Group 1 - First Merchants reported quarterly earnings of $0.98 per share, exceeding the Zacks Consensus Estimate of $0.94 per share, and showing an increase from $0.68 per share a year ago, resulting in an earnings surprise of +4.26% [1] - The company posted revenues of $164.32 million for the quarter ended June 2025, which was 1.13% below the Zacks Consensus Estimate, compared to $159.9 million in the same quarter last year [2] - Over the last four quarters, First Merchants has surpassed consensus EPS estimates four times but has only topped consensus revenue estimates once [2] Group 2 - The stock has gained about 4% since the beginning of the year, while the S&P 500 has increased by 7.3% [3] - The current consensus EPS estimate for the upcoming quarter is $0.95 on revenues of $168.95 million, and for the current fiscal year, it is $3.76 on revenues of $665.7 million [7] - The Zacks Industry Rank for Banks - Midwest is in the top 30% of over 250 Zacks industries, indicating a favorable outlook for the industry [8]
First Merchants (FRME) Surpasses Q2 Earnings Estimates