First Merchants Corp Stock Price, News & Analysis

First Merchants Corporation (NASDAQ: FRME) reported 3Q2025 net income $56.3M and diluted EPS $0.98, versus $48.7M and $0.84 in 3Q2024. Adjusted diluted EPS was $0.99. The company repurchased 939,271 shares ($36.5M YTD) including 162,474 shares ($6.5M) in the quarter.

Total assets were $18.8B, loans $13.6B (linked-quarter growth $288.8M, 8.7% annualized; 12-month growth $926.9M, 7.3%), and deposits $14.9B (+$504.9M, 3.5% YoY). CET1 ratio was 11.34% and tangible common equity to tangible assets 9.18%. The company announced an all-stock acquisition of First Savings (adds ~$2.4B assets; deal valued ~$241.3M) expected to close in 1Q2026.

First Merchants Corporation (NASDAQ: FRME) declared a quarterly cash dividend on its 7.50% Non-Cumulative Perpetual Preferred Stock, Series A. The dividend is $46.88 per Series A preferred share, represented by depositary shares traded as FRMEP, which will receive $0.4688 per depositary share. The dividend is payable on November 14, 2025 to holders of record on October 31, 2025. The depositary shares trade on the NASDAQ Global Select Market under the symbol FRMEP. Contact information and corporate details are provided for investor inquiries.

First Merchants Corporation (NASDAQ: FRME) has announced it will release its third quarter 2025 financial results on Wednesday, October 22, 2025. The company will host an earnings conference call and webcast the following day on Thursday, October 23, 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 October 23, 2026. First Merchants Corporation operates through its subsidiary First Merchants Bank, which includes First Merchants Private Wealth Advisors division.

First Merchants Corporation (Nasdaq: FRME) and First Savings Financial Group (Nasdaq: FSFG) have announced a definitive merger agreement valued at $241.3 million in an all-stock transaction. Under the agreement, First Savings shareholders will receive 0.85 shares of First Merchants common stock for each FSFG share, valued at $33.60 per share.

The merger will create a combined entity with $21.0 billion in assets and 127 branches across Indiana, Michigan, and Ohio. First Savings brings $2.4 billion in assets, $1.9 billion in loans, and $1.7 billion in deposits. The transaction is expected to close in Q1 2026, with system integration completed in Q2 2026.

First Merchants anticipates 11% earnings per share accretion in 2027 and a tangible book value earnback period of 3.0 years. The merger will strengthen First Merchants' presence in southern Indiana and add new business verticals including triple net lease financing, first lien HELOCs, and SBA lending.

First Merchants Corporation (NASDAQ:FRME) has announced a quarterly cash dividend of $0.36 per common share. The dividend will be paid on September 19, 2025, to shareholders of record as of September 5, 2025.

First Merchants Corporation, headquartered in Muncie, Indiana, operates through its subsidiary First Merchants Bank, which includes First Merchants Private Wealth Advisors division.

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.