| First Merchants Corporation: Downgrading After A Good Run |
First Merchants Corporation has seen a 27.5% increase in shares since my 'buy' rating in June 2024, outperforming the S&P 500's 7% rise. Despite growth in key balance sheet areas, recent financial performance has been mixed, with revenue and profit volatility prompting a downgrade to 'hold'. The bank's loan portfolio is diversified, but a high proportion of variable-rate loans could impact income negatively if interest rates drop. |
seekingalpha.com |
2025-05-15 16:26:04 |
Czytaj oryginał (ang.) |
| First Merchants Corporation: Why The Market Still Doesn't Trust This Bank |
First Merchants' current valuation is fair, with a solid 3.57% dividend yield, but limited capital gain potential and historical dividend growth concerns. FRME's deposits are sound but exhibit slow growth, with 30.40% being uninsured, posing a potential risk during economic downturns or panics. The bank's securities portfolio has significant unrealized losses, amounting to 23% of equity, necessitating a wait for maturity to avoid substantial equity deterioration. |
seekingalpha.com |
2025-05-14 06:15:46 |
Czytaj oryginał (ang.) |
| First Merchants Corporation (FRME) Q1 2025 Earnings Call Transcript |
First Merchants Corporation (NASDAQ:FRME ) Q1 2025 Results Conference Call April 24, 2025 11:30 AM ET Company Participants Mark Hardwick - Chief Executive Officer Michael Stewart - President Michele Kawiecki - Chief Financial Officer John Martin - Chief Credit Officer Conference Call Participants Daniel Tamayo - Raymond James Terry McEvoy - Stephens Damon DelMonte - KBW Nathan Race - Piper Sandler Brian Martin - Janney Montgomery Scott Operator Thank you for standing by and welcome to the First Merchants Corporation's First Quarter 2025 Earnings Conference Call. Before we begin, management would like to remind you that, today's call contains forward-looking statements with respect to the future performance of financial condition of First Merchants Corporation that involve risks and uncertainties. |
seekingalpha.com |
2025-04-24 19:35:18 |
Czytaj oryginał (ang.) |
| Here's What Key Metrics Tell Us About First Merchants (FRME) Q1 Earnings |
While the top- and bottom-line numbers for First Merchants (FRME) give a sense of how the business performed in the quarter ended March 2025, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values. |
zacks.com |
2025-04-24 15:00:37 |
Czytaj oryginał (ang.) |
| First Merchants (FRME) Tops Q1 Earnings Estimates |
First Merchants (FRME) came out with quarterly earnings of $0.94 per share, beating the Zacks Consensus Estimate of $0.91 per share. This compares to earnings of $0.85 per share a year ago. |
zacks.com |
2025-04-24 14:10:26 |
Czytaj oryginał (ang.) |
| Are You Looking for a High-Growth Dividend Stock? |
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does First Merchants (FRME) have what it takes? |
zacks.com |
2025-04-23 16:50:54 |
Czytaj oryginał (ang.) |
| First Merchants (FRME) Reports Next Week: Wall Street Expects Earnings Growth |
First Merchants (FRME) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations. |
zacks.com |
2025-04-17 15:06:17 |
Czytaj oryginał (ang.) |
| Why First Merchants (FRME) is a Great Dividend Stock Right Now |
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does First Merchants (FRME) have what it takes? |
zacks.com |
2025-04-07 16:50:39 |
Czytaj oryginał (ang.) |
| First Merchants Corporation to Report First Quarter 2025 Financial Results, Host Conference Call and Webcast |
MUNCIE, Ind., April 03, 2025 (GLOBE NEWSWIRE) -- First Merchants Corporation (Nasdaq:FRME) will report first quarter 2025 financial results on April 24, 2025. The Corporation will host a first quarter 2025 earnings conference call and webcast at 11:30 a.m. (ET) on Thursday, April 24, 2025. |
globenewswire.com |
2025-04-03 14:00:00 |
Czytaj oryginał (ang.) |
| New Strong Buy Stocks for March 28th |
