First Merchants Corp (NAS:FRME)
$ 42.94 0.24 (0.56%) Market Cap: 2.52 Bil Enterprise Value: 3.03 Bil PE Ratio: 14.17 PB Ratio: 1.10 GF Score: 76/100
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Q3 2019 First Merchants Corp Earnings Call Transcript

Oct 24, 2019 / 06:30PM GMT
Release Date Price: $37.97 (-2.24%)
Operator

Good day, and welcome to the First Merchant Corporation Third Quarter Earnings Conference Call. (Operator Instructions) Please note that this event is being recorded.

I would now like to turn the conference over to Michael Rechin, President and CEO. Please go ahead, sir.

Michael C. Rechin
First Merchants Corporation - President, CEO & Director

Thank you, Chuck, and welcome to our earnings conference call and webcast for the third quarter ending September 30, 2019. Joining me today are Mark Hardwick, our Chief Financial Officer and Chief Operating Officer; and John Martin, our Chief Credit Officer.

First Merchants released our earnings in a press release this morning at approximately 8:00 Eastern Time, and our presentation speaks to material from that release. The directions that point to the webcast were also contained at the back end of the release, and my comments begin on Page 4, a slide titled, Third Quarter 2019 Highlights.

So our quarter's signature event was the legal closing and the acquisition of Monroe Bank &

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