First Merchants (FRME) EBITDA (2010 - 2026)

First Merchants has reported EBITDA for 17 years, with the latest figure 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.
• The five-year high for EBITDA was -$62.3 million in Q1 2022, with the low at -$125.4 million in Q4 2023.
• Historically, EBITDA has averaged -$90.0 million across 5 years, with a median of -$87.8 million in 2022.
• Annual changes were most pronounced in 2022 — EBITDA tumbled 65.34% — and 2024, when it surged 33.25%.
• First Merchants' EBITDA stood at -$87.8 million in 2022, then slumped by 42.88% to -$125.4 million in 2023, then surged by 33.25% to -$83.7 million in 2024, then decreased by 25.71% to -$105.2 million in 2025, then fell 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.