First Merchants Stock Market Value

FRME Stock  USD 39.64  0.31  0.79%   
First Merchants' market value is the price at which a share of First Merchants trades on a public exchange. It measures the collective expectations of First Merchants investors about its performance. First Merchants is trading at 39.64 as of the 24th of January 2026, a 0.79% increase since the beginning of the trading day. The stock's lowest day price was 39.3.
With this module, you can estimate the performance of a buy and hold strategy of First Merchants and determine expected loss or profit from investing in First Merchants over a given investment horizon. Check out First Merchants Correlation, First Merchants Volatility and First Merchants Alpha and Beta module to complement your research on First Merchants.
For information on how to trade First Stock refer to our How to Trade First Stock guide.
Symbol

Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of First Merchants. If investors know First will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about First Merchants listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.168
Dividend Share
1.42
Earnings Share
4
Revenue Per Share
11.265
Quarterly Revenue Growth
0.072
The market value of First Merchants is measured differently than its book value, which is the value of First that is recorded on the company's balance sheet. Investors also form their own opinion of First Merchants' value that differs from its market value or its book value, called intrinsic value, which is First Merchants' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because First Merchants' market value can be influenced by many factors that don't directly affect First Merchants' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between First Merchants' value and its price as these two are different measures arrived at by different means. Investors typically determine if First Merchants is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, First Merchants' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

First Merchants 'What if' Analysis

In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to First Merchants' stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of First Merchants.
0.00
10/26/2025
No Change 0.00  0.0 
In 3 months and 1 day
01/24/2026
0.00
If you would invest  0.00  in First Merchants on October 26, 2025 and sell it all today you would earn a total of 0.00 from holding First Merchants or generate 0.0% return on investment in First Merchants over 90 days. First Merchants is related to or competes with First Financial, Banner, Enterprise Financial, Hilltop Holdings, First Busey, First Bancorp, and NBT Bancorp. First Merchants Corporation operates as the financial holding company for First Merchants Bank that provides community b... More

First Merchants Upside/Downside Indicators

Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure First Merchants' stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess First Merchants upside and downside potential and time the market with a certain degree of confidence.

First Merchants Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for First Merchants' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as First Merchants' standard deviation. In reality, there are many statistical measures that can use First Merchants historical prices to predict the future First Merchants' volatility.
Hype
Prediction
LowEstimatedHigh
38.2239.6441.06
Details
Intrinsic
Valuation
LowRealHigh
35.6844.4945.91
Details
Naive
Forecast
LowNextHigh
39.3640.7842.20
Details
6 Analysts
Consensus
LowTargetHigh
41.5045.6050.62
Details

First Merchants January 24, 2026 Technical Indicators

First Merchants Backtested Returns

At this point, First Merchants is very steady. First Merchants secures Sharpe Ratio (or Efficiency) of 0.11, which denotes the company had a 0.11 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for First Merchants, which you can use to evaluate the volatility of the firm. Please confirm First Merchants' Mean Deviation of 1.06, coefficient of variation of 794.29, and Downside Deviation of 1.18 to check if the risk estimate we provide is consistent with the expected return of 0.15%. First Merchants has a performance score of 8 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.52, which means possible diversification benefits within a given portfolio. As returns on the market increase, First Merchants' returns are expected to increase less than the market. However, during the bear market, the loss of holding First Merchants is expected to be smaller as well. First Merchants right now shows a risk of 1.42%. Please confirm First Merchants semi variance, and the relationship between the maximum drawdown and accumulation distribution , to decide if First Merchants will be following its price patterns.

Auto-correlation

    
  0.17  

Very weak predictability

First Merchants has very weak predictability. Overlapping area represents the amount of predictability between First Merchants time series from 26th of October 2025 to 10th of December 2025 and 10th of December 2025 to 24th of January 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of First Merchants price movement. The serial correlation of 0.17 indicates that over 17.0% of current First Merchants price fluctuation can be explain by its past prices.
Correlation Coefficient0.17
Spearman Rank Test0.03
Residual Average0.0
Price Variance0.38

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When determining whether First Merchants is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if First Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about First Merchants Stock. Highlighted below are key reports to facilitate an investment decision about First Merchants Stock:
Check out First Merchants Correlation, First Merchants Volatility and First Merchants Alpha and Beta module to complement your research on First Merchants.
For information on how to trade First Stock refer to our How to Trade First Stock guide.
You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
First Merchants technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of First Merchants technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of First Merchants trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...