First Merchants Corporation Announces Third Quarter 2017 Results
Muncie, IN—First Merchants Corporation (NASDAQ – FRME) reported record third quarter 2017 net income of $24.4 million, compared to $21.1 million during the third quarter of 2016. Earnings per share for the period totaled $.50 per share, which included $.11 per share of acquisition expenses, compared to $.51 during the same period in 2016. The acquisition expenses in the quarter totaled $7.9 million and were primarily related to the July 14, 2017 acquisition of Independent Alliance Banks, Inc. Year-to-date net…
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