Announcement • Jul 03
First Merchants Corporation Announces Resignation of Mung Chiang from the Board of Directors, Effective July 1, 2026 First Merchants Corporation announced that on July 1, 2026, Dr. Mung Chiang notified the Company of his resignation from the Company's Board of Directors, effective July 1, 2026. Dr. Chiang's resignation was not the result of any disagreement with the Company on any matter relating to the Company's operations, policies or practices. Dr. Chiang stepped down from the Board in connection with a change in his professional responsibilities that will result in his relocation outside the Company's primary market area, which will limit his ability to continue to serve on the Board. Upon the effectiveness of this resignation, the size of the Company's Board was decreased from thirteen members to twelve members. Announcement • Jul 02
First Merchants Corporation to Report Q2, 2026 Results on Jul 22, 2026 First Merchants Corporation announced that they will report Q2, 2026 results on Jul 22, 2026 Announcement • Jun 25
First Merchants Corporation (NasdaqGS:FRME) announces an Equity Buyback for 3,125,000 shares, representing 5% for $100 million. First Merchants Corporation (NasdaqGS:FRME) announces a share repurchase program. Under the program, the company will repurchase up to 3,125,000 shares, representing 5% for $100 million. Announcement • Apr 24
First Merchants Corporation Reports Net Charge Offs for the First Quarter Ended March 31, 2026 First Merchants Corporation reported net charge offs for the first quarter ended March 31, 2026. For the period, the company reported net charge-offs of $10,256,000 compared to $4,926,000 a year ago. Announcement • Apr 06
First Merchants Corporation, Annual General Meeting, May 19, 2026 First Merchants Corporation, Annual General Meeting, May 19, 2026. Announcement • Apr 02
First Merchants Corporation to Report Q1, 2026 Results on Apr 22, 2026 First Merchants Corporation announced that they will report Q1, 2026 results on Apr 22, 2026 Announcement • Feb 11
First Merchants Corporation Declares Cash Dividend, Payable on March 20, 2026 On February 10, 2026, First Merchants Corporation issued a press release announcing the declaration of a cash dividend of $0.36 per common share. The cash dividend is payable on March 20, 2026 to common stockholders of record as of March 6, 2026. Announcement • Feb 10
First Merchants Corporation and First Merchants Bank Announces Appointment of Larry Myers to Board of Directors First Merchants Corporation announced that Larry Myers has been appointed to the Boards of Directors of First Merchants Corporation and First Merchants Bank. Myers recently announced plans to transition from his role as President and Chief Executive Officer of First Savings Bank and First Savings Financial Group Inc., positions he has held for nearly 20 years. During Myers’ tenure at First Savings, he served as Chairman of the Indiana Bankers Association and on the board of the American Bankers Association. He earned both his Bachelor of Science and MBA from the University of Kentucky and joined the Federal Home Loan Bank Board of Directors in 2018. Myers’ career includes decades of experience in community banking, credit management, and regional economic development. The Board of Directors of First Merchants Corporation increased the size of its Board of Directors from twelve to thirteen members with the additional vacancy added in Class III. Announcement • Feb 03
First Merchants Corporation (NasdaqGS:FRME) completed the acquisition of First Savings Financial Group, Inc. (NasdaqCM:FSFG). First Merchants Corporation (NasdaqGS:FRME) entered into a definitive merger agreement to acquire First Savings Financial Group, Inc. (NasdaqCM:FSFG) for approximately $230 million on September 24, 2025. The all-stock transaction is currently valued at approximately $241.3 million. The merger agreement provides that the common shareholders of First Savings will have the right to receive 0.85 of a share of First Merchants common stock. First Merchants expects to appoint Larry W. Myers, President and Chief Executive Officer and a Director of First Savings, to its Board of Directors in connection with the merger. First Merchants anticipates earnings per share accretion of approximately 11% in 2027 and a tangible book value earnback period of 3.0 years. Sell side termination fee is $10 million.
The transaction is subject to First Savings’ shareholder approval, regulatory approvals, effectiveness of a Form S-4 registration statement, authorization for listing on the Nasdaq Global Select Market of the shares of First Merchants common stock, court approval and other customary conditions. First Merchants’ shareholder approval is not required. The Boards of Directors of both First Merchants and First Savings have approved the Merger Agreement. All regulatory and approval from the holders of First Savings Common Stock shall has been received as of October 17, 2025. The transaction is expected to close in the first quarter of 2026. On January 15, 2026, First Merchants Corporation received the non-objection of the Federal Reserve Bank of Chicago in connection with the Company’s request for a waiver of application related to its pending merger with First Savings Financial Group, Inc. First Merchants and First Savings anticipate that the Merger will become effective as of February 1, 2026, subject to satisfaction of certain customary closing conditions contained in the Merger Agreement.
