First Merchants (FRME) Consolidated Net Income (2009 - 2026)
First Merchants (FRME) recorded Consolidated Net Income of $43.98 million in Q2 2026, down 22.6% from $56.83 million a year earlier but up 56.2% from the prior quarter.
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Analysis
First Merchants (FRME) Consolidated Net Income (2009 - 2026) Analysis & Trends
On a TTM basis, First Merchants' Consolidated Net Income came in at $185.97 million as of Jun 30, 2026, down 17.6% year-over-year; for FY2025, it was $226 million, up 12.2% from FY2024.
- Annual Consolidated Net Income has a five-year compound annual growth rate of 8.7% (FY2020 to FY2025).
- Across earlier years, Consolidated Net Income came in at $201.4 million in FY2024 (-10.0%), $223.79 million in FY2023 (+0.8%), $222.09 million in FY2022 (+8.1%) and $205.53 million in FY2021 (+38.3%).
- Quarterly Consolidated Net Income has ranged from $28.16 million in Q1 2026 to $70.76 million in Q4 2022 over the past five years.
- On a year-over-year basis, Consolidated Net Income has declined for three consecutive quarters, with growth averaging 3.6% over the last eight quarters.
- Peak year-over-year performance for Consolidated Net Income in the last five years was growth of 56.1% in Q2 2023, against a decline of 49.1% in Q1 2026 at the low end.
- Per Business Quant, the preceding three quarters came in at $28.16 million (Q1 2026), $57.07 million (Q4 2025) and $56.77 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Consol Net Inc. (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 909.02 Bn | 886.77 Bn | - | 15.31 Bn |
| 2 | Banco Santander Chile | 406.67 Bn | -7,110.43 Bn | - | 40.42 Bn |
| 3 | Bank Of America | 350.91 Bn | -2,025.20 Bn | - | 930,000.00 |
| 4 | Hsbc Holdings | 308.71 Bn | -2,966.46 Bn | - | 7.57 Bn |
| 5 | Morgan Stanley | 293.66 Bn | -249.15 Bn | - | 4.97 Bn |
| 6 | Royal Bank Of Canada | 283.56 Bn | -546.44 Bn | - | 4.32 Bn |
| 7 | Goldman Sachs | 262.71 Bn | -3,480.74 Bn | - | 5.29 Bn |
| 8 | Wells Fargo & Company | 257.44 Bn | 92.87 Bn | - | 5.94 Bn |
| 9 | Mitsubishi Ufj Financial | 256.82 Bn | -75.42 Bn | 10.89 Bn | 5.31 Bn |
| 10 | First Merchants | 256.31 Mn | 256.31 Mn | - | 68.32 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 68.32 Mn |
| Jun 30, 2026 | 43.98 Mn |
| Mar 31, 2026 | 28.16 Mn |
| Dec 31, 2025 | 57.07 Mn |
| Sep 30, 2025 | 56.77 Mn |
| Jun 30, 2025 | 56.83 Mn |
| Mar 31, 2025 | 55.34 Mn |
| Dec 31, 2024 | 64.35 Mn |
| Sep 30, 2024 | 49.19 Mn |
| Jun 30, 2024 | 39.93 Mn |
| Mar 31, 2024 | 47.94 Mn |
| Dec 31, 2023 | 42.48 Mn |
| Sep 30, 2023 | 56.37 Mn |
| Jun 30, 2023 | 60.86 Mn |
| Mar 31, 2023 | 64.08 Mn |
| Dec 31, 2022 | 70.76 Mn |
| Sep 30, 2022 | 63.75 Mn |
| Jun 30, 2022 | 38.99 Mn |
| Mar 31, 2022 | 48.59 Mn |
| Dec 31, 2021 | 185.81 Mn |
API Access
First Merchants Consolidated Net Income API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=consolidated-net-income&ticker=FRME&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "consolidated-net-income", "ticker": "FRME", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=consolidated-net-income&ticker=FRME&period=max&api_key=YOUR_API_KEY");
const data = await res.json();