First Merchants (FRME) reported Q1 adjusted earnings Thursday of $0.94 per diluted share, up from $0.85 a year earlier.
Analysts polled by FactSet expected $0.91.
Revenue for the quarter ended March 31, expressed as the sum of net interest income and total noninterest income, was $160.3 million, compared with $153.7 million a year earlier.
Shares of the company fell 4.8% in recent premarket activity.
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