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flag First Merchants to acquire First Savings in $241M all-stock deal, closing in early 2026.

flag First Merchants Corporation has agreed to acquire First Savings Financial Group in a $241.3 million all-stock merger, expected to close in early 2026. flag First Savings shareholders will receive 0.85 shares of First Merchants for each share held, valuing the deal at $33.60 per share based on the September 24, 2025 closing price. flag The combined company will have $21 billion in assets, 127 branches across Indiana, Michigan, and Ohio, and a strengthened presence in southern Indiana and Louisville, Kentucky. flag The merger is expected to boost earnings by 11% in 2027, deliver 27.5% in cost savings, and enhance lending capabilities in SBA loans, single-tenant leases, and home equity lines. flag Larry W. Myers, CEO of First Savings, will join First Merchants’ board. flag The deal requires shareholder and regulatory approval, with a registration statement filed with the SEC.

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