First Merchants

First Merchants Corp. (Indiana) is a bank holding company, which engages in the provision of financial services. It also offers personal banking, business banking, mortgage lending, treasury management services, and wealth management. The company was founded in September 1982 and is headquartered in Muncie, IN.

Earnings data Q1 2024

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MUNCIE, Ind., Nov. 13, 2023 (GLOBE NEWSWIRE) -- First Merchants Corporation declared a cash dividend on November 9, 2023 of $0.34 per share. The dividend is payable on December 15, 2023, to shareholders of record as of December 1, 2023. For purposes of broker trading, the ex-date of the cash dividend is November 30, 2023.

First Merchants Corporation Announces Cash Dividend

First Merchants Corporation (NASDAQ:FRME ) Q3 2023 Earnings Conference Call October 26, 2023 11:30 AM ET Company Participants Mark Hardwick - Chief Executive Officer Mike Stewart - President Michele Kawiecki - Chief Financial Officer John Martin - Chief Credit Officer Conference Call Participants Terry McEvoy - Stevens Damon DelMonte - KBW Nathan Race - Piper Sandler Brian Martin - Janney Operator Thank you for standing by. Welcome to the First Merchants Corporation Third Quarter 2023 Earnings Conference Call.

First Merchants Corporation (FRME) Q3 2023 Earnings Call Transcript

First Merchants (FRME) came out with quarterly earnings of $0.94 per share, missing the Zacks Consensus Estimate of $0.96 per share. This compares to earnings of $1.12 per share a year ago.

First Merchants (FRME) Q3 Earnings and Revenues Miss Estimates

MUNCIE, Ind., Oct. 26, 2023 (GLOBE NEWSWIRE) -- First Merchants Corporation (NASDAQ - FRME) Third Quarter 2023 Highlights: Net income available to common stockholders was $55.9 million and diluted earnings per common share totaled $0.94, compared to $63.3 million and $1.08 in the third quarter of 2022, and $60.4 million and $1.02 in the second quarter of 2023.

First Merchants Corporation Announces Third Quarter 2023 Earnings Per Share

MUNCIE, Ind., Oct. 20, 2023 (GLOBE NEWSWIRE) -- First Merchants Corporation has declared a quarterly cash dividend of $46.88 per share on its 7.50% Non-Cumulative Perpetual Preferred Stock Series A, represented by depositary shares (NASDAQ: FRMEP) each representing a 1/100th interest in a share of the Series A preferred stock. Holders of depositary shares will receive $0.4688 per depositary share. The dividend will be payable on November 15, 2023, to stockholders of record on October 31, 2023.

First Merchants Corporation Announces Cash Dividend On Its Preferred Stock

MUNCIE, Ind., Oct. 05, 2023 (GLOBE NEWSWIRE) -- First Merchants Corporation (Nasdaq:FRME) will report third quarter 2023 financial results on October 26, 2023. The Corporation will host a third quarter 2023 earnings conference call and webcast at 11:30 a.m. (ET) on Thursday, October 26, 2023.

First Merchants Corporation to Report Third Quarter 2023 Financial Results, Host Conference Call and Webcast

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First Merchants' financial performance in the second quarter showed improvement in net interest income and decreased non-interest expenses. The bank's ability to cover preferred dividends is strong, with less than 1% of net profit needed to cover the payments. The preferred shares have a small issue size and low dividend requirements, making a call in 2025 more likely.

First Merchants: Robust Results Make The 7.7% Yielding Preferred Shares Attractive

First Merchants Corporation (NASDAQ:FRME ) Q2 2023 Earnings Conference Call July 25, 2023 11:30 AM ET Company Participants Mark Hardwick - Chief Executive Officer Mike Stewart - President Michele Kawiecki - Chief Financial Officer John Martin - Chief Credit Officer Conference Call Participants Ben Gerlinger - Hovde Group Nathan Race - Piper Sandler Daniel Tamayo - Raymond James Terry McEvoy - Stephens Inc Brian Martin - Janney Damon DelMonte - KBW Operator Good day, and thank you for standing by. Welcome to the First Merchants Corporation Second Quarter 2023 Earnings.

First Merchants Corporation (FRME) Q2 2023 Earnings Call Transcript

While the top- and bottom-line numbers for First Merchants (FRME) give a sense of how the business performed in the quarter ended June 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Compared to Estimates, First Merchants (FRME) Q2 Earnings: A Look at Key Metrics

First Merchants (FRME) came out with quarterly earnings of $1.02 per share, missing the Zacks Consensus Estimate of $1.04 per share. This compares to earnings of $1.01 per share a year ago.

