FRME
Price
$36.84
Change
-$0.29 (-0.78%)
Updated
Nov 28 closing price
Capitalization
2.13B
53 days until earnings call
Intraday BUY SELL Signals
IBCP
Price
$32.65
Change
-$0.07 (-0.21%)
Updated
Nov 28 closing price
Capitalization
675.59M
53 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$36.84
Change-$0.29 (-0.78%)
Volume$105.66K
Capitalization2.13B
Independent Bank
Price$32.65
Change-$0.07 (-0.21%)
Volume$86.27K
Capitalization675.59M
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
Nov 30, 2025

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
Nov 30, 2025
Stock price -- (FRME: $36.84 vs. IBCP: $32.65)
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: 34% vs. IBCP: 71%
Market capitalization -- FRME: $2.13B vs. IBCP: $675.59M
FRME [@Regional Banks] is valued at $2.13B. IBCP’s [@Regional Banks] market capitalization is $675.59M. The market cap for tickers in the [@Regional Banks] industry ranges from $173.44B to $0. The average market capitalization across the [@Regional Banks] industry is $8.22B.

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 2 FA rating(s) are green whileIBCP’s FA Score has 3 green FA rating(s).

  • FRME’s FA Score: 2 green, 3 red.
  • IBCP’s FA Score: 3 green, 2 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 4 TA indicator(s) are bullish while IBCP’s TA Score has 6 bullish TA indicator(s).

  • FRME’s TA Score: 4 bullish, 5 bearish.
  • IBCP’s TA Score: 6 bullish, 4 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 -0.03% price change this week, while IBCP (@Regional Banks) price change was +3.78% for the same time period.

The average weekly price growth across all stocks in the @Regional Banks industry was +1.67%. For the same industry, the average monthly price growth was +3.81%, and the average quarterly price growth was +13.68%.

Reported Earning Dates

FRME is expected to report earnings on Jan 22, 2026.

IBCP is expected to report earnings on Jan 22, 2026.

Industries' Descriptions

@Regional Banks (+1.67% 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($2.13B) has a higher market cap than IBCP($676M). IBCP has higher P/E ratio than FRME: IBCP (10.05) vs FRME (9.21). IBCP YTD gains are higher at: -3.129 vs. FRME (-5.129). FRME has more cash in the bank: 81.6M vs. IBCP (74.4M). IBCP has less debt than FRME: IBCP (181M) vs FRME (856M). FRME has higher revenues than IBCP: FRME (648M) vs IBCP (216M).
FRMEIBCPFRME / IBCP
Capitalization2.13B676M315%
EBITDAN/AN/A-
Gain YTD-5.129-3.129164%
P/E Ratio9.2110.0592%
Revenue648M216M300%
Total Cash81.6M74.4M110%
Total Debt856M181M473%
FUNDAMENTALS RATINGS
FRME vs IBCP: Fundamental Ratings
FRME
IBCP
OUTLOOK RATING
1..100
2018
VALUATION
overvalued / fair valued / undervalued
1..100
30
Undervalued
33
Fair valued
PROFIT vs RISK RATING
1..100
5623
SMR RATING
1..100
1627
PRICE GROWTH RATING
1..100
6053
P/E GROWTH RATING
1..100
8669
SEASONALITY SCORE
1..100
7550

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 (30) in the Regional Banks industry is in the same range as IBCP (33). This means that FRME’s stock grew similarly to IBCP’s over the last 12 months.

IBCP's Profit vs Risk Rating (23) in the Regional Banks industry is somewhat better than the same rating for FRME (56). 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 (27). This means that FRME’s stock grew similarly to IBCP’s over the last 12 months.

IBCP's Price Growth Rating (53) in the Regional Banks industry is in the same range as FRME (60). This means that IBCP’s stock grew similarly to FRME’s over the last 12 months.

IBCP's P/E Growth Rating (69) in the Regional Banks industry is in the same range as FRME (86). 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 3 days ago
67%
Stochastic
ODDS (%)
Bearish Trend 3 days ago
58%
Bearish Trend 3 days ago
69%
Momentum
ODDS (%)
Bullish Trend 3 days ago
59%
Bullish Trend 3 days ago
62%
MACD
ODDS (%)
Bullish Trend 3 days ago
46%
Bullish Trend 3 days ago
67%
TrendWeek
ODDS (%)
Bullish Trend 3 days ago
57%
Bullish Trend 3 days ago
60%
TrendMonth
ODDS (%)
Bullish Trend 3 days ago
51%
Bullish Trend 3 days ago
58%
Advances
ODDS (%)
Bullish Trend 12 days ago
57%
Bullish Trend 10 days ago
59%
Declines
ODDS (%)
Bearish Trend 3 days ago
64%
Bearish Trend 3 days ago
65%
BollingerBands
ODDS (%)
Bullish Trend 3 days ago
61%
Bearish Trend 3 days ago
65%
Aroon
ODDS (%)
Bearish Trend 3 days ago
59%
Bullish Trend 3 days ago
72%
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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 TRMK. These tickers have moved in lockstep 86% of the time. This A.I.-generated data suggests there is a high statistical probability that if FRME jumps, then TRMK could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To FRME
1D Price
Change %
FRME100%
-0.78%
TRMK - FRME
86%
Closely correlated
-0.49%
FNB - FRME
86%
Closely correlated
-0.12%
STBA - FRME
86%
Closely correlated
-0.03%
UBSI - FRME
86%
Closely correlated
-1.17%
IBCP - FRME
86%
Closely correlated
-0.21%
More

IBCP and

Correlation & Price change

A.I.dvisor indicates that over the last year, IBCP has been closely correlated with BY. These tickers have moved in lockstep 85% of the time. This A.I.-generated data suggests there is a high statistical probability that if IBCP jumps, then BY could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To IBCP
1D Price
Change %
IBCP100%
-0.21%
BY - IBCP
85%
Closely correlated
-0.71%
UVSP - IBCP
85%
Closely correlated
-0.50%
CTBI - IBCP
85%
Closely correlated
-0.61%
MBWM - IBCP
85%
Closely correlated
-1.05%
BUSE - IBCP
85%
Closely correlated
-0.93%
More