NATL, BGC, CCNE, FRME and UVSP have been added to the Zacks Rank #1 (Strong Buy) List on March 28, 2025. |
zacks.com |
2025-03-28 10:01:07 |
Czytaj oryginał (ang.) |
| 3 Dividend Stocks to Consider for a Market Rebound |
Magnifying the trend of positive earnings estimate revisions for these highly ranked stocks is their attractive dividends, which are reassuring as investors hope the broader market will continue to stabilize and rebound. |
zacks.com |
2025-03-25 20:45:18 |
Czytaj oryginał (ang.) |
| First Merchants (FRME) Upgraded to Strong Buy: Here's Why |
First Merchants (FRME) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term. |
zacks.com |
2025-03-25 15:01:11 |
Czytaj oryginał (ang.) |
| Why First Merchants (FRME) is a Top Dividend Stock for Your Portfolio |
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does First Merchants (FRME) have what it takes? |
zacks.com |
2025-03-21 14:50:37 |
Czytaj oryginał (ang.) |
| Best Momentum Stock to Buy for March 20th |
HSNGY, TKOMY and FRME made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on March 20, 2025. |
zacks.com |
2025-03-20 13:00:34 |
Czytaj oryginał (ang.) |
| Best Momentum Stocks to Buy for March 14th |
ZION, FRME and HWC made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on March 14, 2025. |
zacks.com |
2025-03-14 13:15:22 |
Czytaj oryginał (ang.) |
| First Merchants (FRME) is a Top Dividend Stock Right Now: Should You Buy? |
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does First Merchants (FRME) have what it takes? |
zacks.com |
2025-03-05 14:50:27 |
Czytaj oryginał (ang.) |
| First Merchants (FRME) Could Be a Great Choice |
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does First Merchants (FRME) have what it takes? |
zacks.com |
2025-02-17 14:51:13 |
Czytaj oryginał (ang.) |
| First Merchants Corporation Announces Cash Dividend |
MUNCIE, Ind., Feb. 07, 2025 (GLOBE NEWSWIRE) -- First Merchants Corporation declared a cash dividend on February 7, 2025 of $0.35 per share. The dividend is payable on March 21, 2025, to common shareholders of record as of March 7, 2025. For purposes of broker trading, the ex-date of the cash dividend is March 6, 2025. |
globenewswire.com |
2025-02-07 17:00:00 |
Czytaj oryginał (ang.) |
| First Merchants (FRME) is a Great Momentum Stock: Should You Buy? |
Does First Merchants (FRME) have what it takes to be a top stock pick for momentum investors? Let's find out. |
zacks.com |
2025-02-07 15:01:09 |
Czytaj oryginał (ang.) |
| Are You Looking for a High-Growth Dividend Stock? |
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does First Merchants (FRME) have what it takes? |
zacks.com |
2025-01-31 14:45:17 |
Czytaj oryginał (ang.) |
| First Merchants Corporation (FRME) Q4 2024 Earnings Call Transcript |
First Merchants Corporation (NASDAQ:FRME ) Q4 2024 Earnings Conference Call January 30, 2025 11:30 AM ET Company Participants Mark Hardwick - Chief Executive Officer Michael Stewart - President Michele Kawiecki - Chief Financial Officer John Martin - Chief Credit Officer Conference Call Participants Brendan Nosal - Hovde Group Terry McEvoy - Stephens Damon DelMonte - KBW Nathan Race - Piper Sandler Daniel Tamayo - Raymond James Operator Thank you for standing by and welcome to the First Merchants Corporation's Fourth Quarter 2024 Earnings Conference Call. Before we begin, management would like to remind you that today's call contains forward-looking statements with respect to the future performance of financial condition of First Merchants Corporation that involve risks and uncertainties. |
seekingalpha.com |
2025-01-30 19:48:14 |
Czytaj oryginał (ang.) |
| First Merchants (FRME) Reports Q4 Earnings: What Key Metrics Have to Say |
The headline numbers for First Merchants (FRME) give insight into how the company performed in the quarter ended December 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals. |
zacks.com |
2025-01-30 13:08:02 |
Czytaj oryginał (ang.) |
| First Merchants (FRME) Q4 Earnings and Revenues Beat Estimates |
