First Merchants Pref Share FRMEP 7.5 Perp 08/15/25 | 10-Q: FY2025 Q3 Revenue: USD 166.14 M

Revenue: As of FY2025 Q3, the actual value is USD 166.14 M.

EPS: As of FY2025 Q3, the actual value is USD 0.98.

EBIT: As of FY2025 Q3, the actual value is USD -68.38 M.

Financial Metrics by Segment

Commercial and Industrial Loans

• Total: $4,604.9 million
• Current Period Gross Charge-offs: $11.5 million

Agricultural Land, Production and Other Loans to Farmers

• Total: $275.8 million

Construction Loans

• Total: $789.0 million
• Current Period Gross Charge-offs: $63 thousand

Commercial Real Estate, Non-Owner Occupied

• Total: $2,304.9 million
• Current Period Gross Charge-offs: $468 thousand

Commercial Real Estate, Owner Occupied

• Total: $1,232.1 million
• Current Period Gross Charge-offs: $398 thousand

Residential Loans

• Total: $2,412.8 million
• Current Period Gross Charge-offs: $1.5 million

Home Equity Loans

• Total: $687.0 million
• Current Period Gross Charge-offs: $1.4 million

Individuals’ Loans for Household and Other Personal Expenditures

• Total: $138.7 million
• Current Period Gross Charge-offs: $1.6 million

Public Finance and Other Commercial Loans

• Total: $1,145.9 million

Cash Flow

• Net Cash Provided by Operating Activities: $202.9 million
• Net Cash Used by Investing Activities: -$473.1 million
• Net Cash Provided by Financing Activities: $270.6 million

Future Outlook and Strategy

• Core Business Focus: The company continues to focus on maintaining a diversified loan portfolio with a strong emphasis on commercial and industrial loans, real estate loans, and public finance. The company aims to manage credit quality through regular reviews and risk grading of loans.
• Non-Core Business: The company is involved in strategic acquisitions and divestitures, such as the acquisition of First Savings Financial Group, Inc., and the sale of branches to Old Second National Bank. These actions are aimed at optimizing the company’s portfolio and expanding its market presence.