Welcome to our dedicated page for First Merchants news (Ticker: FRME), a resource for investors and traders seeking the latest updates and insights on First Merchants stock.
First Merchants Corporation reports developments for a financial holding company built around First Merchants Bank, its single full-service bank charter, and First Merchants Private Wealth Advisors. News commonly covers community banking results, deposit and loan activity, investment securities, mortgage lending, cash management, wealth management, and capital actions involving common stock and Series A preferred depositary shares.
Company updates also include board and executive governance matters, cash dividend declarations, earnings-call materials, digital banking partnerships, and completed acquisition activity such as the First Savings Financial Group merger that expanded its southern Indiana presence.
First Merchants Corporation has announced a quarterly cash dividend of $0.4688 per depositary share on its 7.50% Non-Cumulative Perpetual Preferred Stock Series A. This amounts to $46.88 per share. The dividend is set to be paid on February 15, 2023, to stockholders on record as of January 31, 2023. The preferred stock is traded on NASDAQ under the symbol FRMEP.
First Merchants Corporation, headquartered in Muncie, Indiana, operates as a financial holding company and includes First Merchants Bank and its private wealth advising division.
First Merchants Corporation (NASDAQ:FRME) is set to announce its fourth quarter 2022 financial results on January 26, 2023. An earnings conference call and webcast will be hosted at 10:30 a.m. ET on the same day, offering insights into the financial performance of the corporation. Participants are required to register to access the call via phone. The webcast will also be available for replay until January 26, 2024.
As a financial holding company based in Muncie, Indiana, First Merchants operates one bank charter and offers private wealth advisory services.
First Merchants Corporation (NASDAQ: FRME) announced a cash dividend of $0.32 per share on November 8, 2022, payable on December 16, 2022. Shareholders of record as of December 2, 2022 will receive this dividend, while the ex-dividend date is set for December 1, 2022. This return of income to shareholders reflects the company's performance and commitment to providing shareholder value. First Merchants Corporation, based in Muncie, Indiana, operates as a financial holding company with its full-service bank chartered as First Merchants Bank.
First Merchants Corporation (NASDAQ - FRME) reported a strong third quarter in 2022 with a net income of $63.3 million and diluted earnings per share of $1.08, up from $52.8 million and $0.98 in Q3 2021. Adjusted net income rose to $65.6 million, marking a significant increase year-over-year. Total loans grew by $290.6 million (10.2% annualized), while deposits decreased by $136 million (3.7%). The net interest income was $140.3 million, reflecting a 9% quarter-over-quarter increase. The company's strong capital ratios were maintained despite challenges from high inflation.
First Merchants Corporation has announced a quarterly cash dividend of $0.4688 per depositary share on its 7.50% Non-Cumulative Perpetual Preferred Stock Series A. This dividend will be payable on November 15, 2022, to stockholders on record as of October 31, 2022. Each depositary share represents a 1/100th interest in the preferred stock, traded under the symbol FRMEP.
First Merchants Corporation (Nasdaq:FRME) will announce its third quarter 2022 financial results on October 25, 2022. The earnings conference call and webcast will take place at 10:30 a.m. (ET) on the same day. Participants can register for the call to access it via phone, with a link provided for registration. Additionally, there will be a webcast available for viewing alongside presentation slides. A replay of the webcast will be accessible until October 25, 2023.
First Merchants Corporation announced a cash dividend of $0.32 per share on August 10, 2022. Shareholders on record as of September 2, 2022 will receive the dividend on September 16, 2022. The ex-dividend date is set for September 1, 2022. This marks a continued commitment to returning value to shareholders. First Merchants Corporation operates as a financial holding company with its primary bank being First Merchants Bank, trading on NASDAQ under the symbol FRME.
First Merchants Corporation (NASDAQ - FRME) reported Q2 2022 net income of $38.5 million, a decrease from $55.6 million in Q2 2021. Diluted earnings per share were $0.63, down from $1.03 YoY. Adjusted net income rose to $60.0 million with adjusted EPS at $1.01. Total loans increased by $2.0 billion, driven largely by the acquisition of Level One Bancorp, while total deposits grew $1.7 billion. Non-interest expenses surged to $97.3 million, largely due to acquisition costs. Net interest income was $128.7 million, marking a 25.8% increase from Q1 2022.
First Merchants Corporation (NASDAQ: FRME) has announced a quarterly cash dividend of $0.4688 per depositary share as part of its 7.50% Non-Cumulative Perpetual Preferred Stock Series A. This dividend is payable on August 15, 2022, to stockholders of record by July 31, 2022. The company operates primarily through its bank charter and subsidiaries in Muncie, Indiana, and its common stock is traded on the NASDAQ under the symbol FRME.
First Merchants Corporation (NASDAQ:FRME) is set to announce its second quarter 2022 financial results on July 26, 2022. Following the release, the corporation will conduct a conference call and webcast at 10:30 a.m. ET to discuss the results. Participants can access the call by registering through a provided link. A replay of the webcast will be available for one year, until July 26, 2023. First Merchants Corporation operates one full-service bank, First Merchants Bank, and is headquartered in Muncie, Indiana.