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First Merchants Corp

NASDAQ • Financial Services • Banks - Regional • Quote as of 10/23/2026
First Merchants Corp stock price and volume chart

Company Profile

IndustryBanks - Regional
SectorFinancial Services
ExchangeNASDAQ
Market Capitalization2,563.55 mln
Float61.44 mln
Earnings Date01/28/2027

EPS

3.22
Solid

P / E

12.63
Fair value

Piotroski F-Score

5 / 9
Neutral

Relative Strength

87 / 100
Strongly outperforming

Debt / Equity

0.45
Low leverage

Pre-Tax Margin

31%
Strong margin

Business Description

Founded over a century ago and based in Muncie, Indiana, First Merchants Corporation is the parent company of First Merchants Bank, serving customers across Indiana, Ohio, and Michigan. The bank handles everyday financial needs such as checking accounts, savings products, mortgages, and lending for both individuals and businesses, while also offering treasury management and agricultural financing. Clients seeking to grow and protect their wealth can access investment management, private banking, estate planning, and fiduciary services. Banking is made convenient through physical branch locations as well as online and mobile platforms.

Key Fundamentals

EPS3.22
P/E12.63
ROE7.66
RPS11.15
ROIC1.19
ROA0.97
Interest Cover0.55
EBITDA, mln293
EV / EBITDA12.61
EV / EBIT13.86
Revenue, mln720
EV / Revenue5.13

Quote Details

Last 40.68
Change -0.15 (-0.37%)
Open 40.67
Volume 417,114
Turnover 16,968,198
Average Volume 477,511

Financial Ratios

Pre-Tax Profit Margin31
Leverage Ratio7.99
Current Ratio0.21
Price / Book0.97
Price / Tangible Book1.42
Price / Cash Flow8.09
Price / Free Cash Flow7.72
Debt / Equity0.45
Price / Sales3.44
PEG Ratio4.55

Financial Strength

Piotroski F-Score 5 / 9
Price to Intrinsic Value0.55
Price to Lynch Fair Value2.40
Price to Graham Number1.10
Shiller PE Ratio10.68
Short Ratio4.85
Short % of Float4.39

Price Performance & Relative Strength

Period Price Performance Relative Strength
1 Week 2.73% 82 / 100   
1 Month 0.47% 71 / 100   
2 Months -7.4% 36 / 100   
6 Months 4.63% 71 / 100   
1 Year 15.34% 74 / 100   



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