First Merchants (NASDAQ:FRME) reported quarterly earnings of $0.74 per share which missed the analyst consensus estimate of $1.03 by 28.16 percent. This is a 24.49 percent decrease over earnings of $0.98 per share from the same period last year. The company reported quarterly sales of $196.097 million which missed the analyst consensus estimate of $202.780 million by 3.30 percent. This is a 19.34 percent increase over sales of $164.317 million the same period last year.

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