Is FRME above its 150-day moving average?

FRME is currently above its 150-day moving average by 4.82%. The MA150 sits at $38.45.

What is FRME's RSI right now?

FRME's 14-period RSI is 52.2. This is in a neutral zone (30–70).

Is FRME's MACD bullish or bearish?

FRME's MACD histogram reads +0.0399. A positive histogram means short-term momentum is leaning bullish.

How are FRME's technical signals calculated?

Scanance computes FRME's technicals daily after market close from end-of-day OHLCV data. MA150 and MA200 are simple moving averages. RSI uses Wilder's 14-period smoothing. MACD uses 12/26/9 exponential moving averages. Volume ratio compares current volume to the 20-day average.

Scanance does not provide investment advice. The technical readouts on this page are pattern matches against deterministic indicator rules — they are not buy or sell recommendations. Always do your own research and consider consulting a licensed financial professional before making any trade.

FR

First Merchants Corporation

FRMEFinancial ServicesNASDAQ

Banks - Regional

PriceMA150MA200

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Financials · Annual

Revenue

$662.9M

+5.8% YoY

Net Income

$226.0M

+12.2% YoY

Scan Results

Daily timeframe

DateIndicatorDetails

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 $2.54B market capitalization puts FRME squarely in mid-cap range for its industry. 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.

Key stats

Market Cap$2.54B

P/E (TTM)11.89

Fwd P/E8.85

EPS$3.39

Beta0.87

52W Change+8.3%

Dividend Yield3.67%

ROE8.0%

Analysis

First Merchants Corporation carries $1.69B in total debt against $320.9M in cash reserves — debt is roughly 5.3x the cash position. Managing this leverage effectively will be important for long-term financial stability. ROE of 8.0% points to modest capital efficiency, indicating how much profit the company produces per dollar of shareholder equity. ROA of 1.0% is on the lower side, which is common in asset-heavy industries. Revenue has been relatively flat, moving from $628.1M (2022) to $662.9M (2025).

Debt significantly exceeds cash reserves, which means the company's financial flexibility could be constrained during economic downturns. These risk factors are not exhaustive — macroeconomic shifts, regulatory changes, and competitive dynamics can all influence First Merchants Corporation's trajectory.

Links

Company website ↗

First Merchants Corporation

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