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Earnings ·

First Merchants reports Q3 EPS of $1.09, announces CEO transition

FRMEFirst Merchants Corp

First Merchants Corporation reported third-quarter net income available to common stockholders of $67.8 million, or $1.09 per diluted share, compared with $56.3 million, or $0.98 per diluted share in the prior-year period. The bank also announced that President Mike Stewart will succeed Mark Hardwick as Chief Executive Officer upon Mr. Hardwick’s retirement at year-end 2026.

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