FRME
Price
$40.81
Change
+$3.51 (+9.41%)
Updated
Feb 3 closing price
Capitalization
2.57B
83 days until earnings call
Intraday BUY SELL Signals
IBCP
Price
$36.32
Change
+$5.09 (+16.30%)
Updated
Feb 3 closing price
Capitalization
746.34M
78 days until earnings call
Intraday BUY SELL Signals
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FRME vs IBCP

Header iconFRME vs IBCP Comparison
Open Charts FRME vs IBCPBanner chart's image
First Merchants
Price$40.81
Change+$3.51 (+9.41%)
Volume$504.87K
Capitalization2.57B
Independent Bank
Price$36.32
Change+$5.09 (+16.30%)
Volume$128.66K
Capitalization746.34M
FRME vs IBCP Comparison Chart in %
FRME
Daily Signal:
Gain/Loss:
IBCP
Daily Signal:
Gain/Loss:
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VS
FRME vs. IBCP commentary
Feb 04, 2026

To compare these two companies we present long-term analysis, their fundamental ratings and make comparative short-term technical analysis which are presented below. The conclusion is FRME is a StrongBuy and IBCP is a StrongBuy.

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COMPARISON
Comparison
Feb 04, 2026
Stock price -- (FRME: $40.81 vs. IBCP: $36.32)
Brand notoriety: FRME and IBCP are both not notable
Both companies represent the Regional Banks industry
Current volume relative to the 65-day Moving Average: FRME: 159% vs. IBCP: 97%
Market capitalization -- FRME: $2.57B vs. IBCP: $746.34M
FRME [@Regional Banks] is valued at $2.57B. IBCP’s [@Regional Banks] market capitalization is $746.34M. The market cap for tickers in the [@Regional Banks] industry ranges from $161.17B to $0. The average market capitalization across the [@Regional Banks] industry is $9.28B.

Long-Term Analysis

It is best to consider a long-term outlook for a ticker by using Fundamental Analysis (FA) ratings. The rating of 1 to 100, where 1 is best and 100 is worst, is divided into thirds. The first third (a green rating of 1-33) indicates that the ticker is undervalued; the second third (a grey number between 34 and 66) means that the ticker is valued fairly; and the last third (red number of 67 to 100) reflects that the ticker is undervalued. We use an FA Score to show how many ratings show the ticker to be undervalued (green) or overvalued (red).

FRME’s FA Score shows that 1 FA rating(s) are green whileIBCP’s FA Score has 2 green FA rating(s).

  • FRME’s FA Score: 1 green, 4 red.
  • IBCP’s FA Score: 2 green, 3 red.
According to our system of comparison, IBCP is a better buy in the long-term than FRME.

Short-Term Analysis

It is best to consider a short-term outlook for a ticker by using Technical Analysis (TA) indicators. We use Odds of Success as the percentage of outcomes which confirm successful trade signals in the past.

If the Odds of Success (the likelihood of the continuation of a trend) for each indicator are greater than 50%, then the generated signal is confirmed. A green percentage from 90% to 51% indicates that the ticker is in a bullish trend. A red percentage from 90% - 51% indicates that the ticker is in a bearish trend. All grey percentages are below 50% and are considered not to confirm the trend signal.

FRME’s TA Score shows that 5 TA indicator(s) are bullish while IBCP’s TA Score has 6 bullish TA indicator(s).

  • FRME’s TA Score: 5 bullish, 3 bearish.
  • IBCP’s TA Score: 6 bullish, 3 bearish.
According to our system of comparison, IBCP is a better buy in the short-term than FRME.

Price Growth

FRME (@Regional Banks) experienced а +6.86% price change this week, while IBCP (@Regional Banks) price change was +4.76% for the same time period.

The average weekly price growth across all stocks in the @Regional Banks industry was +2.32%. For the same industry, the average monthly price growth was +6.12%, and the average quarterly price growth was +19.17%.

Reported Earning Dates

FRME is expected to report earnings on Apr 28, 2026.

IBCP is expected to report earnings on Apr 23, 2026.

Industries' Descriptions

@Regional Banks (+2.32% weekly)

Regional banks have a smaller reach than major banks, and cater mostly to one region of a country, such as a state or within a group of states. They offer services often similar – albeit with some limitations/smaller scale – compared to major banks. Taking deposits, making loans, mortgages, leases, credit cards , fund management, insurance and investment banking. SunTrust Banks, State Street Corp., M&T Bank Corp. are some examples of U.S. regional banks.

