First Merchants (FRME) EBT (2010 - 2026)
First Merchants (FRME) reported EBT of $27.1 million for Q1 2026, down 57.15% on a YoY basis from $63.2 million in Q1 2025, and down 58.64% quarter-over-quarter from $65.5 million in Q4 2025.
First Merchants (FRME) EBT (2010 - 2026) Analysis & Trends
First Merchants has reported EBT for 17 years, with the latest figure at $27.1 million in Q1 2026.
- For the quarter ending Q1 2026, EBT fell 57.15% year-over-year to $27.1 million; the trailing twelve-month figure through Mar 2026 stood at $223.0 million (down 7.16% YoY), and the FY2025 full-year result was $259.1 million, up 11.82% from the prior year.
- EBT for Q1 2026 stood at $27.1 million, down from $65.5 million in the prior quarter.
- The five-year high for EBT was $83.4 million in Q4 2022, with the low at $27.1 million in Q1 2026.
- Historically, EBT has averaged $60.8 million across 5 years, with a median of $65.1 million in 2025.
- Annual changes were most pronounced in 2023 — EBT surged 66.93% — and 2026, when it plunged 57.15%.
- First Merchants' EBT stood at $83.4 million in 2022, then plunged by 43.76% to $46.9 million in 2023, then surged by 63.36% to $76.6 million in 2024, then retreated by 14.52% to $65.5 million in 2025, then tumbled by 58.64% to $27.1 million in 2026.
- The last three EBT figures came in at $27.1 million (Q1 2026), $65.5 million (Q4 2025), and $65.3 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT (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 | - | 5.36 Mn |
| 5 | Itau Unibanco Holding | 202.78 Bn | 202.78 Bn | - | - |
| 6 | Landmark Bancorp | 180.37 Bn | 180.34 Bn | - | 6.32 Mn |
| 7 | NatWest | 168.65 Bn | -51.67 Bn | - | 2.74 Bn |
| 8 | Shinhan Financial | 136.54 Bn | 104.11 Bn | - | 1.52 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 | 27.09 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 27.09 Mn |
| Dec 31, 2025 | 65.50 Mn |
| Sep 30, 2025 | 65.28 Mn |
| Jun 30, 2025 | 65.12 Mn |
| Mar 31, 2025 | 63.22 Mn |
| Dec 31, 2024 | 76.62 Mn |
| Sep 30, 2024 | 56.35 Mn |
| Jun 30, 2024 | 43.99 Mn |
| Mar 31, 2024 | 54.77 Mn |
| Dec 31, 2023 | 46.90 Mn |
| Sep 30, 2023 | 65.37 Mn |
| Jun 30, 2023 | 71.56 Mn |
| Mar 31, 2023 | 75.40 Mn |
| Dec 31, 2022 | 83.41 Mn |
| Sep 30, 2022 | 73.55 Mn |
| Jun 30, 2022 | 42.87 Mn |
| Mar 31, 2022 | 55.85 Mn |
| Dec 31, 2021 | 54.68 Mn |
| Sep 30, 2021 | 61.83 Mn |
| Jun 30, 2021 | 65.85 Mn |