, 2023 | AMC | 1.02 | 1.02 | +0.0% | 31.28 | +3.0% | +3.5% | -2.2% | -0.0% | +1.4% | -0.7% | — |
| Date | Firm | Action | Grade | Target | Base | Open | Gap% | D1% | D2% | D3% | D4% | D5% |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Feb 4 | Piper Sandler | Maintains | Overweight → Overweight | — | $40.81 | $41.21 | +1.0% | +2.5% | +0.1% | +1.2% | -0.7% | -0.6% |
| Oct 27 | Piper Sandler | Maintains | Overweight → Overweight | — | $37.27 | $37.30 | +0.1% | -1.4% | -0.4% | -2.6% | +0.3% | -0.8% |
| Sep 29 | Stephens & Co. | Maintains | Equal Weight → Equal Weight | — | $38.22 | $38.58 | +0.9% | -2.0% | +0.7% | +0.2% | -0.8% | +1.3% |
| Sep 26 | Raymond James | Downgrade | Outperform → Market Perform | — | $38.96 | $39.02 | +0.2% | -1.9% | -2.0% | +0.7% | +0.2% | -0.8% |
| Sep 26 | Keefe, Bruyette & Woods | Maintains | Outperform → Outperform | — | $38.96 | $39.02 | +0.2% | -1.9% | -2.0% | +0.7% | +0.2% | -0.8% |
| Jul 28 | Piper Sandler | Maintains | Overweight → Overweight | — | $39.80 | $39.86 | +0.2% | +0.6% | -1.0% | -2.5% | -1.4% | -2.6% |
| Apr 28 | Piper Sandler | Maintains | Overweight → Overweight | — | $35.56 | $36.20 | +1.8% | +0.1% | +0.8% | -0.8% | +0.8% | +3.1% |
| Apr 28 | Raymond James | Maintains | Outperform → Outperform | — | $35.56 | $36.20 | +1.8% | +0.1% | +0.8% | -0.8% | +0.8% | +3.1% |
| Apr 25 | Keefe, Bruyette & Woods | Maintains | Outperform → Outperform | — | $36.50 | $36.02 | -1.3% | -2.6% | +0.1% | +0.8% | -0.8% | +0.8% |
| Apr 2 | Raymond James | Maintains | Outperform → Outperform | — | $40.19 | $39.58 | -1.5% | -0.2% | -8.9% | -2.4% | +0.3% | -1.4% |
| Jan 31 | Piper Sandler | Maintains | Overweight → Overweight | — | $42.71 | $43.41 | +1.6% | +4.1% | -0.8% | +0.6% | +0.8% | +1.2% |
| Jan 31 | Keefe, Bruyette & Woods | Maintains | Outperform → Outperform | — | $42.71 | $43.41 | +1.6% | +4.1% | -0.8% | +0.6% | +0.8% | +1.2% |
| Jan 31 | Raymond James | Maintains | Outperform → Outperform | — | $42.71 | $43.41 | +1.6% | +4.1% | -0.8% | +0.6% | +0.8% | +1.2% |
| Dec 4 | Keefe, Bruyette & Woods | Maintains | Outperform → Outperform | — | $42.97 | $42.97 | +0.0% | +1.8% | -1.0% | -0.6% | -0.7% | +0.9% |
| Oct 28 | Piper Sandler | Maintains | Overweight → Overweight | — | $35.75 | $36.30 | +1.5% | +3.9% | -0.1% | +1.6% | -1.8% | -0.2% |
| Aug 28 | Keefe, Bruyette & Woods | Maintains | Outperform → Outperform | — | $38.47 | $38.51 | +0.1% | +1.4% | -0.1% | +0.2% | -2.1% | -1.2% |
| Aug 7 | Stephens & Co. | Downgrade | Overweight → Equal Weight | — | $35.91 | $36.09 | +0.5% | -1.3% | +2.0% | -1.2% | -1.5% | +1.5% |
| Jul 29 | Piper Sandler | Maintains | Overweight → Overweight | — | $41.35 | $41.66 | +0.7% | -2.5% | +0.3% | -0.1% | -4.2% | -3.3% |
| Jul 29 | Keefe, Bruyette & Woods | Maintains | Outperform → Outperform | — | $41.35 | $41.66 | +0.7% | -2.5% | +0.3% | -0.1% | -4.2% | -3.3% |
| Jul 26 | Stephens & Co. | Maintains | Overweight → Overweight | — | $40.43 | $41.13 | +1.7% | +2.3% | -2.5% | +0.3% | -0.1% | -4.2% |
| Apr 29 | Piper Sandler | Maintains | Overweight → Overweight | — | $34.13 | $34.44 | +0.9% | -0.9% | -1.2% | +2.3% | +0.6% | +0.9% |
| Jan 29 | Raymond James | Maintains | Outperform → Outperform | — | $34.87 | $35.00 | +0.4% | +1.0% | -0.5% | -3.5% | -0.4% | +0.1% |
