First Merchants Corp Stock Price, News & Analysis

First Merchants Corporation (NASDAQ:FRME) reported strong second quarter 2025 results with net income of $56.4 million and diluted EPS of $0.98, compared to $39.5 million and $0.68 in Q2 2024. The bank demonstrated robust growth with total loans increasing by $297.6 million (9.1% annualized) quarter-over-quarter and deposits growing by $335.6 million.

Key metrics include a Common Equity Tier 1 Capital Ratio of 11.35%, improved nonperforming assets ratio of 36 basis points (down from 47 basis points), and an efficiency ratio of 53.99%. The bank's net interest margin expanded to 3.25%, up 3 basis points from Q1 2025. During Q2, the company actively managed capital through share repurchases, buying back 582,486 shares for $22.1 million.

First Merchants Corporation (NASDAQ: FRME) has announced a quarterly cash dividend for its 7.50% Non-Cumulative Perpetual Preferred Stock Series A. The company will pay $46.88 per preferred share, equivalent to $0.4688 per depositary share (NASDAQ: FRMEP), as each depositary share represents a 1/100th interest in the preferred stock.

The dividend is scheduled for payment on August 15, 2025, to stockholders of record as of July 30, 2025. First Merchants Corporation operates through First Merchants Bank and its division First Merchants Private Wealth Advisors, serving as a financial holding company based in Muncie, Indiana.

First Merchants Corporation (NASDAQ:FRME) has scheduled its second quarter 2025 financial results release for July 23, 2025. The company will host an earnings conference call and webcast on July 24, 2025, at 9:00 a.m. ET.

Participants can access the call through phone registration or view the webcast and presentation slides online. A replay of the webcast will remain available until July 24, 2026.

First Merchants Corporation (NASDAQ: FRME) has announced a modification to the ex-dividend date for its previously declared quarterly cash dividend of $0.36. The ex-dividend date has been changed from June 5, 2025, to June 6, 2025. The payment date remains unchanged at June 20, 2025. First Merchants Corporation, headquartered in Muncie, Indiana, operates through First Merchants Bank and its division First Merchants Private Wealth Advisors.

First Merchants Corporation (NASDAQ: FRME) has announced a quarterly cash dividend of $0.36 per share. The dividend will be paid on June 20, 2025, to shareholders of record as of June 6, 2025, with an ex-dividend date of June 5, 2025.

First Merchants Corporation is a financial holding company based in Muncie, Indiana, operating through its full-service bank charter, First Merchants Bank, which includes First Merchants Private Wealth Advisors as a division.

First Merchants (NASDAQ: FRME) reported strong Q1 2025 performance with net income of $54.9 million and diluted EPS of $0.94, up from $50.1 million and $0.85 in Q1 2024. The company demonstrated solid loan growth of $154.9 million (4.8% annualized) quarter-over-quarter and $547.2 million (4.4%) year-over-year.

Key metrics include a robust Common Equity Tier 1 Capital Ratio of 11.50%, total assets of $18.4 billion, and loans totaling $13.0 billion. Total deposits declined by $59.6 million (1.6% annualized) quarter-over-quarter and $422.6 million (2.8%) year-over-year, partly due to the sale of five Illinois branches. The efficiency ratio was 54.54%, while nonperforming assets to total assets increased slightly to 0.47%.

Net interest income was $130.3 million, with fully taxable equivalent net interest margin at 3.22%. The company maintained strong credit quality with an Allowance for Credit Losses ratio of 1.47% of total loans.

First Merchants (NASDAQ: FRME) has announced a quarterly cash dividend of $46.88 per share on its 7.50% Non-Cumulative Perpetual Preferred Stock Series A. Depositary shareholders (NASDAQ: FRMEP) will receive $0.4688 per depositary share, with each depositary share representing a 1/100th interest in the Series A preferred stock.

The dividend is scheduled for payment on May 15, 2025, to stockholders of record as of April 30, 2025. First Merchants , headquartered in Muncie, Indiana, operates through First Merchants Bank and its division First Merchants Private Wealth Advisors.

First Merchants (Nasdaq: FRME) has announced it will release its first quarter 2025 financial results on April 24, 2025. The company will host an earnings conference call and webcast at 11:30 a.m. (ET) on the same day.

Participants can access the call through a registration link that will provide phone number and access code. The webcast and presentation slides will be available during the call, with a replay accessible until April 24, 2026.

First Merchants , headquartered in Muncie, Indiana, operates through First Merchants Bank and its division First Merchants Private Wealth Advisors. The company's stock trades on the NASDAQ Global Select Market under the symbol FRME.

First Merchants (FRME) has announced a cash dividend of $0.35 per share, as declared on February 7, 2025. The dividend will be payable on March 21, 2025, to shareholders of record as of March 7, 2025, with an ex-dividend date of March 6, 2025.

First Merchants , headquartered in Muncie, Indiana, operates through its full-service bank charter, First Merchants Bank, which includes First Merchants Private Wealth Advisors as a division. The company's stock trades on the NASDAQ Global Select Market under the symbol FRME.