NASDAQ$FRME
First Merchants Corporation · Q1 2022 earnings
Q1 2022 earnings · · Investor relations
Briefing
Reported earnings per share for the first quarter of 2022.
First Merchants Corporation reported a net income of $48.6 million and diluted earnings per share of $0.91 for the first quarter of 2022. Total assets reached $15.5 billion, and loans totaled $9.4 billion. The corporation completed the legal closing on the acquisition of Level One Bancorp, LLC on April 1, 2022.
- Net income was $48.6 million and diluted earnings per share totaled $0.91.
- Total loans, excluding PPP loans, grew $165 million or 7.2% on a linked quarter basis.
- Total deposits grew $173.4 million or 5.4% on a linked quarter basis.
- Completed legal closing on the acquisition of Level One Bancorp, LLC on April 1, 2022.
Headline financials
Revenue & EPS history
First Merchants · Revenue · Quarterly
$128M
Revenue by segment
First Merchants · $105M total across 1 segment · Q3 2021
- Net Interest Income$105M—100.0%
Forward guidance
The Bank’s loan, deposit and earnings growth were in line with expectations and colleagues are focused on delivering the aspirational 2022 plan.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q1 2022
+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 |
|---|---|---|---|---|
| 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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