Business Context and Reporting Period
Company: First Merchants Corporation (FRME)
Filing Type: Form 8-K (Current Report)
Date of Report: July 15, 2025
Event: Declaration of 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 solely addresses a dividend declaration.
| Security | Dividend Rate | Dividend Amount | Record Date | Payment Date |
|---|---|---|---|---|
| 7.50% Non-Cumulative Perpetual Preferred Stock, Series A | 7.50% | $46.88 per share | July 30, 2025 | August 15, 2025 |
| Depositary Shares (1/100th interest) | N/A | $0.4688 per depositary share | July 30, 2025 | August 15, 2025 |
Material Changes
No material changes to financial performance or operations are reported in this filing. The only reported event is the Board of Directors' declaration of the quarterly dividend.
Guidance, Outlook, and Risks
Management Commentary: The filing contains no management commentary, forward-looking guidance, or outlook beyond the dividend announcement.
Risks and Contingencies: No specific risks or contingencies are disclosed in this document. The filing includes a standard disclaimer that the information is not deemed "filed" for purposes of Section 18 of the Exchange Act.
Investor Verification Checklist
- Verify the record date of July 30, 2025, to ensure eligibility for the dividend.
- Confirm the payment date of August 15, 2025, for cash flow planning.
- Review the attached Exhibit 99.1 (Press Release) for any additional context regarding the dividend declaration.
- Note that this filing does not contain updated financial statements or operational metrics.