# First Merchants Corp (FRME)

> Cited company facts from SEC filings, by Steadybase. Web page: https://steadybase.io/company/first-merchants-corp/ JSON: https://steadybase.io/company/first-merchants-corp.json Checked Nov 10, 2026. Latest filing read: Oct 30, 2026.

## Company

- Legal name: FIRST MERCHANTS CORP
- Ticker: FRME, FRMEP (Nasdaq, Nasdaq)
- SEC CIK: 0000712534
- Industry: National Commercial Banks (SIC 6021)
- Headquarters: Muncie, IN
- Fiscal year ends: December 31
- SEC filer category: Large accelerated filer
- Website: firstmerchants.com
- LinkedIn: https://www.linkedin.com/company/first-merchants-corporation
- Next earnings date: Jan 20, 2027 (estimated from past 8-K timing)

## Key facts

- Revenue: $924.8M for the fiscal year ended Dec 31, 2025 (10-K filed Feb 25, 2026). Source: https://www.sec.gov/Archives/edgar/data/712534/000071253426000022/0000712534-26-000022-index.html
- Net income: $226.0M for the fiscal year ended Dec 31, 2025 (10-K filed Feb 25, 2026). Source: https://www.sec.gov/Archives/edgar/data/712534/000071253426000022/0000712534-26-000022-index.html
- Employees: 2,086 as of Dec 31, 2025, as reported in an SEC filing. Source: https://www.sec.gov/Archives/edgar/data/712534/000071253426000022/frme-20251231.htm
- Shares outstanding: 62,676,988 as of Oct 27, 2026 (10-Q filed Oct 30, 2026). Source: https://www.sec.gov/Archives/edgar/data/712534/000071253426000077/0000712534-26-000077-index.html
- Auditor: Forvis Mazars, LLP, Indianapolis, IN, named in the latest 10-K. Source: https://www.sec.gov/Archives/edgar/data/712534/000071253426000022/frme-20251231.htm

## Business

First Merchants Corporation (the “Corporation”) is a financial holding company headquartered in Muncie, Indiana and was organized in September 1982. The Corporation’s common stock is traded on the Nasdaq Global Select Market System under the symbol FRME. The Corporation has one full-service bank charter, First Merchants Bank, which opened for business in Muncie, Indiana in March 1893. The Bank also operates First Merchants Private Wealth Advisors (a division of First Merchants Bank). The Bank includes 111 banking locations in Indiana, Ohio, and Michigan.

Source: Item 1. Business, https://www.sec.gov/Archives/edgar/data/712534/000071253426000022/frme-20251231.htm

## Annual results

| Fiscal year ended | Revenue | Net income |
|---|---|---|
| Dec 31, 2025 | $924.8M | $226.0M |
| Dec 31, 2024 | $948.0M | $201.4M |
| Dec 31, 2023 | $893.9M | $223.8M |
| Dec 31, 2022 | $605.0M | $222.1M |
| Dec 31, 2021 | $446.6M | $205.5M |

Each figure comes from the annual report for that year. Filing links for every figure: https://steadybase.io/company/first-merchants-corp.json

