Paul Fultz
Also, on May 19, 2026, the Corporation's Board of Directors appointed Paul Fultz to fill the vacancy on the Board created by Mr. Lehman's retirement.
Highest-materiality recent filing
Director Mung Chiang resigns from First Merchants board effective July 1, 2026
Dr. Mung Chiang resigned from the Board effective July 1, 2026.
First Merchants authorizes $100M stock repurchase program covering ~5% of shares
Board approved repurchase of up to 3,125,000 shares (~5% of outstanding) for max $100M.
All nine incumbent directors re-elected for one-year terms; votes for ranged from 36.8M to 45.3M, with most withheld votes between 360K and 8.9M.
First Merchants appoints Paul Fultz to Board after Gary Lehman's retirement
Gary Lehman retired from the Board effective May 19, 2026, after serving since 2011; not due to any disagreement.
First Merchants declares $0.37 common dividend payable June 19, 2026
$0.37 per common share cash dividend declared on May 19, 2026.
First Merchants Q1 2026 adjusted EPS $1.03, up 9.6% YoY; acquires First Savings
GAAP diluted EPS $0.45; adjusted diluted EPS $1.03, up 9.6% YoY from $0.94.
First Merchants declares quarterly preferred dividend of $0.4688 per depositary share
Dividend of $46.88 per share on Series A preferred stock (NAS: FRMEP).
First Merchants Corporation declares $0.36 quarterly dividend payable March 20, 2026
Cash dividend of $0.36 per common share declared on February 10, 2026.
First Merchants appoints former First Savings CEO Larry Myers to board
Larry Myers appointed to First Merchants Corp and Bank boards, effective Feb 9, 2026.
First Merchants adopts 2026 incentive plan for NEOs with EPS-based metrics
CEO Hardwick: threshold 40%, target 80%, maximum 160% of base salary based on diluted GAAP EPS.
First Merchants completes merger with First Savings Financial Group; combined assets ~$21.4B
Merger effective Feb 1, 2026; each FSFG share converted into 0.85 FRME shares; ~6.1M FRME shares issued.
Net income available to common $56.6M ($0.99 diluted EPS); adjusted EPS $0.98; full-year record $224.1M ($3.88 EPS).
First Merchants gets final regulatory nod for First Savings merger; close Feb 1, 2026
Received non-objection from Federal Reserve Bank of Chicago on Jan 15, 2026 for merger waiver.
First Merchants declares $46.88 quarterly preferred dividend payable Feb 16
Quarterly cash dividend on 7.50% Series A preferred stock: $46.88 per share ($0.4688 per depositary share).
First Merchants declares $0.36 quarterly dividend payable Dec 19, 2025
Cash dividend of $0.36 per common share declared on November 14, 2025.
Director Patrick Fehring retires from First Merchants board; board size reduced to 12
Patrick Fehring retired from the Board of Directors effective November 14, 2025.
Net income $56.3M, diluted EPS $0.98 vs $0.84 in Q3 2024; adjusted EPS $0.99.
First Merchants declares quarterly preferred dividend of $0.4688 per depositary share
Quarterly cash dividend on 7.50% Non-Cumulative Perpetual Preferred Stock Series A: $46.88 per share.
First Merchants to acquire First Savings in $241M all-stock merger; exchange ratio 0.85
All-stock transaction valued at ~$241.3M; FSFG shareholders receive 0.85 FRME shares per share, implied $33.60/FSFG share.
First Merchants declares $0.36/share common dividend payable Sept 19, 2025
Cash dividend of $0.36 per common share announced on August 15, 2025.
First Merchants Q2 diluted EPS $0.98 vs $0.68 YoY; loans up 9.1% annualized
Diluted EPS $0.98 in Q2 2025 vs $0.68 YoY and $0.94 linked quarter; net income $56.4M.
First Merchants declares quarterly dividend on Series A preferred stock
Quarterly cash dividend of $46.88 per share on 7.50% Non-Cumulative Perpetual Preferred Stock Series A.
First Merchants redeems $5M of 5.00% Senior Notes due 2028
Redemption of $5,000,000 principal amount of 5.00% Fixed-to-Floating Rate Senior Notes due 2028.
First Merchants amends ex-dividend date for $0.36 quarterly dividend to June 6, 2025
Ex-dividend date moved from June 5 to June 6, 2025.
First Merchants shareholders elect four directors, approve say-on-pay and auditor
Directors Halderman, Johnson, Kellogg, Rechin elected for one-year terms expiring at 2026 meeting.
First Merchants declares $0.36 per share cash dividend payable June 20
Dividend of $0.36 per common share declared on May 16, 2025.
First Merchants Q1 EPS $0.94 vs adjusted $0.85 a year ago; loan growth 4.8% annualized
Net income available to common stockholders $54.9M; diluted EPS $0.94; adjusted EPS in Q1 2024 was $0.85.
First Merchants Corporation holds Q1 2025 earnings call; slide presentation furnished
Earnings conference call and webcast conducted on April 24, 2025 at 11:30 a.m. ET.
