First Merchants (FRME) EBIT (2010 - 2026)

First Merchants' (FRME) quarterly EBIT came in at -$117.7 million in Q1 2026, down 31.18% year-on-year from -$171.0 million in Q1 2025, and down 28.07% quarter-over-quarter from -$91.9 million in Q4 2025.

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

First Merchants' EBIT history runs 17 years deep, the most recent figure standing at -$117.7 million for Q1 2026.

  • On a quarterly basis, EBIT fell 31.18% year-over-year to -$117.7 million in Q1 2026; TTM through Mar 2026 was -$390.0 million, a 4.15% decrease from a year earlier, with the FY2025 full-year figure at -$354.9 million, up 7.85% from the prior year.
  • EBIT eased to -$117.7 million in Q1 2026 per FRME's latest filing, from -$91.9 million in the prior quarter.
  • Across five years, EBIT topped out at -$66.6 million in Q1 2022 and bottomed at -$132.0 million in Q4 2023.
  • The 5-year median for EBIT is -$91.9 million (2025), against an average of -$96.0 million.
  • Across the five-year window, EBIT tumbled 108.97% in 2022 and increased 17.7% in 2025, its largest moves.
  • Year by year, EBIT stood at -$110.7 million in 2022, then slipped by 19.21% to -$132.0 million in 2023, then advanced by 15.4% to -$111.7 million in 2024, then increased by 17.7% to -$91.9 million in 2025, then dropped by 28.07% to -$117.7 million in 2026.
  • Per Business Quant, the three latest FRME EBIT figures stand at -$117.7 million (Q1 2026), -$91.9 million (Q4 2025), and -$89.8 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBIT (Qtr)
1 KB Financial 43,124.21 Bn 43,125.44 Bn -775,612.08 1.84 Bn
2 Shinhan Financial 33,971.34 Bn 33,973.00 Bn - 1.45 Bn
3 Bank Of Chile 4,105.33 Bn 4,105.33 Bn 167,623.00 748,885.00
4 NatWest 768.74 Bn 572.78 Bn 1.79 Bn 4.55 Bn
5 Mizuho Financial 385.64 Bn 389.59 Bn - 5.83 Bn
6 Lloyds Banking 358.14 Bn 358.14 Bn - 2.73 Bn
7 First Capital 200.03 Bn 199.69 Bn - 25.35 Mn
8 Landmark Bancorp 187.97 Bn 187.94 Bn - 11.62 Mn
9 Pnc Financial Services 100.96 Bn 101.01 Bn - 4.72 Bn
10 First Merchants 2.62 Bn 2.62 Bn 7.44 Mn -117.71 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -117.71 Mn
Dec 31, 2025 -91.91 Mn
Sep 30, 2025 -89.76 Mn
Jun 30, 2025 -90.66 Mn
Mar 31, 2025 -89.73 Mn
Dec 31, 2024 -111.68 Mn
Sep 30, 2024 -88.10 Mn
Jun 30, 2024 -84.97 Mn
Mar 31, 2024 -89.93 Mn
Dec 31, 2023 -132.02 Mn
Sep 30, 2023 -95.71 Mn
Jun 30, 2023 -86.30 Mn
Mar 31, 2023 -93.88 Mn
Dec 31, 2022 -110.74 Mn
Sep 30, 2022 -98.08 Mn
Jun 30, 2022 -93.55 Mn
Mar 31, 2022 -66.64 Mn
Dec 31, 2021 -52.99 Mn
Sep 30, 2021 -66.81 Mn
Jun 30, 2021 -64.82 Mn