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First Merchants Corp

NASDAQ • Financial Services • Banks - Regional • Quote as of 05/22/2026
First Merchants Corp stock price and volume chart

Company Profile

IndustryBanks - Regional
SectorFinancial Services
ExchangeNASDAQ
Market Capitalization2,535.4 mln
Float61.83 mln
Earnings Date07/28/2026

EPS

3.39
Solid

P / E

11.84
Fair value

Piotroski F-Score

9 / 9
Exceptional

Beneish M-Score

-2.45
Borderline

1-Year Forecast

47.60
Attractive

Relative Strength

44 / 100
Slightly lagging

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

EPS3.39
P/E11.84
ROE8.13
RPS11.31
ROA1.04
Revenue, mln660
EV / Revenue4.72

Financial Strength

Piotroski F-Score 9 / 9
Beneish M-Score-2.45
Price to Graham Number0.84
1-Year Target Price47.60
Shiller PE Ratio10.81
Short Ratio2.81
Short % of Float1.88

Price Performance & Relative Strength

Period Price Performance Relative Strength
1 Week 2.66% 72 / 100   
1 Month 1.11% 56 / 100   
2 Months -3.65% 31 / 100   
6 Months 15.71% 71 / 100   
1 Year 10.4% 50 / 100   



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