First Merchants Corporation filings document a financial holding-company disclosure record centered on First Merchants Bank, Nasdaq-listed common stock under FRME, and depositary shares representing Series A non-cumulative perpetual preferred stock under FRMEP. Form 8-K reports cover quarterly operating results, earnings-call exhibits, common and preferred dividend declarations, board changes, compensation-plan actions, and completed merger activity.
Proxy materials describe shareholder voting matters, director elections, board structure, executive compensation, equity awards, and governance practices. Merger-related and capital-structure disclosures record share conversion terms, preferred-stock dividend mechanics, director compensation, and related exhibits for material corporate events.
First Merchants Corporation announced that long-serving director Gary Lehman, a member of the Compensation and Human Resources Committee, retired from its Board of Directors effective May 19, 2026. The company stated his retirement was not due to any disagreement over operations, policies, or practices.
The Board appointed Paul Fultz, a retired KPMG audit partner with more than 30 years advising public company boards, to fill the resulting vacancy and to serve on the Audit Committee. His initial term runs until the 2027 Annual Meeting, when he will stand for election to a one-year term.
First Merchants Corporation declared a cash dividend of $0.37 per common share. The dividend will be paid on June 19, 2026 to common shareholders who are on the company’s books as of the record date of June 5, 2026. This reflects an ongoing return of cash to shareholders from the Muncie, Indiana-based financial holding company.
FIRST MERCHANTS CORP director and officer Larry W. Myers reported an open-market sale of 5,000 shares of common stock at $41.50 per share on February 26, 2026. After this sale, he directly held 109,491 common shares.
The filing also reports indirect holdings, including 152,182.74 shares credited to his 401k account and 71,983 shares held in a spousal IRA. A footnote explains the amendment corrects the number of shares credited to the 401k account following a vendor conversion from First Savings Financial Group, Inc. to First Merchants Corporation in May 2026.
FIRST MERCHANTS CORP director and First Vice President Larry W. Myers filed an amended Form 3 to update his common stock holdings after a 401k vendor conversion. As of the reported date, he holds 114,491 shares directly, 71,983 shares through a spousal IRA, and 152,182.74 shares in a 401k plan.
First Merchants Corporation reported net income of $28.2 million for the quarter ended March 31, 2026, down from $55.3 million a year earlier, as one‑time items weighed on results. Diluted earnings per share were $0.45 versus $0.94 in the prior‑year quarter.
Results reflected a $29.8 million loss on mortgage loans reclassified to held for sale and $17.0 million of integration and transaction‑related expenses tied to the acquisition of First Savings Financial Group, Inc. Completed on February 1, 2026, that acquisition added $2.46 billion of assets, generated $13.6 million of revenue and $3.8 million of net income in the partial quarter, and led to recognition of $70.8 million of goodwill and $30.2 million of other intangibles.
Total assets rose to $21.1 billion, loans to $15.3 billion, and deposits to $16.5 billion at March 31, 2026. The allowance for credit losses on loans increased to $212.5 million, supported by acquisition‑date credit marks and a $4.9 million provision. Nonaccrual loans grew to $89.6 million, and investment securities continued to carry sizable unrealized losses driven by interest rates.
First Merchants Corp ownership disclosure: Vanguard Capital Management reports beneficial ownership of 3,199,084 shares of Common Stock, representing 5.04% of the class as reported. The filing shows sole voting power for 468,473 shares and sole dispositive power for 3,199,084 shares.
The filing identifies Vanguard Capital Management and affiliated business divisions as the reporting group and states these holdings include securities held by Vanguard funds and managed accounts. The signature is dated 04/29/2026.
First Merchants Corp ownership filing reports that Vanguard Portfolio Management beneficially owned 3,408,096 shares of Common Stock, representing 5.37% of the class as of 03/31/2026. The filing shows sole voting power for 49,062 shares and sole dispositive power for 3,408,096 shares. The disclosure states holdings include securities held for Vanguard funds and other managed accounts and lists affiliated entities that exercise voting or dispositive power for certain sleeves.
First Merchants Corporation reported first-quarter 2026 net income available to common stockholders of $27.7 million, or $0.45 per diluted share, down from $54.9 million a year earlier due to acquisition-related costs and a mortgage loan mark-to-market loss.
Excluding a $29.8 million loss on $357 million of mortgage loans moved to held-for-sale and $17.0 million of acquisition expenses, adjusted net income was $63.1 million, or $1.03 per diluted share, compared to $0.94 in the prior-year quarter.
The company completed the acquisition of First Savings, adding $2.4 billion in assets, $1.8 billion of loans and $1.7 billion of deposits, bringing total assets to $21.1 billion, loans to $15.3 billion, and deposits to $16.5 billion at March 31, 2026.
Net interest income rose to $151.3 million, and the fully taxable equivalent net interest margin improved to 3.35%. Credit quality remained solid, with nonperforming assets at 0.43% of total assets and an allowance for credit losses on loans of 1.39%. Capital ratios stayed strong, including a Common Equity Tier 1 ratio of 11.22% and a tangible common equity ratio of 9.00%.
First Merchants Corp filed a Form 13F reporting holdings totaling $2,628,836,819 across 501 reported positions. The report was signed by Heather Roche on 04-06-2026 as the institutional investment manager filing this report.
First Merchants Corporation declared a quarterly cash dividend on its 7.50% Non-Cumulative Perpetual Preferred Stock, Series A. The dividend is $46.88 per share, or $0.4688 per depositary share, payable on May 15, 2026 to stockholders of record on April 30, 2026.