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First Merchants Corporation (FRMEP)

Financial Services | Banks - Regional | Muncie, United States | NasdaqGS
25.80 USD

Short-term:★★⯪☆☆Long-term:★★⯪☆☆Dividends:★★★☆☆
Hot Take | July 11, 2026, 5:18 a.m. EDT

The immediate outlook is flat due to a mix of conflicting signals. While the statistical model predicts a slight dip over the next 45 days, the price action over the last two weeks shows resilience, trading near the upper end of its 52-week range despite a lack of volume. However, the underlying business fundamentals are deteriorating; earnings growth has plummeted nearly 50%, and revenue is shrinking. This weakness is reflected in the multi-year price trajectory, which is down roughly 7% over the last four years, even though the most recent annual comparison was slightly positive. The stock trades at a deep discount to book value, suggesting the market has already priced in significant distress, but the lack of a clear turnaround story prevents a bullish rating. On the income side, the company offers a robust 7.3% yield that has been perfectly consistent for five years, providing a floor for investors who can stomach the capital appreciation risks.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
MSTL_70 ✓0.020472
AutoTheta0.021620
MSTL_70_1150.021706
AutoETS0.021722
MSTL0.022289
AutoARIMA0.022390
MSTL_1150.023061

Forecast horizon: 60 days | Selected: MSTL_70

Forecast Reliability
Score 66%
H-stat 3.57
Ljung-Box p 0.000
Jarque-Bera p 0.083
Excess Kurtosis -1.36
Attribute Value
Sector Financial Services
Ex Dividend Date 2026-04-29
Last Dividend Date 2026-04-29
Revenue per Share 10.969
Trailing P/E 6.77
Beta 0.85
Profit Margins 31.17%
Website https://www.firstmerchants.com

Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
1.85% 7.35% 7.42% 7.31%
Dividend History
Date Dividend Yield %
2026-04-30 0.469 1.846457
2026-01-30 0.469 1.824903
2025-10-31 0.469 1.814313
2025-07-30 0.469 1.865553
2025-04-30 0.469 1.825826
2025-01-31 0.469 1.843843
2024-10-31 0.469 1.811300
2024-07-30 0.469 1.848932
2024-04-29 0.469 1.876000
2024-01-30 0.469 1.861850
2023-10-30 0.469 1.931631
2023-07-28 0.469 1.907667
2023-04-27 0.469 1.958246
2023-01-30 0.469 1.790076
2022-10-28 0.469 1.845730
2022-07-28 0.469 1.812210
2022-04-28 0.469 1.769544
2022-01-28 0.469 1.729989
2021-10-28 0.469 1.694364
2021-07-29 0.469 1.693141
2021-04-29 0.469 1.723694
2021-01-28 0.469 1.785986
2020-10-29 0.479 1.900794
Additional Data
dividendRate 1.88
dividendYield 7.27
exDividendDate 2026-04-30
trailingAnnualDividendRate 1.44
trailingAnnualDividendYield 0.055813957
lastDividendValue 0.469
lastDividendDate 2026-04-30
dividendDate 2026-05-15

Info Dump

Attribute Value
52 Week Change 0.015748024
Address1 200 East Jackson Street
All Time High 29.54
All Time Low 21.635
Ask 26.15
Ask Size 2
Average Daily Volume10 Day 130
Average Daily Volume3 Month 1,314
Average Volume 1,314
Average Volume10Days 130
Beta 0.848
Bid 25.55
Bid Size 1
Book Value 42.354
City Muncie
Compensation As Of Epoch Date 1,767,139,200
Country United States
Crypto Tradeable 0
Currency USD
Current Price 25.8
Custom Price Alert Confidence HIGH
Date Short Interest 1,782,777,600
Day High 25.8
Day Low 25.8
Display Name First Merchants
Dividend Date 1,778,803,200
Dividend Rate 1.88
Dividend Yield 7.27
Earnings Call Timestamp End 1,745,506,800
Earnings Call Timestamp Start 1,745,506,800
Earnings Growth -0.521
Earnings Quarterly Growth -0.491
Earnings Timestamp End 1,753,705,800
Earnings Timestamp Start 1,753,273,800
Ebitda Margins 0.0
Enterprise To Revenue 4.738
Enterprise Value 3,021,860,608
Eps Trailing Twelve Months 3.81
Esg Populated 0
Ex Dividend Date 1,777,507,200
Exchange NMS
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 25.37072
Fifty Day Average Change 0.42927933
Fifty Day Average Change Percent 0.016920267
Fifty Two Week Change Percent 1.5748024
Fifty Two Week High 27.09
Fifty Two Week High Change -1.2900009
Fifty Two Week High Change Percent -0.047619082
Fifty Two Week Low 24.73
Fifty Two Week Low Change 1.0699997
Fifty Two Week Low Change Percent 0.043267276
Fifty Two Week Range 24.73 - 27.09
Financial Currency USD
First Trade Date Milliseconds 1,597,757,400,000
Float Shares 61,870,685
Full Exchange Name NasdaqGS
Full Time Employees 2,086
Gmt Off Set Milliseconds -14,400,000
Gross Margins 0.0
Gross Profits 637,811,008
Has Pre Post Market Data 1
Held Percent Insiders 0.0
Held Percent Institutions 7.112
Industry Banks - Regional
Industry Disp Banks - Regional
Industry Key banks-regional
Ipo Expected Date 2,022-04-01
Ir Website https://www.firstmerchants.com/InvestorRelations
Is Earnings Date Estimate 0
Language en-US
Last Dividend Date 1,777,507,200
Last Dividend Value 0.469
Last Fiscal Year End 1,767,139,200
Long Business Summary 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.
Long Name First Merchants Corporation
Market us_market
Market State PRE
Max Age 86,400
Message Board Id finmb_272220
Most Recent Quarter 1,774,915,200
Net Income To Common 196,943,008
Next Fiscal Year End 1,798,675,200
Open 25.8
Operating Cashflow 280,536,992
Operating Margins 0.22584999
Phone 765 747 1500
Previous Close 25.8
Price Hint 2
Price To Book 0.6091514
Profit Margins 0.31172
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key none
Region US
Regular Market Change 0.0
Regular Market Change Percent 0.0
Regular Market Day High 25.8
Regular Market Day Low 25.8
Regular Market Day Range 25.8 - 25.8
Regular Market Open 25.8
Regular Market Previous Close 25.8
Regular Market Price 25.8
Regular Market Time 1,783,540,800
Regular Market Volume 5
Return On Assets 0.01006
Return On Equity 0.079450004
Revenue Growth -0.025
Revenue Per Share 10.969
Sand P52 Week Change 0.20847368
Sector Financial Services
Sector Disp Financial Services
Sector Key financial-services
Shares Short 23
Shares Short Previous Month Date 1,780,012,800
Shares Short Prior Month 2,016
Short Name First Merchants Corporation - D
Short Ratio 4.43
Source Interval 15
State IN
Symbol FRMEP
Total Cash 320,934,016
Total Cash Per Share 5.092
Total Debt 1,691,682,944
Total Revenue 637,811,008
Tradeable 0
Trailing Annual Dividend Rate 1.44
Trailing Annual Dividend Yield 0.055813957
Trailing Eps 3.81
Trailing P E 6.7716537
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 25.728895
Two Hundred Day Average Change 0.07110405
Two Hundred Day Average Change Percent 0.0027635873
Type Disp Equity
Volume 5
Website https://www.firstmerchants.com
Zip 47,305-2814