FIRST MERCHANTS CORP (FRME) Earnings History & Surprises
NASDAQ:FRME • US3208171096
36.92 USD
-0.63 (-1.68%)
At close: Mar 9, 2026
36.92 USD
0 (0%)
After Hours: 3/9/2026, 8:06:33 PM
Past quarterly earnings results for FIRST MERCHANTS CORP (FRME), including EPS and revenue actuals, analyst estimates, and surprise percentages. This page focuses on historical performance (not forecasts).
Earnings Snapshot
Next Earnings Date
Release DateApr 22, 2026
PeriodQ1 / 2026
EPS Estimate$0.90
Revenue Estimate192.63M
Last Reported
Release DateJan 26, 2026
PeriodQ4 / 2025
EPS Reported$0.98
EPS Surprise 0.98%
Revenue Surprise -2.50%
Beat Rate
44%
EPS and Revenuebeats vs estimates
Quarterly Earnings Results
EPS & Revenue History (USD)
Actual vs estimated values, surprises, q2q growth and acceleration numbers for recent quarters.
| Quarter | EPS | EPS Est | EPS Surprise | EPS Q2Q | Revenue | Revenue Est | Revenue Surprise | Revenue Q2Q |
|---|---|---|---|---|---|---|---|---|
| Q4 2025 | 0.98 | 0.97 | 0.98% | 28.95% | 172.17M | 176.59M | -2.50% | -2.79% |
| Q3 2025 | 0.98 | 0.98 | 0.05% | 3.16% | 166.142M | 176.14M | -5.68% | 6.52% |
| Q2 2025 | 0.98 | 0.96 | 2.30% | 44.12% | 164.317M | 175.57M | -6.41% | 2.76% |
| Q1 2025 | 0.94 | 0.93 | 0.83% | 10.59% | 160.318M | 174.3M | -8.02% | 4.31% |
| Q4 2024 | 0.76 | 0.92 | -17.32% | -12.64% | 177.112M | 171.2M | 3.45% | 13.17% |
| Q3 2024 | 0.95 | 0.92 | 3.29% | - | 155.976M | 169.66M | -8.07% | -3.26% |
| Q2 2024 | 0.68 | 0.81 | -16.44% | -33.33% | 159.905M | 163.72M | -2.33% | -2.59% |
| Q1 2024 | 0.85 | 0.84 | 1.21% | -20.56% | 153.701M | 165.95M | -7.38% | -9.11% |
| Q4 2023 | 0.87 | 0.89 | -1.73% | -26.89% | 156.507M | 168.79M | -7.28% | -9.64% |
| Q3 2023 | 0.95 | 0.96 | -1.41% | -12.04% | 161.225M | 170.41M | -5.39% | -5.11% |
| Q2 2023 | 1.02 | 1.04 | -1.62% | 20.00% | 164.154M | 176.42M | -6.95% | 4.56% |
| Q1 2023 | 1.07 | 1.16 | -7.91% | 17.58% | 169.1M | 182.12M | -7.15% | 31.90% |
| Q4 2022 | 1.19 | 1.19 | 0.29% | 33.71% | 173.2M | 182.67M | -5.18% | 36.27% |
| Q3 2022 | 1.08 | 1.12 | -3.22% | 10.20% | 169.9M | 175.42M | -3.15% | 27.55% |
| Q2 2022 | 0.85 | 0.82 | 3.37% | -17.48% | 157M | 158.53M | -0.97% | 16.12% |
| Q1 2022 | 0.91 | 0.89 | 2.31% | - | 128.2M | 136.19M | -5.87% | 2.97% |
| Q4 2021 | 0.89 | 0.95 | -6.01% | 7.23% | 127.1M | 139.18M | -8.68% | -2.08% |
| Q3 2021 | 0.98 | 0.93 | 5.20% | 46.27% | 133.2M | 136.59M | -2.48% | 11.84% |
| Q2 2021 | 1.03 | 0.94 | 9.64% | 66.13% | 135.2M | 134.35M | 0.63% | 13.14% |
| Q1 2021 | 0.91 | 0.77 | 17.91% | 46.77% | 124.5M | 132.54M | -6.07% | 0.65% |
| Q4 2020 | 0.83 | 0.67 | 22.98% | - | 129.8M | 125.85M | 3.14% | - |
| Q3 2020 | 0.67 | 0.64 | 4.82% | - | 119.1M | 124.39M | -4.25% | - |
| Q2 2020 | 0.62 | 0.48 | 30.25% | - | 119.5M | 122.68M | -2.59% | - |
| Q1 2020 | 0.62 | 0.63 | -1.43% | - | 123.7M | 123.3M | 0.32% | - |
Notes
- EPS and Revenue values are non-GAAP when available, otherwise GAAP.
- Surprise % is (Actual - Estimate) / |Estimate|. Green indicates positive surprise, red negative.
- Q2Q % is quarter-over-quarter growth. Green indicates growth, red indicates decline.
- Green right border indicates acceleration for sales or earnings growth. Acceleration is the case when the current Q2Q is above the previous Q2Q.
Earnings Q2Q Performance Trends
EPS Historical Q2Q growth and Acceleration
Revenue Historical Q2Q growth and Acceleration
Surprise distribution (Last 4 Quarters)
EPS beat statistics
EPS beat (4)
4
Average EPS beat (4)
1.04%
Max EPS beat (4)
2.30%
Min EPS beat (4)
0.05%
Revenue beat statistics
Revenue beat (4)
0
Average Revenue beat (4)
-5.65%
Max Revenue beat (4)
-2.50%
Min Revenue beat (4)
-8.02%
Analysis
In the last 4 quarters, FRME has consistently beaten EPS estimates in all releases
FRME has not beaten revenue estimates in any of the last 4 earnings releases
In the last 4 quarters, FRME has beaten the EPS estimates by 1.0% on average.
In the last 4 quarters, FRME reported -5.7% below the revenue estimates on average.
FIRST MERCHANTS CORP / FRME Earnings FAQ
Can you provide the last earnings date for FIRST MERCHANTS CORP?
FIRST MERCHANTS CORP (FRME) last reported earnings on 1/26/2026.
Did FRME stock beat earnings estimates in the most recent quarter?
FIRST MERCHANTS CORP (FRME) beat EPS estimates and missed revenue estimates in the most recent quarter.
What percentage of the time does FRME stock beat earnings estimates?
In the last 4 quarters, FIRST MERCHANTS CORP (FRME) has beaten EPS estimates in 4 out of 4 releases.