Core Insights - First Merchants Corporation reported a strong financial performance in Q2 2025, with net income available to common stockholders reaching $56.4 million, up from $39.5 million in Q2 2024, and diluted earnings per share increasing to $0.98 from $0.68 [2][10]. Financial Performance - Total assets as of June 30, 2025, were $18.6 billion, with total loans amounting to $13.3 billion, reflecting a year-over-year growth of $653.6 million, or 5.2% [3][20]. - Total deposits increased to $14.8 billion, marking a $228.5 million, or 1.6% increase over the past year, and a $335.6 million, or 9.3% annualized increase on a linked quarter basis [5][10]. - Net interest income for the quarter was $133.0 million, up $2.7 million, or 2.1% from the previous quarter, and up $4.4 million, or 3.5% from Q2 2024 [7][10]. - Noninterest income totaled $31.3 million, stable compared to Q2 2024, but increased by $1.3 million from Q1 2025, driven by higher gains on loan sales and treasury management fees [8][10]. Asset Quality - The allowance for credit losses on loans was $195.3 million, representing 1.47% of total loans, with net charge-offs totaling $2.3 million for the quarter [6][19]. - Non-performing assets to total assets decreased to 0.36% from 0.47% in the previous quarter, indicating improved asset quality [6][10]. Capital Position - The Corporation maintained a robust capital position, with a common equity tier 1 capital ratio of 11.35% and a total risk-based capital ratio of 13.06% [9][10]. - Year-to-date, the Corporation repurchased 818,480 shares for a total of $31.7 million, including 582,486 shares for $22.1 million in Q2 2025 [10]. Efficiency Metrics - The efficiency ratio for the quarter was reported at 53.99%, reflecting effective cost management despite a slight increase in noninterest expenses to $93.6 million [9][10].

Core Points - First Merchants Corporation will release its second quarter 2025 financial results on July 23, 2025 [1] - A conference call and webcast will be held on July 24, 2025, at 9:00 a.m. (ET) to discuss the financial results [1] - Participants can register for the call via a provided link to receive a phone number and access code [2] Company Overview - First Merchants Corporation is a financial holding company based in Muncie, Indiana, operating one full-service bank charter, First Merchants Bank [3] - The bank also includes a division known as First Merchants Private Wealth Advisors [3] - The company's common stock is traded on the NASDAQ Global Select Market under the symbol FRME [4]

Core Points - First Merchants Corporation has amended the ex-dividend date for its cash dividend from June 5, 2025, to June 6, 2025, while the payment date remains June 20, 2025 [1] Company Overview - First Merchants Corporation is a financial holding company based in Muncie, Indiana, operating one full-service bank charter, First Merchants Bank, and a division called First Merchants Private Wealth Advisors [2] - The common stock of First Merchants Corporation is traded on the NASDAQ Global Select Market under the symbol FRME [3]

Group 1 - First Merchants Corporation (NASDAQ: FRME) has shown strong performance during the bullish outlook period [1] - The focus of Crude Value Insights is on cash flow and companies in the oil and natural gas sector, emphasizing value and growth prospects [1] - Subscribers benefit from a comprehensive stock model account, detailed cash flow analyses of exploration and production firms, and live discussions about the sector [1]

First Merchants Corporation (NASDAQ: FRME ) is a century-old company based in Muncie, Indiana. Over time, it has expanded into Michigan and Ohio, but operates primarily in Indiana, where it accounts for 78% of total deposits.Hi there, welcome to my profile. My name is Eugenio Catone, I live in Italy and I am 26 years old.In 2023 I graduated in Business Administration and I completed CFA level 1 in 2024. I am currently a Popular Investor on the investing platform eToro, you can see there my public portfolio. ...

FORM 10-Q SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2025 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Transition Period from _______ to _______ FIRST MERCHANTS CORPORATION (Exact name of registrant as specified in its charter) | Indiana | | | --- | --- | | (State or other jurisdiction of incorporation) | ...

First Merchants (FRME) Q1 2025 Earnings Call April 24, 2025 10:47 PM ET Company Participants Mark Hardwick - CEOMichael Stewart - PresidentMichele Kawiecki - Executive Vice President & Chief Financial OfficerJohn Martin - Executive VP & Chief Credit OfficerDaniel Tamayo - Vice PresidentDamon Delmonte - Managing DirectorBrian Martin - Director - Banks & Thrifts Conference Call Participants Terry Mcevoy - MD & Research AnalystNathan Race - Managing Director & Senior Research Analyst Operator Thank you for sta ...

