First Merchants Corp (FRME) Tops Q4 EPS by 3c

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Go back to First Merchants Corp (FRME) Tops Q4 EPS by 3c

First Merchants Corporation Announces Record Fourth Quarter and Full Year 2022 Results

January 26, 2023 8:01 AM EST

MUNCIE, Ind., Jan. 26, 2023 (GLOBE NEWSWIRE) --

First Merchants Corporation (NASDAQ - FRME)

Fourth Quarter 2022 Highlights:

Net income available to common stockholders was $70.3 million and diluted earnings per common share totaled $1.19, compared to $47.7 million and $.89 in the fourth quarter of 2021, and $63.3 million and $1.08 in the third quarter of 2022.Adjusted net income available to common stockholders1 for the fourth quarter was $70.5 million and adjusted diluted earnings per common share1 totaled $1.19, compared to $44.9 million and $.84 in the fourth quarter of 2021, and $65.6 million and... More