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First Merchants Corp

FRME

40.300USD

-0.660-1.61%

Close 09/19, 16:00（ET）Quotes delayed by 15 min

2.31BMarket Cap

10.31P/E TTM



First Merchants Corp

40.300

-0.660-1.61%

Overview Company Financials Analysis

TradingKey Stock Score

Overall Financial Health

Valuation Dimensions

Earnings Forecast

Price Momentum

Institutional Confidence

Risk Assessment

Peer Comparison

TradingKey Stock Score

Currency: USD Updated: 2025-09-19

Key Insights

The company's fundamentals are relatively healthy. Its valuation is considered overvalued,and institutional recognition is very high. Over the past 30 days, multiple analysts have rated the company as a Buy. Despite an average stock market performance, the company shows strong fundamentals and technicals. The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.

Score

Industry at a Glance

Industry Ranking

44 / 400

Overall Ranking

144 / 4720

Industry

Banking Services

Support & Resistance

No Data

Score Analysis

Current score

Previous score

Analyst Rating

Based on 6 analysts

Buy

Current Rating

46.833

Target Price

+14.34%

Upside Space

Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.

Company Highlights

StrengthsRisks

First Merchants Corporation is a financial holding company. The Company conducts banking activities through its wholly owned subsidiary, First Merchants Bank (the Bank). The Bank also operates as First Merchants Private Wealth Advisors (as a division of First Merchants Bank). Through the Bank, the Company offers a broad range of financial services, including accepting time, savings, and demand deposits; making consumer, commercial, agri-business and real estate mortgage loans; providing personal and corporate trust services; offering full-service brokerage and private wealth management; and providing letters of credit, repurchase agreements and other corporate services. The Company operates through a community banking segment. The Bank includes 116 banking locations in Indiana, Ohio, Michigan, and Illinois. In addition to its branch network, the Company offers comprehensive electronic and mobile delivery channels to its customers.

High Dividend

The company is a high dividend payer, with the latest dividend payout ratio of 40.91%.

Stable Dividend

The company has regularly paid dividends over the past 5 years, with the latest dividend payout ratio of 40.91%.

Overvalued

The company’s latest PB is 0.99, at a high 3-year percentile range.

Institutional Selling

The latest institutional holdings are 47.30M shares, decreasing 3.15% quarter-over-quarter.

Held by The Vanguard

Star Investor The Vanguard holds 6.17M shares of this stock.

Lower Market Activity

The company has less investor interest, with a 20-day turnover ratio of -0.14.

Financial Health

Currency: USD Updated: 2025-09-19

The company's current financial score is 8.78, which is higher than the Banking Services industry's average of 7.06. Its financial status is stable, and its operating efficiency is high. Its latest quarterly revenue reached 151.76M, representing a year-over-year increase of 3.55%, while its net profit experienced a year-over-year increase of 42.85%.

Score

Industry at a Glance

Previous score

8.78

Change



Financials

6.62

Key Metrics

Cash and cash equivalents

Total assets

Total liabilities

Free cash flow

No Data



Quality of Earnings

10.00

Key Metrics

Total revenue

Operating profit

Total assets

SG&A

No Data



Operational Efficiency

10.00

Key Metrics

Cash flow from operating activities

Income after tax

No Data



Growth Potential

8.08

Key Metrics

Cash flow from operating activities

Total revenue

No Data



Shareholder Returns

9.18

Key Metrics

Free cash flow

No Data

Company Valuation

Currency: USD Updated: 2025-09-19

The company’s current valuation score is 1.80, which is higher than the Banking Services industry's average of 1.34. Its current P/E ratio is 10.60, which is -0.08% below the recent high of 10.59 and 3.69% above the recent low of 10.21.

Score

Industry at a Glance

Previous score

1.80

Change

Valuation Dimensions

P/E

P/B

P/S

P/CF

Industry Ranking 44/400

No Data

Earnings Forecast

Currency: USD Updated: 2025-09-19

The company’s current earnings forecast score is 8.00, which is higher than the Banking Services industry's average of 7.39. The average price target for First Merchants Corp is 47.00, with a high of 49.00 and a low of 45.00.

