First Merchants (FRME) EBITDA (2010 - 2026)
First Merchants posted quarterly EBITDA of -$118.3 million for Q1 2026, down 36.28% year-on-year from -$185.7 million in Q1 2025, and down 12.44% on a QoQ basis from -$105.2 million in Q4 2025.
First Merchants (FRME) has 17 years of EBITDA data on file, last reported at -$118.3 million in Q1 2026.
- For the quarter ending Q1 2026, EBITDA fell 36.28% year-over-year to -$118.3 million; the trailing twelve-month figure through Mar 2026 stood at -$402.0 million (down 19.12% YoY), and the FY2025 full-year result was -$358.4 million, down 9.51% from the prior year.
- EBITDA for Q1 2026 stood at -$118.3 million, down from -$105.2 million in the prior quarter.
- Across five years, EBITDA topped out at -$62.3 million in Q1 2022 and bottomed at -$125.4 million in Q4 2023.
- The 5-year median for EBITDA is -$87.8 million (2022), against an average of -$90.0 million.
- The widest annual swing landed in 2022, when EBITDA sank 65.34%; it then surged 33.25% in 2024.
- A 5-year view of EBITDA shows it stood at -$87.8 million in 2022, then sank by 42.88% to -$125.4 million in 2023, then soared by 33.25% to -$83.7 million in 2024, then slipped by 25.71% to -$105.2 million in 2025, then retreated by 12.44% to -$118.3 million in 2026.
- The last three EBITDA figures came in at -$118.3 million (Q1 2026), -$105.2 million (Q4 2025), and -$90.6 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of Chile | 90,891.20 Bn | 90,891.20 Bn | - | 748,885.00 |
| 2 | Bank Bradesco | 6,807.69 Bn | 6,791.75 Bn | - | - |
| 3 | Lloyds Banking | 426.28 Bn | 426.28 Bn | - | - |
| 4 | NatWest | 184.56 Bn | 184.56 Bn | - | - |
| 5 | First Capital | 181.18 Bn | 181.03 Bn | - | 8.87 Mn |
| 6 | Landmark Bancorp | 164.67 Bn | 164.64 Bn | - | 11.54 Mn |
| 7 | Deutsche Bank Aktiengesellschaft | 161.63 Bn | -151,939.28 Bn | - | 10.53 Bn |
| 8 | KB Financial | 150.02 Bn | 142.15 Bn | - | 832.74 Mn |
| 9 | Pnc Financial Services | 88.79 Bn | 88.84 Bn | - | 5.09 Bn |
| 10 | First Merchants | 2.44 Bn | 2.44 Bn | -1.01 Mn | -118.34 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -118.34 Mn |
| Dec 31, 2025 | -105.25 Mn |
| Sep 30, 2025 | -90.59 Mn |
| Jun 30, 2025 | -87.84 Mn |
| Mar 31, 2025 | -86.83 Mn |
| Dec 31, 2024 | -83.72 Mn |
| Sep 30, 2024 | -89.17 Mn |
| Jun 30, 2024 | -77.76 Mn |
| Mar 31, 2024 | -91.48 Mn |
| Dec 31, 2023 | -125.42 Mn |
| Sep 30, 2023 | -90.14 Mn |
| Jun 30, 2023 | -80.12 Mn |
| Mar 31, 2023 | -81.54 Mn |
| Dec 31, 2022 | -87.78 Mn |
| Sep 30, 2022 | -85.62 Mn |
| Jun 30, 2022 | -86.83 Mn |
| Mar 31, 2022 | -62.26 Mn |
| Dec 31, 2021 | -66.56 Mn |
| Sep 30, 2021 | -51.78 Mn |
| Jun 30, 2021 | -58.06 Mn |
| Mar 31, 2021 | -61.82 Mn |
| Dec 31, 2020 | -83.25 Mn |
| Sep 30, 2020 | -57.07 Mn |
| Jun 30, 2020 | -53.28 Mn |
| Mar 31, 2020 | -57.30 Mn |
| Dec 31, 2019 | -61.83 Mn |
| Sep 30, 2019 | -64.21 Mn |
| Jun 30, 2019 | -55.88 Mn |
| Mar 31, 2019 | -53.27 Mn |
| Dec 31, 2018 | -66.37 Mn |
| Sep 30, 2018 | -47.14 Mn |
| Jun 30, 2018 | -51.19 Mn |
| Mar 31, 2018 | -50.46 Mn |
| Dec 31, 2017 | -52.87 Mn |
| Sep 30, 2017 | -51.70 Mn |
| Jun 30, 2017 | 42.62 Mn |
| Mar 31, 2017 | 40.40 Mn |
| Dec 31, 2016 | 39.84 Mn |
| Sep 30, 2016 | 38.17 Mn |
| Jun 30, 2016 | 36.71 Mn |
| Mar 31, 2016 | 33.28 Mn |
| Dec 31, 2015 | 27.72 Mn |
| Sep 30, 2015 | 32.54 Mn |
| Jun 30, 2015 | 35.84 Mn |
| Mar 31, 2015 | 30.54 Mn |
| Dec 31, 2014 | 29.11 Mn |
| Sep 30, 2014 | 29.71 Mn |
| Jun 30, 2014 | 28.55 Mn |
| Mar 31, 2014 | 26.09 Mn |
| Dec 31, 2013 | 21.58 Mn |
| Sep 30, 2013 | 18.64 Mn |
| Jun 30, 2013 | 20.72 Mn |
| Mar 31, 2013 | 22.59 Mn |
| Dec 31, 2012 | 20.10 Mn |
| Sep 30, 2012 | 7.11 Mn |
| Jun 30, 2012 | 6.03 Mn |
| Mar 31, 2012 | 29.03 Mn |
| Dec 31, 2011 | 19.43 Mn |
| Sep 30, 2011 | 4.92 Mn |
| Jun 30, 2011 | 4.09 Mn |
| Mar 31, 2011 | 20.53 Mn |
| Dec 31, 2010 | 55.10 Mn |
| Sep 30, 2010 | 5.56 Mn |
| Jun 30, 2010 | 13.94 Mn |