First Merchants Corporation Aktie News

MUNCIE, Ind., May 21, 2025 (GLOBE NEWSWIRE) -- First Merchants Corporation (Nasdaq: FRME) has amended the ex-dividend date for its recently declared cash dividend of $0.36 from June 5, 2025, to June 6, 2025.  The payment date for the quarterly dividend will remain as June 20, 2025, as previously announced on May 16, 2025.

MUNCIE, Ind., May 16, 2025 (GLOBE NEWSWIRE) -- First Merchants Corporation (NASDAQ: FRME) declared a cash dividend on May 16, 2025 of $0.36 per share. The dividend is payable on June 20, 2025, to common shareholders of record as of June 6, 2025. For purposes of broker trading, the ex-date of the cash dividend is June 5, 2025.

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 inco...

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, necess...

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 Sand...

MUNCIE, Ind., April 24, 2025 (GLOBE NEWSWIRE) -- First Merchants Corporation (NASDAQ - FRME) First Quarter 2025 Highlights: Net income available to common stockholders was $54.9 million and diluted earnings per common share totaled $0.94 compared to adjusted net income and diluted earnings per common share 1 of $50.1 million and $0.85 in the first quarter of 2024.

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.

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.