## Officers and directors

- Mark Hardwick, Chief Executive Officer. LinkedIn: https://linkedin.com/in/mark-hardwick-16505819. Source: 8-K filed Oct 21, 2026, https://www.sec.gov/Archives/edgar/data/712534/000071253426000073/a3q26earningsreleaseex991.htm
- Michele Kawiecki, Chief Financial Officer. Source: Form 4 filed Aug 4, 2026, https://www.sec.gov/Archives/edgar/data/712534/000163566926000005/0001635669-26-000005-index.htm
- Michael J. Stewart, President. Source: Form 4 filed Aug 4, 2026, https://www.sec.gov/Archives/edgar/data/712534/000142532426000003/0001425324-26-000003-index.htm
- Stephan Fluhler, Chief Information Officer. Source: Form 4 filed Sep 22, 2026, https://www.sec.gov/Archives/edgar/data/712534/000160834726000020/0001608347-26-000020-index.htm
- Eva D. Scurlock, Chief Risk Officer. LinkedIn: https://linkedin.com/in/evascurlock. Source: 4/A filed Aug 12, 2026, https://www.sec.gov/Archives/edgar/data/712534/000173659426000021/0001736594-26-000021-index.htm
- John Martin, Chief Credit Officer. Source: Form 4 filed Aug 4, 2026, https://www.sec.gov/Archives/edgar/data/712534/000146684826000005/0001466848-26-000005-index.htm
- Joseph C. Peterson, Chief Commercial Officer. Source: Form 4 filed Aug 4, 2026, https://www.sec.gov/Archives/edgar/data/712534/000205679426000006/0002056794-26-000006-index.htm
- Steven C. Harris, Chief Human Resources Officer. Source: Form 4 filed Aug 4, 2026, https://www.sec.gov/Archives/edgar/data/712534/000172487326000005/0001724873-26-000005-index.htm
- Paul Fultz, Director. Source: 8-K filed May 19, 2026, https://www.sec.gov/Archives/edgar/data/712534/000071253426000039/frme-20260519.htm
- Clark C. Kellogg, Director. Source: 10-K filed Feb 25, 2026, https://www.sec.gov/Archives/edgar/data/712534/000071253426000022/frme-20251231.htm
- F. Howard Halderman, Director. Source: 10-K filed Feb 25, 2026, https://www.sec.gov/Archives/edgar/data/712534/000071253426000022/frme-20251231.htm
- Gary J. Lehman, Director. Source: 10-K filed Feb 25, 2026, https://www.sec.gov/Archives/edgar/data/712534/000071253426000022/frme-20251231.htm
- Jason R. Sondhi, Director. Source: 10-K filed Feb 25, 2026, https://www.sec.gov/Archives/edgar/data/712534/000071253426000022/frme-20251231.htm
- Jean L. Wojtowicz, Director. Source: 10-K filed Feb 25, 2026, https://www.sec.gov/Archives/edgar/data/712534/000071253426000022/frme-20251231.htm
- Kevin D. Johnson, Director. Source: 10-K filed Feb 25, 2026, https://www.sec.gov/Archives/edgar/data/712534/000071253426000022/frme-20251231.htm
- Larry W. Myers, Director. Source: 10-K filed Feb 25, 2026, https://www.sec.gov/Archives/edgar/data/712534/000071253426000022/frme-20251231.htm
- Michael C. Rechin, Director. Source: 10-K filed Feb 25, 2026, https://www.sec.gov/Archives/edgar/data/712534/000071253426000022/frme-20251231.htm
- Michael J. Fisher, Director. Source: 10-K filed Feb 25, 2026, https://www.sec.gov/Archives/edgar/data/712534/000071253426000022/frme-20251231.htm
- Michael R. Becher, Director. Source: 10-K filed Feb 25, 2026, https://www.sec.gov/Archives/edgar/data/712534/000071253426000022/frme-20251231.htm
- Mung Chiang, Director. Source: 10-K filed Feb 25, 2026, https://www.sec.gov/Archives/edgar/data/712534/000071253426000022/frme-20251231.htm
- Susan W. Brooks, Director. Source: 10-K filed Feb 25, 2026, https://www.sec.gov/Archives/edgar/data/712534/000071253426000022/frme-20251231.htm
- John J. Martin, Named in proxy. LinkedIn: https://linkedin.com/in/john-martin-frme. Source: DEF 14A filed Apr 3, 2026, https://www.sec.gov/Archives/edgar/data/712534/000071253426000025/frme-20260402.htm
- Michele M. Kawiecki, Named in proxy. LinkedIn: https://www.linkedin.com/in/michele-kawiecki-26a63a28. Source: DEF 14A filed Apr 3, 2026, https://www.sec.gov/Archives/edgar/data/712534/000071253426000025/frme-20260402.htm

