First Merchants Q1 revenue rises 16.1% to $193.3 million, beating estimates

Yahoo Finance··Read original
2▲3 ▼1Impact / 5
Summary · why it matters

First Merchants reported first-quarter revenues of $193.3 million, a 16.1% increase from a year earlier and 2.5% above analyst expectations. The regional bank also beat earnings-per-share estimates, though net interest income was in line with forecasts. Among the 91 regional banks tracked, UMB Financial posted the strongest quarter with revenues of $744.8 million, up 29.3% and exceeding estimates by 5.4%, while BankUnited was the weakest, with revenues of $273.8 million missing estimates by 5.1%. Stellar Bancorp and Seacoast Banking also reported results, with Stellar beating on revenue, net interest income, and EPS, and Seacoast meeting revenue expectations but missing on tangible book value per share. Overall, the group's revenues were in line with consensus, and share prices have risen an average of 7.8% since the latest earnings.

Impact on assets 5

Financials± Mixed · 5 stocks
BankUnited Inc
BKU
▼ NegativeCapitalrelevance

BankUnited reported revenues missing estimates by 5.1%, the weakest among tracked banks.

© 2026 MarketIVNews