US · Financial Services · Banks - Regional
EPS came in at 1.10 against a street estimate of 1.04 — a beat of 5.8%.
Analysts rate First Merchants Corporation a buy (5 buy, 1 hold, 0 sell out of 6) with an average price target of $46.33.
CONFIDENT First Merchants delivered stronger earnings, expanding margins and stable credit trends. Management expects mid-single-digit loan growth, stable Q4 margin, and continued capital returns despite elevated problem-credit activity. Q3 FY26 Management described Midwest markets as resilient and emphasized relationship-driven organic growth across its three-state footprint. Analysts focused on credit normalization, loan pipelines, margin durability, expenses, capital returns and the CEO transition. Management characterized credit issues as contained, reaffirmed growth plans, and maintained a 3%–5% 2027 expense outlook. 2026-10-22…
Full summary in the app.
| Fund | Stake |
|---|---|
| BlackRock Inc | 8.48% |
| Dimensional Fund Advisors, Inc. | 5.88% |
| Vanguard Portfolio Management, LLC | 5.42% |
| Vanguard Capital Management, LLC | 4.33% |
| State Street Corp | 4.06% |
| Earnest Partners LLC | 3.46% |
| Geode Capital Management, LLC | 2.66% |
| Nuveen, LLC | 1.69% |
| Document | Date |
|---|---|
| Quarterly report · Q3 2026 HEADLINE NUMBERS • First Merchants Corporation reported third-quarter 2026 net income of $68.315 million, up from $56.765 million in the third quarte | 2026-10-30 |
| Results announced · Q4 2026 HEADLINE NUMBERS • Third-quarter 2026 net income available to common stockholders was $67.8 million, or $1.09 per diluted share, versus $43.5 million | 2026-10-21 |
| Company announcement · Q4 2026 HEADLINE NUMBERS • First Merchants Corporation declared a quarterly cash dividend on its 7.50% Non-Cumulative Perpetual Preferred Stock, Series A. • | 2026-10-15 |
| Board / officer change · Q4 2026 HEADLINE NUMBERS • First Merchants Corporation announced that Chief Executive Officer Mark K. Hardwick will retire effective January 1, 2027. • Mich | 2026-10-01 |
| Material agreement · Q3 2026 FIRST MERCHANTS CORPORATION – 8-K SUMMARY HEADLINE NUMBERS • Company issued $100 million aggregate principal amount of 6.750% Fixed-to-Floating Rate | 2026-09-25 |
| Material agreement · Q3 2026 FIRST MERCHANTS CORPORATION (FRME) – 8-K SUMMARY HEADLINE NUMBERS • Company issuing $100,000,000 in subordinated notes at 6.750% fixed-to-floating r | 2026-09-24 |
| Company announcement · Q3 2026 FIRST MERCHANTS CORPORATION (FRME) - FORM 8-K SUMMARY HEADLINE NUMBERS • Cash dividend declared: $0.37 per common share • Dividend payment date: Sep | 2026-08-14 |
| Quarterly report · Q2 2026 FIRST MERCHANTS CORPORATION – 10-Q SUMMARY (Q2 2026) HEADLINE NUMBERS • Total Assets: $21.35 billion as of June 30, 2026 (up from $19.03 billion at | 2026-07-31 |
Readable in the app.
| Action | Detail | Date |
|---|---|---|
| Dividend | $0.37 / share ex-date Sep 4, 2026 · pay Sep 18, 2026 | 2026-09-04 |
| Dividend | $0.37 / share ex-date Jun 5, 2026 · pay Jun 19, 2026 | 2026-06-05 |
| Dividend | $0.36 / share ex-date Mar 6, 2026 · pay Mar 20, 2026 | 2026-03-06 |
| Dividend | $0.36 / share ex-date Dec 5, 2025 · pay Dec 19, 2025 | 2025-12-05 |
Technicals, trade setups with a published hit rate, AI analysis and earnings-call summaries for First Merchants Corporation — free to start.
Open in the appGoogle PlayApp StoreData updated 2026-11-07.