First Merchants (FRME) Deferred Taxes (2012 - 2026)
First Merchants (FRME) posted quarterly Deferred Taxes of -$7.6 million for Q2 2026, down 397.77% year-over-year from $2.6 million in Q2 2025, and down 290.95% on a QoQ basis from $4.0 million in Q1 2026.
First Merchants (FRME) Deferred Taxes (2012 - 2026) Analysis & Trends
First Merchants has reported Deferred Taxes for 15 years, with the latest figure at -$7.6 million in Q2 2026.
- Deferred Taxes for Q2 2026 came in at -$7.6 million, down 397.77% year-over-year; the trailing twelve-month figure through Jun 2026 was $779000.0 (up 140.79% YoY), and the FY2025 annual result was $2.2 million, up 36.64% from the prior year.
- Deferred Taxes declined to -$7.6 million in Q2 2026, from $4.0 million in the prior quarter.
- Over five years, Deferred Taxes peaked at $6.4 million in Q4 2022 and troughed at -$7.6 million in Q2 2026.
- A 5-year average of $882722.2 and a median of $927500.0 in 2024 frame the typical range for Deferred Taxes.
- The widest annual swing landed in 2022, when Deferred Taxes soared 1032.56%; it then tumbled 397.77% in 2026.
- A 5-year view of Deferred Taxes shows it stood at $6.4 million in 2022, then slumped by 58.65% to $2.6 million in 2023, then plunged by 156.93% to -$1.5 million in 2024, then surged by 386.84% to $4.3 million in 2025, then slumped by 276.08% to -$7.6 million in 2026.
- Per Business Quant data, the three most recent Deferred Taxes figures were -$7.6 million in Q2 2026, $4.0 million in Q1 2026, and $4.3 million in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Deferred Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Hdfc Bank | 120.66 Bn | 84.46 Bn | - | - |
| 2 | Pnc Financial Services | 97.86 Bn | 97.86 Bn | - | 254.00 Mn |
| 3 | Us Bancorp | 96.39 Bn | 96.39 Bn | - | - |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - | - |
| 5 | NatWest | 74.92 Bn | -144.17 Bn | - | - |
| 6 | Deutsche Bank Aktiengesellschaft | 72.22 Bn | -81.10 Bn | - | - |
| 7 | Nu Holdings | 70.34 Bn | 56.66 Bn | 2.35 Bn | - |
| 8 | Truist Financial | 61.75 Bn | 61.75 Bn | - | - |
| 9 | Fifth Third Bancorp | 49.88 Bn | 26.16 Bn | - | - |
| 10 | First Merchants | 2.62 Bn | 2.62 Bn | 7.27 Mn | -7.60 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -7.60 Mn |
| Mar 31, 2026 | 3.98 Mn |
| Dec 31, 2025 | 4.31 Mn |
| Sep 30, 2025 | 83,000.00 |
| Jun 30, 2025 | -1.53 Mn |
| Mar 31, 2025 | -652,000.00 |
| Dec 31, 2024 | -1.50 Mn |
| Sep 30, 2024 | 1.77 Mn |
| Jun 30, 2024 | 3.62 Mn |
| Mar 31, 2024 | -2.26 Mn |
| Dec 31, 2023 | 2.64 Mn |
| Sep 30, 2023 | 5.39 Mn |
| Jun 30, 2023 | 1.97 Mn |
| Mar 31, 2023 | -3.40 Mn |
| Dec 31, 2022 | 6.39 Mn |
| Sep 30, 2022 | 5.39 Mn |
| Jun 30, 2022 | -1.05 Mn |
| Mar 31, 2022 | -1.67 Mn |
| Dec 31, 2021 | 7.69 Mn |
| Sep 30, 2021 | 476,000.00 |