First Merchants declares quarterly dividend on Series A preferred stock
Quarterly dividend of $46.88 per preferred share ($0.4688 per depositary share).
Board approved repurchase of up to 2,927,000 shares (approx. 5% of outstanding) at aggregate cost not exceeding $100M.
First Merchants Corporation to redeem $30M of 4.75% Subordinated Notes due 2029 on March 18, 2025
First Merchants will redeem $30,000,000 principal amount of its 4.75% Fixed-to-Floating Subordinated Notes due 2029.
First Merchants declares $0.35/share cash dividend payable March 21, 2025
Dividend of $0.35 per share declared on February 7, 2025.
First Merchants adopts 2025 SMICP; CEO target 80% base, max 160%
CEO Hardwick target 80% of base salary at SMICP; max 160% if goals met/exceeded.
First Merchants Q4 net income $63.9M; adjusted EPS $1.00; completes Illinois branch sale
GAAP diluted EPS $1.10; adjusted EPS $1.00 versus $0.90 in Q4 2023.
First Merchants reports Q4 2024 earnings; specific figures not provided in filing excerpt
Slides for Q4 2024 earnings call made available via Exhibit 99.1 on January 30, 2025.
First Merchants declares quarterly preferred dividend of $0.4688 per depositary share
Dividend of $46.88 per share on Series A 7.50% Non-Cumulative Perpetual Preferred Stock.
First Merchants declares $0.35/share cash dividend payable Dec 20
Quarterly cash dividend of $0.35 per share declared on November 12, 2024.
First Merchants Q3 GAAP EPS $0.84; adjusted EPS $0.95, up from $0.94 a year ago
Net income available to common $48.7M; diluted EPS $0.84 vs $0.94 in Q3 2023.
First Merchants Q3 2024 earnings reported; no specific figures in filing excerpt
Conference call held on Oct 24, 2024, for Q3 2024 results.
First Merchants declares $0.4688/share quarterly preferred dividend
Quarterly cash dividend of $46.88 per share on 7.50% Non-Cumulative Perpetual Preferred Series A.
First Merchants sells 5 Illinois branches to Old Second for ~$304M in deposits; expects $23M gain
Old Second to pay 7.5% deposit premium (~$23M cash) to First Merchants for $304M deposits and $12M loans.
First Merchants declares $0.35 per share cash dividend, payable Sept 20
Quarterly cash dividend of $0.35 per share on common stock declared.
First Merchants Q2 net income $39.5M, EPS $0.68 vs $1.02 YoY; provision up on charge-offs
Diluted EPS $0.68, down from $1.02 in Q2 2023 and $0.80 in Q1 2024.
First Merchants announces Q2 2024 earnings; specific results not included in filing text
The 8-K reports that Q2 2024 earnings conference call held on July 25, 2024; slide presentation furnished as Exhibit 99.1.
First Merchants declares Series A preferred dividend of $46.88 per share
Quarterly cash dividend of $46.88 per share on 7.50% Non-Cumulative Perpetual Preferred Stock Series A.
First Merchants adopts shareholder bylaw amendment, board declassification, majority voting
Shareholders granted the right to amend the company's Bylaws.
First Merchants Corp adopts annual say-on-pay votes after shareholder advisory vote
Shareholders voted for annual advisory votes on executive compensation, consistent with Board recommendation.
Shareholders approve 2024 equity incentive and stock purchase plans
Shareholders approved 2024 Long-Term Equity Incentive Plan, authorizing 1,400,000 common shares.
First Merchants shareholders approve all proposals at 2024 annual meeting
Elected directors Becher, Fehring, Hardwick, Sondhi to three-year terms; strong support (40M+ votes each).
First Merchants declares $0.35/share quarterly dividend payable June 21
Cash dividend of $0.35 per share declared on May 7, 2024.
Also, on May 19, 2026, the Corporation's Board of Directors appointed Paul Fultz to fill the vacancy on the Board created by Mr. Lehman's retirement.
On May 19, 2026, First Merchants Corporation (the “Corporation”) announced the retirement of Gary Lehman from the Board of Directors effective immediately.
On May 7, 2024, First Merchants Corporation (the "Corporation") appointed Jean Wojtowicz as Chairperson and Micheal C. Rechin as Vice Chairperson of First Merchants Corporation and First Merchants Bank Board of Directors.
On May 7, 2024, First Merchants Corporation (the "Corporation") appointed Jean Wojtowicz as Chairperson and Micheal C. Rechin as Vice Chairperson of First Merchants Corporation and First Merchants Bank Board of Directors.
the Corporation appointed Jean Wojtowicz as Vice Chairperson of First Merchants Corporation and First Merchants Bank.
The Board appointed Dr. Mung Chiang to fill the vacancy.
the Board appointed Kevin D. Johnson to fill the vacancy in Class I.
the Board appointed Jason R. Sondhi to fill the vacancy in Class III.
The Board appointed Patrick Fehring to fill the vacancy.
Max materiality 0.85 · Median 0.30 · Most common event dividend