FRME First Merchants Earnings and EPS analysis

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Relative Growth: Rel. Growth: 72
Relative Strength: Rel. Strength: 34
Relative Valuation: Rel. Valuation: 89
Relative Profitability: Rel. Profitability: 89

EPS in 2025 (TTM): $4.01

Last Report Period Date: Sep 30, 2025

Based on the company's latest reports for September 2025, the EPS for the trailing twelve months is $4.01. First Merchants's earnings per share in 2024 amounted to $3.42, marking a decrease from $3.74 in 2023. During the quarterly period ending on Sep 30, 2025, FRME's earnings per share stood at $0.98.

FRME earnings history

Historical annual and quarterly earnings per share (EPS) data for First Merchants
EPS (TTM)
$4.01
EPS Growth YoY (Quarterly)
16.7%
EPS (Quarterly)
$0.98
EPS Growth (Quarterly)
0%

First Merchants had an yealy EPS of $3.42, indicating a decrease of 8.6% from $3.74 recorded in 2023. The quarterly per-share earnings for the period ending Sep 30, 2025, was $0.98, indicating a 16.7% increase compared to the same quarter last year. FRME's 12-month EPS is $4.01 as of September 2025. First Merchants's annual EPS in 2023 was $3.74, a 2.3% decline year-over-year.

FRME EPS growth

Earnings per share growth rates over time
EPS Growth YoY (Quarterly)
16.7%
EPS growth YoY
-8.6%
EPS growth 3Y avg
-3.6%
EPS growth 5Y avg
1.3%

Over the past 12 months, First Merchants has recorded an earnings per share growth of 16.7% (YoY, quarterly). Examining a broader timeline, the company recorded an average EPS annual growth rate of -3.6% per year for the last 3 years. During the last five years, the company had an average annual EPS growth of 1.3%. A ten-year view shows that FRME has seen an average earnings per share growth of 7.5% per year.

FRME Earnings Waterfall

Breakdown of revenue, profit and net income for First Merchants

FRME Earnings vs Peers

What are the earnings of FRME compared to its peers
Stock name Price to Earnings EPS grwoth 1Y EPS grwoth 3Y EPS grwoth 5Y
FRME First Merchants Corp 9.01 -8.6% -3.6% 1.3%
SRCE 1St Source Corp 10.15 6.6% 4.5% 8.5%
THFF First Financial Corp 10.63 -21.3% -0.2% 1%
ONB Old National Bancorp 11.95 -13.3% 0.2% 4%
HBNC Horizon Bancorp Inc 13.42 26.6% -25.9% -11.9%
GABC German American Bancorp Inc 15.08 -2.7% -3.7% 4.3%
LKFN Lakeland Financial Corp 15.34 -0.8% -1.1% 1.4%

All data is based on quarterly TTM periods, unless otherwise specified.