FRMEP NASDAQ Week ended 07 Aug 2026

Weekly Investor Report

First Merchants Corporation Depository Shares · Financial Services · Banks - Regional

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Latest close 25.15 USD
0.0% latest week
Weekly setup

Weak trend

The weekly trend is not active. Price is -0.5% below the Trend Line and sits at 52.0% of its 52-week range. The latest completed week returned 0.0%, after a -0.7% four-week move. The latest factor snapshot indicates quality is middle-of-the-pack; growth ranks weakly; valuation is inexpensive relative to peers. The latest news-sentiment score is 50/100. Near-term considerations: volume confirmation is below normal.

Setup score 46 out of 100
Latest Close 25.15 USD 7 Aug 2026
1W Return 0.0% latest completed week
4W Return -0.7% short-term follow-through
12W Return -0.2% quarterly tape
Trend Breadth 80.8% 42 of 52 weeks active
Volume Ratio 0.7x vs 13-week average
What is working
  • Price is above Fair Value, showing premium demand versus the model.
What could go wrong
  • The trend backdrop is inactive, so price action has not confirmed a constructive regime.
  • Price is below the Trend Line, which keeps downside pressure in focus.
  • Activity pressure is negative, which weakens the current setup.
  • Activity pressure is weak, so confirmation is not yet broad enough.
What to watch next
  • Trend Line remains the key weekly regime level.
  • Activity pressure is the gauge to monitor for confirmation or fade.
  • A volume ratio above 1.5x would show stronger participation in the next move.
Price follow-through 0.0% Latest completed week; four-week move -0.7%. Indicator stack 44/42 Trend and activity pressure are weighted against the latest 12-week confirmation window. Trend backdrop Active The trend backdrop defines the current weekly regime. Patient Capital Quiet Activity-pressure buy-signal status for institutional accumulation timing. News sentiment 50/100 50 relevant articles in the latest sentiment read.
01 · Price action

Where price is—and whether the trend supports it

The weekly trend is not active. Price is -0.5% below the Trend Line and sits at 52.0% of its 52-week range. The latest completed week returned 0.0%, after a -0.7% four-week move.

Study the full chart

52-week price path

Price vs Trend Line and Fair Value
Price Trend Line Fair Value
02 · Volume and demand

Is real participation confirming the move?

Latest weekly volume is 0.7x the 13-week average. Participation is below its recent norm, so price strength is not receiving full volume confirmation.

26-week volume confirmation

Bar height shows volume; colour shows the weekly price direction
13 Feb 20 Feb 27 Feb 6 Mar 13 Mar 20 Mar 27 Mar 3 Apr 10 Apr 17 Apr 24 Apr 1 May 8 May 15 May 22 May 29 May 5 Jun 12 Jun 19 Jun 26 Jun 3 Jul 10 Jul 17 Jul 24 Jul 31 Jul 7 Aug
Up week Down week
Demand beneath price

Activity pressure and institutional-style signals

These indicators assess whether participation is improving beneath the headline price move. They are supporting evidence, not proof of institutional buying.

Activity pressure path

Latest 0.3212-week average 0.59

12-week confirmation

Trend active2/12Active trend-backdrop weeks in the latest 12-week window.
Positive pressure0/12Weeks with constructive activity pressure in the latest 12-week window.
Positive leadership0/12Weeks with positive relative leadership in the latest 12-week window.
Activity pressure0.32Current proprietary activity-pressure read.
Buy signals0Accumulation signal count in the latest 12 weeks.
Reversal markers0No reversal markers

No recent accumulation markers. No reversal markers.

03 · Momentum and leadership

Is performance persistent—and is the stock leading?

Performance is -0.7% over four weeks, -0.2% over 12 weeks, and 5.4% over one year. The current trend has remained active for 0 consecutive weeks.

