FIRST MERCHANTS CORP
For the period ended Sep 30, 2026. Filed Oct 30, 2026.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2026 · Filed Oct 30, 2026
FRME$41.20-0.6%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Condensed Statements of Stockholders' Equity
| Three Months Ended September 30, 2026 | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Cumulative Preferred Stock · Non-Cumulative Preferred Stock · Common Stock · Additional · AccumulatedOther | |||||||||||
| Shares · Amount · Shares · Amount · Shares · Amount · Paid-inCapital · RetainedEarnings · ComprehensiveLoss · Total | |||||||||||
| Balances, June 30, 2026 | 125 | $125 | 10,000 | $25,000 | 62,205,528 | $7,776 | $1,358,975 | $1,438,894 | $(133,593) | $2,697,177 | |
| Comprehensive loss: | |||||||||||
| Net income | — | — | — | — | — | — | — | 68,315 | — | 68,315 | |
| Other comprehensive loss, net of tax | — | — | — | — | — | — | — | — | (94,344) | (94,344) | |
| Cash dividends on preferred stock ($46.88 per share) | — | — | — | — | — | — | — | (468) | — | (468) | |
| Cash dividends on common stock ($0.37 per share) | — | — | — | — | — | — | — | (23,245) | — | (23,245) | |
| Repurchases of common stock | — | — | — | — | (287,431) | (36) | (11,973) | — | — | (12,009) | |
| Excise tax on stock repurchases | — | — | — | — | — | — | (76) | — | — | (76) | |
| Share-based compensation | — | — | — | — | 312,484 | 17 | 1,947 | — | — | 1,964 | |
| Stock issued under employee benefit plans | — | — | — | — | 5,528 | 1 | 198 | — | — | 199 | |
| Stock issued under dividend reinvestment and stock purchase plan | — | — | — | — | 14,485 | 1 | 612 | — | — | 613 | |
| Shares withheld on equity award settlements | — | — | — | — | (40,460) | (5) | (1,740) | — | — | (1,745) | |
| Balances, September 30, 2026 | 125 | $125 | 10,000 | $25,000 | 62,210,134 | $7,754 | $1,347,943 | $1,483,496 | $(227,937) | $2,636,381 | |
| Three Months Ended September 30, 2025 | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Cumulative Preferred Stock · Non-Cumulative Preferred Stock · Common Stock · Additional · AccumulatedOther | ||||||||||
| Shares | Amount | Shares | Amount | Shares | Amount | Paid-inCapital | RetainedEarnings | ComprehensiveLoss | Total | |
| Balances, June 30, 2025 | 125 | $125 | 10,000 | $25,000 | 57,272,433 | $7,159 | $1,163,170 | $1,342,473 | $(189,975) | $2,347,952 |
| Comprehensive income: | ||||||||||
| Net income | — | — | — | — | — | — | — | 56,765 | — | 56,765 |
| Other comprehensive income, net of tax | — | — | — | — | — | — | — | — | 34,111 | 34,111 |
| Cash dividends on preferred stock ($46.88 per share) | — | — | — | — | — | — | — | (468) | — | (468) |
| Cash dividends on common stock ($0.36 per share) | — | — | — | — | — | — | — | (20,804) | — | (20,804) |
| Repurchases of common stock | — | — | — | — | (162,474) | (20) | (6,456) | — | — | (6,476) |
| Excise tax on stock repurchases | — | — | — | — | — | — | (32) | — | — | (32) |
| Share-based compensation | — | — | — | — | 91,857 | 10 | 1,744 | — | — | 1,754 |
| Stock issued under employee benefit plans | — | — | — | — | 4,802 | 1 | 162 | — | — | 163 |
| Stock issued under dividend reinvestment andstock purchase plan | — | — | — | — | 14,881 | 2 | 595 | — | — | 597 |
| Stock options exercised | — | — | — | — | 4,762 | 1 | 92 | — | — | 93 |
| Shares withheld on equity award settlements | — | — | — | — | (33,764) | (4) | (1,249) | — | — | (1,253) |
| Balances, September 30, 2025 | 125 | $125 | 10,000 | $25,000 | 57,192,497 | $7,149 | $1,158,026 | $1,377,966 | $(155,864) | $2,412,402 |
