Earnings Summary

First Merchants Corp’s revenue jumped 4.6% since last year same period to $164.15Mn in the Q2 2023. On a quarterly growth basis, First Merchants Corp has generated -2.93% fall in its revenue since last 3-months.

First Merchants Corp’s net profit jumped 56.09% since last year same period to $60.86Mn in the Q2 2023. On a quarterly growth basis, First Merchants Corp has generated -5.02% fall in its net profits since last 3-months.

First Merchants Corp’s net profit margin jumped 49.23% since last year same period to 37.08% in the Q2 2023. On a quarterly growth basis, First Merchants Corp has generated -2.15% fall in its net profit margins since last 3-months.

First Merchants Corp’s earning per share (EPS) estimates for the current quarter stand at 1.16 - a 6.42% jump from last quarter’s estimates.

First Merchants Corp’s earning per share (EPS) estimates for the current year stand at 1.16.

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 0.13.

First Merchants Corp declared 0.32 dividend per share during the earnings announcement for Q1 2023.