First Merchants (FRME) EBT Margin (2010 - 2026)
First Merchants' EBT Margin came in at 24.35% for Q2 2026, down 15.28 percentage points from 39.63% a year earlier but up 7.11 percentage points from the prior quarter.
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Analysis
First Merchants (FRME) EBT Margin (2010 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, First Merchants reported EBT Margin of 29.73%, down 10.00 percentage points year-over-year; for FY2025, it was 39.09%, up 3.25 percentage points from FY2024.
- EBT Margin carries a five-year change of +4.54 percentage points (FY2020 to FY2025).
- Going back by year, EBT Margin was 35.83% in FY2024 (-3.99 pp), 39.82% in FY2023 (-0.88 pp), 40.70% in FY2022 (-5.60 pp) and 46.31% in FY2021 (+11.76 pp).
- The five-year range for quarterly EBT Margin is 17.24% (Q1 2026) to 48.18% (Q4 2022).
- Year-over-year, EBT Margin has declined for three consecutive quarters, with an average year-over-year change of -1.84 percentage points over the last eight quarters.
- The fastest year-over-year change in EBT Margin over five years came in Q2 2023 (a gain of 16.28 percentage points), and the weakest in Q1 2026 (a drop of 22.19 percentage points).
- Business Quant data shows FRME's EBT Margin at 17.24% (Q1 2026), 38.04% (Q4 2025) and 39.29% (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 918.91 Bn | 918.91 Bn | - | 40.13% |
| 2 | Banco Santander Chile | 870.35 Bn | 846.93 Bn | - | - |
| 3 | Bank Of America | 358.55 Bn | -2,017.56 Bn | - | 29.93% |
| 4 | Hsbc Holdings | 315.74 Bn | -668.95 Bn | - | - |
| 5 | Morgan Stanley | 290.88 Bn | -253.14 Bn | - | 31.85% |
| 6 | Royal Bank Of Canada | 287.92 Bn | 137.98 Bn | - | 41.80% |
| 7 | Goldman Sachs | 270.57 Bn | -3,472.88 Bn | - | 37.49% |
| 8 | Wells Fargo & Company | 258.79 Bn | 258.79 Bn | - | 32.46% |
| 9 | Mitsubishi Ufj Financial | 247.94 Bn | 129.81 Bn | - | - |
| 10 | First Merchants | 2.56 Bn | 2.56 Bn | - | 39.94% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 39.94% |
| Jun 30, 2026 | 24.35% |
| Mar 31, 2026 | 17.24% |
| Dec 31, 2025 | 38.04% |
| Sep 30, 2025 | 39.29% |
| Jun 30, 2025 | 39.63% |
| Mar 31, 2025 | 39.43% |
| Dec 31, 2024 | 43.26% |
| Sep 30, 2024 | 36.13% |
| Jun 30, 2024 | 27.51% |
| Mar 31, 2024 | 35.63% |
| Dec 31, 2023 | 29.97% |
| Sep 30, 2023 | 40.55% |
| Jun 30, 2023 | 43.59% |
| Mar 31, 2023 | 44.58% |
| Dec 31, 2022 | 48.18% |
| Sep 30, 2022 | 43.28% |
| Jun 30, 2022 | 27.32% |
| Mar 31, 2022 | 43.57% |
| Dec 31, 2021 | 43.02% |
API Access
First Merchants EBT Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ebt-margin&ticker=FRME&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebt-margin", "ticker": "FRME", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=ebt-margin&ticker=FRME&period=max&api_key=YOUR_API_KEY");
const data = await res.json();