FRME First Merchants Earnings and EPS analysis

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Relative Growth: Rel. Growth: 38
Relative Strength: Rel. Strength: 53
Relative Valuation: Rel. Valuation: 59
Relative Profitability: Rel. Profitability: 72

EPS in 2026 (TTM): $3.41

Last Report Period Date: Mar 31, 2026

Based on the company's latest reports for March 2026, the EPS for the trailing twelve months is $3.41. First Merchants's earnings per share in 2025 amounted to $3.9, marking an increase from $3.42 in 2024. During the quarterly period ending on Mar 31, 2026, FRME's earnings per share stood at $0.46.

FRME earnings history

Historical annual and quarterly earnings per share (EPS) data for First Merchants
EPS (TTM)
$3.41
EPS Growth YoY (Quarterly)
-51.6%
EPS (Quarterly)
$0.46
EPS Growth (Quarterly)
-53.5%

First Merchants had an yealy EPS of $3.9, indicating an increase of 14% from $3.42 recorded in 2024. The quarterly per-share earnings for the period ending Mar 31, 2026, was $0.46, indicating a 51.6% decline compared to the same quarter last year. FRME's 12-month EPS is $3.41 as of March 2026. First Merchants's annual EPS in 2024 was $3.42, a 8.6% decline year-over-year.

FRME earnings chart

FRME EPS growth history

Earnings per share growth rates over time
EPS Growth YoY (Quarterly)
-51.6%
EPS growth YoY
14%
EPS growth 3Y avg
0.6%
EPS growth 5Y avg
7.2%

Over the past 12 months, First Merchants has recorded an earnings per share growth of -51.6% (YoY, quarterly). Examining a broader timeline, the company recorded an average EPS annual growth rate of 0.6% per year for the last 3 years. During the last five years, the company had an average annual EPS growth of 7.2%. A ten-year view shows that FRME has seen an average earnings per share growth of 8.5% 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
THFF First Financial Corp 11.05 67% 4.7% 11.2%
SRCE 1St Source Corp 12.11 19.6% 9.8% 15.1%
FRME First Merchants Corp 12.29 14% 0.6% 7.2%
GABC German American Bancorp Inc 12.61 8.1% 3.3% 5.5%
ONB Old National Bancorp 12.92 6.5% 6% 5.6%
LKFN Lakeland Financial Corp 14.32 10.4% -0.4% 4%
HBNC Horizon Bancorp Inc N/A -500% N/A N/A

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