First Merchants (FRME) Tops Q1 Earnings Estimates

First Merchants (FRME) came out with quarterly earnings of $0.94 per share, beating the Zacks Consensus Estimate of$ 0.91 per share. This compares to earnings of $0.85 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 3.30%. A quarter ago, it was expected that this bank would post earnings of$ 0.90 per share when it actually produced earnings of $1, delivering a surprise of 11.11%.Over the last four quarters, the company has sur ...