First Merchants (FRME) Beats Q1 Earnings Estimates

First Merchants (FRME) came out with quarterly earnings of $0.85 per share, beating the Zacks Consensus Estimate of $0.82 per share. This compares to earnings of $1.07 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 3.66%. A quarter ago, it was expected that this bank would post earnings of $0.87 per share when it actually produced earnings of $0.87, delivering no surprise.Over the last four quarters, the company has surpassed ...