First Merchants (FRME) came out with quarterly earnings of $1 per share, beating the Zacks Consensus Estimate of $0.90 per share. This compares to earnings of $0.87 per share a year ago. |
zacks.com |
2025-01-30 12:16:14 |
Czytaj oryginał (ang.) |
| First Merchants Corporation Announces Fourth Quarter 2024 Earnings Per Share |
MUNCIE, Ind., Jan. 30, 2025 (GLOBE NEWSWIRE) -- First Merchants Corporation (NASDAQ - FRME) Fourth Quarter 2024 Highlights: Net income available to common stockholders was $63.9 million and diluted earnings per common share totaled $1.10, compared to $48.7 million and $0.84 in the third quarter of 2024, and $42.0 million and $0.71 in the fourth quarter of 2023. |
globenewswire.com |
2025-01-30 10:00:00 |
Czytaj oryginał (ang.) |
| First Merchants Corporation: Earnings To Grow Thanks To Deposit Repricing, Strong Pipelines |
The margin will continue to expand because (i) deposits will re-price downwards, and (ii) proceeds from maturing securities will get rolled over into higher-yielding securities. Strong pipelines indicate that loan growth can remain healthy in the near term. I'm expecting the EPS to grow to $3.60 in 2025. |
seekingalpha.com |
2025-01-20 07:32:05 |
Czytaj oryginał (ang.) |
| First Merchants (FRME) Upgraded to Buy: Here's What You Should Know |
First Merchants (FRME) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy). |
zacks.com |
2025-01-17 15:01:12 |
Czytaj oryginał (ang.) |
| First Merchants Corporation Announces Cash Dividend on Its Preferred Stock |
MUNCIE, Ind., Jan. 15, 2025 (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 February 15, 2025, to stockholders of record on January 31, 2025. |
globenewswire.com |
2025-01-15 17:00:00 |
Czytaj oryginał (ang.) |
| First Merchants Corporation to Report Fourth Quarter 2024 Financial Results, Host Conference Call and Webcast |
MUNCIE, Ind., Jan. 09, 2025 (GLOBE NEWSWIRE) -- First Merchants Corporation (Nasdaq:FRME) will report fourth quarter 2024 financial results on January 30, 2025. The Corporation will host a fourth quarter 2024 earnings conference call and webcast at 11:30 a.m. (ET) on Thursday, January 30, 2025. |
globenewswire.com |
2025-01-09 12:00:00 |
Czytaj oryginał (ang.) |
| First Merchants Corporation Announces Cash Dividend |
MUNCIE, Ind., Nov. 13, 2024 (GLOBE NEWSWIRE) -- First Merchants Corporation declared a cash dividend on November 12, 2024 of $0.35 per share. The dividend is payable on December 20, 2024, to shareholders of record as of December 6, 2024. For purposes of broker trading, the ex-date of the cash dividend is December 5, 2024. |
globenewswire.com |
2024-11-13 10:00:00 |
Czytaj oryginał (ang.) |
| First Merchants Corporation (FRME) Q3 2024 Earnings Call Transcript |
First Merchants Corporation (NASDAQ:FRME ) Q3 2024 Earnings Conference Call October 24, 2024 11:30 AM ET Company Participants Mark Hardwick - Chief Executive Officer Michael Stewart - President Michele Kawiecki - Chief Financial Officer John Martin - Chief Credit Officer Conference Call Participants Terry McEvoy - Stephens Nathan Race - Piper Sandler Damon DelMonte - KBW Daniel Tamayo - Raymond James Brendan Nosal - Hovde Group Brian Martin - Janney Operator Welcome to the First Merchants Corporation Third Quarter 2024 Earnings Conference Call. Before we begin, management would like to remind you that today's call contains forward looking statements with respect to the future performance and financial condition of First Merchants Corporation that involves risks and uncertainties. |
seekingalpha.com |
2024-10-24 20:29:03 |
Czytaj oryginał (ang.) |
| First Merchants (FRME) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates |
The headline numbers for First Merchants (FRME) give insight into how the company performed in the quarter ended September 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals. |
zacks.com |
2024-10-24 16:31:15 |
Czytaj oryginał (ang.) |
| First Merchants (FRME) Tops Q3 Earnings Estimates |
