Based on the key indicators related to First Merchants' liquidity, profitability, solvency, and operating efficiency, First Merchants may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. At this time, First Merchants' Net Debt is relatively stable compared to the past year. As of 01/29/2026, Retained Earnings is likely to grow to about 1.5 B, while Other Current Assets are likely to drop slightly above 820.6 M.
Cash Flow Balance Sheet Income Statement
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First Merchants Balance Sheet Chart
At this time, First Merchants' Net Debt is relatively stable compared to the past year. As of 01/29/2026, Retained Earnings is likely to grow to about 1.5 B, while Other Current Assets are likely to drop slightly above 820.6 M.
The financial analysis of First Merchants is a critical element in measuring its lifeblood. Investors should not minimize First Merchants' ability to pay suppliers or employees on time, ensuring interest payments are not accumulating.
Understanding current and past First Merchants Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of First Merchants' financial statements are interrelated, with each one affecting the others. For example, an increase in First Merchants' assets may result in an increase in income on the income statement.
First Merchants competes with Merchants Bancorp, 1st Source, Lakeland Financial, First Commonwealth, and ST Bancorp. First Merchants Corporation operates as the financial holding company for First Merchants Bank that provides community banking services. First Merchants Corporation was founded in 1893 and is headquartered in Muncie, Indiana. First Merchants operates under BanksRegional classification in the United States and is traded on NASDAQ Exchange. It employs 1821 people.
The reason investors look at the income statement is to determine what First Merchants' earnings per share (EPS) will be in order to see if they want to buy more shares or not. For example, if a company earned $20 million in the last quarter and has 100,000 shares outstanding, its EPS is 20 cents. If you find that this number beats analysts' forecasts or is higher than it was from the same period last year, then you might want to buy more of this stock even though its price per share may not have changed.
Comparative valuation techniques use various fundamental indicators to help in determining First Merchants's current stock value. Our valuation model uses many indicators to compare First Merchants value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across First Merchants competition to find correlations between indicators driving First Merchants's intrinsic value. More Info.
First Merchants is rated below average in return on equity category among its peers. It also is rated below average in return on asset category among its peers reporting about 0.13 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for First Merchants is roughly 7.83 . At this time, First Merchants' Return On Equity is relatively stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value First Merchants by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.
Most indicators from First Merchants' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into First Merchants current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Merchants. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing.
Today, most investors in First Merchants Stock are looking for potential investment opportunities by analyzing not only static indicators but also various First Merchants' growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of First Merchants growth as a starting point in their analysis.
First Merchants January 29, 2026 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of First Merchants help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of First Merchants. We use our internally-developed statistical techniques to arrive at the intrinsic value of First Merchants based on widely used predictive technical indicators. In general, we focus on analyzing First Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build First Merchants's daily price indicators and compare them against related drivers.
When running First Merchants' price analysis, check to measure First Merchants' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy First Merchants is operating at the current time. Most of First Merchants' value examination focuses on studying past and present price action to predict the probability of First Merchants' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move First Merchants' price. Additionally, you may evaluate how the addition of First Merchants to your portfolios can decrease your overall portfolio volatility.