Janney upgraded First Merchants from Neutral to Buy and set a new price target of $48.00
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Recent Analyst Ratings for $FRME
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 1/31/2025 | $50.00 | Market Perform → Outperform | Hovde Group |
| 8/12/2024 | $35.00 → $38.00 | Market Perform | Hovde Group |
| 8/7/2024 | $45.00 → $38.00 | Overweight → Equal-Weight | Stephens |
| 2/21/2023 | $50.00 | Strong Buy → Outperform | Raymond James |
| 7/7/2022 | Outperform → Strong Buy | Raymond James | |
| 12/13/2021 | $47.00 | Market Perform → Outperform | Hovde Group |
| 7/29/2021 | $48.00 | Neutral → Buy | Janney |
| 7/28/2021 | $55.00 → $47.00 | Outperform | Raymond James |
First Merchants Corporation to Report First Quarter 2025 Financial Results, Host Conference Call and Webcast
MUNCIE, Ind., April 03, 2025 (GLOBE NEWSWIRE) -- First Merchants Corporation (NASDAQ:FRME) will report first quarter 2025 financial results on April 24, 2025. The Corporation will host a first quarter 2025 earnings conference call and webcast at 11:30 a.m. (ET) on Thursday, April 24, 2025. To access via phone, participants will need to register using the following link where they will be provided a phone number and access code: (https://register-conf.media-server.com/register/BI4ae3a07cb07a47258d30e4f3dba2448b) In order to view the webcast and presentation slides, please go to (https://edge.media-server.com/mmc/p/uqvoojku) during the time of the call. A replay of the webcast will be avai
First Merchants Corporation Announces Cash Dividend
MUNCIE, Ind., Feb. 07, 2025 (GLOBE NEWSWIRE) -- 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. About First Merchants Corporation: First Merchants Corporation is a financial holding company headquartered in Muncie, Indiana. The Corporation has one full-service bank charter, First Merchants Bank. The Bank also operates as First Merchants Private Wealth Advisors (as a division of First Merchants Bank). First Merchants Corporation's common stock is tr
First Merchants Corporation Announces Fourth Quarter 2024 Earnings Per Share
MUNCIE, Ind., Jan. 30, 2025 (GLOBE NEWSWIRE) -- First Merchants Corporation (NASDAQ - FRME) Fourth Quarter 2024 Highlights: Net income available to common stockholders was $63.9 million and diluted earnings per common share totaled $1.10, compared to $48.7 million and $0.84 in the third quarter of 2024, and $42.0 million and $0.71 in the fourth quarter of 2023. Excluding the impact of the branch sale and repositioning of the available for sale securities portfolio, adjusted net income available to common stockholders1 was $58.1 million or $1.00 per share for the fourth quarter of 2024.Strong capital position with Common Equity Tier 1 Capital Ratio of 11.43% and Tangib
First Merchants upgraded by Hovde Group with a new price target
Hovde Group upgraded First Merchants from Market Perform to Outperform and set a new price target of $50.00
Hovde Group resumed coverage on First Merchants with a new price target
Hovde Group resumed coverage of First Merchants with a rating of Market Perform and set a new price target of $38.00 from $35.00 previously
First Merchants downgraded by Stephens with a new price target
Stephens downgraded First Merchants from Overweight to Equal-Weight and set a new price target of $38.00 from $45.00 previously
Director Halderman Howard bought $165 worth of shares (4 units at $41.24), gifted 3 shares and received a gift of 1 shares, increasing direct ownership by 0.00% to 25,128 units (SEC Form 4)
4 - FIRST MERCHANTS CORP (0000712534) (Issuer)
Stewart Michael J bought $1,068 worth of shares (36 units at $29.67), increasing direct ownership by 0.04% to 88,952 units (SEC Form 4)
4 - FIRST MERCHANTS CORP (0000712534) (Issuer)
Fisher Michael J bought $50,204 worth of shares (1,380 units at $36.38), increasing direct ownership by 13% to 12,165 units (SEC Form 4) (Amendment)
4/A - FIRST MERCHANTS CORP (0000712534) (Issuer)
Director Wojtowicz Jean L was granted 772 shares, increasing direct ownership by 1% to 60,242 units (SEC Form 4)
4 - FIRST MERCHANTS CORP (0000712534) (Issuer)
Director Sondhi Jason R was granted 579 units of Common, increasing direct ownership by 9% to 7,074 units (SEC Form 4)
4 - FIRST MERCHANTS CORP (0000712534) (Issuer)
Director Rechin Michael C was granted 598 shares, increasing direct ownership by 0.69% to 87,325 units (SEC Form 4)
4 - FIRST MERCHANTS CORP (0000712534) (Issuer)
SEC Form DEF 14A filed by First Merchants Corporation
DEF 14A - FIRST MERCHANTS CORP (0000712534) (Filer)
First Merchants Corporation filed SEC Form 8-K: Other Events
