---
schema_version: "secwatch.filing_event.v1"
accession: "0000712534-25-000191"
form_type: "8-K"
ticker: "FRME"
cik: "0000712534"
company_name: "FIRST MERCHANTS CORP"
filed_at: "2025-10-22T23:59:59+00:00"
generated_at: "2026-05-17T02:52:58.152405+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# First Merchants Q3 2025 EPS $0.98 vs $0.84 YoY; loans up 8.7% annualized; announces acquisition of First Savings

## Summary
- 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.

## SEC filing metadata
- accession: 0000712534-25-000191
- form_type: 8-K
- ticker: FRME
- cik: 0000712534
- company_name: FIRST MERCHANTS CORP
- filed_at: 2025-10-22T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/712534/000071253425000191/0000712534-25-000191-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/712534/000071253425000191/frme-20251022.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000712534-25-000191
- JSON: https://secwatch.observer/filing/0000712534-25-000191.json
- Plain text: https://secwatch.observer/filing/0000712534-25-000191.txt

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