First Merchants Corp (FRME) Tops Q3 EPS by 5c
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First Merchants Corporation Announces Third Quarter 2020 Earnings per Share
October 28, 2020 8:00 AM EDTMUNCIE, Ind., Oct. 28, 2020 (GLOBE NEWSWIRE) -- First Merchants Corporation (NASDAQ - FRME) has reported third quarter 2020 net income of $36.2 million compared to $36.8 million during the same period in 2019. Earnings per share for the period totaled $.67 per share compared to the third quarter of 2019 result of $.71 per share. Year-to-date net income totaled $103.5 million compared to $116.6 million during the nine months ended September 30, 2019. Year-to-date earnings per share totaled $1.91 compared to $2.32 during the same period in 2019.
Total assets equaled $13.7 billion as of September 30, 2020 and loans totaled $9.2 billion. The Corporations loan portfolio increased by $940 million, or 11.3 percent, during the past... More
