First Merchants Corp (FRME) Tops Q4 EPS by 2c
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January 30, 2020 8:01 AM EST
MUNCIE, Ind., Jan. 30, 2020 (GLOBE NEWSWIRE) -- First Merchants Corporation (NASDAQ - FRME) has reported fourth quarter 2019 net income of $47.8 million compared to $41.7 million during the same period in 2018. Earnings per share for the period totaled $.87 per share compared to fourth quarter 2018 result of $.85 per share. Included in the fourth quarter results are $1.9 million, or $.03 per share, of one-time charges related to the closing of our acquisition with Monroe Bank & Trust on September 1, 2019. Net income for the year ended December 31, 2019 totaled $164.5 million, compared to $159.1 million during the same period in 2018. Year-to-date earnings per share totaled $3.19 compared to $3.22 in 2018. Included in the... More
