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.

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Earnings data Q4 2024

First Merchants (FRME) reports robust Q4 performance and growth strategies

First Merchants (FRME) delivered a strong Q4 2022 performance with robust loan growth and solid financial results, underpinned by a well-hedged balance sheet and strong core deposit base.
While facing challenges in managing business dynamics and transitioning non-interest income models, the company is poised to capitalize on opportunities like margin growth and enhanced digital offerings.
By focusing on internal enhancements, talent, and technology investments, First Merchants aims to sustain its performance and drive growth in 2023 amidst a changing financial landscape.

First Merchants (FRME) reports robust Q1 earnings and eyes strategic growth opportunities

First Merchants (FRME) delivered a strong Q1 performance with notable increases in earnings per share, net income, and key financial metrics. While facing challenges in managing deposit mix changes and potential seasonality, the company is strategically positioned for organic growth and potential M&A activities in the future.

First Merchants (FRME) reports robust Q2 earnings amidst margin challenges

First Merchants (FRME) delivered strong financial performance in Q2 2023, with notable improvements in earnings per share and key financial metrics.
While facing challenges with potential net interest margin compression, the company remains focused on strategic initiatives to sustain growth and profitability.
Opportunities in optimizing funding strategies and managing deposit trends position First Merchants (FRME) for continued success in a dynamic financial landscape.

First Merchants reports solid Q3 performance amidst margin challenges

First Merchants' Q3 performance reflected a decline in EPS but strong loan growth and solid returns on equity and assets.
The company's focus on organic growth, fee income, and technology investments underpins its commitment to sustainable expansion.
While facing margin pressures and challenges in commercial real estate renewals, First Merchants remains optimistic about future loan growth.
Maintaining a strong capital position and efficient operations position the company well to capitalize on growth opportunities in the market.

First Merchants (FRME) reports strong Q4 earnings and strategic growth focus

First Merchants (FRME) delivered a strong performance in Q4 2023, with robust financial results and efficient asset utilization. The company's focus on strategic growth opportunities and customer relationships underpins its resilience amidst industry challenges.
While challenges such as deposit repricing and potential loan growth provisions exist, First Merchants' proactive approach and strong financial position position it well for the future. Monitoring key financial metrics and risk factors will be crucial for sustained success.
Opportunities lie in capitalizing on the company's strengths, exploring growth avenues, and optimizing operational efficiency. First Merchants' ability to navigate challenges and leverage opportunities can drive sustainable growth and shareholder value.

First Merchants reports solid Q1 earnings, eyes growth opportunities

First Merchants Corporation delivered a solid performance in Q1 2024, with strong profitability metrics and a focus on organic growth.
Despite challenges such as a slight decline in loan portfolio yield, the company's prudent capital management and optimism for growth position it well for the future.
Opportunities lie in ongoing loan growth trends, stable margin outlook, and strategic initiatives to enhance operational efficiency and profitability.

First Merchants reports robust Q2 performance amid growth opportunities

First Merchants Corporation delivered a solid performance in Q2 2024, showcasing financial strength and operational resilience amidst challenges.
The company's focus on loan growth, fee income generation, and strategic initiatives positions it well to capitalize on growth opportunities in the market.
While facing challenges such as provision expenses and margin stability concerns, First Merchants remains poised to navigate these obstacles and leverage opportunities for future success.

First Merchants reports resilient Q3 performance amidst growth strategies

First Merchants delivered a solid financial performance in Q3 2024, showcasing resilience and operational efficiency.
The company's focus on organic growth, technology enhancements, and core banking operations positions it well for future revenue generation.
While facing challenges in certain portfolio segments, First Merchants has opportunities to optimize its operations, explore strategic initiatives, and drive sustainable growth.
By addressing challenges, leveraging strengths, and capitalizing on opportunities, First Merchants can navigate market dynamics and enhance shareholder value.

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Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does First Merchants (FRME) have what it takes?

First Merchants (FRME) is a Top Dividend Stock Right Now: Should You Buy?

