earnings
confidence high
sentiment positive
materiality 0.75
First Merchants Q2 diluted EPS $0.98 vs $0.68 YoY; loans up 9.1% annualized
FIRST MERCHANTS CORP
2025-Q2 EPS reported
$1.92
- Diluted EPS $0.98 in Q2 2025 vs $0.68 YoY and $0.94 linked quarter; net income $56.4M.
- Net interest income $133.0M (+2.1% linked quarter); NIM 3.25% (+9 bps YoY).
- Loans grew $297.6M (9.1% annualized) linked quarter; deposits increased $335.6M (9.3% annualized).
- Nonperforming assets to total assets improved to 0.36% from 0.47% linked quarter.
- Repurchased 582,486 shares for $22.1M in Q2; year-to-date 818,480 shares for $31.7M.
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