First Merchants Corporation (FRME)
FRME moved a median of +0.03% 30 minutes after news, and +0.13% by the close. How FRME actually reacts to news — the realized, point-in-time move the market made, measured across 467 labeled events over the last three years with zero look-ahead.
FRME’s median reaction, across the day.
| Horizon | Median | % positive | Events |
|---|---|---|---|
| 5-min | +0.02% | 52% | 456 |
| 30-min | +0.03% | 52% | 467 |
| 60-min | +0.05% | 53% | 467 |
| to close | +0.13% | 59% | 467 |
| Middle 50% of FRME reactions | -0.29% to +0.33% |
|---|---|
| Median reaction (30-min) | +0.03% |
| Measured reactions | 467 |
Half of all First Merchants Corporation news events land between -0.29% and +0.33% at 30 minutes.
Reaction stats as of 2026-09-21. Newest measured event . Reaction = percent move vs. the price at the news timestamp.
How FRME reacts, by analyst action.
| Event | Events | Median 30-min | % positive | Median to close |
|---|---|---|---|---|
| Analyst upgrades | 12 | -0.23% | 42% | -0.12% |
| Analyst downgrades | 11 | +0.47% | 73% | -1.32% |
| Rating reiterations | 31 | +0.05% | 55% | -0.54% |
Last 3 years, pulled 2026-09-21. Reaction = percent move vs. the price at the news timestamp. Counts and medians only. The same measurement runs across every name in the dataset. 3 further classes were observed with fewer than 10 measured events and are not published. See how FRME ranks against every other measured name →
That’s how FRME usually reacts — get an email when it moves on news →Email me when FRME moves on news.
One email per qualifying move — the headline, the measured reaction, and how it compares to FRME's baseline. Nothing else.
Recent FRME events, each with its measured reaction.
| Date | Headline | Event | Source | 5-min | To close |
|---|---|---|---|---|---|
| First Merchants Corporation Announces Cash Dividend on Its Preferred Stock | Press release | GlobeNewswire | +0.00% | +0.30% | |
| Form 13F-HR FIRST MERCHANTS CORP For: Sep 30 | SEC filing · Form 13F-HR | SEC EDGAR | -0.13% | +0.15% | |
| Form 8-K FIRST MERCHANTS CORP For: Oct 15 | SEC filing · Form 8-K | SEC EDGAR | -0.01% | +0.30% | |
| First Merchants Bank CEO Mark Hardwick to retire at the end of 2026 and President Mike Stewart to become President and CEO | Press release | GlobeNewswire | +0.20% | +1.05% | |
| Form 8-K FIRST MERCHANTS CORP For: Oct 01 | SEC filing · Form 8-K | SEC EDGAR | +0.20% | +1.05% | |
| First Merchants Corporation to Report Third Quarter 2026 Financial Results, Host Conference Call and Webcast | Press release | GlobeNewswire | -0.08% | +0.38% | |
| Form 8-K FIRST MERCHANTS CORP For: Sep 25 | SEC filing · Form 8-K | SEC EDGAR | +0.02% | -0.42% | |
| Form 8-K FIRST MERCHANTS CORP For: Sep 23 | SEC filing · Form 8-K | SEC EDGAR | -0.03% | +0.51% | |
| First Merchants Corporation Announces Pricing of Subordinated Notes Offering | Press release | GlobeNewswire | -0.03% | +0.51% | |
| Form 305B2 FIRST MERCHANTS CORP | SEC filing · Form 305B2 | SEC EDGAR | -0.32% | -1.50% | |
| Form S-3ASR FIRST MERCHANTS CORP | SEC filing · Form S-3ASR | SEC EDGAR | +0.00% | -1.02% | |
| First Merchants Corporation Announces Cash Dividend | Press release | GlobeNewswire | +0.00% | -0.25% | |