First Merchants Corporation (NASDAQ:FRME ) Q2 2022 Earnings Conference Call July 26, 2022 10:30 AM ET Company Participants Mark Hardwick - CEO Mike Stewart - President Michele Kawiecki - CFO John Martin - Chief Credit Officer Conference Call Participants Daniel Tamayo - Raymond James Terry McEvoy - Stephens Damon DelMonte - KBW Ignacio Gonzalez - Piper Sandler Brian Martin - Janney Company Operator Good day, ladies and gentlemen and thank you for standing by. Welcome to the First Merchants Corporation Second Quarter Earnings Conference Call.

First Merchants Corporation (FRME) CEO Mark Hardwick on Q2 2022 Results - Earnings Call Transcript

First Merchants (FRME) delivered earnings and revenue surprises of 14.77% and 3.54%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

First Merchants (FRME) Surpasses Q2 Earnings and Revenue Estimates

MUNCIE, Ind., July 26, 2022 (GLOBE NEWSWIRE) -- First Merchants Corporation (NASDAQ - FRME)

First Merchants Corporation Announces Second Quarter 2022 Earnings per Share

First Merchants (FRME) possesses 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) Expected to Beat Earnings Estimates: Should You Buy?

This is Why First Merchants (FRME) is a Great Dividend Stock

MUNCIE, Ind., July 05, 2022 (GLOBE NEWSWIRE) -- First Merchants Corporation (Nasdaq:FRME) will report second quarter 2022 financial results on July 26, 2022. The Corporation will host a second quarter 2022 earnings conference call and webcast at 10:30 a.m. (ET) on Tuesday, July 26, 2022.

First Merchants Corporation to Report Second Quarter 2022 Financial Results, Host Conference Call and Webcast

MUNCIE, Ind., June 23, 2022 (GLOBE NEWSWIRE) -- First Merchants Corporation, a $18 billion financial holding company, has elected Kevin D. Johnson and Jason R. Sondhi to the Boards of Directors of First Merchants Corporation and First Merchants Bank. Johnson, President and Chief Executive Officer for the Detroit Economic Growth Corporation, has focused on job creation, capital investment and small business growth for the City of Detroit since 2018. Sondhi, Founder and President of Sondhi Solutions, headquartered in Indianapolis, Indiana, oversees the strategy of his IT staffing and consulting company serving small to mid-sized enterprise businesses and governmental agencies.

First Merchants Corporation Elects Kevin D. Johnson and Jason R.

First Merchants has built a quality loan book with less than 0.6% of the loans classified as past due. The bank had to foreclose on a $5.8M loan in Q1 but does not expect to lose even a single dollar.

First Merchants: The Level One Acquisition Will Boost Earnings Power

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MUNCIE, Ind., May 11, 2022 (GLOBE NEWSWIRE) -- First Merchants Corporation (NASDAQ: FRME), a $18 billion financial holding company, has elected Patrick J. Fehring to the Boards of Directors of First Merchants Corporation and First Merchants Bank. Fehring recently announced plans to transition from his day-to-day leadership role as President and Chief Executive Officer of Level One Bank and Level One Bancorp, Inc. He has served in this position since the founding of the bank in 2007. First Merchants Corporation and Level One Bancorp finalized a merger of the two companies in April.

First Merchants Corporation Elects Patrick Fehring to Its Board of Directors

First Merchants Corporation (NASDAQ:FRME ) Q1 2022 Earnings Conference Call April 26, 2022 10:00 AM ET CompanyParticipants Mark Hardwick - Chief Executive Officer Mike Stewart - President Michele Kawiecki - Executive Vice President & Chief Financial Officer John Martin - Chief Credit Officer Conference Call Participants Ignacio Gonzalez - Piper Sandler Daniel Tamayo - Raymond James Damon DelMonte - KBW Daniel Thomas - Stephens, Inc. Brian Martin - Janney Operator Good day, ladies and gentlemen. Welcome to First Merchants Corporation First Quarter Earnings.

