First Merchants Corporation · Financials · Banks - Regional
Scores & Status Key
AI Summary Scores: Intraday / Swing / Long scores are synthesized from multi-factor analysis for each timeframe. They summarize current conditions discussed in the report and do not constitute trading recommendations.
Intraday Trend Score: A 0–100 composite from the Trend Explorer™ analytics engine used for ranking and comparison. It describes current conditions and is not a forecast.
Trend Status: A rules-based label (Bullish / Mixed / Bearish) derived from signal confluence (trend structure, momentum, and positioning). It indicates alignment, not expected return.
Last
$39.33
+$0.55 (+1.41%) 12:00 PM ET
Prev closePrevC$38.78
OpenOpen$38.92
Day highHigh$39.78
Day lowLow$38.85
VolumeVol87,977
Avg volAvgVol512,856
On chart
Interval
Intervals apply to 1D & 5D.
Intervals apply to 1D & 5D.
Scale: Linear
Overlays
Panels
Style
Scale: Linear
Presets
Tools
Tickers only (no ^ indexes). Add up to 5.
Mkt cap
$2.44B
EV/Sales
3.53
P/E ratio
13.23
FY Revenue
$1.09B
EPS
2.93
Gross Margin
63.41%
Div yield
3.68%
Sector
Financials
AI report sections
BEARISH
FRME
First Merchants Corporation
First Merchants Corp shows steady positive price momentum over the last 6–12 months with the share price trading near the upper end of its 52-week range and above key moving averages. Fundamentally, the bank delivers solid margins and a moderate dividend yield while revenue growth is flat and net income and EPS have contracted year over year. Valuation appears moderate on P/E and P/B metrics but elevated on EV/EBITDA, and short interest is modest though the high short volume ratio indicates active short-term positioning.
AI summarized at 2:50 AM ET, 2026-07-11
AI summary scores
INTRADAY:63SWING:68LONG:61
Volume vs average
Intraday (cumulative)
−19% (Below avg)
Vol/Avg: 0.81×
RSI
33.03(Weak)
Weak (30–40)
0255075100
MACD momentum
Intraday
+0.00 (Strong)
MACD: -0.01 Signal: -0.01
Short-Term
-0.05 (Weak)
MACD: -0.65 Signal: -0.60
Long-Term
-0.08 (Weak)
MACD: -1.07 Signal: -0.99
Intraday trend score
47.07
LOW43.37HIGH62.17
Latest news
FRME•12 articles•Positive: 7Neutral: 4Negative: 1
NegativeZacks Investment Research• Zacks.Com
First Merchants (FRME) Reports Next Week: Wall Street Expects Earnings Growth
First Merchants is expected to report Q3 2026 earnings on October 21 with consensus estimates of $1.04 EPS (up 5.1% YoY) and $203.97M in revenues (up 22.8% YoY). However, the Earnings ESP is negative at -0.64%, and the stock carries a Zacks Rank #3, making it difficult to predict an earnings beat. The company missed consensus estimates significantly in the last quarter (-28.16% surprise).
FRMEFRMEPearnings reportQ3 2026earnings per sharerevenue growthearnings surpriseZacks Rank
Sentiment note
Negative Earnings ESP of -0.64% combined with Zacks Rank #3 makes an earnings beat unlikely. Recent earnings history shows a significant miss of -28.16% in the last quarter, and consensus estimates have been revised 1.98% lower over the past 30 days, suggesting analyst skepticism about near-term performance.
NeutralGlobeNewswire Inc.• Na
First Merchants Corporation Announces Pricing of Subordinated Notes Offering
First Merchants Corporation priced a $100 million offering of 6.750% Fixed-to-Floating Rate Subordinated Notes due 2036. The notes will bear a fixed rate of 6.750% until October 1, 2031, then convert to a floating rate based on Three-Month Term SOFR plus 202 basis points. The company intends to use net proceeds for general corporate purposes, including share repurchases. The offering is expected to close on September 25, 2026.
The company is raising capital through a subordinated debt offering, which is a routine corporate financing activity. While capital raising can indicate growth plans or strategic flexibility, it also suggests the company needs additional capital. The use of proceeds for share repurchases is shareholder-friendly but doesn't indicate exceptional business performance. The neutral sentiment reflects a standard corporate financing announcement without clear positive or negative implications.
NeutralGlobeNewswire Inc.• Na
First Merchants Corporation to Report Second Quarter 2026 Financial Results, Host Conference Call and Webcast
First Merchants Corporation will release its second quarter 2026 financial results on July 22, 2026, followed by an earnings conference call and webcast on July 23, 2026. The company will provide access via phone registration and webcast viewing.
The article is a standard earnings announcement notification with no forward-looking statements, guidance, or performance indicators. It is purely informational about the timing and logistics of the earnings call, which does not convey positive or negative sentiment about the company's financial performance.
