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FRME / First Merchants: Robust Results Make The 7.7% Yielding Preferred Shares Attractive

First Merchants: Robust Results Make The 7.7% Yielding Preferred Shares Attractive
First Merchants' financial performance in the second quarter showed improvement in net interest income and decreased non-interest expenses. The bank's ability to cover preferred dividends is strong, with less than 1% of net profit needed to cover the payments. The preferred shares have a small issue size and low dividend requirements, making a call in 2025 more likely. Read More
Posted: Aug 9 2023, 12:26
Author Name: Seeking Alpha
Views: 042717

FRME News  

First Merchants Corporation (FRME) Q3 2023 Earnings Call Transcript

By Seeking Alpha
October 26, 2023

First Merchants Corporation (FRME) Q3 2023 Earnings Call Transcript

First Merchants Corporation (NASDAQ:FRME ) Q3 2023 Earnings Conference Call October 26, 2023 11:30 AM ET Company Participants Mark Hardwick - Chief Ex more_horizontal

First Merchants (FRME) Q3 Earnings and Revenues Miss Estimates

By Zacks Investment Research
October 26, 2023

First Merchants (FRME) Q3 Earnings and Revenues Miss Estimates

First Merchants (FRME) came out with quarterly earnings of $0.94 per share, missing the Zacks Consensus Estimate of $0.96 per share. This compares to more_horizontal

First Merchants: Robust Results Make The 7.7% Yielding Preferred Shares Attractive

By Seeking Alpha
August 9, 2023

First Merchants: Robust Results Make The 7.7% Yielding Preferred Shares Attractive

First Merchants' financial performance in the second quarter showed improvement in net interest income and decreased non-interest expenses. The bank's more_horizontal

First Merchants Corporation (FRME) Q2 2023 Earnings Call Transcript

By Seeking Alpha
July 25, 2023

First Merchants Corporation (FRME) Q2 2023 Earnings Call Transcript

First Merchants Corporation (NASDAQ:FRME ) Q2 2023 Earnings Conference Call July 25, 2023 11:30 AM ET Company Participants Mark Hardwick - Chief Execu more_horizontal

Compared to Estimates, First Merchants (FRME) Q2 Earnings: A Look at Key Metrics

By Zacks Investment Research
July 25, 2023

Compared to Estimates, First Merchants (FRME) Q2 Earnings: A Look at Key Metrics

While the top- and bottom-line numbers for First Merchants (FRME) give a sense of how the business performed in the quarter ended June 2023, it could more_horizontal

First Merchants (FRME) Lags Q2 Earnings and Revenue Estimates

By Zacks Investment Research
July 25, 2023

First Merchants (FRME) Lags Q2 Earnings and Revenue Estimates

First Merchants (FRME) came out with quarterly earnings of $1.02 per share, missing the Zacks Consensus Estimate of $1.04 per share. This compares to more_horizontal

First Merchants Corporation: A Stable Bank In An Unstable Market

By Seeking Alpha
May 14, 2023

First Merchants Corporation: A Stable Bank In An Unstable Market

First Merchants Corporation's valuation has become highly attractive since the sell-off in regional banks started after SVB's collapse. The bank has s more_horizontal

First Merchants (FRME) Surges 6.0%: Is This an Indication of Further Gains?

By Zacks Investment Research
March 15, 2023

First Merchants (FRME) Surges 6.0%: Is This an Indication of Further Gains?

First Merchants (FRME) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions f more_horizontal


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