Business Context and Reporting Period
Company: First Merchants Corporation (FRME)
Filing Type: Form 8-K (Current Report)
Date of Report: July 13, 2026
Event: Declaration of a quarterly cash dividend on Non-Cumulative Perpetual Preferred Stock, Series A.
Key Financial Metrics
This filing does not report revenue, profit, cash flow, margins, debt, or liquidity metrics. The document is limited to a specific corporate action regarding preferred stock dividends.
Material Changes
No material changes to financial performance or operations are reported in this filing. The sole material event is the declaration of a dividend.
Guidance, Outlook, and Management Commentary
Dividend Declaration Details:
- Security: 7.50% Non-Cumulative Perpetual Preferred Stock, Series A (FRMEP).
- Dividend Amount: $46.88 per share (equivalent to $0.4688 per depositary share).
- Record Date: July 30, 2026.
- Payment Date: August 14, 2026.
Management Commentary: The filing references a press release (Exhibit 99.1) but contains no additional management commentary, guidance, or risk factors within the text of the 8-K itself.
Investor Verification Checklist
- Verify the record date of July 30, 2026, to ensure eligibility for the dividend.
- Confirm the payment date of August 14, 2026, for cash flow planning.
- Review the attached press release (Exhibit 99.1) for any broader context not included in the 8-K summary.
- Note that this dividend applies only to Preferred Stock Series A, not Common Stock.