---
schema_version: "secwatch.filing_event.v1"
accession: "0000712534-25-000167"
form_type: "8-K"
ticker: "FRME"
cik: "0000712534"
company_name: "FIRST MERCHANTS CORP"
filed_at: "2025-07-23T23:59:59+00:00"
generated_at: "2026-05-18T03:51:02.937762+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# First Merchants Q2 diluted EPS $0.98 vs $0.68 YoY; loans up 9.1% annualized

## Summary
- Diluted EPS $0.98 in Q2 2025 vs $0.68 YoY and $0.94 linked quarter; net income $56.4M.
- Net interest income $133.0M (+2.1% linked quarter); NIM 3.25% (+9 bps YoY).
- Loans grew $297.6M (9.1% annualized) linked quarter; deposits increased $335.6M (9.3% annualized).
- Nonperforming assets to total assets improved to 0.36% from 0.47% linked quarter.
- Repurchased 582,486 shares for $22.1M in Q2; year-to-date 818,480 shares for $31.7M.

## SEC filing metadata
- accession: 0000712534-25-000167
- form_type: 8-K
- ticker: FRME
- cik: 0000712534
- company_name: FIRST MERCHANTS CORP
- filed_at: 2025-07-23T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- 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/712534/000071253425000167/0000712534-25-000167-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/712534/000071253425000167/frme-20250723.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000712534-25-000167
- JSON: https://secwatch.observer/filing/0000712534-25-000167.json
- Plain text: https://secwatch.observer/filing/0000712534-25-000167.txt

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