Detail akcie First Merch online

Business Summary: First Merchants Corporation is a financial holding company. The Company has one full-service bank charter, First Merchants Bank (the Bank). The Bank also operates as First Merchants Private Wealth Advisors (as a division of First Merchants Bank). Through the Bank, the Company offers a broad range of commercial and consumer banking services to meet the diverse needs of its customers. Its commercial banking team offers a full spectrum of debt capital, treasury management services and depository products. The consumer banking group offers a variety of consumer deposit and lending products. The mortgage banking team offers consumer mortgage solutions to assist with the purchase, refinance, construction or renovation of residential properties. Private Wealth Advisors offers personal wealth management services with expertise in investment management, private banking, fiduciary estate and financial planning. The Bank includes about 110 banking locations in Indiana, Ohio, and Michigan.
Financial Summary: BRIEF: For the fiscal year ended 31 December 2024, First Merchants Corp interest income increased 6% to $948M. Net interest income after loan loss provision decreased 10% to $485.4M. Net income applicable to common stockholders decreased 10% to $199.5M. Net interest income after loan loss provision reflects Net Interest Margin, Total -% decrease of 5% to 3.19%, Net Interest Spread, Total - % decrease of 8% to 2.52%.