First Merchants Corp (FRME) Tops Q1 EPS by 4c
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First Merchants Corporation Announces First Quarter 2022 Earnings Per Share
April 26, 2022 8:00 AM EDTMUNCIE, Ind., April 26, 2022 (GLOBE NEWSWIRE) -- First Merchants Corporation (NASDAQ - FRME)
First Quarter 2022 Highlights:
Net income was $48.6 million and diluted earnings per share totaled $.91, compared to $49.5 million and $.91 in the first quarter of 2021, and $47.7 million and $.89 in the fourth quarter of 2021.Diluted earnings per share excluding income on Paycheck Protection Program (PPP) loans totaled $.88 for the first quarter of 2022 compared to $.78 in the first quarter of 2021 and $.84 in the fourth quarter of 2021.1Total loans, excluding PPP loans, grew $165 million... More