secwatch.observer — SEC 8-K summary
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Issuer:     FIRST MERCHANTS CORP (FRME)
CIK:        0000712534
Form:       8-K
Filed at:   2026-01-26T23:59:59+00:00
Accession:  0000712534-26-000011
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/712534/000071253426000011/0000712534-26-000011-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/712534/000071253426000011/frme-20260126.htm
  HTML page:      https://secwatch.observer/filing/0000712534-26-000011

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