Stephens Inc. is serving as financial advisor to First Merchants, and Jeremy E. Hill of Dentons is serving as legal advisor. Piper Sandler & Co. is serving as financial advisor, fairness opinion provider to First Savings and will receive a fee of 1.625% of the aggregate purchase price, of which $0.4 million for opinion rendered. Victor L. Cangelosi and Thomas P. Hutton of Luse Gorman, PC is serving as legal advisor.
First Merchants Corporation (NasdaqGS:FRME) completed the acquisition of First Savings Financial Group, Inc. (NasdaqCM:FSFG) on February 1, 2026. Announcement • Jan 27
First Merchants Corporation Announces Net Charge Offs for the Quarter Ended December 31, 2025 First Merchants Corporation announced net charge offs for the quarter ended December 31, 2025. For the quarter, the company reported net charge offs of $6,021,000 against $771,000 a year ago. Announcement • Jan 06
First Merchants Corporation to Report Q4, 2025 Results on Jan 26, 2026 First Merchants Corporation announced that they will report Q4, 2025 results on Jan 26, 2026 Announcement • Nov 17
First Merchants Corporation Announces the Retirement of Patrick Fehring from the Board of Directors Effective November 14, 2025 On November 14, 2025, First Merchants Corporation (the “Corporation”) announced the retirement of Patrick Fehring from the Board of Directors effective immediately. Mr. Fehring has served on the Board since 2022 and was a member of the Risk and Credit Policy Committee. The retirement of Mr. Fehring is not the result of any disagreement with the Corporation on any matter relating to the Corporation’s operations, policies, or practices. Also, on November 14, 2025, the Corporation decreased the size of its Board from thirteen (13) members to twelve (12) members. The Corporation had thirteen (13) members immediately prior to the decrease. Announcement • Nov 15
First Merchants Corporation Announces Cash Dividend, Payable on December 19, 2025 First Merchants Corporation declared a cash dividend on November 14, 2025 of $0.36 per common share. The dividend is payable on December 19, 2025, to common shareholders of record as of December 5, 2025. Announcement • Oct 24
First Merchants Corporation Reports Net Charge-Offs for the Third Quarter Ended September 30, 2025 First Merchants Corporation reported Net Charge-offs for the third quarter ended September 30, 2025. For the quarter, the company reported Net Charge-offs of $5,148,000 against $6,709,000 a year ago. Announcement • Oct 02
First Merchants Corporation to Report Q3, 2025 Results on Oct 22, 2025 First Merchants Corporation announced that they will report Q3, 2025 results on Oct 22, 2025 Announcement • Sep 26
First Merchants Corporation Appoints Larry W. Myers to Its Board of Directors First Merchants Corporation and First Savings Financial Group Inc. announced they have entered into a definitive merger agreement pursuant to which First Savings will merge with and into First Merchants in an all-stock transaction currently valued at approximately $241.3 million. Immediately following the merger, First Savings Bank will merge with and into First Merchants Bank. First Merchants expects to appoint Larry W. Myers, President and Chief Executive Officer and a Director of First Savings, to its Board of Directors in connection with the merger. Announcement • Sep 25
First Merchants Corporation (NasdaqGS:FRME) entered into a definitive merger agreement to acquire First Savings Financial Group, Inc. (NasdaqCM:FSFG) for approximately $230 million. First Merchants Corporation (NasdaqGS:FRME) entered into a definitive merger agreement to acquire First Savings Financial Group, Inc. (NasdaqCM:FSFG) for approximately $230 million on September 24, 2025. The all-stock transaction is currently valued at approximately $241.3 million. The merger agreement provides that the common shareholders of First Savings will have the right to receive 0.85 of a share of First Merchants common stock. First Merchants expects to appoint Larry W. Myers, President and Chief Executive Officer and a Director of First Savings, to its Board of Directors in connection with the merger. First Merchants anticipates earnings per share accretion of approximately 11% in 2027 and a tangible book value earnback period of 3.0 years. Sell side termination fee is $10 million. The transaction is subject to First Savings’ shareholder approval, regulatory approvals, effectiveness of a Form S-4 registration statement, authorization for listing on the Nasdaq Global Select Market of the shares of First Merchants common stock and other customary conditions. First Merchants’ shareholder approval is not required. The Boards of Directors of both First Merchants and First Savings have approved the Merger Agreement. The transaction is expected to close in the first quarter of 2026. Stephens Inc. is serving as financial advisor to First Merchants, and Jeremy E. Hill of Dentons is serving as legal advisor. Piper Sandler & Co. is serving as financial advisor and fairness opinion provider to First Savings and Victor L. Cangelosi and Thomas P. Hutton of Luse Gorman, PC is serving as legal advisor. Announcement • Aug 16
