---
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)
---

# 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)

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