---
schema_version: "secwatch.filing_event.v1"
accession: "0000712534-26-000032"
form_type: "8-K"
ticker: "FRME"
cik: "0000712534"
company_name: "FIRST MERCHANTS CORP"
filed_at: "2026-04-22T23:59:59+00:00"
generated_at: "2026-05-15T04:58:28.591216+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# First Merchants Q1 2026 adjusted EPS $1.03, up 9.6% YoY; acquires First Savings

## Summary
- GAAP diluted EPS $0.45; adjusted diluted EPS $1.03, up 9.6% YoY from $0.94.
- Closed acquisition of First Savings on Feb 1, adding $2.4B assets and $1.8B loans.
- Net interest margin expanded 13 bps YoY to 3.35%; net interest income $151.3M (+16.1% YoY).
- Repurchased 640,486 shares for $24.9M in Q1; CET1 ratio 11.22%.
- Non-core charges: $17M acquisition costs and $29.8M mark-to-market loss on loans reclassified to HFS.

## SEC filing metadata
- accession: 0000712534-26-000032
- form_type: 8-K
- ticker: FRME
- cik: 0000712534
- company_name: FIRST MERCHANTS CORP
- filed_at: 2026-04-22T23:59:59+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/712534/000071253426000032/0000712534-26-000032-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/712534/000071253426000032/frme-20260422.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000712534-26-000032
- JSON: https://secwatch.observer/filing/0000712534-26-000032.json
- Plain text: https://secwatch.observer/filing/0000712534-26-000032.txt

## Key facts
- Earnings Releases
  FIRST MERCHANTS CORP reported first quarter ended March 31, 2026 results: net income net income available to common stockholders was $27.7 million, EPS $0.45 per diluted share.
  - Period: first quarter ended March 31, 2026
  - Net income: net income available to common stockholders was $27.7 million
  - EPS: $0.45 per diluted share
  - Result: reported results
  source text: FIRST QUARTER 2026 RESULTS First Merchants Corporation (NASDAQ - FRME) (the "Corporation") First Quarter 2026 Highlights: • Net income available to common stockholders was $27.7 million, or $0.45 per diluted share, compared to $56.6 million, or $0.99 per diluted share, in the fourth quarter of 2025. On an adjusted basis 1 , net income totaled $63.1 million, or
  evidence_url: https://www.sec.gov/Archives/edgar/data/712534/000071253426000032/0000712534-26-000032-index.htm

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