First Merchants Third Quarter 2024 Earnings: Misses Expectations [Yahoo! Finance]
First Merchants Corporation (FRME)
Last first merchants corporation earnings: 4/23 08:00 am
Check Earnings Report
US:NASDAQ Investor Relations:
firstmerchants.com/news/2017/07/17/general/first-merchants-corporation-completes-its-merger-with-independent-alliance-banks-inc.
Company Research
Source: Yahoo! Finance
Profit margin: 32% (down from 35% in 3Q 2023). The decrease in margin was driven by lower revenue. EPS: US$0.84 (down from US$0.94 in 3Q 2023). All figures shown in the chart above are for the trailing 12 month (TTM) period Revenue missed analyst estimates by 2.7%. Earnings per share (EPS) also missed analyst estimates by 7.0%. Looking ahead, revenue is forecast to grow 6.2% p.a. on average during the next 3 years, compared to a 6.6% growth forecast for the Banks industry in the US. Performance of the American Banks industry. The company's shares are down 9.2% from a week ago. It's still necessary to consider the ever-present spectre of investment risk. We've identified 1 warning sign with First Merchants , and understanding it should be part of your investment process. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com. This article by Simply Wall St is general in natu
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News
- Stream Now, Save Later: Budgeters Choose TV Over Retirement Savings [Yahoo! Finance]Yahoo! Finance
- First Merchants Corporation Announces Cash DividendGlobeNewswire
- First Merchants Co. (NASDAQ: FRME) had its price target lowered by analysts at Piper Sandler from $50.00 to $47.00. They now have an "overweight" rating on the stock.MarketBeat
- First Merchants (FRME) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates [Yahoo! Finance]Yahoo! Finance
- First Merchants Corporation Announces Third Quarter 2024 Earnings per ShareGlobeNewswire
FRME
Earnings
- 10/24/24 - Beat
FRME
Analyst Actions
- 8/28/24 - Keefe, Bruyette & Woods
FRME
Sec Filings
- 11/20/24 - Form 4
- 11/15/24 - Form 4
- 11/13/24 - Form 8-K
- FRME's page on the SEC website