First Merchants (FRME) came out with quarterly earnings of $0.95 per share, beating the Zacks Consensus Estimate of $0.91 per share. This compares to earnings of $0.94 per share a year ago. |
zacks.com |
2024-10-24 14:16:18 |
Czytaj oryginał (ang.) |
| First Merchants Corporation Announces Third Quarter 2024 Earnings per Share |
MUNCIE, Ind., Oct. 24, 2024 (GLOBE NEWSWIRE) -- First Merchants Corporation (NASDAQ - FRME) Third Quarter 2024 Highlights: Net income available to common stockholders was $48.7 million and diluted earnings per common share totaled $0.84, compared to $55.9 million and $0.94 in the third quarter of 2023, and $39.5 million and $0.68 in the second quarter of 2024. |
globenewswire.com |
2024-10-24 12:00:00 |
Czytaj oryginał (ang.) |
| First Merchants Corporation Announces Cash Dividend on Its Preferred Stock |
MUNCIE, Ind., Oct. 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 November 15, 2024, to stockholders of record on October 31, 2024. |
globenewswire.com |
2024-10-15 19:00:00 |
Czytaj oryginał (ang.) |
| First Merchants Corporation to Report Third Quarter 2024 Financial Results, Host Conference Call and Webcast |
MUNCIE, Ind., Oct. 03, 2024 (GLOBE NEWSWIRE) -- First Merchants Corporation (Nasdaq:FRME) will report third quarter 2024 financial results on October 24, 2024. The Corporation will host a third quarter 2024 earnings conference call and webcast at 11:30 a.m. (ET) on Thursday, October 24, 2024. |
globenewswire.com |
2024-10-03 14:00:00 |
Czytaj oryginał (ang.) |
| All You Need to Know About First Merchants (FRME) Rating Upgrade to Buy |
First Merchants (FRME) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term. |
zacks.com |
2024-09-30 17:06:10 |
Czytaj oryginał (ang.) |
| First Merchants Corporation: Decent Return Potential With Earnings Likely To Recover Next Year |
The regional economy appears to be conducive to loan growth. Interest rate cuts will most probably hurt the net interest margin. I'm expecting earnings to recover next year after falling in 2024. |
seekingalpha.com |
2024-09-18 05:00:20 |
Czytaj oryginał (ang.) |
| First Merchants Earns New Award: TIME Magazine's “America's Best Mid-Sized Company” |
MUNCIE, Ind., Sept. 17, 2024 (GLOBE NEWSWIRE) -- First Merchants Bank (NASDAQ: FRME) is one of the select few regional banks to receive the TIME Magazine "America's Best Mid-Sized Companies” award. |
globenewswire.com |
2024-09-17 20:14:00 |
Czytaj oryginał (ang.) |
| Old Second Bancorp, Inc. and First Merchants Corporation Announce Transaction Involving Chicagoland Branch Operations |
Old Second National Bank Acquires 5 Illinois Branches from First Merchants Bank Proposed Acquisition to Add $304 Million in Deposits and $12 million in loans CHICAGO, IL / ACCESSWIRE / August 27, 2024 / Old Second Bancorp, Inc. ("Old Second Bancorp") (NASDAQ:OSBC), the parent company of Old Second National Bank ("Old Second"), and First Merchants Corporation ("First Merchants Corp.") (NASDAQ:FRME), the parent company of First Merchants Bank ("First Merchants"), jointly announced today that Old Second and First Merchants have entered into a Purchase and Assumption Agreement where Old Second will purchase 5 Illinois branch locations in the Southeast Chicago MSA as well as certain branch related loans and deposits from First Merchants. The acquisition enhances Old Second's position as one of the largest banks headquartered in the Chicagoland area, and adds meaningfully to its existing branch network and in the Southeast Chicago market, allowing for improved scale and penetration. |
accesswire.com |
2024-08-27 13:05:00 |
Czytaj oryginał (ang.) |
| Old Second Bancorp, Inc. and First Merchants Corporation Announce Transaction Involving Chicagoland Branch Operations |
