- First Merchants press release ( NASDAQ: FRME ): Q3 GAAP EPS of $1.08 misses by $0.01 .
- Revenue of $169.93M (+539.6% Y/Y) misses by $2.05M .
- Total assets equaled $17.7 billion as of quarter-end and loans totaled $11.7 billion. Total loans increased $2.6 billion during the past twelve months.
- Total deposits equaled $14.4 billion as of quarter-end and increased by $2.1 billion over the past twelve months.
- Net-interest income totaling $140.3 million for the quarter, continued to grow with an increase of $11.6 million, or 9 percent, over prior quarter, and an increase of $35.6 million, or 34 percent compared to the third quarter of 2021.
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First Merchants GAAP EPS of $1.08 misses by $0.01, revenue of $169.93M misses by $2.05M