First Merchants Corporation Announces Cash Dividend on Common Shares, Payable on September 19, 2025 First Merchants Corporation declared a cash dividend on August 15, 2025 of $0.36 per common share. The dividend is payable on September 19, 2025, to common shareholders of record as of September 5, 2025. Announcement • Jul 24
First Merchants Corporation Reports Net Charge Offs for the Second Quarter Ended June 30, 2025 First Merchants Corporation reported net charge offs for the second quarter ended June 30, 2025. For the quarter, the company reported Net charge-offs of $2,315,000 against $39,644,000 a year ago. Announcement • Jun 30
First Merchants Corporation to Report Q2, 2025 Results on Jul 23, 2025 First Merchants Corporation announced that they will report Q2, 2025 results on Jul 23, 2025 Announcement • May 17
First Merchants Corporation Declares Cash Dividend, Payable on June 20, 2025 First Merchants Corporation 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. Announcement • Apr 25
First Merchants Corporation Reports Net Charge-Offs Results for the First Quarter Ended March 31, 2025 First Merchants Corporation reported net charge-offs results for the first quarter ended March 31, 2025. For the quarter, the company reported net charge-offs of $4,926,000 against $2,253,000 a year ago. Announcement • Mar 20
First Merchants Corporation (NasdaqGS:FRME) announces an Equity Buyback for 2,927,000 shares, representing 5% for $100 million. First Merchants Corporation (NasdaqGS:FRME) announces a share repurchase program. Under the program, the company will repurchase up to 2,927,000 shares, representing 5% of the company's outstanding shares for $100 million. The program has no expiration date. Announcement • Feb 08
First Merchants Corporation Announces Cash Dividend, Payable on March 21, 2025 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. Announcement • Jan 09
First Merchants Corporation to Report Q4, 2024 Results on Jan 30, 2025 First Merchants Corporation announced that they will report Q4, 2024 results on Jan 30, 2025 Announcement • Nov 13
First Merchants Corporation Announces Cash Dividend, Payable on December 20, 2024 First Merchants Corporation declared a cash dividend on November 12, 2024 of $0.35 per share. The dividend is payable on December 20, 2024, to shareholders of record as of December 6, 2024. For purposes of broker trading, the ex-date of the cash dividend is December 5, 2024. Announcement • Oct 03
First Merchants Corporation to Report Q3, 2024 Results on Oct 24, 2024 First Merchants Corporation announced that they will report Q3, 2024 results on Oct 24, 2024 Announcement • Aug 19
First Merchants Corporation Declares Cash Dividend, Payable on September 20, 2024 First Merchants Corporation declared a cash dividend on August 16, 2024 of $0.35 per share. The dividend is payable on September 20, 2024, to shareholders of record as of September 6, 2024. For purposes of broker trading, the ex-date of the cash dividend is September 5, 2024. Announcement • Jul 04
First Merchants Corporation to Report Q2, 2024 Results on Jul 25, 2024 First Merchants Corporation announced that they will report Q2, 2024 results on Jul 25, 2024 Announcement • May 10
First Merchants Corporation and First Merchants Bank Announce Board and Committee Changes First Merchants Corporation announced that Jean L. Wojtowicz has been appointed as First Merchants Corporation and First Merchants Bank Chair of the Board of Directors. Effective May 7, 2024, Wojtowicz succeeds Charles E. Schalliol, who retired after serving as Chair for the past seventeen years. Ms. Wojtowicz, founder and President of Cambridge Capital Management Corporation, is in her 20th year as a board member for First Merchants Corporation. Ms. Wojtowicz will also serve as Chair of the Compensation and Human Resources Committee and as a member of the Audit and Nominating and Governance Committees. In addition, Ms. Wojtowicz serves on several public, private, and governmental agency boards. During his leadership at First Merchants, Mr. Schalliol also served as the Chair of the Board’s Compensation and Human Resources Committee and Nominating and Governance Committee. Additionally, Michael C. Rechin, former First Merchants Corporation CEO, was appointed as Vice Chair of the Board of Directors effective May 7, 2024. Mr. Rechin, who joined First Merchants in 2005 as Executive Vice President and Chief Operating Officer, was promoted to CEO in 2007 and served until his retirement on December 31, 2020. Announcement • May 09
