First Merchants Corp (FRME) Tops Q2 EPS by 12c
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First Merchants Corporation Announces Second Quarter 2022 Earnings per Share
July 26, 2022 8:00 AM EDTMUNCIE, Ind., July 26, 2022 (GLOBE NEWSWIRE) -- First Merchants Corporation (NASDAQ - FRME)
Second Quarter 2022 Highlights:
Net income available to common stockholders was $38.5 million and diluted earnings per common share totaled $.63, compared to $55.6 million and $1.03 in the second quarter of 2021, and $48.6 million and $.91 in the first quarter of 2022. Completed legal closing on the acquisition of Level One Bancorp, Inc. (Level One) on April 1, 2022.Adjusted net income1 was $60.0 million and adjusted diluted earnings per share1 totaled $1.01, compared... More