Performance by holding period

1W0.0%
4W-0.7%
12W-0.2%
26W-1.0%
52W5.4%
Active trend streak0 weeks
Active weeks in one year42
Trend breadth80.8%

Activity pressure vs relative leadership

Activity pressureRelative leadership
Pressure-0.56Latest activity-pressure read.
Pressure change22.3%Four-week change in activity pressure.
Leadership-12.19Latest relative-leadership reading.
RS change5.6%Four-week change in relative leadership.
04 · Fundamentals and valuation

What investors are paying for—and the quality behind it

The latest factor snapshot indicates quality is middle-of-the-pack; growth ranks weakly; valuation is inexpensive relative to peers.

Open full factor analysis
Factor week 09 Aug 2026 Financial statements through 31 Mar 2026 Field coverage 100% Model confidence 94%

Relative factor standing

Higher display scores are better. Each score is converted from the underlying universe rank, where rank 1 is best.

Overall factor strength84/100Blend of value, momentum, and quality. Underlying universe rank 17; rank 1 is best.
Value91/100Relative valuation strength. Underlying universe rank 10; rank 1 is best.
Quality73/100Profitability and accounting quality. Underlying universe rank 28; rank 1 is best.
Momentum21/100Medium-term price momentum. Underlying universe rank 80; rank 1 is best.
Growth11/100Revenue and earnings growth. Underlying universe rank 90; rank 1 is best.
How to read this

Quality and valuation are separate questions

A strong company can still carry a demanding valuation. This report shows profitability, growth, balance-sheet strength, and the price paid for those characteristics separately.

Value-quality framework56/100Value and quality alignment from the Sharemaestro SVQF framework.

Valuation

How much investors are paying for earnings, sales, and cash flow.

P/E
7.7x
Price divided by trailing earnings.
Price / sales
1.5x
Market value relative to trailing revenue.
EV / EBITDA
12.3x
Enterprise value relative to operating cash earnings.
Free-cash-flow yield
9.0%
Free cash flow as a share of enterprise value.

Business quality

Margins and the return generated on invested capital.

Gross margin
60.5%
Gross profit retained from each unit of revenue.
Operating margin
21.2%
Operating profit retained from revenue.
Free-cash-flow margin
26.7%
Free cash flow generated from revenue.
Return on invested capital
4.7%
Operating return generated on invested capital.

Growth and financial strength

Recent business growth and accounting strength.

Revenue growth
0.8%
Latest one-year revenue growth.
EPS growth
-4.8%
Latest one-year earnings-per-share growth.
Free-cash-flow growth
4.3%
Latest one-year free-cash-flow growth.
Piotroski F-score
8/9
Nine-point accounting-strength checklist.

Shareholder return and balance sheet

Cash returned to owners and financial leverage.

Dividend yield
7.5%
Cash dividends relative to market value.
Buyback yield
4.0%
Net share repurchases relative to market value.
Shareholder yield
11.5%
Dividend yield plus net buyback yield.
Net debt / EBITDA
6.1x
Balance-sheet debt relative to operating cash earnings.
05 · Ownership, options, and sentiment

What other market participants are doing

Options, insider transactions, market sentiment, and activity-pressure signals can confirm or challenge the price story. None should be used alone.

Insider activity12 / 8

12 acquisitions and 8 disposals in the latest 180-day insider tape.

Acquisitions / disposals over the latest 180 days. Insider activity is context, not a stand-alone signal.
News sentiment50/100

Weighted news tone is neutral across 50 relevant articles.

8 positive · 37 neutral · 5 negative
Patient CapitalQuiet

Activity-pressure buy-signal evidence highlights potential institutional accumulation windows.

No recent buy signal
06 · Catalysts and risk

What can move the shares—and how volatile the path has been

Event timing, options-implied movement, drawdown, and weekly return distribution frame the risk around the current setup.

Next earnings-No event is currently stored.
Options expected move-Nearest-chain priced movement where available.
52-week drawdown-5.1%Distance below the 52-week high.
13-week volatility0.8%Standard deviation of weekly returns.

