First Merchants (FRME) to Release Earnings on Monday

First Merchants (NASDAQ:FRME) will likely be announcing its Q4 2025 results after the market closes on Monday, January 26th. Analysts expect the company to announce earnings of $0.96 per share and revenue of $172.8920 million for the quarter. Investors may visit the the company’s upcoming Q4 2025 earning results page for the latest details on the call scheduled for Tuesday, January 27, 2026 at 9:00 AM ET.

First Merchants (NASDAQ:FRME) last posted its quarterly earnings data on Wednesday, October 22nd. The bank reported $0.99 EPS for the quarter, beating analysts’ consensus estimates of $0.96 by $0.03. The company 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 quarter 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 1.2%

Shares of NASDAQ:FRME opened at $38.08 on Monday. First Merchants has a 52-week low of $33.13 and a 52-week high of $45.62. The stock has a market capitalization of $2.20 billion, a price-to-earnings ratio of 9.52 and a beta of 0.93. The company has a debt-to-equity ratio of 0.36, a quick ratio of 0.90 and a current ratio of 0.91. The stock’s 50-day simple moving average is $37.50 and its two-hundred day simple moving average is $38.43.

First Merchants Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, December 19th. Investors of record on Friday, December 5th were given a dividend of $0.36 per share. This represents a $1.44 annualized dividend and a yield of 3.8%. The ex-dividend date was Friday, December 5th. First Merchants’s payout ratio is 36.00%.

Hedge Funds Weigh In On First Merchants

Institutional investors have recently bought and sold shares of the company. EverSource Wealth Advisors LLC increased its position in shares of First Merchants by 361.7% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 771 shares of the bank’s stock worth $30,000 after purchasing an additional 604 shares during the last quarter. Cerity Partners LLC acquired a new stake in shares of First Merchants during the second quarter valued at about $203,000. CIBC Bancorp USA Inc. purchased a new stake in shares of First Merchants in the 3rd quarter valued at approximately $235,000. Orion Porfolio Solutions LLC lifted its holdings 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 acquiring an additional 639 shares during the last quarter. Finally, Mercer Global Advisors Inc. ADV purchased a new position in shares of First Merchants during the third quarter worth $285,000. 73.92% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on the stock. Zacks Research lowered shares of First Merchants from a “strong-buy” rating to a “hold” rating in a report on Monday, December 1st. Raymond James Financial downgraded shares of First Merchants from an “outperform” rating to a “market perform” rating in a research note on Friday, September 26th. 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. Keefe, Bruyette & Woods increased their price objective on shares of First Merchants from $49.00 to $50.00 and gave the company an “outperform” rating in a research note on Friday, September 26th. Finally, Wall Street Zen raised shares of First Merchants from a “sell” rating to a “hold” rating in a research report on Tuesday, October 28th. Three investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus 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.