| Oct 30 | Raymond James | Maintains | Outperform → Outperform | — | $26.82 | $27.02 | +0.7% | +1.9% | -0.1% | -0.1% | +4.8% | +3.7% |
| Oct 30 | Piper Sandler | Maintains | Overweight → Overweight | — | $26.82 | $27.02 | +0.7% | +1.9% | -0.1% | -0.1% | +4.8% | +3.7% |
| Jul 27 | Raymond James | Maintains | Outperform → Outperform | — | $32.38 | $32.62 | +0.7% | -2.2% | -0.0% | +1.4% | -0.7% | +0.9% |
| Jul 26 | Stephens & Co. | Maintains | Overweight → Overweight | — | $31.28 | $32.23 | +3.0% | +3.5% | -2.2% | -0.0% | +1.4% | -0.7% |
| Apr 26 | Raymond James | Maintains | Outperform → Outperform | — | $28.62 | $28.48 | -0.5% | -2.7% | +3.5% | +1.2% | -0.0% | -5.9% |
| Apr 6 | Raymond James | Maintains | Outperform → Outperform | — | $31.60 | $31.44 | -0.5% | +0.4% | -0.4% | -1.0% | -2.9% | -0.5% |
| Feb 21 | Raymond James | Downgrade | Strong Buy → Outperform | — | $42.29 | $41.69 | -1.4% | -2.0% | -0.1% | +0.0% | -0.9% | -0.5% |
| Jan 30 | Raymond James | Maintains | Strong Buy → Strong Buy | — | $40.77 | $40.66 | -0.3% | +0.2% | +4.3% | -0.4% | +1.5% | +1.2% |
| Oct 26 | Raymond James | Maintains | Strong Buy → Strong Buy | — | $43.80 | $44.48 | +1.6% | +0.4% | +0.4% | +0.7% | +0.9% | -1.2% |
| Jul 7 | Raymond James | Upgrade | Outperform → Strong Buy | — | $35.87 | $36.70 | +2.3% | +0.6% | +0.7% | -0.5% | -0.4% | -3.1% |
| Jul 29 | Janney Montgomery Scott | Upgrade | Neutral → Buy | — | $40.58 | $41.50 | +2.3% | +1.1% | -0.8% | -1.3% | +0.8% | -1.3% |
| Jul 28 | Raymond James | Maintains | Outperform → Outperform | — | $40.19 | $40.37 | +0.4% | +1.0% | +1.1% | -0.8% | -1.3% | +0.8% |
| Apr 27 | Raymond James | Maintains | Outperform → Outperform | — | $47.17 | $48.66 | +3.2% | +0.5% | -1.3% | -0.2% | -1.0% | +1.7% |
| Feb 1 | Raymond James | Upgrade | Market Perform → Outperform | — | $37.67 | $39.73 | +5.5% | +2.5% | +2.1% | -0.3% | +4.0% | -0.4% |
| Nov 12 | Stephens & Co. | Upgrade | Equal Weight → Overweight | — | $30.62 | $31.56 | +3.1% | -1.2% | +3.7% | +5.8% | +1.0% | -0.3% |
| Oct 29 | Piper Sandler | Maintains | Overweight → Overweight | — | $25.25 | $25.46 | +0.8% | +3.8% | -0.3% | +2.4% | +3.2% | -6.9% |
| Sep 29 | Piper Sandler | Maintains | Overweight → Overweight | — | $23.42 | $22.95 | -2.0% | -1.1% | -0.0% | +1.4% | +3.6% | +3.1% |
| Apr 24 | Piper Sandler | Maintains | Overweight → Overweight | — | $25.63 | $25.84 | +0.8% | +1.1% | +6.1% | +1.9% | +5.2% | -3.9% |
| Apr 9 | Stephens & Co. | Downgrade | Overweight → Equal Weight | — | $27.08 | $26.05 | -3.8% | +5.6% | -4.1% | -1.1% | -6.4% | -5.0% |
| Feb 3 | Raymond James | Maintains | Outperform → Outperform | — | $39.75 | $40.15 | +1.0% | +1.7% | +1.3% | +2.0% | -0.3% | -0.4% |
| Oct 25 | Raymond James | Maintains | Outperform → Outperform | — | $37.97 | $38.16 | +0.5% | +3.3% | +1.1% | +1.4% | +0.8% | -2.4% |
| Jul 9 | Stephens & Co. | Upgrade | Equal Weight → Overweight | — | $37.57 | $37.92 | +0.9% | +0.2% | +0.0% | -0.2% | +0.7% | -1.9% |
| Nov 19 | Piper Sandler | Upgrade | Hold → Buy | — | $41.22 | $42.70 | +3.6% | +0.4% | -1.5% | +0.7% | -0.1% | +1.0% |
| Nov 19 | Sandler O'Neill | Upgrade | Hold → Buy | — | $41.22 | $42.70 | +3.6% | +0.4% | -1.5% | +0.7% | -0.1% | +1.0% |
