First Merchants Corp reports results for the quarter ended June 30 - Earnings Summary
First Merchants Corp reports results for the quarter ended June 30 - Earnings Summary
First Merchants Corp FRME.OQ reported quarterly adjusted earnings of 74 cents per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of 98 cents. The mean expectation of six analysts for the quarter was for earnings of $1.03 per share. Wall Street expected results to range from $1.00 to $1.05 per share.
Revenue rose 19.3% to $196.10 million from a year ago; analysts expected $202.78 million.
First Merchants Corp's reported EPS for the quarter was 70 cents.
The company reported quarterly net income of $43.51 million.
First Merchants Corp shares had risen by 0.8% this quarter and gained 17.5% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 0.5% in the last three months.
In the last 30 days, there have been no negative revisions of earnings estimates
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy," 2 "hold" and no "sell" or "strong sell."
This summary was machine generated from LSEG data July 22 at 09:02 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Jun. 30 2026 | 1.03 | 0.74 | Missed |
Mar. 31 2026 | 0.93 | 1.03 | Beat |
Dec. 31 2025 | 0.95 | 0.98 | Beat |
Sep. 30 2025 | 0.96 | 0.98 | Beat |
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