earnings
confidence high
sentiment positive
materiality 0.80
First Merchants Q3 2025 EPS $0.98 vs $0.84 YoY; loans up 8.7% annualized; announces acquisition of First Savings
FIRST MERCHANTS CORP
2025-Q3 EPS reported
$2.90
- Net income $56.3M, diluted EPS $0.98 vs $0.84 in Q3 2024; adjusted EPS $0.99.
- Total loans grew $288.8M (8.7% annualized) linked quarter; deposits up $72.4M.
- Nonperforming assets stable at 0.36%; CET1 ratio 11.34%, tangible common equity 9.18%.
- Announced all-stock acquisition of First Savings Financial Group (~$241M) adding $2.4B assets; expected close Q1 2026.
- Repurchased 162,474 shares for $6.5M in Q3; YTD repurchases $36.5M.
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