First Merchants (FRME) earnings history
Most recent quarter
- Fiscal period
- Q2 2026
- Period end
- Jun 30, 2026
- EPS actual
- $0.70
- EPS estimate
- $1.02
- EPS surprise
- −31.49%
- Revenue surprise
- −0.14%
- Revenue
- $202.5M
- Revenue estimate
- $202.8M
- Reported
- Jul 22, 2026
First Merchants reported Q2 2026 results on July 22, 2026. EPS of $0.70 missed the $1.02 estimate by 31.49%, while revenue of $202.5 million was in line with the $202.8 million consensus. Compared with Q2 2025, EPS fell about 29% from $0.98 even as revenue rose about 19% from $170.5 million. Q2 revenue was the highest in the table.
Annual EPS held in a fairly tight range: $3.81 in 2022, $3.74 in 2023, $3.42 in 2024 and $3.89 in 2025. Revenue rose from $628.1 million in 2022 to $687.8 million in 2025. Revenue rose about 17% from a year earlier to $395.8 million, but EPS added up to $1.15, about 40% below the $1.92 of the first half of 2025. Q1 2026's $0.45 was the lowest quarter in the table. First Merchants beat EPS estimates in 9 of the last 20 quarters, including five in a row from Q4 2024 to Q4 2025, before two misses in 2026.
First Merchants reported Q3 between October 22 and October 26 in each of the past five years, pointing to late October 2026. The report will show how EPS compares with the $0.98 earned in Q3 2025.
Earnings history
| Period | Reported | EPS estimate | EPS actual | Surprise | Revenue | Filing |
|---|---|---|---|---|---|---|
| Q2 2026 | Jul 22, 2026 | $1.02 | $0.70 | −31.49% | $202.5M | SEC |
| Q1 2026 | Apr 22, 2026 | $0.89 | $0.45 | −49.25% | $193.3M | SEC |
| Q4 2025 | Jan 26, 2026 | $0.95 | $0.99 | +4.21% | $178.4M | SEC |
| Q3 2025 | Oct 22, 2025 | $0.96 | $0.98 | +1.90% | $172.4M | SEC |
| Q2 2025 | Jul 23, 2025 | $0.95 | $0.98 | +3.70% | $170.5M | SEC |
| Q1 2025 | Apr 24, 2025 | $0.91 | $0.94 | +2.92% | $166.5M | SEC |
| Q4 2024 | Jan 30, 2025 | $0.90 | $1.10 | +22.49% | $177.1M | SEC |
| Q3 2024 | Oct 24, 2024 | $0.90 | $0.84 | −6.84% | $156.0M | SEC |
| Q2 2024 | Jul 25, 2024 | $0.78 | $0.68 | −13.04% | $159.9M | SEC |
| Q1 2024 | Apr 25, 2024 | $0.82 | $0.80 | −2.91% | $153.7M | SEC |
| Q4 2023 | Jan 25, 2024 | $0.86 | $0.71 | −17.06% | $156.5M | SEC |
| Q3 2023 | Oct 26, 2023 | $0.95 | $0.94 | −0.53% | $161.2M | SEC |
| Q2 2023 | Jul 25, 2023 | $1.02 | $1.02 | +0.32% | $164.2M | SEC |
| Q1 2023 | Apr 25, 2023 | $1.14 | $1.07 | −6.14% | $169.1M | SEC |
| Q4 2022 | Jan 26, 2023 | $1.16 | $1.19 | +2.30% | $173.1M | SEC |
| Q3 2022 | Oct 25, 2022 | $1.09 | $1.08 | −1.22% | $169.9M | SEC |
| Q2 2022 | Jul 26, 2022 | $0.83 | $0.63 | −23.87% | $156.9M | SEC |
| Q1 2022 | Apr 26, 2022 | $0.87 | $0.91 | +4.20% | $128.2M | SEC |
| Q4 2021 | Jan 27, 2022 | $0.93 | $0.89 | −4.13% | $127.1M | SEC |
| Q3 2021 | Oct 26, 2021 | $0.91 | $0.98 | +7.30% | $133.2M | SEC |
Quarterly revenue
Frequently asked questions
When did First Merchants (FRME) last report earnings?
First Merchants last reported on Jul 22, 2026, covering fiscal Q2 2026.
Did FRME beat earnings estimates?
No. First Merchants reported EPS of $0.70 for Q2 2026 against a $1.02 estimate — a 31.49% miss.
How much revenue did FRME report last quarter?
First Merchants reported $202.5M in revenue for Q2 2026, against a consensus estimate of $202.8M.
Earnings figures may be restated, revised or corrected by the issuer. Past results do not indicate future performance.
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