| Form 8-K FIRST MERCHANTS CORP For: Aug 14 | SEC filing · Form 8-K | SEC EDGAR | +0.00% | -0.25% | |
| Form 10-Q FIRST MERCHANTS CORP For: Jun 30 | SEC filing · Form 10-Q | SEC EDGAR | +0.18% | -0.07% | |
| Form N-PX FIRST MERCHANTS CORP For: Jun 30 | SEC filing · Form N-PX | SEC EDGAR | +0.67% | +0.12% | |
| First Merchants Corporation Announces Second Quarter 2026 Results | Press release | GlobeNewswire | +4.07% | +5.78% | |
| Form 8-K FIRST MERCHANTS CORP For: Jul 22 | SEC filing · Form 8-K | SEC EDGAR | +4.07% | +5.78% | |
| Form 13F-HR FIRST MERCHANTS CORP For: Jun 30 | SEC filing · Form 13F-HR | SEC EDGAR | +0.89% | +3.31% | |
| First Merchants Corporation Announces Cash Dividend on its Preferred Stock | Press release | GlobeNewswire | +0.18% | +0.00% | |
| Form 8-K FIRST MERCHANTS CORP For: Jul 13 | SEC filing · Form 8-K | SEC EDGAR | +0.18% | +0.00% | |
| First Merchants Corporation to Report Second Quarter 2026 Financial Results, Host Conference Call and Webcast | Press release | GlobeNewswire | +0.09% | -1.61% | |
| Form 8-K FIRST MERCHANTS CORP For: Jul 01 | SEC filing · Form 8-K | SEC EDGAR | +0.77% | +0.28% | |
| First Merchants Bank and NCRC Announce New $2 Billion Community Benefits Agreement to Expand Impact Across the Midwest | Press release | GlobeNewswire | +0.02% | +0.56% | |
| Form 8-K FIRST MERCHANTS CORP For: Jun 24 | SEC filing · Form 8-K | SEC EDGAR | +0.41% | +1.17% | |
| Form 11-K FIRST MERCHANTS CORP For: Dec 31 | SEC filing · Form 11-K | SEC EDGAR | +0.70% | +1.52% | |
| First Merchants Bank Recognized on Forbes’ World’s Best Banks 2026 List | Press release | GlobeNewswire | -0.05% | +0.55% | |
| Form 8-K FIRST MERCHANTS CORP For: May 19 | SEC filing · Form 8-K | SEC EDGAR | -0.44% | +0.75% | |
| First Merchants Corporation Announces Cash Dividend | Press release | GlobeNewswire | +0.13% | +0.03% | |
| First Merchants Corporation Appoints Paul Fultz to Its Boards of Directors | Press release | GlobeNewswire | -0.47% | +1.39% | |
| Form 8-K FIRST MERCHANTS CORP For: May 19 | SEC filing · Form 8-K | SEC EDGAR | +0.04% | -0.14% | |
| Form 10-Q FIRST MERCHANTS CORP For: Mar 31 | SEC filing · Form 10-Q | SEC EDGAR | +0.17% | -0.30% | |
| First Merchants Corporation Announces First Quarter 2026 Results | Press release | GlobeNewswire | +0.40% | +0.35% | |
| Form 8-K FIRST MERCHANTS CORP For: Apr 22 | SEC filing · Form 8-K | SEC EDGAR | +0.40% | +0.35% | |
| First Merchants Corporation Announces Cash Dividend on Its Preferred Stock | Press release | GlobeNewswire | +0.10% | +1.58% | |
| Form 13F-HR FIRST MERCHANTS CORP For: Mar 31 | SEC filing · Form 13F-HR | SEC EDGAR | +0.10% | +1.58% | |
| Form 8-K FIRST MERCHANTS CORP For: Apr 16 | SEC filing · Form 8-K | SEC EDGAR | +0.10% | +1.58% | |
| Form DEF 14A FIRST MERCHANTS CORP For: May 19 | SEC filing · Form DEF | SEC EDGAR | -0.03% | +1.47% | |
| First Merchants Corporation to Report First Quarter 2026 Financial Results, Host Conference Call and Webcast | Press release | GlobeNewswire | -0.01% | +1.60% | |
| First Merchants Bank Selects Spiral to Power Personalized Savings and Community Giving Through Everyday Banking | Press release | Business Wire | -0.31% | +0.23% | |
