When did First Merchants Corporation report Q4 2024 earnings?

First Merchants Corporation (FRME) reported Q4 2024 earnings on January 30, 2025 before market open.

What were First Merchants Corporation's Q4 2024 revenue and EPS?

First Merchants Corporation reported revenue of $157.1M and eps of $1.00 for Q4 2024.

Did First Merchants Corporation beat estimates in Q4 2024?

Revenue missed the consensus estimate of $167.0M by $9.9M. EPS beat the consensus estimate of $0.90 by $0.10.

Where can I find First Merchants Corporation's Q4 2024 SEC filings?

You can read the 10-K periodic report (0000712534-25-000058) directly on SEC EDGAR. The filing index links above go to sec.gov.

First Merchants Corporation FRME Q4 2024 Annual earnings

Reported January 30, 2025 · Before market open

Revenue$157.1MMiss by $9.9M

EPS$1.00Beat by $0.10

Revenue estimate$167.0M

EPS estimate$0.90

Next report

Oct 28, 2026 (in 3 months)

Revenue estimate$204.0M

EPS estimate$1.03

Financials

Q4 2024

Income statement

See full

Revenue$177.1M+13.2%

Net income$64.3M+51.5%

EPS (diluted)$1.10+57.1%

Balance sheet

See full

Cash & equivalents$87.6M-22.2%

Total debt$1.2B+12.5%

Total equity$2.3B+2.5%

Total assets$18.3B-0.5%

Cash flow

See full

Operating cash flow$67.5M+2.9%

Valuation & ratios

Valuation

as of 12/31/24

See full

Market cap$2.34B+5.5%

Enterprise value$3.43B+8.8%

P/E11.6×+1.7×

P/S3.6×+0.2×

Profitability

See full

Net margin31.1%-3.2pp

Returns & leverage

See full

Return on equity8.8%-1.6pp

Debt / equity0.5×0.0×

Segments

By product

See full

Fiduciary and wealth management fees$8.7M+5.8%

Service charges on deposit accounts$8.1M+5.6%

Card payment fees$5.0M+11.7%

Derivative hedge fees$1.6M+52.0%

Other customer fees$316.0K+33.3%

Versus estimates

Revenue

Q2 2026$202.5MMiss by $292.2K Q1 2026$193.3MBeat by $4.9M Q4 2025$178.4MBeat by $5.1M Q3 2025$166.1MMiss by $6.3M Q2 2025$164.3MMiss by $8.5M Q1 2025$160.3MMiss by $10.6M

Diluted EPS

Q2 2026$0.74Miss by $0.28 Q1 2026$1.03Beat by $0.07 Q4 2025$0.98Beat by $0.02 Q3 2025$0.99Beat by $0.03 Q2 2025$0.98Beat by $0.04 Q1 2025$0.94Beat by $0.03

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Questions, answered.

When did First Merchants Corporation report Q4 2024 earnings?: First Merchants Corporation (FRME) reported Q4 2024 earnings on January 30, 2025 before market open.
What were First Merchants Corporation's Q4 2024 revenue and EPS?: First Merchants Corporation reported revenue of $157.1M and eps of $1.00 for Q4 2024.
Did First Merchants Corporation beat estimates in Q4 2024?: Revenue missed the consensus estimate of $167.0M by $9.9M. EPS beat the consensus estimate of $0.90 by $0.10.
Where can I find First Merchants Corporation's Q4 2024 SEC filings?: You can read the 10-K periodic report (0000712534-25-000058) directly on SEC EDGAR. The filing index links above go to sec.gov.