First Merchants (FRME) EBIT (2010 - 2026)

First Merchants (FRME) reported EBIT of -$126.2 million for Q1 2026, down 34.43% on a YoY basis from -$192.4 million in Q1 2025, and down 11.71% quarter-over-quarter from -$112.9 million in Q4 2025.

First Merchants (FRME) EBIT (2010 - 2026) Analysis & Trends

First Merchants has reported EBIT for 17 years, with the latest figure at -$126.2 million in Q1 2026.

  • For the quarter ending Q1 2026, EBIT fell 34.43% year-over-year to -$126.2 million; the trailing twelve-month figure through Mar 2026 stood at -$431.4 million (down 18.18% YoY), and the FY2025 full-year result was -$387.0 million, down 9.3% from the prior year.
  • EBIT for Q1 2026 stood at -$126.2 million, down from -$112.9 million in the prior quarter.
  • The five-year high for EBIT was -$67.3 million in Q1 2022, with the low at -$131.5 million in Q4 2023.
  • Historically, EBIT has averaged -$96.6 million across 5 years, with a median of -$93.9 million in 2022.
  • Annual changes were most pronounced in 2022 — EBIT tumbled 48.71% — and 2024, when it surged 31.0%.
  • First Merchants' EBIT stood at -$93.9 million in 2022, then slumped by 40.03% to -$131.5 million in 2023, then surged by 31.0% to -$90.7 million in 2024, then slipped by 24.44% to -$112.9 million in 2025, then slipped by 11.71% to -$126.2 million in 2026.
  • The last three EBIT figures came in at -$126.2 million (Q1 2026), -$112.9 million (Q4 2025), and -$97.6 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBIT (Qtr)
1 Bank Of Chile 97,765.53 Bn 97,765.53 Bn - 346,782.00
2 Bank Bradesco 6,846.93 Bn 6,830.99 Bn - -
3 Lloyds Banking 384.13 Bn 384.40 Bn - 2.73 Bn
4 First Capital 215.78 Bn 215.63 Bn - 8.87 Mn
5 Itau Unibanco Holding 202.78 Bn 202.78 Bn - -
6 Landmark Bancorp 180.37 Bn 180.34 Bn - 11.54 Mn
7 NatWest 168.65 Bn -51.67 Bn - 2.74 Bn
8 Shinhan Financial 136.54 Bn 104.11 Bn - 1.47 Bn
9 Mizuho Financial 112.02 Bn 112.56 Bn - 1.91 Bn
10 First Merchants 2.55 Bn 2.55 Bn -1.01 Mn -126.15 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -126.15 Mn
Dec 31, 2025 -112.93 Mn
Sep 30, 2025 -97.58 Mn
Jun 30, 2025 -94.76 Mn
Mar 31, 2025 -93.84 Mn
Dec 31, 2024 -90.75 Mn
Sep 30, 2024 -96.12 Mn
Jun 30, 2024 -84.36 Mn
Mar 31, 2024 -97.71 Mn
Dec 31, 2023 -131.52 Mn
Sep 30, 2023 -95.84 Mn
Jun 30, 2023 -86.30 Mn
Mar 31, 2023 -87.67 Mn
Dec 31, 2022 -93.92 Mn
Sep 30, 2022 -91.61 Mn
Jun 30, 2022 -93.55 Mn
Mar 31, 2022 -67.34 Mn
Dec 31, 2021 -71.56 Mn
Sep 30, 2021 -66.81 Mn
Jun 30, 2021 -62.91 Mn