First Merchants (FRME) EBT (2010 - 2026)
First Merchants (FRME) posted quarterly EBT of $47.8 million for Q2 2026, down 26.67% year-over-year from $65.1 million in Q2 2025, and up 76.28% on a QoQ basis from $27.1 million in Q1 2026.
First Merchants (FRME) EBT (2010 - 2026) Analysis & Trends
First Merchants has reported EBT for 17 years, with the latest figure at $47.8 million in Q2 2026.
- EBT for Q2 2026 came in at $47.8 million, down 26.67% year-over-year; the trailing twelve-month figure through Jun 2026 was $205.6 million (down 21.31% YoY), and the FY2025 annual result was $259.1 million, up 11.82% from the prior year.
- EBT advanced to $47.8 million in Q2 2026, from $27.1 million in the prior quarter.
- Over five years, EBT peaked at $83.4 million in Q4 2022 and troughed at $27.1 million in Q1 2026.
- A 5-year average of $60.0 million and a median of $64.2 million in 2025 frame the typical range for EBT.
- The widest annual swing landed in 2023, when EBT surged 66.93%; it then tumbled 57.15% in 2026.
- A 5-year view of EBT shows it stood at $83.4 million in 2022, then slumped 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 decreased by 27.1% to $47.8 million in 2026.
- Per Business Quant data, the three most recent EBT figures were $47.8 million in Q2 2026, $27.1 million in Q1 2026, and $65.5 million in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT (Qtr) |
|---|---|---|---|---|---|
| 1 | Hdfc Bank | 119.58 Bn | 83.39 Bn | - | - |
| 2 | Pnc Financial Services | 97.75 Bn | 97.75 Bn | - | 2.59 Bn |
| 3 | Us Bancorp | 96.33 Bn | 96.33 Bn | - | 2.72 Bn |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - | 3.04 Bn |
| 5 | NatWest | 73.86 Bn | -145.23 Bn | - | 3.07 Bn |
| 6 | Deutsche Bank Aktiengesellschaft | 71.72 Bn | -81.60 Bn | - | 3.91 Bn |
| 7 | Nu Holdings | 68.51 Bn | 54.82 Bn | 2.35 Bn | 1.24 Bn |
| 8 | Truist Financial | 61.69 Bn | 61.69 Bn | - | 1.82 Bn |
| 9 | Fifth Third Bancorp | 49.73 Bn | 26.00 Bn | - | 1.04 Bn |
| 10 | First Merchants | 2.61 Bn | 2.61 Bn | 7.27 Mn | 47.75 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 47.75 Mn |
| 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 |