First Merchants Corporation Declares Cash Dividend, Payable on June 21, 2024 First Merchants Corporation declared cash dividend of $0.35 per share. The cash dividend is payable on June 21, 2024 to stockholders of record as of June 7, 2024. Announcement • Apr 05
First Merchants Corporation to Report Q1, 2024 Results on Apr 25, 2024 First Merchants Corporation announced that they will report Q1, 2024 results on Apr 25, 2024 Announcement • Feb 07
First Merchants Corporation Declares Cash Dividend, Payable on March 15, 2024 First Merchants Corporation declared a cash dividend on February 6, 2024 of $0.34 per share. The dividend is payable on March 15, 2024, to shareholders of record as of March 1, 2024. For purposes of broker trading, the ex-date of the cash dividend is February 29, 2024. Announcement • Jan 05
First Merchants Corporation to Report Q4, 2023 Results on Jan 25, 2024 First Merchants Corporation announced that they will report Q4, 2023 results on Jan 25, 2024 Announcement • Nov 15
First Merchants Corporation Declares Cash Dividend, Payable on December 15, 2023 First Merchants Corporation declared a cash dividend on November 9, 2023 of $0.34 per share. The dividend is payable on December 15, 2023, to shareholders of record as of December 1, 2023. For purposes of broker trading, the ex-date of the cash dividend is November 30, 2023. Announcement • Oct 06
First Merchants Corporation to Report Q3, 2023 Results on Oct 26, 2023 First Merchants Corporation announced that they will report Q3, 2023 results on Oct 26, 2023 Announcement • Aug 10
First Merchants Corporation Declares Cash Dividend, Payable on September 15, 2023 First Merchants Corporation declared a cash dividend on August 9, 2023 of $0.34 per share. The dividend is payable on September 15, 2023, to shareholders of record as of September 1, 2023. For purposes of broker trading, the ex-date of the cash dividend is August 31, 2023. Announcement • Jul 06
First Merchants Corporation to Report Q2, 2023 Results on Jul 25, 2023 First Merchants Corporation announced that they will report Q2, 2023 results on Jul 25, 2023 Announcement • May 11
First Merchants Corporation Declares Cash Dividend, Payable on June 16, 2023 First Merchants Corporation declared a cash dividend on May 10, 2023 of $0.34 per share. The dividend is payable on June 16, 2023, to shareholders of record as of June 2, 2023. For purposes of broker trading, the ex-date of the cash dividend is June 1, 2023. Announcement • Jan 06
First Merchants Corporation to Report Q4, 2022 Results on Jan 26, 2023 First Merchants Corporation announced that they will report Q4, 2022 results on Jan 26, 2023 Announcement • Nov 10
First Merchants Corporation Declares Cash Dividend, Payable on December 16, 2022 First Merchants Corporation declared a cash dividend on November 8, 2022 of $0.32 per share. The dividend is payable on December 16, 2022, to shareholders of record as of December 2, 2022. For purposes of broker trading, the ex-date of the cash dividend is December 1, 2022. Announcement • Oct 05
First Merchants Corporation to Report Q3, 2022 Results on Oct 25, 2022 First Merchants Corporation announced that they will report Q3, 2022 results at 9:30 AM, US Eastern Standard Time on Oct 25, 2022 Announcement • Aug 12
First Merchants Corporation Announces Board Appointments On August 9, 2022, the Board of Directors of First Merchants Corporation appointed Kevin D. Johnson to serve on the Nominating and Governance Committee, and Jason R. Sondhi to serve on the Risk and Credit Policy Committee. Announcement • Aug 11
First Merchants Corporation Announces Cash Dividend, Payable on September 16, 2022 First Merchants Corporation declared a cash dividend on August 10, 2022 of $0.32 per share. The dividend is payable on September 16, 2022, to shareholders of record as of September 2, 2022. For purposes of broker trading, the ex-date of the cash dividend is September 1, 2022. Announcement • Aug 03
First Merchants Corporation(NasdaqGS:FRME.P) dropped from NASDAQ Composite Index First Merchants Corporation Removed from NASDAQ Composite Index (^COMP) Announcement • Jul 06
First Merchants Corporation to Report Q2, 2022 Results on Jul 26, 2022 First Merchants Corporation announced that they will report Q2, 2022 results on Jul 26, 2022 Announcement • Jun 25
