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FRME

First Merchants Corp.

$43.11

Earnings Summary

Revenue
$156.94Mn
Net Profits
$38.99Mn
Net Profit Margins
24.84%
PE Ratio
12.89

Highlights

Revenue:

First Merchants Corp.’s revenue jumped 16.12% since last year same period to $156.94Mn in the Q2 2022. On a quarterly growth basis, First Merchants Corp. has generated 43.27% jump in its revenue since last 3-months.

Net Profits:

First Merchants Corp.’s net profit fell -29.82% since last year same period to $38.99Mn in the Q2 2022. On a quarterly growth basis, First Merchants Corp. has generated -19.75% fall in its net profits since last 3-months.

Net Profit Margins:

First Merchants Corp.’s net profit margin fell -39.56% since last year same period to 24.84% in the Q2 2022. On a quarterly growth basis, First Merchants Corp. has generated -43.99% fall in its net profit margins since last 3-months.

PE Ratio:

First Merchants Corp.’s price-to-earnings ratio after this Q2 2022 earnings stands at 12.89.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the First Merchants Corp. post its latest quarter earnings

EPS Estimate Current Quarter
1.05
EPS Estimate Current Year
1.05

Highlights

EPS Estimate Current Quarter:

First Merchants Corp.’s earning per share (EPS) estimates for the current quarter stand at 1.05 - a 29.63% jump from last quarter’s estimates.

EPS Estimate Current Year:

First Merchants Corp.’s earning per share (EPS) estimates for the current year stand at 1.05.

Key Ratios

Key ratios of the First Merchants Corp. post its Q2 2022 earnings

Earning Per Share (EPS)
0.63
Return on Assets (ROA)
0.01
Return on Equity (ROE)
0.1
Dividend Per Share (DPS)
1.19

Highlights

Earning Per Share (EPS):

First Merchants Corp.’s earning per share (EPS) fell -38.83% since last year same period to 0.63 in the Q2 2022. This indicates that the First Merchants Corp. has generated -38.83% annual rate of fall in its earning per share (EPS) in the last 4 quarters.

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. First Merchants Corp.’s return on assets (ROA) stands at 0.01.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. First Merchants Corp.’s return on equity (ROE) stands at 0.1.

Dividend Per Share (DPS):

First Merchants Corp. declared 1.19 dividend per share during the earnings announcement for Q2 2022.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2022-05-10
0.87
0.91
4.6%
2022-06-30
0.81
0.63
-22.22%

Company Information

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 and the Shield Logo are federally registered trademarks of First Merchants Corporation.

Organisation
First Merchants Corp.
Headquarters
Muncie, Indiana, US
Employees
1.91K
Industry
Finance
CEO
Michael Rechin