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Dec 31, 2021
First Merchants Q4 2021 Earnings Report
First Merchants reported a net income increase in Q4 2021 compared to the same period in 2020.
Key Takeaways
First Merchants Corporation reported a net income of $47.7 million for Q4 2021, an increase from $45.1 million in Q4 2020. Earnings per share also increased to $0.89 from $0.83 in the same period last year. The corporation's total assets reached $15.5 billion by year-end.
Net income for Q4 2021 was $47.7 million, compared to $45.1 million in Q4 2020.
Earnings per share for Q4 2021 totaled $0.89, up from $0.83 in Q4 2020.
Total assets reached $15.5 billion by the end of 2021.
Net charge-offs for the quarter totaled $4.6 million with no provision expense recorded.