First Merchants Corporation Announces 2021 Record Results
By First Merchants— MUNCIE, Ind.—First Merchants Corporation (NASDAQ – FRME) has reported fourth quarter 2021 net income of $47.7 million compared to $45.1 million during the same period in 2020. Earnings per share for the period totaled $.89 per share compared to the fourth quarter 2020 result of $.83 per share. Net income for the year ended December 31, 2021 totaled $205.5 million, compared to $148.6 million during the same period in 2020. Year-to-date earnings per share totaled $3.81 compared to $2.74 in 2020. Total assets equaled $15.5 billion as of year-end and loans totaled $9.3 billion. The Corporation experienced…
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