Score

Industry at a Glance

Previous score

8.00

Change

Support & Resistance

No Data

Analyst Rating

Based on 6 analysts

Buy

Current Rating

46.833

Target Price

+14.34%

Upside Space

Strong Buy

Buy

Hold

Sell

Strong Sell

Peer Comparison

306

Total

Median

Average

Company name

Ratings

Analysts

First Merchants Corp

FRME

JPMorgan Chase & Co

JPM

Bank of America Corp

BAC

Wells Fargo & Co

WFC

US Bancorp

USB

Regions Financial Corp

...

Financial Forecasting

EPS

Revenue

Net Profit

EBIT

No Data

Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.

Price Momentum

Currency: USD Updated: 2025-09-19

The company’s current price momentum score is 8.69, which is higher than the Banking Services industry's average of 8.43. Sideways: Currently, the stock price is trading between the resistance level at 42.63 and the support level at 38.73, making it suitable for range-bound swing trading.

Score

Industry at a Glance

Previous score

8.69

Change

-1.82

Support & Resistance

No Data

Indicators



The Indicators feature provides value and direction analysis for various instruments under a selection of technical indicators, together with a technical summary.

This feature includes nine of the commonly used technical indicators: MACD, RSI, KDJ, StochRSI, ATR, CCI, WR, TRIX and MA. You may also adjust the timeframe depending on your needs.

Please note that technical analysis is only part of investment reference, and there is no absolute standard for using numerical values to assess direction. The results are for reference only, and we are not responsible for the accuracy of the indicator calculations and summaries.

Indicators

Sell(3)

Neutral(3)

Buy(1)

Indicators

Value

Direction

MACD(12,26,9)

-0.241

Neutral

RSI(14)

50.655

Neutral

STOCH(KDJ)(9,3,3)

62.825

Buy

ATR(14)

0.913

High Vlolatility

CCI(14)

-13.778

Neutral

Williams %R

56.329

Sell

TRIX(12,20)

0.048

Sell

StochRSI(14)

57.372

Sell

Moving Average

Sell(1)

Neutral(0)

Buy(5)

Indicators

Value

Direction

MA5

40.042

Buy

MA10

40.196

Buy

MA20

40.820

Sell

MA50

39.936

Buy

MA100

38.913

Buy

MA200

39.796

Buy

Institutional Confidence

Currency: USD Updated: 2025-09-19

The company’s current institutional recognition score is 7.00, which is higher than the Banking Services industry's average of 6.22. The latest institutional shareholding proportion is 81.93%, representing a quarter-over-quarter decrease of 0.50%. The largest institutional shareholder is The Vanguard, holding a total of 6.17M shares, representing 10.68% of shares outstanding, with 0.80% decrease in holdings.

Score

Industry at a Glance

Previous score

7.00

Change

Institutional Shareholding

No Data

Shareholder Activity

Name

Shares Held

Chg %

The Vanguard Group, Inc.

Star Investors

6.22M

-1.56%

BlackRock Institutional Trust Company, N.A.

4.23M

-1.64%

Dimensional Fund Advisors, L.P.

3.44M

-2.18%

EARNEST Partners, LLC

2.56M

-1.78%

State Street Global Advisors (US)

2.00M

-8.70%

Geode Capital Management, L.L.C.

1.43M

+2.66%

American Century Investment Management, Inc.

1.10M

-20.85%

Victory Capital Management Inc.

855.13K

-10.79%

Capital International Investors

818.75K

+37.58%

Goldman Sachs Asset Management, L.P.

799.94K

+15.76%

Risk Assessment

Currency: USD Updated: 2025-09-19

The company’s current risk assessment score is 5.68, which is higher than the Banking Services industry's average of 5.23. The company's beta value is 1.08. This indicates that the stock tends to outperform the index during upward trending markets but experiences larger declines during downward trending markets.