First Merchants Q4 EPS $0.99, adj $0.98; record full-year net income $224.1M; First Savings acquisition close Feb 1

FIRST MERCHANTS CORP

2025-FY EPS reported $3.88

Net income available to common $56.6M ($0.99 diluted EPS); adjusted EPS $0.98; full-year record $224.1M ($3.88 EPS).
Loans grew $197.4M linked qtr (5.8% annualized) to $13.8B; deposits +$424.9M (11.4% annualized) to $15.3B.
NIM (FTE) 3.29% +5bps linked qtr; efficiency ratio 54.52%; nonperforming assets 0.38% of total assets.
Regulatory approval obtained for First Savings Financial Group acquisition (~$2.4B assets); closing expected Feb 1, 2026.

item 2.02item 9.01

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.