First Merchants (FRME) to Release Earnings on Monday

First Merchants (NASDAQ:FRME) is expected to be releasing its Q4 2025 results after the market closes on Monday, January 26th. Analysts expect First Merchants to post earnings of $0.96 per share and revenue of $172.8920 million for the quarter. Interested persons can find conference call details on the company’s upcoming Q4 2025 earning report page for the latest details on the call scheduled for Tuesday, January 27, 2026 at 9:00 AM ET.

First Merchants (NASDAQ:FRME) last issued its quarterly earnings results on Wednesday, October 22nd. The bank reported $0.99 EPS for the quarter, beating the consensus estimate of $0.96 by $0.03. The firm had revenue of $172.35 million during the quarter, compared to analysts’ expectations of $172.78 million. First Merchants had a return on equity of 9.82% and a net margin of 22.04%.During the same period in the prior year, the firm posted $0.84 earnings per share. On average, analysts expect First Merchants to post $4 EPS for the current fiscal year and $4 EPS for the next fiscal year.

First Merchants Trading Down 3.9%

NASDAQ FRME opened at $38.09 on Friday. First Merchants has a 12 month low of $33.13 and a 12 month high of $45.62. The company has a current ratio of 0.91, a quick ratio of 0.90 and a debt-to-equity ratio of 0.36. The stock has a 50 day moving average of $37.74 and a 200-day moving average of $38.37. The company has a market cap of $2.20 billion, a PE ratio of 9.52 and a beta of 0.93.

First Merchants Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, December 19th. Stockholders of record on Friday, December 5th were given a $0.36 dividend. This represents a $1.44 dividend on an annualized basis and a dividend yield of 3.8%. The ex-dividend date of this dividend was Friday, December 5th. First Merchants’s dividend payout ratio (DPR) is presently 36.00%.

Institutional Investors Weigh In On First Merchants

Hedge funds and other institutional investors have recently made changes to their positions in the stock. EverSource Wealth Advisors LLC lifted its stake in shares of First Merchants by 361.7% in the second quarter. EverSource Wealth Advisors LLC now owns 771 shares of the bank’s stock worth $30,000 after acquiring an additional 604 shares during the period. Cerity Partners LLC bought a new position in First Merchants during the 2nd quarter worth approximately $203,000. CIBC Bancorp USA Inc. acquired a new position in shares of First Merchants in the 3rd quarter worth approximately $235,000. Orion Porfolio Solutions LLC lifted its position in shares of First Merchants by 10.9% in the 2nd quarter. Orion Porfolio Solutions LLC now owns 6,489 shares of the bank’s stock worth $249,000 after purchasing an additional 639 shares during the period. Finally, Mercer Global Advisors Inc. ADV bought a new stake in shares of First Merchants in the 3rd quarter valued at $285,000. 73.92% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on the stock. Piper Sandler dropped their price target on shares of First Merchants from $48.00 to $46.00 and set an “overweight” rating for the company in a research report on Monday, October 27th. Stephens restated an “equal weight” rating and set a $46.00 price objective on shares of First Merchants in a research note on Monday, September 29th. Weiss Ratings reiterated a “hold (c+)” rating on shares of First Merchants in a research report on Monday, December 29th. Zacks Research lowered First Merchants from a “strong-buy” rating to a “hold” rating in a report on Monday, December 1st. Finally, Wall Street Zen upgraded First Merchants from a “sell” rating to a “hold” rating in a research report on Tuesday, October 28th. Three research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $47.60.

First Merchants Company Profile

First Merchants Corporation, through its subsidiary First Merchants Bank, offers a comprehensive suite of banking and financial services to individuals, businesses and public sector clients. The company’s core business activities include retail and commercial banking, lending, treasury and cash management, and wealth advisory services. With a focus on relationship banking, First Merchants seeks to deliver tailored solutions for deposit accounts, loan financing and other credit products.

On the consumer side, First Merchants provides checking and savings accounts, certificates of deposit, personal and mortgage loans, and electronic banking conveniences.