FRME
$38.11
Revenue | $267.34Mn |
Net Profits | $39.92Mn |
Net Profit Margins | 14.93% |
PE Ratio | 12.45 |
First Merchants Corp’s revenue jumped 62.86% since last year same period to $267.34Mn in the Q2 2024. On a quarterly growth basis, First Merchants Corp has generated 2.04% jump in its revenue since last 3-months.
First Merchants Corp’s net profit fell -34.4% since last year same period to $39.92Mn in the Q2 2024. On a quarterly growth basis, First Merchants Corp has generated -16.72% fall in its net profits since last 3-months.
First Merchants Corp’s net profit margin fell -59.72% since last year same period to 14.93% in the Q2 2024. On a quarterly growth basis, First Merchants Corp has generated -18.38% fall in its net profit margins since last 3-months.
First Merchants Corp’s price-to-earnings ratio after this Q2 2024 earnings stands at 12.45.
EPS Estimate Current Quarter | 0.9 |
EPS Estimate Current Year | 0.9 |
First Merchants Corp’s earning per share (EPS) estimates for the current quarter stand at 0.9 - a 12.5% jump from last quarter’s estimates.
First Merchants Corp’s earning per share (EPS) estimates for the current year stand at 0.9.
Earning Per Share (EPS) | 0.68 |
Return on Assets (ROA) | 0.01 |
Return on Equity (ROE) | 0.09 |
Dividend Per Share (DPS) | 0.35 |
First Merchants Corp’s earning per share (EPS) fell -33.33% since last year same period to 0.68 in the Q2 2024. This indicates that the First Merchants Corp has generated -33.33% annual rate of fall in its earning per share (EPS) in the last 4 quarters.
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.
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 0.09.
First Merchants Corp declared 0.35 dividend per share during the earnings announcement for Q2 2024.
Earnings Date | Estimated EPS | Reported EPS | Surprise % |
---|---|---|---|
2024-05-01 | 0.82 | 0.85 | 3.66% |
2024-08-01 | 0.8 | 0.68 | -15% |