First Merchants (FRME) to Release Earnings on Monday

First Merchants (NASDAQ:FRME) is expected to release 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. Investors may review the information on the company’s upcoming Q4 2025 earning report 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 data on Wednesday, October 22nd. The bank reported $0.99 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.96 by $0.03. The business had revenue of $172.35 million for the quarter, compared to the consensus estimate 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 business earned $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%

First Merchants stock opened at $38.09 on Friday. The stock has a 50-day moving average price of $37.74 and a 200 day moving average price of $38.39. First Merchants has a 52 week low of $33.13 and a 52 week high of $45.62. The stock has a market cap of $2.20 billion, a PE ratio of 9.52 and a beta of 0.93. The company has a current ratio of 0.91, a quick ratio of 0.90 and a debt-to-equity ratio of 0.36.

First Merchants Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, December 19th. Shareholders of record on Friday, December 5th were paid a dividend of $0.36 per share. This represents a $1.44 annualized dividend 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 currently 36.00%.

Institutional Investors Weigh In On First Merchants

Institutional investors have recently added to or reduced their stakes in the company. State Street Corp raised its holdings in shares of First Merchants by 0.3% in the 2nd quarter. State Street Corp now owns 2,005,625 shares of the bank’s stock worth $76,815,000 after purchasing an additional 6,924 shares during the period. Bridgeway Capital Management LLC increased its position in First Merchants by 0.3% during the 3rd quarter. Bridgeway Capital Management LLC now owns 398,498 shares of the bank’s stock worth $15,023,000 after purchasing an additional 1,375 shares in the last quarter. Qube Research & Technologies Ltd raised its holdings in First Merchants by 50.2% in the third quarter. Qube Research & Technologies Ltd now owns 393,408 shares of the bank’s stock valued at $14,831,000 after buying an additional 131,504 shares during the period. Hotchkis & Wiley Capital Management LLC raised its holdings in First Merchants by 252.0% in the third quarter. Hotchkis & Wiley Capital Management LLC now owns 321,550 shares of the bank’s stock valued at $12,122,000 after buying an additional 230,192 shares during the period. Finally, FJ Capital Management LLC acquired a new position in First Merchants during the third quarter valued at approximately $11,111,000. Hedge funds and other institutional investors own 73.92% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently weighed in on the stock. Wall Street Zen raised shares of First Merchants from a “sell” rating to a “hold” rating in a research report on Tuesday, October 28th. Stephens reiterated an “equal weight” rating and issued a $46.00 price target on shares of First Merchants in a report on Monday, September 29th. Zacks Research lowered First Merchants from a “strong-buy” rating to a “hold” rating in a research note on Monday, December 1st. Piper Sandler lowered their price objective on First Merchants from $48.00 to $46.00 and set an “overweight” rating for the company in a research report on Monday, October 27th. Finally, Raymond James Financial lowered First Merchants from an “outperform” rating to a “market perform” rating in a research note on Friday, September 26th. Three equities research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $47.60.

About First Merchants

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.