Financial Data and Key Metrics Changes - The first quarter of 2025 showed a strong start with a 4.8% annualized loan growth and a 23 basis point increase in return on assets [5] - Total assets reached $18.4 billion, with total loans at $13 billion and total deposits at $14.5 billion [5] - Net income for the first quarter was $54.9 million, an increase of $7.4 million or 15.6% year-over-year [5] - GAAP earnings per share increased to $0.94 from $0.80 a year ago, reflecting a 17.5% increase [6] - Tangible common equity stood at 8.9%, providing optimal capital flexibility [8] Business Line Data and Key Metrics Changes - The commercial segment drove loan growth, increasing by $169 million or a 7% annualized growth rate, with C&I loans growing by $248 million [10] - The consumer portfolio saw a 15% increase in mortgage unit volume and over 30% increase in dollar volume year-over-year [13] - Total deposits declined by 1.6% on an annualized basis, primarily due to a $208 million decline in public funds [15] Market Data and Key Metrics Changes - The company operates primarily in Indiana, Michigan, and Ohio, focusing on commercial banking [9] - The commercial deposit balance decline was largely attributed to public funds, which are high-cost deposits [15] Company Strategy and Development Direction - The company maintains a commercially focused strategy across all business segments [9] - There is a focus on organic growth and high performance, with a selective approach to M&A [41] - The company plans to continue its share repurchase program, having already repurchased $10 million in shares [7] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about maintaining loan growth despite market volatility and potential impacts from tariffs [42] - The loan pipeline remains strong, with expectations of mid to high single-digit loan growth for the year [42] - Management is actively monitoring the impact of tariffs on their customer base [42] Other Important Information - The company has a new $100 million share repurchase program approved by the board [7] - Noninterest income totaled $30 million, with customer-related fees declining from the previous quarter [26] Q&A Session Summary Question: Expectations on additional charge-offs related to multifamily NPA - Management does not expect any additional loss and is optimistic about the closing of the nonperforming asset [46][47] Question: Outlook on fee income for the second quarter - Management expects mid to high single-digit growth in fee income, with double-digit growth anticipated in mortgage banking [51][52] Question: Impact of fixed-rate loans on loan yields - There are $190 million of fixed-rate loans that will be repricing through the end of 2025, with a rate of about 4.65% [58] Question: Updated outlook on expenses - Guidance remains at 1% to 3% expense growth over the 2024 base, with current trends running ahead of that [66][67] Question: Strategy for cash flows from the securities portfolio - The company is reallocating cash flows to support loan growth rather than reinvesting in securities [68] Question: Thoughts on M&A strategy - The company continues to stay close to potential partners in its primary markets, but the current volatility makes it challenging to create momentum [71] Question: Expectations for margin in the second quarter - Management expects margin to remain stable, with potential for slight expansion depending on Fed actions [76][79] Question: Areas of exposure due to tariffs - Management is analyzing the impact of tariffs on various portfolios but finds it too early to quantify specific risks [100][102]

First Merchants (FRME) Q1 2025 Earnings Call April 24, 2025 11:30 AM ET Company Participants Mark Hardwick - CEOMichael Stewart - PresidentMichele Kawiecki - Executive Vice President & Chief Financial OfficerJohn Martin - Executive VP & Chief Credit OfficerDaniel Tamayo - Vice PresidentDamon Delmonte - Managing DirectorBrian Martin - Director - Banks & Thrifts Conference Call Participants Terry Mcevoy - MD & Research AnalystNathan Race - Managing Director & Senior Research Analyst Operator Thank you for sta ...

For the quarter ended March 2025, First Merchants (FRME) reported revenue of $160.32 million, up 4.3% over the same period last year. EPS came in at $0.94, compared to $0.85 in the year-ago quarter. The reported revenue represents a surprise of -4.52% over the Zacks Consensus Estimate of $167.9 million. With the consensus EPS estimate being $0.91, the EPS surprise was +3.30%. While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Stre ...