Education
About Us
Working with TipRanks
Follow Us
First Merchants Corp. (FRME)
NASDAQ:FRME
Earnings Data
Report Date
Oct 28, 2025After Close (Confirmed)
Period Ending
2025 (Q3)Consensus EPS Forecast
0.97Last Year’s EPS
0.84Same Quarter Last Year
Strong Buy
Based on 4 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The earnings call highlighted strong financial performance with significant increases in net income and earnings per share, robust loan growth, and improved credit quality. However, there were pressures on deposit costs and some notable nonaccrual loans. Overall, the positive aspects significantly outweigh the challenges.Company Guidance
Strong Financial Performance
Second quarter net income was $56.4 million, an increase of $17 million or 43% from a year ago. Year-to-date net income totaled $111.2 million, an increase of $24.3 million or 28% from the first half of 2024. Earnings per share increased by $0.44 or 30% during the same period.
Robust Loan Growth
Achieved 9.1% annualized loan growth with $262 million of commercial loan growth for the quarter and $430 million of loan growth year-to-date, which is 9% annualized.
Improved Credit Quality
Provision for credit losses significantly reduced to $5.6 million compared to $24.5 million in the second quarter of 2024. Net charge-offs were just 0.07% of average loans annualized.
Increased Shareholder Returns
Repurchased an additional $22.1 million worth of shares this quarter. Year-to-date, $31.7 million worth of shares have been repurchased at an average price of $38.68.
Growing Tangible Book Value
Tangible book value per share increased by 8.5%, reflecting strong capital management and shareholder returns.
FRME Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
FRME Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Jul 23, 2025 | $40.90 | $39.40 | -3.67% |
Apr 24, 2025 | $36.24 | $35.83 | -1.13% |
Jan 30, 2025 | $40.16 | $41.58 | +3.54% |
Oct 24, 2024 | $36.07 | $34.76 | -3.63% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does First Merchants Corp. (FRME) report earnings?
First Merchants Corp. (FRME) is schdueled to report earning on Oct 28, 2025, After Close (Confirmed).
What is First Merchants Corp. (FRME) earnings time?
First Merchants Corp. (FRME) earnings time is at Oct 28, 2025, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is FRME EPS forecast?
FRME EPS forecast for the fiscal quarter 2025 (Q3) is 0.97.