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First Merchants Corp (FRME.OQ)

FRME.OQ on NASDAQ Stock Exchange Global Select Market

42.64USD
21 Feb 2018
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Latest Key Developments (Source: Significant Developments)

First Merchants Announces Company-Wide Raise, Bonuses
Tuesday, 16 Jan 2018 

Jan 16 (Reuters) - First Merchants Corp ::FIRST MERCHANTS ANNOUNCES COMPANY-WIDE RAISE, BONUSES.FIRST MERCHANTS - TO RAISE WAGE PAID TO HOURLY EMPLOYEES BY $1/HOUR AS RESULT OF TAX CUTS AND JOBS ACT OF 2017 SIGNED BY PRESIDENT TRUMP IN DEC. 2017.  Full Article

First Merchants Corporation announces Q3 2017 results
Thursday, 26 Oct 2017 

Oct 26 (Reuters) - First Merchants Corp :First Merchants Corporation announces third quarter 2017 results.Q3 earnings per share $0.50 including items.Q3 earnings per share view $0.56 -- Thomson Reuters I/B/E/S.Says ‍Qtrly net interest income after provision for loan losses $72.3 million versus $55.8 million​.  Full Article

First merchants enters stock purchase agreement with Leland Boren and certain shareholders
Monday, 26 Sep 2016 

First Merchants Corp: On September 20, 2016, co entered into stock purchase agreement with Leland Boren and certain shareholders affiliated with Boren . Under agreement co will acquire about 12.11% of issued and outstanding shares of common stock of Independent Alliance Banks .Purchase price per share to be $40.00,aggregate purchase price for shares to be paid to Leland Boren, certain shareholders to be $19.8 million.  Full Article

First Merchants posts Q2 earnings per share of $0.49
Tuesday, 26 Jul 2016 

First Merchants Corp : First Merchants Corporation announces record second quarter 2016 results . Says Q2 net-interest margin of 3.86 percent, increased by 5 basis points over Q2 of 2015 total of 3.81 percent . Q2 earnings per share $0.49 . Q2 earnings per share view $0.46 -- Thomson Reuters I/B/E/S . Net-Interest income totaled $56 million for quarter versus. $49 million .Net chargeoffs totaled $690,000 at the end of second quarter.  Full Article

First Merchants Corp announces dividend
Monday, 2 May 2016 

First Merchants Corp:Declared a cash dividend on May 2, 2016 of $0.14 per share, a 21% increase over the prior quarter.Payable on June 17, 2016 to shareholders of record on June 3, 2016.  Full Article