First Merchants (FRME) Earnings Analysis

First Merchants (FRME) next reports earnings on 2026-10-28, consensus EPS 1.07 USD. Last quarter (2026-07-22) it missed with EPS 0.74 USD vs 1.02 USD est (-27.5%). It has beaten estimates in 5/8 recent quarters (63%). Trailing P/E 13.98.

Last updated 2026-07-23 · Source: FMP fundamentals + earnings calendar (company filings); consensus from sell-side analyst grades

When does FRME next report earnings?

Next earnings date2026-10-28
Consensus EPS estimate1.07 USD
Revenue estimate0.21B

FRME earnings history — beats and misses

Quarter (report date)EPS actualEPS est.SurpriseResult
2026-07-220.74 USD1.02 USD-27.5%Miss
2026-04-220.46 USD0.96 USD-52.1%Miss
2026-01-260.98 USD0.96 USD+2.1%Beat
2025-10-220.99 USD0.962 USD+2.9%Beat
2025-07-230.98 USD0.94 USD+4.3%Beat
2025-04-240.94 USD0.91 USD+3.3%Beat
2025-01-301 USD0.9 USD+11.1%Beat
2024-10-240.84 USD0.9 USD-6.7%Miss

Beat rate: 5/8 (63%) over reported quarters with consensus data.

FRME valuation and analyst view

Trailing P/E13.98
Trailing EPS2.972 USD
Price / book1.01
Dividend yield3.31%
Market cap2.76B
Analyst consensusBuy (10 buy / 2 hold / 0 sell)
Avg price target47.5 USD

Related research pages

Frequently asked questions

When is First Merchants (FRME)'s next earnings date?

First Merchants is next scheduled to report on 2026-10-28, with a consensus EPS estimate of 1.07 USD and revenue estimate of 0.21B.

Did FRME beat earnings last quarter?

In its 2026-07-22 report, FRME posted EPS of 0.74 USD versus a 1.02 USD estimate — a miss of 27.5%.

What is FRME's earnings track record?

Over the last 8 reported quarters with consensus data, FRME beat estimates 5 times (63%).

What is FRME's current P/E ratio and EPS?

FRME trades at a trailing P/E of 13.98 on trailing EPS of 2.9719372263240325 USD.

What do analysts rate FRME?

Analyst consensus is "Buy" across 12 ratings (0 strong buy, 10 buy, 2 hold, 0 sell, 0 strong sell). Average 12-month price target: 47.5 USD.