## Recent 8-K events

- Oct 21, 2026: Item 2.02, Results of operations and financial condition (earnings release); Item 9.01, Financial statements and exhibits. Source: https://www.sec.gov/Archives/edgar/data/712534/000071253426000073/frme-20261021.htm
- Oct 15, 2026: Item 8.01, Other events; Item 9.01, Financial statements and exhibits. Source: https://www.sec.gov/Archives/edgar/data/712534/000071253426000070/frme-20261015.htm
- Oct 1, 2026: Item 5.02, Departure or appointment of directors or officers; compensation; Item 8.01, Other events; Item 9.01, Financial statements and exhibits. Source: https://www.sec.gov/Archives/edgar/data/712534/000071253426000067/frme-20261001.htm
- Sep 25, 2026: Item 1.01, Entry into a material definitive agreement; Item 2.03, Creation of a direct financial obligation; Item 9.01, Financial statements and exhibits. Source: https://www.sec.gov/Archives/edgar/data/712534/000119312526402604/d154643d8k.htm
- Sep 24, 2026: Item 1.01, Entry into a material definitive agreement; Item 8.01, Other events; Item 9.01, Financial statements and exhibits. Source: https://www.sec.gov/Archives/edgar/data/712534/000119312526399714/d172960d8k.htm
- Aug 14, 2026: Item 8.01, Other events; Item 9.01, Financial statements and exhibits. Source: https://www.sec.gov/Archives/edgar/data/712534/000071253426000064/frme-20260814.htm
- Jul 22, 2026: Item 2.02, Results of operations and financial condition (earnings release); Item 9.01, Financial statements and exhibits. Source: https://www.sec.gov/Archives/edgar/data/712534/000071253426000056/frme-20260722.htm
- Jul 13, 2026: Item 8.01, Other events; Item 9.01, Financial statements and exhibits. Source: https://www.sec.gov/Archives/edgar/data/712534/000071253426000051/frme-20260713.htm
- Jul 2, 2026: Item 5.02, Departure or appointment of directors or officers; compensation. Source: https://www.sec.gov/Archives/edgar/data/712534/000071253426000048/frme-20260701.htm
- Jun 24, 2026: Item 8.01, Other events. Source: https://www.sec.gov/Archives/edgar/data/712534/000071253426000046/frme-20260624.htm

## Insider trades (Form 4)

- Aug 19, 2026: Stephan Fluhler (Chief Information Officer) sold 4,080 shares, about $176,256. Source: https://www.sec.gov/Archives/edgar/data/712534/000160834726000018/0001608347-26-000018-index.htm
- Jun 12, 2026: Larry W. Myers (Director) sold 20,000 shares, about $835,000. Source: https://www.sec.gov/Archives/edgar/data/712534/000144209426000021/0001442094-26-000021-index.htm
- May 5, 2026: Larry W. Myers (First Vice President) sold 0.41 shares, about $17. Source: https://www.sec.gov/Archives/edgar/data/712534/000144209426000015/0001442094-26-000015-index.htm
- Feb 26, 2026: Larry W. Myers (First Vice President) sold 5,000 shares, about $207,500. Source: https://www.sec.gov/Archives/edgar/data/712534/000144209426000009/0001442094-26-000009-index.htm
- Feb 11, 2026: Stephan Fluhler (Chief Information Officer) sold 4,161 shares, about $174,596. Source: https://www.sec.gov/Archives/edgar/data/712534/000160834726000007/0001608347-26-000007-index.htm
- Feb 6, 2026: Eva D. Scurlock (Chief Risk Officer) sold 3,227 shares, about $136,470. Source: https://www.sec.gov/Archives/edgar/data/712534/000173659426000012/0001736594-26-000012-index.htm
- Nov 4, 2025: Stephan Fluhler (Chief Information Officer) sold 5,689 shares, about $202,244. Source: https://www.sec.gov/Archives/edgar/data/712534/000160834725000012/0001608347-25-000012-index.htm

## What management said

- "First Merchants delivered strong third quarter results. Earnings per diluted share were $1.09, up 11 percent from the third quarter of last year, fully taxable equivalent net interest margin 1 rose 6 basis points to 3.44 percent, and deposit growth was solid" Mark Hardwick, Chief Executive Officer (8-K filed Oct 21, 2026). Source: https://www.sec.gov/Archives/edgar/data/712534/000071253426000073/a3q26earningsreleaseex991.htm

## Latest filings

- 8-K filed Oct 21, 2026: https://www.sec.gov/Archives/edgar/data/712534/000071253426000073/frme-20261021.htm
- 10-K filed Feb 25, 2026: https://www.sec.gov/Archives/edgar/data/712534/000071253426000022/frme-20251231.htm
- 10-Q filed Oct 30, 2026: https://www.sec.gov/Archives/edgar/data/712534/000071253426000077/frme-20260930.htm
- DEF 14A filed Apr 3, 2026: https://www.sec.gov/Archives/edgar/data/712534/000071253426000025/frme-20260402.htm

## About this data

SEC EDGAR filings, read by Steadybase. Every value links to the filing it came from.
Steadybase covers US-headquartered public companies that file with the SEC. API and MCP access: https://steadybase.io/docs/