First Merchants Corporation reported record full-year results for 2025, driven by strong earnings and loan growth. The company also received regulatory approval for a significant acquisition, expected to close in early 2026, which will expand its market presence.
Achieved record full-year results, including net income available to common stockholders of $224.1 million and diluted EPS of $3.88 for 2025.
positiveTotal loans grew $938.8 million, or 7.3%, during the last twelve months, and $197.4 million, or 5.8% annualized, on a linked quarter basis.
positiveTotal deposits increased $773.2 million, or 5.3%, over the past twelve months, and $424.9 million, or 11.4% annualized, on a linked quarter basis.
positiveFully tax equivalent net interest margin was 3.29%, an increase of five basis points compared to prior quarter, and an increase of one basis point compared to the fourth quarter of 2024.
positiveNet income available to common stockholders was $56.6 million and diluted earnings per common share totaled $0.99 in Q4 2025, compared to $63.9 million and $1.10 in the fourth quarter of 2024.
negativeAdjusted diluted earnings per common share for Q4 2025 totaled $0.98 compared to $1.00 in the prior year period.
negativeTotal Noninterest Income decreased by $9.6 million from the fourth quarter of 2024, primarily driven by a gain on the sale of five Illinois branches in the prior year.
attentionNonperforming assets to total assets were 0.38% for Q4 2025, an increase from 0.36% in the prior quarter.
attentionMargin metrics will be available once backend extracts data from insights_json
Special items are non-recurring events that may distort period-over-period comparisons. Analysts typically adjust for these when calculating normalized earnings.
First Merchants delivered record double-digit earnings and high single-digit loan growth in 2025.
Our capital, liquidity and credit positions remain very strong and position us for continued success.
The pending completion of the First Savings Bank acquisition on February 1st will further enhance our state-wide Indiana presence.
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Operational metrics provide insight into business drivers and customer engagement beyond traditional financial measures.