---
schema_version: "secwatch.filing_event.v1"
accession: "0000712534-24-000335"
form_type: "8-K"
ticker: "FRME"
cik: "0000712534"
company_name: "FIRST MERCHANTS CORP"
filed_at: "2024-10-24T23:59:59+00:00"
generated_at: "2026-05-30T10:44:25.415639+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# First Merchants Q3 GAAP EPS $0.84; adjusted EPS $0.95, up from $0.94 a year ago

## Summary
- Net income available to common $48.7M; diluted EPS $0.84 vs $0.94 in Q3 2023.
- Adjusted net income $55.6M or $0.95 per share, excluding $9.1M pre-tax securities repositioning loss.
- Net interest margin expanded 7 bps sequentially to 3.23%; loans grew $15.5M linked quarter.
- Signed agreement to sell five Illinois branches; $287.7M deposits and $9.2M loans classified as held for sale.
- Nonperforming assets to total assets 35 bps, stable linked quarter; CET1 ratio 11.25%.

## SEC filing metadata
- accession: 0000712534-24-000335
- form_type: 8-K
- ticker: FRME
- cik: 0000712534
- company_name: FIRST MERCHANTS CORP
- filed_at: 2024-10-24T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/712534/000071253424000335/0000712534-24-000335-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/712534/000071253424000335/frme-20241024.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000712534-24-000335
- JSON: https://secwatch.observer/filing/0000712534-24-000335.json
- Plain text: https://secwatch.observer/filing/0000712534-24-000335.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.