Weekly gains and losses

Latest 26 completed weeks

Each bar is one week. Gains rise above the zero line; losses fall below it. Taller bars mean a larger weekly move.

Weeks higher10 of 2613 weeks finished lower.
Best week+2.7%Week of 27 Mar.
Worst week-3.0%Week of 13 Mar.
Latest week+0.0%Week of 7 Aug.

Shape of recent returns

Strong gains0
Modest gains10
Flat weeks3
Modest losses13
Sharp losses0
Recent vol0.8%13-week weekly-return volatility.
Base vol1.3%52-week weekly-return volatility.
Up/down split23/25Count of positive and negative weeks in the 52-week window.
Average skew1.2% / -0.9%Average positive week versus average negative week.
07 · Sector and peer context

Is this stock leading—or simply moving with its group?

Sector and industry breadth distinguish company-specific strength from a broad group move.

08 · Evidence and weekly data

The underlying research record

Every top-level statement above should be traceable to a stored market, fundamental, event, or positioning observation.

Weekly tape45/100

Trend, activity pressure, participation, and risk combine to a 45/100 tape read.

 Indicator analysis18/100

Latest 12-week confirmation: trend 2/12, activity pressure 0/12, relative leadership 0/12.

Activity pressure 0.32; No reversal markers Factors68/100

O'Shaughnessy factor stack blends value, quality, momentum, and confidence.

Buyback Yield rank 14; Small Cap Core rank 6 SVQF56/100

Value and quality alignment from the Sharemaestro SVQF framework.

Composite rank 316.0 of 718 Patient CapitalQuiet

Activity-pressure buy-signal evidence highlights potential institutional accumulation windows.

No recent buy signal Sentiment50/100

Weighted news tone is neutral across 50 relevant articles.

First Merchants (FRME) Stock Shrugs Off Credit Jolt As Problem Loans Climb Insiders12 / 8

12 acquisitions and 8 disposals in the latest 180-day insider tape.

 Earnings50/100

No stored earnings event is currently attached to this ticker.
WeekCloseReturnTrend LineFair ValuePressureLeadershipVolumeTrend
7 Aug 202625.15 USD0.0%25.27 USD22.99 USD-0.56-12.196.0KOff
31 Jul 202625.15 USD-1.3%25.26 USD22.96 USD-0.64-8.0332.3KOff
24 Jul 202625.48 USD1.3%25.25 USD22.92 USD-0.89-6.631.4KOff
17 Jul 202625.14 USD-0.7%25.23 USD22.89 USD-0.89-9.53605Off
10 Jul 202625.33 USD1.2%25.22 USD22.85 USD-0.72-12.91376Off
3 Jul 202625.03 USD-0.8%25.20 USD22.82 USD-0.72-12.701.0KOff
26 Jun 202625.24 USD0.8%25.20 USD22.78 USD-0.69-11.5313.1KOff
19 Jun 202625.05 USD-0.4%25.18 USD22.74 USD-0.89-16.459.1KOff
12 Jun 202625.15 USD0.4%25.19 USD22.71 USD-1.02-14.336.2KOff
5 Jun 202625.06 USD-0.2%25.18 USD22.67 USD-0.94-13.073.8KOff
29 May 202625.10 USD0.0%25.19 USD22.64 USD-0.66-17.203.2KOn
22 May 202625.10 USD-0.4%25.18 USD22.61 USD-0.28-15.274.9KOn
15 May 202625.20 USD-1.5%25.16 USD22.57 USD-0.12-14.3624.2KOn
8 May 202625.59 USD0.6%25.15 USD22.53 USD0.10-13.723.8KOn
How to use this report

This is a completed-week research summary. It explains the available evidence and its conflicts; it does not predict a guaranteed outcome or replace your own risk assessment. Fundamental figures may refer to an earlier financial reporting period, which is shown above.

Evidence context