| Jul 30 | Stephens & Co. | Downgrade | Overweight → Equal Weight | — | $48.96 | $47.67 | -2.6% | -2.4% | -1.2% | +0.9% | +0.8% | -1.9% |
| Sep 28 | DA Davidson | Maintains | Buy → Buy | — | $26.57 | $26.65 | +0.3% | +0.7% | -1.1% | +1.1% | -0.7% | +0.2% |
| Jul 27 | Keefe, Bruyette & Woods | Maintains | Outperform → Outperform | — | $25.64 | $25.69 | +0.2% | +3.2% | -0.3% | -0.6% | -0.1% | +0.3% |
| Jul 27 | Keefe Bruyette & Woods | Maintains | Outperform → Outperform | — | $25.64 | $25.69 | +0.2% | +3.2% | -0.3% | -0.6% | -0.1% | +0.3% |
No insider trades available.
8-K
First Merchants Corporation Depository Shares -- 8-K Filing
First Merchants Corporation filed a routine 8-K disclosure document with standard SEC certification, containing no material corporate events or transactions requiring investor attention.
Apr 22
8-K · 8.01
!! High
Unknown — 8-K 8.01: Material Event / Announcement
FRME declared a $0.4688 per depositary share dividend, signaling management confidence in cash generation and providing shareholders with steady income, though the yield depends on current stock price.
Apr 16
NT 10-K
!!! Very High
Unknown — Late Annual Report — Distress Signal
A late annual report filing signals potential financial distress or operational chaos at CREX and FRME, likely triggering exchange delisting risk and investor confidence collapse if not promptly remedied.
Mar 30
8-K · 1.01
! Medium
CREATIVE REALITIES, INC. -- 8-K 1.01: Financing / Debt Agreement
Creative Realities repurchased warrants from Slipstream Communications, reducing potential shareholder dilution and simplifying its capital structure.
Feb 18
NT 10-Q
!! High
First Savings Financial Group, Inc. -- Late Quarterly Report -- Distress Signal
First Savings Financial Group's delayed 10-Q filing signals potential internal control weaknesses or operational challenges that may concern investors about financial transparency and timely disclosure compliance.
Feb 10
8-K · 8.01
!! High
First Merchants Corporation Depository Shares -- 8-K 8.01: Material Event / Announcement
First Merchants Corporation declared a cash dividend payable to common stockholders on March 20, 2026, signaling continued shareholder returns and management confidence in the bank's financial position.
Feb 10
8-K · 5.02
!!! Very High
First Merchants Corporation Depository Shares -- 8-K 5.02: Executive Change
First Merchants Corporation appointed Larry W. Myers as a director, potentially strengthening board oversight and governance at the financial services company.
Feb 9
8-K · 5.02
!!! Very High
First Merchants Corporation Depository Shares -- 8-K 5.02: Executive Change
First Merchants Corporation established Short-Term Management Incentive Cash Plan targets for 2026, setting potential cash payments ranging from threshold to maximum levels based on named executive officers' performance goal achievement.
Feb 6
8-K · 8.01
!! High
First Merchants Corporation Depository Shares -- 8-K 8.01: Material Event / Announcement
First Merchants Corporation completed its acquisition of First Savings Financial Group, an Indiana-based financial institution, closing the merger agreement originally signed in September 2025.
Feb 2
Data updated apr 25, 2026 9:55am
· Source: massive.com