8-K - FIRST MERCHANTS CORP (0000712534) (Filer)
SEC Form 10-K filed by First Merchants Corporation
10-K - FIRST MERCHANTS CORP (0000712534) (Filer)
First Merchants Corporation Announces Retirement of Board Chair Charles E. Schalliol and Appointment of New Board Chair Jean L. Wojtowicz
MUNCIE, Ind., May 08, 2024 (GLOBE NEWSWIRE) -- 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. Schalliol said, "It has been my pleasure to serve as Chair of the Board of First Merchants for the past 17 years during which time First Merchants has enjoyed unprecedented success. I am confident that Jean will do an excellent job building on that success." "Leading this esteemed board is a privilege I take seriously," says Wojtowicz. "The fina
FIRST MERCHANTS CORPORATION APPOINTS DR. MUNG CHIANG TO ITS BOARDS OF DIRECTORS
MUNCIE, Ind., Feb. 8, 2023 /PRNewswire/ -- First Merchants Corporation, an $18 billion financial holding company, has appointed Dr. Mung Chiang to the Board of Directors of First Merchants Corporation and First Merchants Bank. Dr. Chiang, President of Purdue University, is a strong advocate of partnerships that effectively drive strong and sustained economic growth and vitality in Indiana and across the Midwest. "First Merchants' Board of Directors is pleased to welcome Dr. Chiang as our newest Board member," said Board Chairman Charles E. Schalliol. "I believe First Merchants
First Merchants Corporation Appoints Dr. Mung Chiang to Its Boards of Directors
MUNCIE, Ind., Feb. 08, 2023 (GLOBE NEWSWIRE) -- First Merchants Corporation, an $18 billion financial holding company, has appointed Dr. Mung Chiang to the Board of Directors of First Merchants Corporation and First Merchants Bank. Dr. Chiang, President of Purdue University, is a strong advocate of partnerships that effectively drive strong and sustained economic growth and vitality in Indiana and across the Midwest. "First Merchants' Board of Directors is pleased to welcome Dr. Chiang as our newest Board member," said Board Chairman Charles E. Schalliol. "I believe First Merchants' shareholders and clients will share our enthusiasm in welcoming Mung's executive leadership and business ac
First Merchants Corporation to Report First Quarter 2025 Financial Results, Host Conference Call and Webcast
MUNCIE, Ind., April 03, 2025 (GLOBE NEWSWIRE) -- First Merchants Corporation (NASDAQ:FRME) will report first quarter 2025 financial results on April 24, 2025. The Corporation will host a first quarter 2025 earnings conference call and webcast at 11:30 a.m. (ET) on Thursday, April 24, 2025. To access via phone, participants will need to register using the following link where they will be provided a phone number and access code: (https://register-conf.media-server.com/register/BI4ae3a07cb07a47258d30e4f3dba2448b) In order to view the webcast and presentation slides, please go to (https://edge.media-server.com/mmc/p/uqvoojku) during the time of the call. A replay of the webcast will be avai
First Merchants Corporation Announces Cash Dividend
MUNCIE, Ind., Feb. 07, 2025 (GLOBE NEWSWIRE) -- 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. About First Merchants Corporation: First Merchants Corporation is a financial holding company headquartered in Muncie, Indiana. The Corporation has one full-service bank charter, First Merchants Bank. The Bank also operates as First Merchants Private Wealth Advisors (as a division of First Merchants Bank). First Merchants Corporation's common stock is tr
First Merchants Corporation Announces Fourth Quarter 2024 Earnings Per Share
MUNCIE, Ind., Jan. 30, 2025 (GLOBE NEWSWIRE) -- First Merchants Corporation (NASDAQ - FRME) Fourth Quarter 2024 Highlights: Net income available to common stockholders was $63.9 million and diluted earnings per common share totaled $1.10, compared to $48.7 million and $0.84 in the third quarter of 2024, and $42.0 million and $0.71 in the fourth quarter of 2023. Excluding the impact of the branch sale and repositioning of the available for sale securities portfolio, adjusted net income available to common stockholders1 was $58.1 million or $1.00 per share for the fourth quarter of 2024.Strong capital position with Common Equity Tier 1 Capital Ratio of 11.43% and Tangib
SEC Form SC 13G/A filed by First Merchants Corporation (Amendment)
SC 13G/A - FIRST MERCHANTS CORP (0000712534) (Subject)
SEC Form SC 13G/A filed by First Merchants Corporation (Amendment)
SC 13G/A - FIRST MERCHANTS CORP (0000712534) (Subject)
SEC Form SC 13G/A filed by First Merchants Corporation (Amendment)
SC 13G/A - FIRST MERCHANTS CORP (0000712534) (Subject)