First Merchants (FRME) EBIT (2010 - 2026)
First Merchants' EBIT was $149.65 million in Q2 2026, down 7.5% from $161.84 million a year earlier but up 20.3% from the prior quarter.
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Analysis
First Merchants (FRME) EBIT (2010 - 2026) Analysis & Trends
On a trailing twelve-month basis, First Merchants' EBIT was $604.59 million through Jun 30, 2026, down 8.5% year-over-year; for FY2025, it was $647.89 million, down 1.6% from FY2024.
- EBIT shows a five-year compound annual growth rate of 22.3% (FY2020 to FY2025).
- In earlier years, EBIT was $658.62 million in FY2024 (+8.4%), $607.72 million in FY2023 (+78.5%), $340.48 million in FY2022 (+23.0%) and $276.74 million in FY2021 (+17.1%).
- Quarterly EBIT has moved between $55.36 million (Q2 2022) and $176.9 million (Q4 2024) over five years.
- Compared with a year earlier, EBIT has declined for three straight quarters, with an average decline of 1.9% over the last eight quarters.
- The best year-over-year quarter for EBIT over five years was Q2 2023 (growth of 180.2%); the worst was Q2 2022 (a decline of 26.1%).
- Per Business Quant data, FRME's EBIT in the three quarters before Q2 2026 was $124.35 million (Q1 2026), $163.88 million (Q4 2025) and $166.71 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 890.60 Bn | 920.07 Bn | - | 52.63 Bn |
| 2 | Banco Santander Chile | 421.74 Bn | 541.68 Bn | - | -1,140.26 Bn |
| 3 | Bank Of America | 385.85 Bn | -1,990.22 Bn | - | 29.40 Bn |
| 4 | Hsbc Holdings | 345.94 Bn | 345.99 Bn | - | - |
| 5 | Morgan Stanley | 303.15 Bn | -205.95 Bn | - | 20.47 Bn |
| 6 | Royal Bank Of Canada | 279.82 Bn | 130.57 Bn | - | 18.35 Bn |
| 7 | Mitsubishi Ufj Financial | 274.62 Bn | -1,313.87 Bn | 10.89 Bn | 5.11 Bn |
| 8 | Goldman Sachs | 267.07 Bn | -3,290.04 Bn | - | 26.66 Bn |
| 9 | Wells Fargo & Company | 243.79 Bn | 245.93 Bn | - | 19.01 Bn |
| 10 | First Merchants | 2.49 Bn | 2.49 Bn | - | 149.65 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 149.65 Mn |
| Mar 31, 2026 | 124.35 Mn |
| Dec 31, 2025 | 163.88 Mn |
| Sep 30, 2025 | 166.71 Mn |
| Jun 30, 2025 | 161.84 Mn |
| Mar 31, 2025 | 155.46 Mn |
| Dec 31, 2024 | 176.90 Mn |
| Sep 30, 2024 | 166.32 Mn |
| Jun 30, 2024 | 151.80 Mn |
| Mar 31, 2024 | 163.60 Mn |
| Dec 31, 2023 | 153.83 Mn |
| Sep 30, 2023 | 161.12 Mn |
| Jun 30, 2023 | 155.09 Mn |
| Mar 31, 2023 | 137.68 Mn |
| Dec 31, 2022 | 125.43 Mn |
| Sep 30, 2022 | 96.58 Mn |
| Jun 30, 2022 | 55.36 Mn |
| Mar 31, 2022 | 63.11 Mn |
| Dec 31, 2021 | 63.40 Mn |
| Sep 30, 2021 | 70.67 Mn |
API Access
First Merchants EBIT 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=ebit&ticker=FRME&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebit", "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=ebit&ticker=FRME&period=max&api_key=YOUR_API_KEY");
const data = await res.json();