SUMMARIES
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FUNDAMENTALS
Fundamentals
FRME($2.57B) has a higher market cap than IBCP($746M). IBCP has higher P/E ratio than FRME: IBCP (11.11) vs FRME (10.52). IBCP YTD gains are higher at: 12.518 vs. FRME (8.885). FRME has more cash in the bank: 88.1M vs. IBCP (56.4M). IBCP has less debt than FRME: IBCP (41.9M) vs FRME (856M). FRME has higher revenues than IBCP: FRME (648M) vs IBCP (222M).
FRMEIBCPFRME / IBCP
Capitalization2.57B746M345%
EBITDAN/AN/A-
Gain YTD8.88512.51871%
P/E Ratio10.5211.1195%
Revenue648M222M292%
Total Cash88.1M56.4M156%
Total Debt856M41.9M2,043%
FUNDAMENTALS RATINGS
FRME vs IBCP: Fundamental Ratings
FRME
IBCP
OUTLOOK RATING
1..100
1213
VALUATION
overvalued / fair valued / undervalued
1..100
36
Fair valued
38
Fair valued
PROFIT vs RISK RATING
1..100
7726
SMR RATING
1..100
1628
PRICE GROWTH RATING
1..100
4945
P/E GROWTH RATING
1..100
7253
SEASONALITY SCORE
1..100
5075

Tickeron ratings are formulated such that a rating of 1 designates the most successful stocks in a given industry, while a rating of 100 points to the least successful stocks for that industry.

FRME's Valuation (36) in the Regional Banks industry is in the same range as IBCP (38). This means that FRME’s stock grew similarly to IBCP’s over the last 12 months.

IBCP's Profit vs Risk Rating (26) in the Regional Banks industry is somewhat better than the same rating for FRME (77). This means that IBCP’s stock grew somewhat faster than FRME’s over the last 12 months.

FRME's SMR Rating (16) in the Regional Banks industry is in the same range as IBCP (28). This means that FRME’s stock grew similarly to IBCP’s over the last 12 months.

IBCP's Price Growth Rating (45) in the Regional Banks industry is in the same range as FRME (49). This means that IBCP’s stock grew similarly to FRME’s over the last 12 months.

IBCP's P/E Growth Rating (53) in the Regional Banks industry is in the same range as FRME (72). This means that IBCP’s stock grew similarly to FRME’s over the last 12 months.

TECHNICAL ANALYSIS
Technical Analysis
FRMEIBCP
RSI
ODDS (%)
N/A
Bearish Trend 1 day ago
55%
Stochastic
ODDS (%)
Bearish Trend 1 day ago
60%
Bearish Trend 1 day ago
60%
Momentum
ODDS (%)
Bullish Trend 1 day ago
58%
Bullish Trend 1 day ago
68%
MACD
ODDS (%)
Bullish Trend 1 day ago
67%
Bullish Trend 1 day ago
67%
TrendWeek
ODDS (%)
Bullish Trend 1 day ago
56%
Bullish Trend 1 day ago
60%
TrendMonth
ODDS (%)
Bullish Trend 1 day ago
48%
Bullish Trend 1 day ago
57%
Advances
ODDS (%)
Bullish Trend 3 days ago
55%
Bullish Trend 1 day ago
59%
Declines
ODDS (%)
Bearish Trend 10 days ago
63%
Bearish Trend 23 days ago
65%
BollingerBands
ODDS (%)
Bearish Trend 1 day ago
66%
Bearish Trend 1 day ago
52%
Aroon
ODDS (%)
Bullish Trend 1 day ago
41%
Bullish Trend 1 day ago
46%
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FRME
Daily Signal:
Gain/Loss:
IBCP
Daily Signal:
Gain/Loss:
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FRME and

Correlation & Price change

A.I.dvisor indicates that over the last year, FRME has been closely correlated with STBA. These tickers have moved in lockstep 89% of the time. This A.I.-generated data suggests there is a high statistical probability that if FRME jumps, then STBA could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To FRME
1D Price
Change %
FRME100%
-0.20%
STBA - FRME
89%
Closely correlated
+0.65%
FFBC - FRME
88%
Closely correlated
+0.99%
IBCP - FRME
88%
Closely correlated
+0.72%
FCF - FRME
87%
Closely correlated
+1.75%
FFIN - FRME
87%
Closely correlated
+2.72%
More

IBCP and

Correlation & Price change

A.I.dvisor indicates that over the last year, IBCP has been closely correlated with CTBI. These tickers have moved in lockstep 89% of the time. This A.I.-generated data suggests there is a high statistical probability that if IBCP jumps, then CTBI could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To IBCP
1D Price
Change %
IBCP100%
+0.72%
CTBI - IBCP
89%
Closely correlated
+0.88%
FCF - IBCP
88%
Closely correlated
+1.75%
MCBS - IBCP
88%
Closely correlated
+0.85%
MBWM - IBCP
87%
Closely correlated
+0.58%
UVSP - IBCP
87%
Closely correlated
+2.69%
More