First Merchants Corporation

Fundamentals6.0
Price Action6.0
News Sentiment5.0
AI Rating
6.0

Key Drivers

  • Solid ROE
  • Elevated leverage
  • Dividend coverage

AI
AI Summary

6.0

FRME should now be viewed as a “show-me” earnings story rather than a reliable dividend proxy: the bank's solid liquidity and franchise quality are outweighed near term by NII/margin pressure and a rising payout ratio, so Q2 2026 needs to show clear earnings stabilization before the current rally is confirmed.

EarningsRisk
RatePressure
Dividend‍

Price Chart

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Financial Metrics

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Revenue (TTM)
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Net Income (TTM)
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EPS (Q)
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MCAP

Deep Analysis

Research tool. Not personalized advice.

Fundamental Analysis

6.0

Key Financial Insights:

  • Solid ROE
  • Elevated leverage
  • Dividend coverage

FRME shows solid profitability, dividend support, and ample liquidity at a reasonable valuation, but elevated leverage, weaker Q1 earnings, and rising payout pressure temper the investment case.

Profitable
Leveraged

Price Behavior

6.0
Research tool. Not personalized advice. Technical analysis is for informational purposes only.

Key Price Behavior Insights:

  • Higher highs
  • Support holding
  • Near-term pullback

FRME has been in a strong last month uptrend from $38.54 to $44.29, but the pullback to $43.44 after the new high signals short-term fatigue as $43.30-$43.70 support and $44.29 resistance define the near-term range.

bullish
pullback
Support Level: $43.30-$43.70
Resistance Level: $44.29

New high at $44.29 followed by a pullback to $43.44 suggests mild profit-taking

Sentiment & News

5.0

Key News Insights:

  • Dividend appeal
  • Shareholder activity
  • Earnings catalyst

First Merchants is drawing attention for its dividend appeal and community-focused growth plans, while an upcoming Q2 earnings report may provide the clearest read on near-term performance.

Dividend
Earnings

The stock could stay range-bound until the July 22 earnings release clarifies whether operational momentum supports its income-story valuation