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FIRST MERCHANTS CORP

For the period ended Sep 30, 2026. Filed Oct 30, 2026.

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About this filing

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, 2026125$12510,000$25,00062,205,528$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————312,484171,947——1,964
Stock issued under employee benefit plans————5,5281198——199
Stock issued under dividend reinvestment and stock purchase plan————14,4851612——613
Shares withheld on equity award settlements————(40,460)(5)(1,740)——(1,745)
Balances, September 30, 2026125$12510,000$25,00062,210,134$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
SharesAmountSharesAmountSharesAmountPaid-inCapitalRetainedEarningsComprehensiveLossTotal
Balances, June 30, 2025125$12510,000$25,00057,272,433$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————————34,11134,111
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————91,857101,744——1,754
Stock issued under employee benefit plans————4,8021162——163
Stock issued under dividend reinvestment andstock purchase plan————14,8812595——597
Stock options exercised————4,762192——93
Shares withheld on equity award settlements————(33,764)(4)(1,249)——(1,253)
Balances, September 30, 2025125$12510,000$25,00057,192,497$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
SharesAmountSharesAmountSharesAmountPaid-inCapitalRetainedEarningsComprehensive LossTotal
Balances, December 31, 2025125$12510,000$25,00056,951,939$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————6,117,038765242,449——243,214
Repurchases of common stock————(1,264,062)(158)(50,140)——(50,298)
Excise tax on stock repurchases——————(423)——(423)
Share-based compensation————396,002275,471——5,498
Stock issued under employee benefit plans————15,5722536——538
Stock issued under dividend reinvestment andstock purchase plan————44,49961,779——1,785
Stock options exercised————19,5241464——465
Shares withheld on equity award settlements————(70,378)(8)(3,009)——(3,017)
Balances, September 30, 2026125$12510,000$25,00062,210,134$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
SharesAmountSharesAmountSharesAmountPaid-inCapitalRetainedEarningsComprehensiveLossTotal
Balances, December 31, 2024125$12510,000$25,00057,974,535$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————————32,82132,821
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————122,365144,902——4,916
Stock issued under employee benefit plans————14,1172478——480
Stock issued under dividend reinvestment andstock purchase plan————44,74861,731——1,737
Stock options exercised————16,7052328——330
Shares withheld on equity award settlements————(40,702)(5)(1,497)——(1,502)
Balances, September 30, 2025125$12510,000$25,00057,192,497$7,149$1,158,026$1,377,966$(155,864)$2,412,402
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The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.