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 (NASDAQ: FRME), a leading provider of community banking and wealth management services across the Midwest, maintains this dedicated news hub for stakeholders. Access timely updates on financial performance, strategic initiatives, and operational developments from one centralized source.
This resource serves investors and business partners seeking to track FRME's progress in consumer banking, mortgage services, and regional market expansion. Find curated press releases covering earnings announcements, leadership updates, and community-focused initiatives that reflect the company's commitment to local economies.
Regular updates include details on financial product innovations, branch network developments, and wealth management service enhancements. All content undergoes rigorous verification to ensure alignment with regulatory standards and factual accuracy.
Bookmark this page for streamlined access to First Merchants' official communications. Combine these updates with the company filings and market data available through Stock Titan for comprehensive financial analysis.
First Merchants Corporation (NASDAQ: FRME) reported Q3 2021 net income of $52.8 million, a 45.7% increase from $36.2 million in Q3 2020. Earnings per share rose to $0.98, up from $0.67. Year-to-date net income reached $157.8 million, a 52.5% increase, with earnings per share of $2.92 compared to $1.91 last year. Total assets stood at $15.1 billion, and loans totaled $9.0 billion, reflecting organic growth of 6% offset by PPP loan forgiveness. Deposits increased by 13.2% year-on-year to $12.3 billion, with a net interest margin of 3.20%.
First Merchants Corporation (FRME) will announce its third quarter 2021 financial results on October 26, 2021. A conference call is scheduled for 2:30 p.m. ET on the same day, allowing participants to dial (Toll Free) 877-507-0578. The call will also be accessible via a webcast, with replay options available for those unable to join live. The Corporation operates as a financial holding company based in Muncie, Indiana, and its stock is traded on the NASDAQ Global Select Market.
First Merchants Corporation (NASDAQ: FRME) announced a cash dividend of $0.29 per share on August 10, 2021. This dividend is set to be paid on September 17, 2021, to shareholders on record as of September 3, 2021. The ex-dividend date is September 2, 2021, indicating when new shareholders would not be entitled to this payment. First Merchants Corporation operates as a financial holding company and its stock is traded on the NASDAQ Global Select Market.
First Merchants Corporation (NASDAQ - FRME) announced a robust second quarter of 2021, reporting a net income of $55.6 million, up from $33 million year-over-year. Earnings per share rose to $1.03 from $0.62. Year-to-date net income stands at $105 million, compared to $67.3 million in 2020. Total assets reached $14.9 billion, with loans totaling $9.1 billion. Despite a 1.9% decrease in loans due to PPP loan forgiveness, deposits surged 11.3% year-over-year. The corporation's capital ratios remained strong, with a total risk-based capital ratio of 14.23%.
First Merchants Corporation (Nasdaq:FRME) is set to report its second quarter 2021 financial results on July 26, 2021. An earnings conference call will be held at 2:30 p.m. ET, where participants can join by dialing 877-507-0578 (Toll Free) or +1 412-317-1073 for international calls. A replay of the call will be available using 877-344-7529 (Toll Free) and +1 412-317-0088 internationally. Webcast access it at this link, available until July 26, 2022.
First Merchants Corporation (NASDAQ: FRME) has announced a cash dividend of $0.29 per share on May 11, 2021. This dividend will be distributed on June 18, 2021, to shareholders on record as of June 4, 2021. The ex-dividend date is set for June 3, 2021. This decision reflects the company's ongoing commitment to returning value to its shareholders.
First Merchants Corporation (NASDAQ - FRME) reported a strong performance for Q1 2021, with net income of $49.5 million, up from $34.3 million the previous year. Earnings per share increased by 47% to $.91. Total assets reached $14.6 billion, with loans at $9.3 billion, boosted by $742 million in Paycheck Protection Program loans. Deposits rose by 21.1% to $12.0 billion. However, non-interest income decreased by $5.7 million. The return on assets was 1.39%, with a net interest margin of 3.23%.
First Merchants Corporation (NASDAQ: FRME) will announce its first quarter 2021 financial results on April 22, 2021. Following this, a conference call will take place at 2:30 p.m. ET to discuss the results. Participants can join by calling 877-507-0578 for US callers or +1 412-317-1073 for international callers. A replay of the call will be available, and the webcast can be accessed through a provided link. The replay will remain available until April 22, 2022.
First Merchants Corporation announces the election of Susan Brooks and Mark Hardwick to its Board of Directors. Brooks, a former U.S. Congress member, and Hardwick, the current CEO, will stand for election at the Annual Shareholder Meeting in May 2021. Hardwick has extensive experience, having joined the company in 1997 and ascended through various leadership roles. Brooks brings congressional experience and a strong background in economic development and legislation. These appointments aim to enhance the company's commitment to community financial wellness and operational excellence.
On February 9, 2021, First Merchants Corporation announced a cash dividend of $0.26 per share, scheduled for payout on March 19, 2021. Shareholders on record as of March 5, 2021 will receive the dividend, with the ex-date set for March 4, 2021. Headquartered in Muncie, Indiana, First Merchants Corporation operates as a financial holding company and its stock is traded on the NASDAQ under the symbol FRME.
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