First Merchants Corporation Elects Kevin D. Johnson and Jason R. Sondhi to the Board of Directors of First Merchants Corporation and First Merchants Bank First Merchants Corporation has elected Kevin D. Johnson and Jason R. Sondhi to the Boards of Directors of First Merchants Corporation and First Merchants Bank. Johnson has focused on job creation, capital investment and small business growth for the City of Detroit since 2018. Sondhi, Founder and President of Sondhi Solutions, headquartered in Indianapolis, Indiana, oversees the strategy of his IT staffing and consulting company serving small to mid-sized enterprise businesses and governmental agencies. Most recently, Johnson was integral in bringing Fiat Chrysler's $4.5 billion investment to Detroit, as well as thousands of Fiat Chrysler Automobile and supplier jobs. A veteran of the industry, Johnson has served in both public and private economic-development positions throughout the U.S., including roles in Arizona, Florida, North Carolina, and Georgia. In his most previous role at Invest Atlanta, Johnson led the economic development program for the city, helping to create jobs and generating billions of dollars in new capital investment. Sondhi, an entrepreneur, founded Sondhi Solutions in 2009. Under his leadership as Chief Executive Officer, the company has quickly grown and expanded across the United States. Sondhi Solutions has been named an Inc. 5000 member, as one of the fastest-growing businesses in the United States, on three separate occasions. Both new directors bring a wealth of experience to the Board. Johnson was named one of the Top 50 Economic Developers of 2019 by Consultant Connect, a consulting agency designed to bridge the gap between economic developers and site consultants. He also serves as a member of the International Economic Development Council. Sondhi is a member of the Board of Directors of Weaver Popcorn Company and the Executive Board of the Boy Scouts of America Crossroads of America Council. He received the Indianapolis Business Journal's "Fast 25" award as a fastest- growing company in 2015 and 2016 and "Forty Under 40" recognition in 2017. With the addition of Mr. Johnson and Mr. Sondhi, First Merchants will have a 14-member board, including 12 independent outside directors. Both Mr. Johnson and Mr. Sondhi will be on the ballot for continuing terms at the Corporation's Annual Shareholder Meeting in May 2023. Announcement • Jun 24
First Merchants Corporation Announces Executive Changes First Merchants Corporation has elected Kevin D. Johnson and Jason R. Sondhi to the Boards of Directors of First Merchants Corporation and First Merchants Bank. Johnson has focused on job creation, capital investment and small business growth for the City of Detroit since 2018. Sondhi, Founder and President of Sondhi Solutions, headquartered in Indianapolis, Indiana, oversees the strategy of his IT staffing and consulting company serving small to mid-sized enterprise businesses and governmental agencies. Most recently, Johnson was integral in bringing Fiat Chrysler's $4.5 billion investment to Detroit, as well as thousands of Fiat Chrysler Automobile and supplier jobs. A veteran of the industry, Johnson has served in both public and private economic-development positions throughout the U.S., including roles in Arizona, Florida, North Carolina, and Georgia. In his most previous role at Invest Atlanta, Johnson led the economic development program for the city, helping to create jobs and generating billions of dollars in new capital investment. Both new directors bring a wealth of experience to the Board. Johnson was named one of the Top 50 Economic Developers of 2019 by Consultant Connect, a consulting agency designed to bridge the gap between economic developers and site consultants. He also serves as a member of the International Economic Development Council. Sondhi is a member of the Board of Directors of Weaver Popcorn Company and the Executive Board of the Boy Scouts of America Crossroads of America Council. He received the Indianapolis Business Journal's "Fast 25" award as a fastest- growing company in 2015 and 2016 and "Forty Under 40" recognition in 2017. With the addition of Mr. Johnson and Mr. Sondhi, First Merchants will have a 14-member board, including 12 independent outside directors. Both Mr. Johnson and Mr. Sondhi will be on the ballot for continuing terms at the Corporation's Annual Shareholder Meeting in May 2023. Announcement • Apr 06
First Merchants Corporation to Report Q1, 2022 Results on Apr 26, 2022 First Merchants Corporation announced that they will report Q1, 2022 results on Apr 26, 2022