<img src="https://ml.globenewswire.com/Resource/Download/f4e6e289-d1bf-40df-9b92-7401642f86f9?size=2" nborder="0" align="left" hspace="5" vspace="5" title="FMB_Logo_Horizontal_2CP_®_RGB+500xx138.png" alt="First Merchants Corporation"/>MUNCIE, Ind., July 13, 2026 (GLOBE NEWSWIRE) -- First Merchants Corporation has declared a quarterly cash dividend of $46.88 per share on its 7.50% Non-Cumulative Perpetual Preferred Stock Series A, represented by depositary shares (NASDAQ: FRMEP) each representing a 1/100th interest in a share of the Series A preferred stock. Holders of depositary shares will receive $0.4688 per depositary share. The dividend will be payable on August 14, 2026, to stockholders of record on July 30, 2026. About First Merchants Corporation: First Merchants Corporation is a financial holding company headquartered in Muncie, Indiana. The Corporation has one full-service bank charter, First Merchants Bank. The Bank also operates as First Merchants Private Wealth Advisors (as a division of First Merchants Bank). First Merchants Corporation’s common stock is traded on the NASDAQ Global Select Market System under the symbol FRME. Depositary shares representing a 1/100th interest in a share of First Merchants Corporation’s 7.50% Non-Cumulative Perpetual Preferred Stock, Series A are traded on the NASDAQ Global Select Market System under the symbol FRMEP. Quotations are carried in daily newspapers and can be found on the company’s Internet web page (http://www.firstmerchants.com). FIRST MERCHANTS and the Shield Logo are federally registered trademarks of First Merchants Corporation. For more information, contact: Nicole M. Weaver, First Vice President and Director of Corporate Administration 765-521-7619 <a href="https://www.globenewswire.com/Tracker?data=OMa-pLhjTdiDoreZuA-2zcrEwp9qcVndCdaxjLiwbANCwtDko-agd4_i-kh4B7c1dTEWE9s_3D6zbBye-4RCn9IG373Yt58KqS9T2g1zTzHePI_82MK39R5gFaDRnPOt" rel="nofollow" target="_blank" title="">http://www.firstmerchants.com</a> <img alt="" src='https://ml.globenewswire.com/media/MjA1MjhkODYtMDZhNy00MDhlLTk3NmMtYzk5NzNlYWI1OGNlLTEwOTc5MjAtMjAyNi0wNy0xMy1lbg==/tiny/First-Merchants-Corporation.png' referrerpolicy='no-referrer-when-downgrade' />

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First Merchants Corporation Announces Cash Dividend on its Preferred Stock

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