First Merchants (FRME) reported Q4 adjusted earnings Thursday of $1 per diluted share, up from $0.90 a year earlier.

Analysts polled by FactSet expected $0.90.

Revenue for the quarter ended Dec. 31, expressed as the sum of net interest income and total noninterest income, was $177.1 million, compared with $156.5 million a year earlier.

Analysts surveyed by FactSet expected $167.8 million.

First Merchants shares were up 2.6% in recent Thursday premarket activity.