First Merchants (FRME) Lags Q2 Earnings and Revenue Estimates

First Merchants Corporation (NASDAQ - FRME) Second Quarter 2023 Highlights: Net income available to common stockholders was $60.4 million and diluted earnings per common share totaled $1.02, compared to $38.5 million and $.63 in the second quarter of 2022, and $63.6 million and $1.07 in the first quarter of 2023. Adjusted net income 1 was $60.4 million and adjusted diluted earnings per share 1 totaled $1.02, compared to $60.0 million and $1.01 in the second quarter of 2022, and $63.6 million and $1.07 in the first quarter of 2023.

First Merchants Corporation Announces Second Quarter 2023 Earnings Per Share

MUNCIE, Ind., July 20, 2023 (GLOBE NEWSWIRE) -- First Merchants Corporation (NASDAQ: FRME) has declared a quarterly cash dividend of $46.88 per share on its 7.50% Non-Cumulative Perpetual Preferred Stock Series A, represented by depositary shares (NASDAQ: FRMEP) each representing a 1/100th interest in a share of the Series A preferred stock. Holders of depositary shares will receive $0.4688 per depositary share. The dividend will be payable on August 15, 2023, to stockholders of record on July 31, 2023.

First Merchants Corporation Announces Cash Dividend on Its Preferred Stock

First Merchants (FRME) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

First Merchants (FRME) Reports Next Week: Wall Street Expects Earnings Growth

MUNCIE, Ind., July 05, 2023 (GLOBE NEWSWIRE) -- First Merchants Corporation (Nasdaq:FRME) will report second quarter 2023 financial results on July 25, 2023. The Corporation will host a second quarter 2023 earnings conference call and webcast at 11:30 a.m. (ET) on Tuesday, July 25, 2023.

First Merchants Corporation To Report Second Quarter 2023 Financial Results, Host Conference Call And Webcast

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15 Upcoming Dividend Increases, Including 1 Dividend King

First Merchants Corporation's valuation has become highly attractive since the sell-off in regional banks started after SVB's collapse. The bank has solid fundamentals supported by its strong franchise, growing loan book, increasing loan yields, and stable risk profile.

First Merchants Corporation: A Stable Bank In An Unstable Market

First Merchants Corporation (FRME) Q1 2023 Earnings Call Transcript.

First Merchants Corporation (FRME) Q1 2023 Earnings Call Transcript

While the top- and bottom-line numbers for First Merchants (FRME) give a sense of how the business performed in the quarter ended March 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

First Merchants (FRME) Reports Q1 Earnings: What Key Metrics Have to Say

First Merchants (FRME) came out with quarterly earnings of $1.07 per share, missing the Zacks Consensus Estimate of $1.16 per share. This compares to earnings of $0.88 per share a year ago.

First Merchants (FRME) Lags Q1 Earnings and Revenue Estimates

MUNCIE, Ind., April 25, 2023 (GLOBE NEWSWIRE) -- First Merchants Corporation (NASDAQ - FRME) First Quarter 2023 Highlights: Net income available to common stockholders was $63.6 million for the first quarter and diluted earnings per common share totaled $1.07, compared to $48.6 million and $.91 in the first quarter of 2022, and $70.3 million and $1.19 in the fourth quarter of 2022.

First Merchants Corporation Announces First Quarter 2023 Earnings Per Share

First Merchants (FRME) Earnings Expected to Grow: Should You Buy?

MUNCIE, Ind., April 04, 2023 (GLOBE NEWSWIRE) -- First Merchants Corporation (Nasdaq:FRME) will report first quarter 2023 financial results on April 25, 2023. The Corporation will host a first quarter 2023 earnings conference call and webcast at 10:30 a.m. (ET) on Tuesday, April 25, 2023.

First Merchants Corporation To Report First Quarter 2023 Financial Results, Host Conference Call And Webcast

First Merchants (FRME) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.

First Merchants (FRME) Surges 6.0%: Is This an Indication of Further Gains?

MUNCIE, Ind. , Feb. 8, 2023 /PRNewswire/ -- First Merchants Corporation, an $18 billion financial holding company, has appointed Dr. Mung Chiang to the Board of Directors of First Merchants Corporation and First Merchants Bank.

FIRST MERCHANTS CORPORATION APPOINTS DR. MUNG CHIANG TO ITS BOARDS OF DIRECTORS

News for First Merchants Stock (FRME)