FLUHLER STEPHAN sold $176K of FRME

First Merchants (FRME) reported Q3 results with a focus on mid-single-digit loan growth, stable net interest margins, and modest expense increases. Management expects credit costs to normalize to 20–25 basis points. The company's stock is currently trading at $40.93. Investors should watch loan growth, expense impacts, and credit performance.

First Merchants (FRME) reported Q3 2026 net income of $67.8M ($1.09 per diluted share), with adjusted EPS at $1.10. Net interest margin expanded 6 basis points to 3.44%. The company anticipates 8%-10% client-fee growth by 2027, targeting stable Q4 margins.

First Merchants (FRME) reported Q3 2026 earnings with net interest margin expanding to 3.44% and adjusted pretax pre provision earnings up 19% YoY to $83.7M. Loan growth was 1.8% annualized, while deposits grew 4.2%. Adjusted EPS rose 16% over two years to $2.87. The company completed a $100M subordinated debt issuance and repurchased $50.3M of common stock YTD.

First Merchants (FRME) reported Q3 2026 net income of $67.8M, up 11% YoY, with net interest margin at 3.44%, a 2-year high. Revenue was $199.1M, missing estimates. Shares rose 2.03% post-earnings. The company integrated First Savings Bank, expanding its Indiana presence. Loan and deposit growth continued, with stable credit quality despite some charge-offs.

First Merchants Corporation (FRME) reported Q3 Non-GAAP EPS of $1.10, beating estimates by $0.14, while revenue of $199M missed expectations by $6.6M, up 19.9% year-over-year. The company also announced its CEO's retirement and a $100M subordinated notes offering.

First Merchants (FRME) reported Q3 earnings of $1.1 per share, beating estimates by $0.06. Revenue was $205.33 million, up 23.6% year-over-year. The company has exceeded EPS and revenue estimates three times in the last four quarters. Shares are up 7% YTD. The stock has a Zacks Rank #3 (Hold).