PositiveThe Motley Fool• Jonathan Ponciano
First Merchants Stock Up 15%: Why This $835,000 Insider Sale Doesn't Seem Like a Red Flag
First Merchants Corporation director Larry W Myers sold 20,000 shares worth approximately $835,000, marking his largest single sale in the past year. However, analysts view this as routine portfolio management rather than a negative signal, as Myers retains approximately 314,000 shares and the company continues to demonstrate strong operational performance with improved earnings and expanded market presence following its acquisition of First Savings Financial Group.
Despite the insider sale, the article emphasizes strong operational fundamentals including Q1 adjusted earnings of $1.03 per share (up from $0.94 YoY), 16.1% YoY net interest income growth, expanded net interest margin to 3.35%, and successful completion of a $2.4 billion asset acquisition. The insider's continued substantial shareholding (314,000 shares) and management's confidence in capital and credit quality support a positive outlook for sustained earnings growth.
PositiveBenzinga• Na
First Merchants Corporation Announces Cash Dividend
First Merchants Corporation (NASDAQ: FRME) declared a cash dividend of $0.37 per common share, payable on June 19, 2026 to shareholders of record as of June 5, 2026.
The announcement of a cash dividend demonstrates the company's financial health and commitment to returning value to shareholders. Regular dividend payments are typically viewed positively by investors as they indicate stable earnings and management confidence in future performance.
PositiveBenzinga• Na
First Merchants Corporation Announces Cash Dividend on Its Preferred Stock
First Merchants Corporation declared a quarterly cash dividend of $46.88 per share on its 7.50% Non-Cumulative Perpetual Preferred Stock Series A (FRMEP), with depositary shareholders receiving $0.4688 per share. The dividend is payable on May 15, 2026, to stockholders of record on April 30, 2026.
The announcement of a quarterly cash dividend demonstrates the company's financial stability and commitment to returning value to shareholders. Regular dividend payments are generally viewed positively by investors as they indicate consistent profitability and shareholder-friendly capital allocation.
PositiveBenzinga• Globe Newswire
First Merchants Corporation Completes Legal Closing of First Savings Financial Group Merger
First Merchants Corporation (NASDAQ:FRME) has completed its merger with First Savings Financial Group, Inc. (NASDAQ:FSFG) effective February 1, 2026. The combined entity will have approximately $21.4 billion in assets and remain Indiana's second-largest financial holding company. Integration is expected to complete in Q2 2026, with the merged bank operating under the First Merchants Bank name.
The merger completion strengthens First Merchants' market position, increases total assets to $21.4 billion, expands capabilities with First Savings' lending programs, and maintains its status as Indiana's second-largest financial holding company. Leadership emphasizes strengthened ability to serve communities and building a more diversified organization.
PositiveBenzinga• Globe Newswire
First Merchants Corporation Announces Cash Dividend on Its Preferred Stock
First Merchants Corporation declared a quarterly cash dividend of $46.88 per share on its 7.50% Non-Cumulative Perpetual Preferred Stock Series A (FRMEP), with depositary share holders receiving $0.4688 per share. The dividend is payable on February 16, 2026, to stockholders of record on January 30, 2026.
The company is maintaining its dividend payments on preferred stock, demonstrating financial stability and commitment to returning capital to shareholders. Regular dividend declarations are generally viewed positively as they indicate confidence in the company's financial health and cash flow generation.
NeutralGlobeNewswire Inc.• Na
First Merchants Corporation to Report Fourth Quarter 2025 Financial Results, Host Conference Call and Webcast
First Merchants Corporation (NASDAQ: FRME) announced it will release fourth quarter 2025 financial results on January 26, 2026, followed by an earnings conference call and webcast on January 27, 2026 at 9:00 a.m. ET. The company also declared a cash dividend of $0.36 per common share payable on December 19, 2025.
The article is a routine earnings announcement and dividend declaration with no indication of positive or negative performance. It is a standard corporate disclosure providing information about upcoming financial results reporting and shareholder distributions.
PositiveBenzinga• Globe Newswire
First Merchants Corporation Announces Cash Dividend
First Merchants Corporation declared a cash dividend of $0.36 per common share, payable on December 19, 2025, to shareholders of record as of December 5, 2025.
The company is distributing a cash dividend to shareholders, which is typically viewed as a positive financial signal indicating stable earnings and shareholder value
PositiveBenzinga• Globe Newswire
First Merchants Corporation Announces Cash Dividend on Its Preferred Stock
First Merchants Corporation declared a quarterly cash dividend of $46.88 per share on its 7.50% Non-Cumulative Perpetual Preferred Stock Series A, payable on November 14, 2025, to stockholders of record on October 31, 2025.
Company is distributing a consistent cash dividend to preferred stockholders, indicating financial stability and commitment to shareholder returns
NeutralGlobeNewswire Inc.• Nicole M. Weaver
First Merchants Corporation to Report Third Quarter 2025 Financial Results, Host Conference Call and Webcast
First Merchants Corporation will release its Q3 2025 financial results on October 22, 2025, and host an earnings conference call and webcast on October 23, 2025.
Standard financial reporting announcement with no explicit positive or negative indicators
News and sentiment labels describe article tone and are provided for research purposes only. They are not trading recommendations or forecasts.
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