First Merchants (FRME) Expected to Announce Earnings on Wednesday

Key Points

• First Merchants is expected to announce its Q3 2025 earnings on October 22nd, with analysts forecasting earnings of $0.96 per share and revenue of approximately $172.784 million.
• The company recently declared a quarterly dividend of $0.36 per share, representing a 3.8% dividend yield and a dividend payout ratio of 37.31%.
• First Merchants shares have risen 2.6% and currently hold a market capitalization of $2.18 billion, with a PE ratio of 9.76 and a recent stock price of $37.68.

First Merchants (NASDAQ:FRME - Get Free Report) is expected to be releasing its Q3 2025 results after the market closes on Wednesday, October 22nd. Analysts expect First Merchants to post earnings of $0.96 per share and revenue of $172.7840 million for the quarter. Interested persons are encouraged to explore the company's upcoming Q3 2025 earningoverview page for the latest details on the call scheduled for Thursday, October 23, 2025 at 9:00 AM ET.

First Merchants (NASDAQ:FRME - Get Free Report) last issued its quarterly earnings results on Wednesday, July 23rd. The bank reported $0.98 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.94 by $0.04. First Merchants had a return on equity of 9.88% and a net margin of 21.35%.The company had revenue of $170.52 million for the quarter, compared to analysts' expectations of $172.13 million. During the same period last year, the firm earned $0.68 EPS. 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 Stock Up 2.6%

Shares of FRME stock opened at $37.68 on Wednesday. First Merchants has a 1 year low of $33.13 and a 1 year high of $46.13. The stock has a market cap of $2.18 billion, a PE ratio of 9.76 and a beta of 1.05. The business's fifty day moving average is $39.37 and its 200-day moving average is $38.38. The company has a debt-to-equity ratio of 0.41, a quick ratio of 0.90 and a current ratio of 0.90.

First Merchants Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, September 19th. Stockholders of record on Friday, September 5th were given a dividend of $0.36 per share. The ex-dividend date was Friday, September 5th. This represents a $1.44 annualized dividend and a dividend yield of 3.8%. First Merchants's dividend payout ratio (DPR) is 37.31%.

Analyst Ratings Changes

FRME has been the topic of a number of recent research reports. Piper Sandler decreased their target price on First Merchants from $49.00 to $48.00 and set an "overweight" rating on the stock in a report on Monday, July 28th. Raymond James Financial cut First Merchants from an "outperform" rating to a "market perform" rating in a report on Friday, September 26th. Weiss Ratings cut First Merchants from a "buy (b-)" rating to a "hold (c+)" rating in a report on Wednesday, October 8th. Keefe, Bruyette & Woods lifted their target price on First Merchants from $49.00 to $50.00 and gave the stock an "outperform" rating in a report on Friday, September 26th. Finally, Stephens restated an "equal weight" rating and issued a $46.00 target price on shares of First Merchants in a report on Monday, September 29th. One analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat, First Merchants currently has a consensus rating of "Moderate Buy" and an average price target of $48.00.

Institutional Trading of First Merchants

Several hedge funds and other institutional investors have recently modified their holdings of the business. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in First Merchants by 4.6% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 34,708 shares of the bank's stock valued at $1,404,000 after purchasing an additional 1,522 shares during the last quarter. Thrivent Financial for Lutherans boosted its position in First Merchants by 26.2% during the second quarter. Thrivent Financial for Lutherans now owns 36,065 shares of the bank's stock valued at $1,381,000 after purchasing an additional 7,491 shares during the last quarter. Balyasny Asset Management L.P. acquired a new stake in First Merchants during the second quarter valued at $688,000. Brevan Howard Capital Management LP boosted its position in First Merchants by 5.6% during the second quarter. Brevan Howard Capital Management LP now owns 14,226 shares of the bank's stock valued at $545,000 after purchasing an additional 752 shares during the last quarter. Finally, CANADA LIFE ASSURANCE Co boosted its position in First Merchants by 10.3% during the second quarter. CANADA LIFE ASSURANCE Co now owns 10,182 shares of the bank's stock valued at $390,000 after purchasing an additional 948 shares during the last quarter. Institutional investors and hedge funds own 73.92% of the company's stock.

First Merchants Company Profile

First Merchants Corporation operates as the financial holding company for First Merchants Bank that provides community banking services. The company offers a range of financial services, including time, savings, and demand deposits; and consumer, commercial, agri-business, public finance, and real estate mortgage loans.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.