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3-1 Month Momentum % is the total return of the stock from 3-month ago to 1-month ago. As of today (2026-07-27), First Merchants's 3-1 Month Momentum % is 7.58%.
The industry rank for First Merchants's 3-1 Month Momentum % or its related term are showing as below:
FRME's 3-1 Month Momentum % is ranked better than 68.93% of 1577
companies
in the Banks industry
Industry Median: 2.64
vs FRME: 7.58
First Merchants (NAS:FRME) 3-1 Month Momentum % Explanation
Momentum investing is a trading strategy in which investors buy securities that are rising and sell before the prices start to go back down. The 3-1 Month Momentum % measures the total return to a stock over the past three months, but ignores the previous month.
The reason why the most recent month’s return dropped related to the short-term reversal effect associated with momentum. There is an academic finding that short-term momentum actually has a reversal effect, whereby the previous winners (measured over the past months) do poorly the next month, while the previous losers do well the next month. In order to eliminate the short-term reversal effect, the previous month return was not included in this calculation.
First Merchants 3-1 Month Momentum % Related Terms
FRME vs NBTB, WAFD, TRMK: 3-1 Month Momentum % Comparison
For the Banks - Regional subindustry, First Merchants's 3-1 Month Momentum %, along with its competitors' market caps and 3-1 Month Momentum % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
First Merchants 3-1 Month Momentum % vs Banks Industry
For the Banks industry and Financial Services sector, First Merchants's 3-1 Month Momentum % distribution charts can be found below:
* The bar in red indicates where First Merchants's 3-1 Month Momentum % falls into.
First Merchants (NAS:FRME) 3-1 Month Momentum % Calculation
3-1 Month Momentum % is calculated as following:
3-1 Month Momentum %
=
( Price 1-month ago
/
Price 3-month ago
- 1 )
*
100 %
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
First Merchants (FRME) has a 3-1 Month Momentum % of 7.58% as of Jul. 27, 2026. 3-1 Month Momentum measures the total return of the stock from 3-month ago to 1-month ago. View historical data on First Merchants and its competitors. According to the industry distribution chart, First Merchants ranks #490 out of 1577 companies in the Banks industry, placing it in the top 31.1%.
Is First Merchants' 3-1 Month Momentum % too high?
First Merchants' current 3-1 Month Momentum % is 7.58%. The Banks industry median 3-1 Month Momentum % is 2.64. First Merchants' value of 7.58% is 187.1% above this industry median. Based on the distribution chart, First Merchants ranks #490 out of 1577 companies in the Banks industry, which is above the industry midpoint. Overall, First Merchants has a GF Score™ of 63/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does First Merchants' 3-1 Month Momentum % compare to NBTB and WAFD?
According to the Banks industry distribution chart, First Merchants ranks #490 out of 1577 companies for 3-1 Month Momentum %. This puts First Merchants in the upper half of its industry. The industry median 3-1 Month Momentum % is 2.64. First Merchants' value of 7.58% is 187.1% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-1 Month Momentum % for a Banks company?
The median 3-1 Month Momentum % among Banks companies is 2.64, based on 1,577 companies in the industry. Companies in the top quartile (top 25%) have a 3-1 Month Momentum % significantly above this median, while those in the bottom quartile fall well below. However, 3-1 Month Momentum % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. First Merchants's current 3-1 Month Momentum % of 7.58% is 187.1% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 3-1 Month Momentum % mean?
A high 3-1 Month Momentum % can signal that a stock is expensive relative to its fundamentals. 3-1 Month Momentum measures the total return of the stock from 3-month ago to 1-month ago. View historical data on First Merchants and its competitors. For the Banks industry, the median 3-1 Month Momentum % is 2.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. First Merchants's current 3-1 Month Momentum % is 7.58%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is First Merchants stock overvalued right now?
Based on GuruFocus' analysis, First Merchants (FRME) is currently considered Fairly Valued. The stock's GF Value™ is $40.57, compared to a current price of $43.18 — trading 6.4% above its estimated fair value. The current 3-1 Month Momentum % is 7.58% and 187.1% above the Banks industry median of 2.64. First Merchants' overall GF Score™ is 63/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-1 Month Momentum % calculated?
3-1 Month Momentum % is calculated from a company's financial statements. For First Merchants (FRME), the current 3-1 Month Momentum % is 7.58% as of Jul. 27, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is First Merchants (FRME) Overvalued in 2026?
Based on GuruFocus' analysis, First Merchants stock appears to be overvalued.
The current stock price of $43.18 is trading 6.4% above its estimated GF Value™ of $40.57.
GuruFocus considers First Merchants to be Fairly Valued.
Key valuation signals for FRME:
3-1 Month Momentum %: 7.58%
GF Value™: $40.57 vs. price of $43.18 (6.4% above fair value)
Industry Position: 187.1% above the Banks median (#490 of 1577)
No single metric tells the full story. See the FRME stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
First Merchants Corp, through its subsidiaries, provides its customers with financial services delivered locally by bankers. It offers personal banking, business banking, real estate mortgage lending, cash management services, brokerage, wealth management, and insurance. The company reports in only one segment, which is community banking.
63GF Score
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3-1 Month Momentum % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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