| Form 10-K FIRST MERCHANTS CORP For: Dec 31 | SEC filing · Form 10-K | SEC EDGAR | -0.13% | +0.33% | |
| First Merchants Corporation Announces Cash Dividend | Press release | GlobeNewswire | +0.32% | -0.07% | |
| Form 8-K FIRST MERCHANTS CORP For: Feb 10 | SEC filing · Form 8-K | SEC EDGAR | -0.05% | -0.43% | |
| First Merchants Corporation Appoints Larry Myers to Its Board of Directors | Press release | GlobeNewswire | +0.02% | -0.71% | |
| Form 8-K FIRST MERCHANTS CORP For: Feb 09 | SEC filing · Form 8-K | SEC EDGAR | +0.01% | -0.73% | |
| Form 8-K FIRST MERCHANTS CORP For: Feb 03 | SEC filing · Form 8-K | SEC EDGAR | -0.64% | -0.57% | |
| First Merchants Corporation Completes Legal Closing of First Savings Financial Group Merger | Press release | GlobeNewswire | +0.10% | +2.87% | |
| Form 8-K FIRST MERCHANTS CORP For: Feb 02 | SEC filing · Form 8-K | SEC EDGAR | +0.10% | +2.87% | |
| First Merchants Corporation Announces Fourth Quarter 2025 Earnings Per Share | Press release | GlobeNewswire | +0.00% | -0.31% | |
| Form 8-K FIRST MERCHANTS CORP For: Jan 26 | SEC filing · Form 8-K | SEC EDGAR | +0.00% | -0.31% | |
| Form 8-K FIRST MERCHANTS CORP For: Jan 16 | SEC filing · Form 8-K | SEC EDGAR | +0.65% | -0.78% |
Each reaction is the move the market actually made, measured from the news timestamp. Headlines link through to the FRME section they belong to.
Where else FRME is measured.
FRME earnings → · Analyst actions → · SEC filings →
Other Financial Services names, measured the same way
| Ticker | Events | Median 30-min | % positive |
|---|---|---|---|
| FAUQUIER BANKSHARES (FBSS) | 469 | 0.00% | 33% |
| First Citizens BancShares, Inc. - Class A (FCNCA) | 468 | +0.10% | 55% |
| Premier Financial Bancorp, Inc. (PFBI) | 465 | 0.00% | 43% |
| FS INVESTMENT CORP (FSIC) | 463 | 0.00% | 47% |
Same sector, same measurement: percent move vs. the price at the news timestamp, read at 30 minutes. Sample sizes differ, so the medians are comparable but the confidence behind them is not.
All Financial Services names, measured the same way →
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Every name we’ve measured, in one place.
How the numbers are made.
How is First Merchants Corporation's median reaction calculated?
Every labeled FRME news event is measured from its own timestamp: the last trade before the news is the base price, and the move is read at fixed horizons — 30 minutes of trading, then the close. The median across 467 events is what this page reports. Point-in-time, zero look-ahead: no event borrows information from a later one.
What counts as a positive reaction?
Any event whose price move is above zero at the horizon, relative to the last trade before the news timestamp. 52% of FRME's measured events are up at 30 minutes; the rest close the window flat or negative.
How often is this page updated?
The news table refreshes automatically as new events are labeled and priced. The reaction medians are re-pulled in batches from the dataset — the figures here are as of 2026-09-21.
Does FRME's past reaction predict its next one?
No. These are realized facts about past events, not forecasts. They describe a distribution — they say nothing certain about any future move.