Old Second National Bank Acquires 5 Illinois Branches from First Merchants Bank _____________ Proposed Acquisition to Add $304 Million in Deposits and $12 million in loans _____________ CHICAGO, Aug. 27, 2024 (GLOBE NEWSWIRE) -- Old Second Bancorp, Inc. (“Old Second Bancorp”) (NASDAQ: OSBC), the parent company of Old Second National Bank (“Old Second”), and First Merchants Corporation (“First Merchants Corp.”) (NASDAQ: FRME), the parent company of First Merchants Bank (“First Merchants”), jointly announced today that Old Second and First Merchants have entered into a Purchase and Assumption Agreement where Old Second will purchase 5 Illinois branch locations in the Southeast Chicago MSA as well as certain branch related loans and deposits from First Merchants. The acquisition enhances Old Second's position as one of the largest banks headquartered in Chicago and adds meaningfully to its existing branch network and in the Southeast Chicago market, allowing for improved scale and penetration. |
globenewswire.com |
2024-08-27 12:41:00 |
Czytaj oryginał (ang.) |
| First Merchants Corporation Announces Cash Dividend |
MUNCIE, Ind., Aug. 19, 2024 (GLOBE NEWSWIRE) -- First Merchants Corporation declared a cash dividend on August 16, 2024 of $0.35 per share. The dividend is payable on September 20, 2024, to shareholders of record as of September 6, 2024. For purposes of broker trading, the ex-date of the cash dividend is September 5, 2024. |
globenewswire.com |
2024-08-19 12:00:00 |
Czytaj oryginał (ang.) |
| Wall Street Analysts Predict a 30.09% Upside in First Merchants (FRME): Here's What You Should Know |
The average of price targets set by Wall Street analysts indicates a potential upside of 30.1% in First Merchants (FRME). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock. |
zacks.com |
2024-08-06 14:55:44 |
Czytaj oryginał (ang.) |
| What Makes First Merchants (FRME) a Strong Momentum Stock: Buy Now? |
Does First Merchants (FRME) have what it takes to be a top stock pick for momentum investors? Let's find out. |
zacks.com |
2024-07-30 17:00:40 |
Czytaj oryginał (ang.) |
| First Merchants Corporation (FRME) Q2 2024 Earnings Call Transcript |
First Merchants Corporation (NASDAQ:FRME ) Q2 2024 Earnings Conference Call July 25, 2024 11:30 AM ET Company Participants Mark Hardwick – Chief Executive Officer Michael Stewart – President Michele Kawiecki – Chief Financial Officer John Martin - Chief Credit Officer Conference Call Participants Daniel Tamayo - Raymond James Damon DelMonte – KBW Terry McEvoy – Stephens Inc. Nathan Race - Piper Sandler Brian Martin - Janney Montgomery Scott Operator Thank you for standing by, and welcome to First Merchants Corporation's Second Quarter 2024 Earnings Conference call. Before we begin, management would like to remind you that today's call contains forward-looking statements with respect to the future performance and financial condition of First Merchants Corporation's that involve risk and uncertainties. |
seekingalpha.com |
2024-07-25 18:56:13 |
Czytaj oryginał (ang.) |
| First Merchants (FRME) Q2 Earnings Miss Estimates |
First Merchants (FRME) came out with quarterly earnings of $0.68 per share, missing the Zacks Consensus Estimate of $0.78 per share. This compares to earnings of $1.02 per share a year ago. |
zacks.com |
2024-07-25 14:15:23 |
Czytaj oryginał (ang.) |
| First Merchants Corporation Announces Second Quarter 2024 Earnings Per Share |
MUNCIE, Ind., July 25, 2024 (GLOBE NEWSWIRE) -- First Merchants Corporation (NASDAQ - FRME) Second Quarter 2024 Highlights: 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. |
globenewswire.com |
2024-07-25 12:00:00 |
Czytaj oryginał (ang.) |
| Earnings Preview: First Merchants (FRME) Q2 Earnings Expected to Decline |
First Merchants (FRME) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations. |
zacks.com |
2024-07-18 15:07:28 |
Czytaj oryginał (ang.) |
| First Merchants Corporation Announces Cash Dividend on Its Preferred Stock |
MUNCIE, Ind., July 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 August 15, 2024, to stockholders of record on July 30, 2024. |
globenewswire.com |
2024-07-15 19:00:00 |
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