First Merchants Corp (FRME) Tops Q4 EPS by 3c

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First Merchants Corporation Announces Record 2018 Earnings Per Share

January 31, 2019 8:01 AM EST

MUNCIE, Ind., Jan. 31, 2019 (GLOBE NEWSWIRE) -- First Merchants Corporation (NASDAQ - FRME) has reported fourth quarter 2018 net income of $41.7 million, an increase of 71 percent, compared to $24.4 million during the same period in 2017. Earnings per share for the period totaled a record $.85 per share, an increase of 73 percent, compared to the fourth quarter of 2017 result of $.49 per share. Net income for the year ended December 31, 2018 totaled $159.1 million, compared to $96.1 million during the same period in 2017. Year-to-date earnings per share was $3.22, a record level as we celebrated the Corporations 125th anniversary. The result was an increase of $1.10 per... More