First Merchants Corp FRME

GlobeNewswire Inc. 13 nov

First Merchants Corporation announced a cash dividend of $0.37 per common share, payable on December 18, 2026 to shareholders of record as of December 4, 2026. The financial holding company, headquartered in Muncie, Indiana, operates First Merchants Bank and trades on NASDAQ under the symbol FRME.

The Motley Fool 29 oct

First Merchants reported Q3 2026 net income of $67.8 million with expanding net interest margins and improved loan yields. The bank is successfully resolving legacy problem loans with minimal new provision expenses and shifting strategy toward organic regional growth while reducing exposure to shared national credits. Management maintains disciplinary pricing on new loans at 6.34% average yield.

Zacks Investment Research 21 oct

First Merchants reported Q3 2026 revenue of $205.33 million, up 23.6% year-over-year, beating consensus estimates by 0.67%. EPS of $1.10 exceeded expectations of $1.04 by 5.77%. Key metrics including efficiency ratio, net interest margin, and charge-offs aligned with analyst estimates. The stock has underperformed the broader market over the past month and carries a Zacks Rank #3 (Hold) rating.

Zacks Investment Research 21 oct

First Merchants (FRME) reported Q3 2026 earnings of $1.10 per share, beating consensus estimates of $1.04, with revenues of $205.33 million slightly exceeding expectations. However, the stock has underperformed the S&P 500 year-to-date, gaining 7% versus the market's 12.7%. The company received a Zacks Rank #3 (Hold) rating, suggesting near-term performance in line with the market. First Financial Bancorp (FFBC) from the same Midwest banking industry is expected to report results on October 27.

Zacks Investment Research 15 oct

1st Source (SRCE) is positioned as a likely earnings beat candidate for Q3 2026 with a positive Earnings ESP of +0.55% and Zacks Rank #3, supported by a history of beating estimates. In contrast, First Merchants (FRME) faces a more uncertain outlook with a negative Earnings ESP of -0.64% despite expected year-over-year earnings growth of 5.1%.