| Nine Months Ended September 30, 2026 | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Cumulative Preferred Stock · Non-Cumulative Preferred Stock · Common Stock · Additional · AccumulatedOther | ||||||||||
| Shares | Amount | Shares | Amount | Shares | Amount | Paid-inCapital | RetainedEarnings | Comprehensive Loss | Total | |
| Balances, December 31, 2025 | 125 | $125 | 10,000 | $25,000 | 56,951,939 | $7,119 | $1,150,816 | $1,413,742 | $(130,135) | $2,466,667 |
| Comprehensive income: | ||||||||||
| Net income | — | — | — | — | — | — | — | 140,451 | — | 140,451 |
| Other comprehensive loss, net of tax | — | — | — | — | — | — | — | — | (97,802) | (97,802) |
| Cash dividends on preferred stock ($140.64 per share) | — | — | — | — | — | — | — | (1,406) | — | (1,406) |
| Cash dividends on common stock ($1.10 per share) | — | — | — | — | — | — | — | (69,291) | — | (69,291) |
| Issuance of stock related to acquisition | — | — | — | — | 6,117,038 | 765 | 242,449 | — | — | 243,214 |
| Repurchases of common stock | — | — | — | — | (1,264,062) | (158) | (50,140) | — | — | (50,298) |
| Excise tax on stock repurchases | — | — | — | — | — | — | (423) | — | — | (423) |
| Share-based compensation | — | — | — | — | 396,002 | 27 | 5,471 | — | — | 5,498 |
| Stock issued under employee benefit plans | — | — | — | — | 15,572 | 2 | 536 | — | — | 538 |
| Stock issued under dividend reinvestment andstock purchase plan | — | — | — | — | 44,499 | 6 | 1,779 | — | — | 1,785 |
| Stock options exercised | — | — | — | — | 19,524 | 1 | 464 | — | — | 465 |
| Shares withheld on equity award settlements | — | — | — | — | (70,378) | (8) | (3,009) | — | — | (3,017) |
| Balances, September 30, 2026 | 125 | $125 | 10,000 | $25,000 | 62,210,134 | $7,754 | $1,347,943 | $1,483,496 | $(227,937) | $2,636,381 |
| Nine Months Ended September 30, 2025 | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Cumulative Preferred Stock · Non-Cumulative Preferred Stock · Common Stock · Additional · AccumulatedOther | ||||||||||
| Shares | Amount | Shares | Amount | Shares | Amount | Paid-inCapital | RetainedEarnings | ComprehensiveLoss | Total | |
| Balances, December 31, 2024 | 125 | $125 | 10,000 | $25,000 | 57,974,535 | $7,247 | $1,188,768 | $1,272,528 | $(188,685) | $2,304,983 |
| Comprehensive income: | ||||||||||
| Net income | — | — | — | — | — | — | — | 168,936 | — | 168,936 |
| Other comprehensive income, net of tax | — | — | — | — | — | — | — | — | 32,821 | 32,821 |
| Cash dividends on preferred stock ($140.64 per share) | — | — | — | — | — | — | — | (1,406) | — | (1,406) |
| Cash dividends on common stock ($1.07 per share) | — | — | — | — | — | — | — | (62,092) | — | (62,092) |
| Repurchases of common stock | — | — | — | — | (939,271) | (117) | (36,359) | — | — | (36,476) |
| Excise tax on stock repurchases | — | — | — | — | — | — | (325) | — | — | (325) |
| Share-based compensation | — | — | — | — | 122,365 | 14 | 4,902 | — | — | 4,916 |
| Stock issued under employee benefit plans | — | — | — | — | 14,117 | 2 | 478 | — | — | 480 |
| Stock issued under dividend reinvestment andstock purchase plan | — | — | — | — | 44,748 | 6 | 1,731 | — | — | 1,737 |
| Stock options exercised | — | — | — | — | 16,705 | 2 | 328 | — | — | 330 |
| Shares withheld on equity award settlements | — | — | — | — | (40,702) | (5) | (1,497) | — | — | (1,502) |
| Balances, September 30, 2025 | 125 | $125 | 10,000 | $25,000 | 57,192,497 | $7,149 | $1,158,026 | $1,377,966 | $(155,864) | $2,412,402 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.