FRME · First Merchants Corporation
$41.09
+1.01% last session
End-of-day data · close of 2026-10-26
Market cap
$3B
Enterprise value
$3B
Trailing P/E
12.8
Forward P/E
9.4
Dividend yield
4.0%
Beta
0.88
Avg volume
0M
Employees
2K
Daily Change %
1.01%
5 Days Change
0.64%
10 Days Change
3.76%
30 Days Change
0.93%
60 Days Change
-1.13%
Month to Day Change
3.82%
Year to Day Change
12.69%
Analyst Outlook
Analyst estimates change daily — follow the shifts on the Estimate Trends page.
Technical Analysis
Analyst sentiment over time — FRME
Rec Mean (blue, left — higher = more bullish) vs. price targets (right).
Investment Bank Ratings as of 2026-10-06
Latest call per bank · past 12 months
Recent rating actions
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-10-06 | Raymond James | Upgrade | Market Perform → Outperform | $0.00 → $46.00 |
| 2026-10-05 | Piper Sandler | Maintains | Overweight | $51.00 → $46.00 |
| 2026-06-26 | Piper Sandler | Maintains | Overweight | $49.00 → $51.00 |
| 2026-02-04 | Piper Sandler | Maintains | Overweight | $46.00 → $49.00 |
| 2025-10-27 | Piper Sandler | Maintains | Overweight | $48.00 → $46.00 |
Ratings and price targets are the published opinions of the issuing banks, compiled from Yahoo Finance rating actions — not investment advice.
Signal Summary as of 2026-10-26
- neutral: RSI (14): RSI is 60 — neutral momentum, neither overbought nor oversold.
- bullish: Price vs 50-day MA: Trading 1.1% above the 50-day MA ($40.66).
- bullish: Price vs 200-day MA: Trading 2.4% above the 200-day MA ($40.12).
- bullish: MA cross: The 50-day MA sits above the 200-day MA (golden-cross regime) — the longer-term trend points up.
- bullish: MACD (12,26,9): MACD histogram is positive (+0.26) — short-term momentum is improving.
- neutral: 52-week range: Price sits between the 52-week low ($33.72) and high ($44.83).
FRME Price Chart
Loading chart for FRME…
Fundamentals
About First Merchants Corporation
First Merchants Corporation operates as the financial holding company for First Merchants Bank that provides commercial and consumer banking services. The company offers a range of financial services, including checking, savings, and deposit products; debit and credit cards; mortgages, refinance, construction or renovation of residential properties, agricultural lending, treasury management services and depository products. It also provides personal and commercial wealth management services, brokerage, investment management, private banking, fiduciary estate, and financial planning services. The company operates banking locations in Indiana, Ohio, and Michigan counties. It offers its services through electronic and mobile delivery channels. First Merchants Corporation was founded in 1893 and is headquartered in Muncie, Indiana.
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Data is sourced from end-of-day snapshots and refreshed daily before the US market open — nothing on this page is real-time. Figures can contain vendor errors. This page is for information only and is not investment advice.