First Merchants Corporation Depository Shares

Day range

$25.18 – $25.31

Open

$25.18

Prev close

$25.31

Volume

1.1K

Market cap

—

Shares out

—

P/E

—

P/S

—

P/B

—

P/FCF

—

ROE

6.8%

ROA

0.9%

Debt/Equity

0.56

Div yield

—

As of Oct 22, 2026

• Investor communicationsOct 21, 2026

  On October 22, 2026, First Merchants Corporation will conduct a third quarter 2026 earnings conference call and webcast at 9:00 a.m. (ET). A copy of the slide presentation utilized on the conference call is furnished as Exhibit 99.2 to this Current Report on Form 8-K.

• Shareholder returnsOct 15, 2026

  On October 15, 2026, First Merchants Corporation issued a press release announcing its Board of Directors has declared a quarterly cash dividend on its 7.50% Non-Cumulative Perpetual Preferred Stock Series A, of $46.88 per share (equivalent to $0.4688 per depositary share) payable on November 16, 2026, to stockholders of record on October 30, 2026.

• Executive leadershipOct 1, 2026

  On October 1, 2026, First Merchants Corporation announced the upcoming retirement of the Company's current Chief Executive Officer, Mark K. Hardwick, effective January 1, 2027.

• Debt activitySep 25, 2026

  Pursuant to the previously announced offering of $100 million aggregate principal amount of 6.750% Fixed-to-Floating Rate Subordinated Notes due 2036 (the "Notes") to be issued by First Merchants Corporation, the Corporation and U.S. Bank Trust Company, National Association, as trustee, entered into an Indenture dated as of September 25, 2026 and a First Supplemental Indenture dated as of September 25, 2026 to the Base Indenture, providing for the issuance of the Notes.

• Debt activitySep 24, 2026

  On September 23, 2026, First Merchants Corporation entered into an underwriting agreement pursuant to which it agreed to sell $100,000,000 aggregate principal amount of its 6.750% Fixed-to-Floating Rate Subordinated Notes due 2036 in a registered public offering.

Days to cover

4.4

Short interest

1.42K

Avg volume

324

As of Sep 30, 2026 · reported to FINRA twice monthly.

• Compared to Estimates, First Merchants (FRME) Q3 Earnings: A Look at Key Metrics
  neutralZacks Investment Research· Oct 21, 2026
• First Merchants (FRME) Q3 Earnings and Revenues Top Estimates
  neutralZacks Investment Research· Oct 21, 2026
• 1st Source (SRCE) Earnings Expected to Grow: Should You Buy?
  positiveZacks Investment Research· Oct 15, 2026
• First Merchants (FRME) Reports Next Week: Wall Street Expects Earnings Growth
  negativeZacks Investment Research· Oct 14, 2026
• First Merchants Corporation Announces Pricing of Subordinated Notes Offering
  neutralGlobeNewswire Inc.· Sep 23, 2026