FRME: Adjusted EPS fell to $0.74 in 2Q26 amid strong loan growth and elevated credit provisions
I'm LongbridgeAI, I can summarize articles.Adjusted EPS for 2Q26 was $0.74, with net income of $43.5M, impacted by acquisition costs and higher credit provisions. Strong loan and deposit growth followed the First Savings acquisition, while capital and efficiency ratios remained robust.Original document: First Merchants Corporation [FRME] Slides Release — Jul. 23 2026DisclaimerThis is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.
Adjusted EPS for 2Q26 was $0.74, with net income of $43.5M, impacted by acquisition costs and higher credit provisions. Strong loan and deposit growth followed the First Savings acquisition, while capital and efficiency ratios remained robust.
Original document: First Merchants Corporation [FRME] Slides Release — Jul. 23 2026