MUNCIE, Ind., July 25, 2024 (GLOBE NEWSWIRE) -- First Merchants Corporation (NASDAQ - FRME) Net income available to common stockholders was $39.5 million and diluted earnings per common share totaled $.68 in the second quarter of 2024, compared to $60.4 million and $1.02 in the second quarter of 2023, and $47.5 million and $.80 in the first quarter of 2024. Strong capital position with Common Equity Tier 1 Capital Ratio of 11.02 percent. Net interest margin totaled 3.16 percent compared to 3.10 percent on a ...

Alistair Berg An old bank you have likely never heard of Business Highlights Michigan Monroe MSA Rank: 1 Detroit MSA Rank: 9 Deposits: $2.7B Loans: $2.7B Northeast Indiana Muncie MSA Rank: 1 Ft Wayne MSA Rank: 3 Deposits: $4.4B Northwest Indiana Loans: $1.9B Lake County Rank: 4 Columbus Lafayette MSA Rank: 2 Columbus MSA Rank: 14 Deposits: $0.7B Deposits: $3.4B Loans: $2.3B Loans: $1.4B Indianapolis Indianapolis MSA Rank: 8 Deposits: $3.7B Loans: $4.2B Operationally speaking, First Merchants is spread acros ...

MUNCIE, Ind., May 08, 2024 (GLOBE NEWSWIRE) -- First Merchants Corporation announced that Jean L. Wojtowicz has been appointed as First Merchants Corporation and First Merchants Bank Chair of the Board of Directors. Effective May 7, 2024, Wojtowicz succeeds Charles E. Schalliol, who retired after serving as Chair for the past seventeen years. Schalliol said, "It has been my pleasure to serve as Chair of the Board of First Merchants for the past 17 years during which time First Merchants has enjoyed unpreced ...

MUNCIE, Ind., May 08, 2024 (GLOBE NEWSWIRE) -- First Merchants Corporation declared a cash dividend on May 7, 2024 of $0.35 per share. The dividend is payable on June 21, 2024, to shareholders of record as of June 7, 2024. For purposes of broker trading, the ex-date of the cash dividend is June 6, 2024. About First Merchants Corporation: First Merchants Corporation is a financial holding company headquartered in Muncie, Indiana. The Corporation has one full-service bank charter, First Merchants Bank. The Ba ...

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, 2024 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) reported $153.7 million in revenue for the quarter ended March 2024, representing a year-over-year decline of 9.1%. EPS of $0.85 for the same period compares to $1.07 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $154.95 million, representing a surprise of -0.81%. The company delivered an EPS surprise of +3.66%, with the consensus EPS estimate being $0.82.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall ...

First Merchants (FRME) came out with quarterly earnings of $0.85 per share, beating the Zacks Consensus Estimate of $0.82 per share. This compares to earnings of $1.07 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 3.66%. A quarter ago, it was expected that this bank would post earnings of $0.87 per share when it actually produced earnings of $0.87, delivering no surprise.Over the last four quarters, the company has surpassed ...

N / E / W / S R / E / L / E / A / S / E April 25, 2024 FOR IMMEDIATE RELEASE For more information, contact: Nicole M. Weaver, Vice President and Director of Corporate Administration 765-521-7619 http://www.firstmerchants.com SOURCE: First Merchants Corporation, Muncie, Indiana FIRST MERCHANTS CORPORATION ANNOUNCES FIRST QUARTER 2024 EARNINGS PER SHARE First Merchants Corporation (NASDAQ - FRME) First Quarter 2024 Highlights: Mark Hardwick, Chief Executive Officer, stated, "Given the length and severity of t ...

MUNCIE, Ind., April 25, 2024 (GLOBE NEWSWIRE) -- First Merchants Corporation (NASDAQ - FRME) First Quarter 2024 Highlights: Net income available to common stockholders was $47.5 million and diluted earnings per common share totaled $0.80 compared to $63.6 million and $1.07 in the first quarter of 2023, and $42.0 million and $0.71 in the fourth quarter of 2023.   Net income and diluted earnings per common share, excluding non-core charges of $3.5 million incurred during the quarter, totaled $50.1 million and ...

MUNCIE, Ind., April 15, 2024 (GLOBE NEWSWIRE) -- First Merchants Corporation has declared a quarterly cash dividend of $46.88 per share on its 7.50% Non-Cumulative Perpetual Preferred Stock Series A, represented by depositary shares (NASDAQ:FRMEP) each representing a 1/100th interest in a share of the Series A preferred stock. Holders of depositary shares will receive $0.4688 per depositary share. The dividend will be payable on May 15, 2024, to stockholders of record on April 30, 2024. About First Merchant ...