--- title: "First Merchants Pref Share FRMEP 7.5 Perp 08/15/25 | 10-Q: FY2025 Q1 Revenue: USD 222.52 M" type: "News" locale: "en" url: "https://longbridge.com/en/news/238486000.md" datetime: "2025-05-01T20:03:07.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/238486000.md) - [en](https://longbridge.com/en/news/238486000.md) - [zh-HK](https://longbridge.com/zh-HK/news/238486000.md) generator: "portal-rs" --- # First Merchants Pref Share FRMEP 7.5 Perp 08/15/25 | 10-Q: FY2025 Q1 Revenue: USD 222.52 M Revenue: As of FY2025 Q1, the actual value is USD 222.52 M. EPS: As of FY2025 Q1, the actual value is USD 0.94. EBIT: As of FY2025 Q1, the actual value is USD 63.22 M. ### Segment Revenue - **Interest Income**: Total interest income for the three months ended March 31, 2025 was $222,518, compared to $235,900 for the same period in 2024. ### Operational Metrics - **Net Interest Income**: Net interest income for the three months ended March 31, 2025 was $130,270, compared to $127,063 for the same period in 2024. - **Provision for Credit Losses**: Provision for credit losses was $4,200 for the three months ended March 31, 2025, compared to $2,000 for the same period in 2024. - **Net Income**: Net income for the three months ended March 31, 2025 was $55,339, compared to $47,941 for the same period in 2024. ### Cash Flow - **Net Cash Provided by Operating Activities**: Net cash provided by operating activities for the three months ended March 31, 2025 was $61,700, compared to $58,848 for the same period in 2024. - **Net Cash Used by Investing Activities**: Net cash used by investing activities for the three months ended March 31, 2025 was - $160,418, compared to $82,880 provided in 2024. - **Net Cash Provided by Financing Activities**: Net cash provided by financing activities for the three months ended March 31, 2025 was $97,215, compared to - $153,863 used in 2024. ### Unique Metrics - **Nonaccrual Loans**: Nonaccrual loans as of March 31, 2025 totaled $81,922, compared to $73,773 as of December 31, 2024. ### Future Outlook and Strategy - **Loan Modifications**: The Corporation modified loans for borrowers experiencing financial difficulty, including payment delays and term extensions, with a focus on maintaining loan performance. - **Performance Monitoring**: The Corporation closely monitors the performance of modified loans to assess the effectiveness of its strategies. ### Related Stocks - [FRMEP.US](https://longbridge.com/en/quote/FRMEP.US.md) ## Related News & Research - [US listing could put Japan's Kioxia in global AI spotlight, Voya's Thomas says](https://longbridge.com/en/news/298696734.md) - [EXCLUSIVE-White House weighs how to use Defense Production Act to expand US oil refining capacity, sources say](https://longbridge.com/en/news/298755165.md) - [Oil prices set to end week over $100 for first time in nearly 4 months](https://longbridge.com/en/news/298661520.md) - [Waverly Advisors LLC Makes New $4.50 Million Investment in SpaceX $SPCX](https://longbridge.com/en/news/298705863.md) - [Eli Lilly and Company $LLY Shares Purchased by Integrated Wealth Concepts LLC](https://longbridge.com/en/news/298698438.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**