First Merchants Corp (FRME) Tops Q3 EPS by 3c

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Go back to First Merchants Corp (FRME) Tops Q3 EPS by 3c

First Merchants Corporation Announces Third Quarter 2022 Earnings Per Share

October 25, 2022 8:00 AM EDT

MUNCIE, Ind., Oct. 25, 2022 (GLOBE NEWSWIRE) -- First Merchants Corporation (NASDAQ - FRME)

Third Quarter 2022 Highlights:

Net income available to common stockholders was $63.3 million and diluted earnings per common share totaled $1.08, compared to $52.8 million and $.98 in the third quarter of 2021, and $38.5 million and $.63 in the second quarter of 2022. Completed system integration for the acquisition of Level One Bancorp, Inc. (Level One) during the quarter.Adjusted net income available to common stockholders1 for the third quarter was $65.6 million and adjusted diluted earnings per... More