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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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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Level One Bancorp Inc

NEW YORK, Nov. 4, 2021 /PRNewswire/ -- WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Level One Bancorp, Inc. ("Level One" or the "Company") (NASDAQ: LEVL) in connection with the proposed merger of the Company with First Merchants Corporation ("First Merchants") (NASDAQ: FRME).  Under the terms of the merger agreement, Level One shareholders will receive $10.17 in cash and 0.7167 shares of First Merchants common stock for each share of Level One common stock that they hold, representing implied per-share merger consideration of $40.17 based upon First Merchants' November 4, 2021 closing price of $41.86.

SHAREHOLDER ALERT: WeissLaw LLP Investigates Level One Bancorp, Inc.

Merchants Bancorp

First Merchants Corporation (NASDAQ: FRME) of Muncie, Indiana, is acquiring Level One Bancorp Inc. (NASDAQ: LEVL) of Farmington Hills, Michigan, in a stock and cash transaction valued at approximately $323.5 million. What Happened: The combined entity of First Merchants and Level One will have assets of approximately $17.6 billion and 122 banking offices across Indiana, Michigan, Ohio and Illinois.

First Merchants Bancorp Acquires Level One Bancorp For $323.5M

First Merchants Corporation (FRME) CEO Mark Hardwick on Q3 2021 Results - Earnings Call Transcript

First Merchants (FRME) delivered earnings and revenue surprises of 6.52% and 0.87%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

First Merchants (FRME) Tops Q3 Earnings and Revenue Estimates

MUNCIE, Ind., Oct. 26, 2021 (GLOBE NEWSWIRE) -- First Merchants Corporation (NASDAQ - FRME) has reported third quarter 2021 net income of $52.8 million compared to $36.2 million during the same period in 2020, an increase of 45.7 percent. Earnings per share for the period totaled $.98 per share compared to the third quarter of 2020 result of $.67 per share. Year-to-date net income totaled $157.8 million compared to $103.5 million during the nine months ended September 30, 2020, an increase of 52.5 percent. Year-to-date earnings per share totaled $2.92 compared to $1.91 during the same period in 2020.

First Merchants Corporation Announces Third Quarter 2021 Earnings Per Share

MUNCIE, Ind., Oct. 06, 2021 (GLOBE NEWSWIRE) -- First Merchants Corporation (Nasdaq:FRME) will report third quarter 2021 financial results on October 26, 2021. The Corporation will host a third quarter 2021 earnings conference call and webcast at 2:30 p.m. (ET) on Tuesday, October 26, 2021. To participate, dial (Toll Free) 877-507-0578 and reference First Merchants Corporation's third quarter earnings release. International callers please call +1 412-317-1073.

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

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Investors may want to consider the following securities, as their forward price-earnings ratios are lower than the S&P 500's historical average price-earnings ratio of 15. The projections of future earnings are based on data from Morningstar analysts.

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First Merchants Corporation (FRME) CEO Mark Hardwick on Q2 2021 Results - Earnings Call Transcript

First Merchants (FRME) delivered earnings and revenue surprises of 9.57% and 3.04%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

First Merchants (FRME) Tops Q2 Earnings and Revenue Estimates

Shares of First Merchants (NASDAQ:FRME) moved higher by 0.2% in pre-market trading after the company reported Q2 results. Quarterly Results Earnings per share were up 66.13% year over year to $1.03, which beat the estimate of $0.92.

Recap: First Merchants Q2 Earnings

MUNCIE, Ind., July 26, 2021 (GLOBE NEWSWIRE) -- First Merchants Corporation (NASDAQ - FRME) has reported second quarter 2021 net income of $55.6 million compared to $33 million during the same period in 2020. Earnings per share for the period totaled $1.03 per share compared to the second quarter of 2020 result of $.62 per share. Year-to-date net income totaled $105 million compared to $67.3 million during the six months ended June 30, 2020. Year-to-date earnings per share totaled $1.94 compared to $1.24 during the same period in 2020.

First Merchants Corporation Announces Second Quarter 2021 Earnings Per Share

First Merchants (NASDAQ:FRME) announces its next round of earnings this Monday, July 26. Here is Benzinga's everything-that-matters guide for this Monday's Q2 earnings announcement.

