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FRME

First Merchants·NASDAQ
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FRME fundamentals

First Merchants (FRME) released its earnings on Oct 22, 2025: revenue was 166.14M (YoY +6.51%), missed estimates; EPS was 0.99 (YoY +4.21%), beat estimates.
Revenue / YoY
166.14M
+6.51%
EPS / YoY
0.99
+4.21%
Report date
Oct 22, 2025
FRME Earnings Call Summary for Q3,2025
  • Loan Growth Dynamism: 9% YTD loan growth (10% Q3 C&I), fueled by $268M commercial originations and $100M+ SBA pipeline.
  • Acquisition Synergy: $2.4B First Savings deal adds Southern Indiana presence and $100M+ annual SBA origination capacity.
  • Margin Resilience: NIM held steady at 3.24% despite 14bps deposit cost increase, with 2026 rate cuts expected to compress 2-4bps.
  • Capital Efficiency: 54.56% efficiency ratio, 9.18% TCE ratio, and $167.5M net income (+23.5% YoY).
  • Credit Strength: NPLs down 3bps to 0.51%, with 85% of sponsor finance borrowers under 3x leverage.
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Revenue & Expenses

Key Indicators

First Merchants (FRME) key financial stats and ratios, covering profitability, financial health, and leverage.
First Merchants (FRME)'s revenue and profit trends over recent years, visualized with a waterfall chart to showcase the revenue-to-profit funnel.
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First Merchants (FRME)'s asset and liability trends over recent years, visualized with a waterfall chart to illustrate changes in its asset-liability structure.
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First Merchants (FRME)'s cash flow trends over recent years, visualized with a waterfall chart to illustrate changes in its operating, investing, and financing cash flows.
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Where does First Merchants (FRME) generate its revenue? Explore its key revenue streams and top earning regions.
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Track First Merchants (FRME) Dividend Yield, Payout Ratio & Sustainability Through Its Dividend History
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