First Merchants Corporation (FRME) CEO Mark Hardwick on Q1 2022 Results - Earnings Call Transcript

First Merchants (FRME) delivered earnings and revenue surprises of 1.15% and 2.20%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

First Merchants (FRME) Q1 Earnings Top Estimates

MUNCIE, Ind., April 26, 2022 (GLOBE NEWSWIRE) -- First Merchants Corporation (NASDAQ - FRME)

First Merchants Corporation Announces First Quarter 2022 Earnings Per Share

MUNCIE, Ind., April 13, 2022 (GLOBE NEWSWIRE) -- First Merchants Corporation (Nasdaq:FRME) will report first quarter 2022 financial results on April 26, 2022. The Corporation will host a first quarter 2022 earnings conference call and webcast at 10:00 a.m. (ET) on Tuesday, April 26, 2022. Please note: The time of the call has been changed from 2:30 p.m. to 10:00 a.m. (ET). To participate, dial (Toll Free) 877-806-2932 and reference Conference ID 6838926. International callers please call +1 478-219-0639.

REVISED: First Merchants Corporation to Report First Quarter 2022 Financial Results, Host Conference Call and Webcast

MUNCIE, Ind., April 05, 2022 (GLOBE NEWSWIRE) -- First Merchants Corporation (Nasdaq:FRME) will report first quarter 2022 financial results on April 26, 2022. The Corporation will host a first quarter 2022 earnings conference call and webcast at 2:30 p.m. (ET) on Tuesday, April 26, 2022. To participate, dial (Toll Free) 877-806-2932 and reference Conference ID 6838926. International callers please call +1 478-219-0639.

First Merchants Corporation to Report First Quarter 2022 Financial Results, Host Conference Call and Webcast

MUNCIE, Ind., April 01, 2022 (GLOBE NEWSWIRE) -- First Merchants Corporation (NASDAQ: FRME) and Level One Bancorp, LLC (NASDAQ: LEVL) have finalized a merger of the two companies. Following regulatory approvals last month, the companies consummated their legal closing through a cash/stock transaction effective April 1, 2022. As previously announced in late 2021, Level One Bank will also merge with and into First Merchants Bank.

First Merchants Corp. Completes Legal Closing of Level One Bancorp Merger

First Merchants Corporation (FRME) CEO Mark Hardwick on Q4 2021 Results - Earnings Call Transcript

First Merchants (FRME) delivered earnings and revenue surprises of -5.32% and 5.58%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

First Merchants (FRME) Q4 Earnings and Revenues Lag Estimates

MUNCIE, Ind., Jan. 27, 2022 (GLOBE NEWSWIRE) -- First Merchants Corporation (NASDAQ - FRME) has reported fourth quarter 2021 net income of $47.7 million compared to $45.1 million during the same period in 2020. Earnings per share for the period totaled $.89 per share compared to the fourth quarter 2020 result of $.83 per share. Net income for the year ended December 31, 2021 totaled $205.5 million, compared to $148.6 million during the same period in 2020. Year-to-date earnings per share totaled $3.81 compared to $2.74 in 2020.

First Merchants Corporation Announces 2021 Record Results

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) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

NEW ORLEANS, Jan. 7, 2022 /PRNewswire/ -- Former Attorney General of Louisiana Charles C. Foti, Jr., Esq.

LEVEL ONE BANCORP INVESTOR ALERT BY THE FORMER ATTORNEY GENERAL OF LOUISIANA: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Level One Bancorp, Inc. - LEVL

MUNCIE, Ind., Jan. 06, 2022 (GLOBE NEWSWIRE) -- First Merchants Corporation (Nasdaq:FRME) will report fourth quarter 2021 financial results on January 27, 2022. The Corporation will host a fourth quarter 2021 earnings conference call and webcast at 2:30 p.m. (ET) on Thursday, January 27, 2022. To participate, dial (Toll Free) 877-806-2932 and reference Conference ID 2169777. International callers please call +1 478-219-0639.

First Merchants Corporation to Report Fourth Quarter 2021 Financial Results, Host Conference Call and Webcast

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