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First Merchants Corp 2025 Financial Report: Stock Insights & Analysis

$FRME
Form 8-K
Filed on: 2025-01-15
Source
First Merchants Corp 2025 Financial Report: Stock Insights & Analysis

Here are the key insights extracted from the provided financial report section:

  1. Entity Identification:
  • Company Name: First Merchants Corp
  • SEC CIK Number: 0000712534
  • SEC File Number: 001-41342
  • Employer Identification Number (EIN): 35-1544218
  • Address: 200 East Jackson Street, P.O. Box 792, Muncie, IN 47305-2814
  • Contact Number: 765-747-1500
  1. Reporting Date:
  • The report is dated January 15, 2025.
  1. Stock Information:
  • Common Stock: Stated value of $0.125 per share.
  • Trading Symbol for Common Stock: FRME (listed on NASDAQ).
  • Depositary Shares: Each represents a 1/100th interest in a share of Non-Cumulative Perpetual Preferred Stock, Series A.
  • Trading Symbol for Depositary Shares: FRMEP (listed on NASDAQ).
  1. Segment Analysis:
  • The report references two classes of stock:
    • Common Stock (identified as us-gaap:CommonStockMember).
    • Depositary Shares (identified as frme:DepositarySharesMember).
  1. XML and XBRL Structure:
  • The document follows the XBRL (eXtensible Business Reporting Language) format, which is used for digital financial reporting, ensuring structured data that can be easily analyzed and processed by various software.
  1. Contextual Information:
  • The reporting period for the financial data is specified to be January 15, 2025, for both classes of stock mentioned.

Summary:

This section of the financial report provides a concise identity of First Merchants Corp, including its stock types and reporting specifics, which are essential for investors and analysts looking to understand the company's structure and offerings as of the reporting date. The emphasis on the two classes of stock and the structured reporting format indicates a focus on clarity and accessibility of financial data.