Earnings Preview: First Merchants

The heavy selling pressure might have exhausted for First Merchants (FRME) as it is technically in oversold territory now. In addition to this technical measure, strong agreement among Wall Street analysts in revising earnings estimates higher indicates that the stock is ripe for a trend reversal.

Down 10% in 4 Weeks, Here's Why First Merchants (FRME) Looks Ripe for a Turnaround

MUNCIE, Ind., July 02, 2021 (GLOBE NEWSWIRE) -- First Merchants Corporation (Nasdaq:FRME) will report second quarter 2021 financial results on July 26, 2021. The Corporation will host a second quarter 2021 earnings conference call and webcast at 2:30 p.m. (ET) on Monday, July 26, 2021. To participate, dial (Toll Free) 877-507-0578 and reference First Merchants Corporation's second quarter earnings release. International callers please call +1 412-317-1073.

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

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8 Upcoming Dividend Increases Including PepsiCo

First Merchants Corporation (FRME) CEO Mark Hardwick on Q1 2021 Results - Earnings Call Transcript

First Merchants (FRME) delivered earnings and revenue surprises of 16.67% and -1.85%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?

First Merchants (FRME) Tops Q1 Earnings Estimates

Shares of First Merchants (NASDAQ:FRME) were unchanged after the company reported Q1 results. Quarterly Results Earnings per share were up 46.77% year over year to $0.91, which beat the estimate of $0.76.

Recap: First Merchants Q1 Earnings

MUNCIE, Ind., April 22, 2021 (GLOBE NEWSWIRE) -- First Merchants Corporation (NASDAQ - FRME) has reported first quarter 2021 net income of $49.5 million compared to $34.3 million during the same period in 2020. Earnings per share for the period totaled $.91 per share compared to the first quarter of 2020 result of $.62 per share, an increase of $.29, or 47 percent.

First Merchants Corporation Announces First Quarter 2021 Earnings per Share

New York, New York--(Newsfile Corp. - April 2, 2021) - Levi & Korsinsky announces it has commenced an investigation of First Merchants Corporation (NASDAQ: FRME) concerning possible breaches of fiduciary duty. To obtain additional information, go to:https://www.zlk.com/compensation2/first-merchants-corporation-information-request-form\or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500. There is no cost or obligation to you.

SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Shareholders of an Investigation Concerning Possible Breaches of Fiduciary Duty by Certain Officers and Directors of First Merchants Corporation (FRME)

MUNCIE, Ind., April 01, 2021 (GLOBE NEWSWIRE) -- First Merchants Corporation (Nasdaq:FRME) will report first quarter 2021 financial results on April 22, 2021. The Corporation will host a first quarter 2021 earnings conference call and webcast at 2:30 p.m. (ET) on Thursday, April 22, 2021. To participate, dial (Toll Free) 877-507-0578 and reference First Merchants Corporation's first quarter earnings release. International callers please call +1 412-317-1073.

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

MUNCIE, Ind., Feb. 11, 2021 (GLOBE NEWSWIRE) -- First Merchants Corporation, a $14.1 billion financial holding company, has elected Susan Brooks and Mark Hardwick to the Board of Directors of First Merchants Corporation and First Merchants Bank. Brooks represented Indiana's 5th Congressional District in the U.S. House of Representatives, and Hardwick is Chief Executive Officer of First Merchants Corporation and First Merchants Bank. Both Ms. Brooks and Mr. Hardwick will be on the ballot for continuing terms at the Corporation's Annual Shareholder Meeting in May 2021.

First Merchants Corporation Elects Susan Brooks, Mark Hardwick to Its Board of Directors

First Merchants Corporation (FRME) CEO Mark Hardwick on Q4 2020 Results - Earnings Call Transcript

As of late, it has definitely been a great time to be an investor in First Merchants Corporation (FRME).

First Merchants' (FRME) Shares March Higher, Can It Continue?

MUNCIE, Ind., Jan. 07, 2021 (GLOBE NEWSWIRE) -- First Merchants Corporation (Nasdaq:FRME) will report fourth quarter 2020 financial results on January 28, 2021. The Corporation will host a fourth quarter 2020 earnings conference call and webcast at 2:30 p.m. (ET) on Thursday, January 28, 2021. To participate, dial (Toll Free) 877-507-0578 and reference First Merchants Corporation's fourth quarter earnings release. International callers please call +1 412-317-1073.

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