First Merchants Declares Q4 Cash Dividend on Series A Preferred Stock

First Merchants Corporation announced on October 15, 2026, that its Board of Directors has declared a quarterly cash dividend on its 7.50% Non-Cumulative Perpetual Preferred Stock Series A. The dividend is set at $46.88 per share.

Because the preferred stock is represented by depositary shares listed on the NASDAQ under the symbol FRMEP, each depositary share—representing a 1/100th interest in a share of Series A preferred stock—will receive a payment of $0.4688.

The dividend is payable on November 16, 2026, to stockholders of record as of October 30, 2026.

First Merchants Corporation is a financial holding company headquartered in Muncie, Indiana, operating through its subsidiary, First Merchants Bank, which also includes First Merchants Private Wealth Advisors.