Highest-materiality recent filing
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.
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 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.
Net income $56.3M, diluted EPS $0.98 vs $0.84 in Q3 2024; adjusted EPS $0.99.
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 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 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.
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 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 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 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 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.
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