First Merchants Corp FRME
$
Relative Strength Index (RSI)
- The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. It is typically used to identify overbought or oversold conditions in financial markets.
- The RSI is calculated using the following formula:
RSI = 100 - (100 / (1 + RS))
Where RS is the ratio of the average gains to the average losses over a specified period.
- The default time period used is 14 days.
- RSI values range between 0 and 100.
RSI values above 70 are considered overbought (indicating a potentially opportune time to sell)
RSI values below 30 are considered oversold (indicating a potentially opportune time to buy)
RSI is not a perfect indicator and should be used in conjunction with other technical analysis tools, this is for informational purposes only and is not a substitute for professional financial advice.
Key Insights
First Merchants Corp (FRME) Core Market Data and Business Metrics
Latest Closing Price
$40.11Price-Earnings Ratio
11.76Total Outstanding Shares
58.54 Million SharesDividend
$0.35 Per Share QuarterlySIC Description
National Commercial BanksPrimary Exchange
NASDAQHeadquarters
200 E Jackson St, Muncie, IN, 47308-0792
Historical Stock Splits
| Execution Date | Split Amount |
|---|---|
| No Historical Stock Splits | |
Short Interest
Track Short Interest Levels to Gauge Bearish Market Sentiment and Short Squeeze Potential
| Avg Daily Volume | Days to Cover | Settlement Date | Short Interest |
|---|---|---|---|
| 263,397 Shares | 1.99 | 3/14/2025 | 523,487 Shares |
| 218,977 Shares | 1.93 | 2/28/2025 | 423,142 Shares |
| 242,187 Shares | 1.34 | 2/14/2025 | 324,433 Shares |
| 253,343 Shares | 1.6 | 1/31/2025 | 405,769 Shares |
| 197,796 Shares | 3.04 | 1/15/2025 | 601,667 Shares |
| 281,454 Shares | 2.04 | 12/31/2024 | 573,608 Shares |
Cash Flow Statement
January 1, 2024 to December 31, 2024
| Metric | Value |
|---|---|
| Net Cash Flow From Financing Activities | $-38.82 Million |
| Net Cash Flow From Investing Activities, Continuing | $-252.42 Million |
| Net Cash Flow From Investing Activities | $-252.42 Million |
| Net Cash Flow From Operating Activities | $266.21 Million |
| Net Cash Flow From Financing Activities, Continuing | $-38.82 Million |
| Net Cash Flow From Operating Activities, Continuing | $266.21 Million |
Income Statement
January 1, 2024 to December 31, 2024
| Metric | Value |
|---|---|
| Noninterest Expense | $379.27 Million |
| Benefits Costs and Expenses | $716.28 Million |
| Net Income/Loss | $201.40 Million |
| Interest Income/Expense After Provision For Losses | $485.41 Million |
| Income Tax Expense/Benefit | $30.33 Million |
| Diluted Average Shares | $58.53 Million |
Comprehensive Income
January 1, 2024 to December 31, 2024
| Metric | Value |
|---|---|
| Other Comprehensive Income/Loss | $-12.71 Million |
| Comprehensive Income/Loss | $188.69 Million |
| Other Comprehensive Income/Loss Attributable To Parent | $-12.71 Million |
| Comprehensive Income/Loss Attributable To Parent | $188.69 Million |
| Comprehensive Income/Loss Attributable To Noncontrolling Interest | $0 |
Balance Sheet
January 1, 2024 to December 31, 2024
| Metric | Value |
|---|---|
| Equity Attributable To Parent | $2.30 Billion |
| Assets | $18.31 Billion |
| Current Liabilities | $16.01 Billion |
| Noncurrent Assets | $0 |
| Noncurrent Liabilities | $0 |
| Liabilities And Equity | $18.31 Billion |
Historical Dividends
Current dividend: $0.35 Per Share Quarterly
| Announcement Date | Payment Date | Record Date | Amount | Frequency |
|---|---|---|---|---|
| Feb 7, 2025 | Mar 21, 2025 | Mar 7, 2025 | $0.35 | Quarterly |
| Nov 13, 2024 | Dec 20, 2024 | Dec 6, 2024 | $0.35 | Quarterly |
| Aug 16, 2024 | Sep 20, 2024 | Sep 6, 2024 | $0.35 | Quarterly |
| May 7, 2024 | Jun 21, 2024 | Jun 7, 2024 | $0.35 | Quarterly |
| Feb 6, 2024 | Mar 15, 2024 | Mar 1, 2024 | $0.34 | Quarterly |
| Nov 9, 2023 | Dec 15, 2023 | Dec 1, 2023 | $0.34 | Quarterly |