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First Merchants (First Merchants) Earnings per Share (Diluted) : $3.74 (TTM As of Dec. 2023)


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What is First Merchants Earnings per Share (Diluted)?

First Merchants's Earnings per Share (Diluted) for the three months ended in Dec. 2023 was $0.71. Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 was $3.74.

First Merchants's EPS (Basic) for the three months ended in Dec. 2023 was $0.71. Its EPS (Basic) for the trailing twelve months (TTM) ended in Dec. 2023 was $3.75.

First Merchants's EPS without NRI for the three months ended in Dec. 2023 was $0.87. Its EPS without NRI for the trailing twelve months (TTM) ended in Dec. 2023 was $3.90.

During the past 12 months, First Merchants's average EPS without NRIGrowth Rate was -7.40% per year. During the past 3 years, the average EPS without NRIGrowth Rate was 238.80% per year. During the past 5 years, the average EPS without NRI Growth Rate was 16.30% per year. During the past 10 years, the average EPS without NRI Growth Rate was 5.20% per year.

During the past 13 years, First Merchants's highest 3-Year average EPS without NRI Growth Rate was 238.80% per year. The lowest was -63.90% per year. And the median was 7.70% per year.


First Merchants Earnings per Share (Diluted) Historical Data

The historical data trend for First Merchants's Earnings per Share (Diluted) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

First Merchants Earnings per Share (Diluted) Chart

First Merchants Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Earnings per Share (Diluted)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.19 2.74 3.81 3.81 3.73

First Merchants Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Earnings per Share (Diluted) Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.19 1.07 1.02 0.94 0.71

Competitive Comparison of First Merchants's Earnings per Share (Diluted)

For the Banks - Regional subindustry, First Merchants's PE Ratio, along with its competitors' market caps and PE Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


First Merchants's PE Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, First Merchants's PE Ratio distribution charts can be found below:

* The bar in red indicates where First Merchants's PE Ratio falls into.



First Merchants Earnings per Share (Diluted) Calculation

Earnings Per Share (EPS) is the amount of earnings per outstanding share of the company's stock. In calculating earnings per share, the dividends of preferred stocks need to subtracted from the total net income first.

First Merchants's Earnings Per Share (Diluted) for the fiscal year that ended in Dec. 2023 is calculated as

Diluted Earnings Per Share (A: Dec. 2023 ) = (Net Income - Preferred Dividends) / Shares Outstanding (Diluted Average)
=(223.786-1.875)/59.489
=3.73

First Merchants's Earnings Per Share (Diluted) for the quarter that ended in Dec. 2023 is calculated as

Diluted Earnings Per Share (Q: Dec. 2023 )=(Net Income - Preferred Dividends / Shares Outstanding (Diluted Average)
=(42.479-0.469)/59.558
=0.71

Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $3.74

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Companies also reported diluted shares in their financial reports. Diluted shares include the shares of convertibles or warrants outstanding.


First Merchants  (NAS:FRME) Earnings per Share (Diluted) Explanation

Earnings Per Share (EPS) is the single most important variable used by Wall Street in determining the earnings power of a company. But investors need to be aware that Earnings per Share can be easily manipulated by adjusting depreciation and amortization rate or non-recurring items. That's why GuruFocus lists EPS without NRI, which better reflects the company's underlying performance.


Be Aware

Compared with Earnings per share, a company's cash flow is better indicator of the company's earnings power.

If a company's earnings per share is less than cash flow per share over long term, investors need to be cautious and find out why.


First Merchants Earnings per Share (Diluted) Related Terms

Thank you for viewing the detailed overview of First Merchants's Earnings per Share (Diluted) provided by GuruFocus.com. Please click on the following links to see related term pages.


First Merchants (First Merchants) Business Description

Traded in Other Exchanges
Address
200 East Jackson Street, P.O. Box 792, Muncie, IN, USA, 47305-2814
First Merchants Corp, through its subsidiaries, provides its customers with financial services delivered locally by bankers. It offers personal banking, business banking, real estate mortgage lending, cash management services, brokerage, wealth management, and insurance. The company reports in only one segment that is community banking.
Executives
Michael C Rechin officer: Executive Vice President, other: Chief Operating Officer 13831 COLDWATER DRIVE, CARMEL IN 46032
Michael J Fisher director 200 EAST JACKSON STREET, MUNCIE IN 47305
Jason R Sondhi director 200 E JACKSON ST, MUNCIE IN 47305
Gary Lehman director 200 EAST JACKSON STREET, MUNCIE IN 47305
Mung Chiang director 200 E JACKSON ST, MUNCIE IN 47305
Stephan Fluhler officer: Chief Information Officer, other: Senior Vice President 200 EAST JACKSON STREET, MUNCIE IN 47305
Charles E Schalliol director 300 NORTH MERIDIAN STREET, SUITE 950, INDIANAPOLIS IN 46204
Kevin D Johnson director 200 E JACKSON ST, MUNCIE IN 47305
Patrick J. Fehring director 32991 HAMILTON COURT, FARMINGTON HILLS MI 48334
Patrick A Sherman director 609 TREYBOURNE DRIVE, SUITE A, GREENWOOD IN 46142
Chad Kimball officer: Chief Risk Officer 200 EAST JACKSON STREET, MUNCIE IN 47305
Mark K Hardwick officer: Senior Vice President, other: Chief Financial Officer POST OFFICE BOX 792, MUNICE IN 47308-0792
Michael R Becher director 200 E. JACKSON ST., MUNCIE IN 47305
Michael C Marhenke director 200 EAST JACKSON ST, MUNCIE IN 47305
William L Hoy director 200 EAST JACKSON STREET, MUNCIE IN 47305

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