First Merchants: Q2 Earnings Insights


First Merchants FRME reported its Q2 earnings results on Tuesday, July 26, 2022 at 08:00 AM.

Here's what investors need to know about the announcement.


First Merchants beat estimated earnings by 24.69%, reporting an EPS of $1.01 versus an estimate of $0.81.

Revenue was up $21.79 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.01 which was followed by a 3.39% drop in the share price the next day.

Here's a look at First Merchants's past performance:


Quarter Q1 2022 Q4 2021 Q3 2021 Q2 2021
EPS Estimate 0.87 0.93 0.91 0.92
EPS Actual 0.88 0.89 0.98 1.03
Revenue Estimate 133.52M 136.45M 133.91M 131.71M
Revenue Actual 128.18M 127.12M 133.22M 135.15M

To track all earnings releases for First Merchants visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Market News and Data brought to you by Benzinga APIs
Actual EPS
EPS Surprise
Actual Rev
Rev Surprise
Posted In: EarningsNewsBZI-Recaps
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!