NASDAQ$FRME
First Merchants Corporation · Q1 2021 earnings
Q1 2021 earnings · · Investor relations
Briefing
Reported strong first quarter results driven by balance sheet growth and strong financial performance.
First Merchants Corporation reported a strong first quarter with net income of $49.5 million, an increase compared to $34.3 million during the same period in 2020. Earnings per share totaled $0.91, up from $0.62 in the first quarter of 2020. The corporation's loan portfolio increased by $711 million, or 8.3 percent, over the past twelve months. The first quarter results produced a return on assets of 1.39 percent, return on tangible common equity of 15.87 percent and efficiency ratio of 50.23 percent.
- Net income for the first quarter of 2021 was $49.5 million, compared to $34.3 million in 2020.
- Earnings per share increased to $0.91, a 47 percent increase from $0.62 per share in the first quarter of 2020.
- Total assets reached $14.6 billion, and loans totaled $9.3 billion.
- Net-interest income grew to $100.4 million, a 7.0 percent increase compared to the first quarter of 2020.
Headline financials
Revenue & EPS history
First Merchants · Revenue · Quarterly
$125M
Revenue by segment
First Merchants · $105M total across 1 segment · Q3 2021
- Net Interest Income$105M—100.0%
Forward guidance
First Merchants Corporation did not provide any forward guidance in the earnings report.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 19 quarterly earnings reports · overlaid with Q1 2021
+0.1%
Avg return
Earnings day
+0.8%
Avg return
5 days after
+2.3%
Avg return
30 days after
48%
32 / 66 earnings
Positive
+11.2%
Q1 2010
Best reaction
-7.4%
Q1 2023
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q2 2026 | — | — | — | |
| Q1 2026 | -1.6% | -0.1% | -0.6% | |
| Q4 2025 | -0.1% | +4.4% | +8.0% | |
| Q3 2025 | -0.5% | -0.1% | +0.7% | |
| Q2 2025 | -1.7% | -0.1% | +1.2% | |
| Q1 2025 | -1.1% | -2.7% | +1.1% | |
| Q4 2024 | +3.5% | +7.5% | +6.2% | |
| Q3 2024 | -4.3% | -0.6% | +17.9% | |
| Q2 2024 | +4.4% | +2.0% | -3.0% | |
| Q1 2024 | -2.6% | -4.7% | -4.9% | |
| Q4 2023 | -3.0% | -2.6% | -5.1% | |
| Q3 2023 | +1.7% | +3.6% | +17.7% | |
| Q2 2023 | -0.1% | -2.3% | -8.2% | |
| Q1 2023 | -7.4% | -3.0% | -10.6% | |
| Q4 2022 | +1.4% | +6.1% | +2.1% | |
| Q3 2022 | +0.1% | +1.3% | -0.8% | |
| Q2 2022 | +3.7% | +9.8% | +9.3% | |
| Q1 2022 | -3.6% | -6.7% | -3.4% | |
| Q4 2021 | -3.1% | -3.5% | -1.0% | |
| Q3 2021 | -5.1% | -4.1% | -1.5% | |
| Q2 2021 | +0.2% | +1.6% | +3.5% | |
| Q1 2021 | +3.2% | +3.4% | +2.7% | |
| Q4 2020 | -0.8% | +3.8% | +10.8% | |
| Q3 2020 | -1.1% | +0.9% | +31.0% | |
| Q2 2020 | +2.8% | -1.4% | -0.0% | |
| Q1 2020 | +1.4% | +9.5% | -2.3% | |
| Q4 2019 | +0.5% | +3.6% | -11.5% | |
| Q3 2019 | +1.0% | +3.5% | +4.8% | |
| Q2 2019 | -1.0% | -0.1% | -9.3% | |
| Q1 2019 | -3.9% | -4.6% | -10.0% | |
| Q4 2018 | -1.6% | +0.9% | +10.9% | |
| Q3 2018 | +2.2% | +3.6% | +0.1% | |
| Q2 2018 | +3.4% | +0.3% | +2.0% | |
| Q1 2018 | -0.4% | -1.4% | +4.9% | |
| Q4 2017 | +0.6% | -1.1% | -2.6% | |
| Q3 2017 | +1.2% | -0.9% | -5.8% | |
| Q2 2017 | -2.2% | +0.4% | -1.1% | |
| Q1 2017 | -1.7% | -1.3% | -3.2% | |
| Q4 2016 | +3.3% | +2.3% | +11.3% | |
| Q3 2016 | +4.5% | +1.1% | +24.2% | |
| Q2 2016 | +3.2% | +2.2% | +6.3% | |
| Q1 2016 | +4.2% | — | — | |
| Q4 2015 | +6.4% | — | — | |
| Q3 2015 | +3.8% | — | — | |
| Q2 2015 | -1.8% | — | — | |
| Q1 2015 | -1.9% | — | — | |
| Q4 2014 | -3.9% | — | — | |
| Q3 2014 | +1.1% | — | — | |
| Q2 2014 | -1.6% | — | — | |
| Q1 2014 | +0.1% | — | — | |
| Q4 2013 | +0.7% | — | — | |
| Q3 2013 | +3.3% | — | — | |
| Q2 2013 | -0.2% | — | — | |
| Q1 2013 | +7.3% | — | — | |
| Q4 2011 | +0.3% | — | — | |
| Q4 2012 | -0.3% | — | — | |
| Q3 2012 | +0.8% | — | — | |
| Q2 2012 | -1.3% | — | — | |
| Q1 2011 | +0.8% | — | — | |
| Q1 2012 | -1.5% | — | — | |
| Q4 2009 | +1.3% | — | — | |
| Q3 2010 | -5.6% | — | — | |
| Q3 2011 | -5.6% | — | — | |
| Q2 2010 | -2.5% | — | — | |
| Q4 2010 | -2.5% | — | — | |
| Q2 2011 | -2.5% | — | — | |
| Q1 2010 | +11.2% | — | — |
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