First Merchants (FRME) Gross Margin (2017 - 2026)
First Merchants posted quarterly Gross Margin of 169.98% for Q1 2026, up 5604.0% year-on-year from 2.98% in Q1 2025, and down 240.51% on a QoQ basis from 120.97% in Q4 2025.
First Merchants (FRME) has 10 years of Gross Margin data on file, last reported at 169.98% in Q1 2026.
- For the quarter ending Q1 2026, Gross Margin rose 5604.0% year-over-year to 169.98%; the trailing twelve-month figure through Mar 2026 stood at 193.96% (up 13656.0% YoY), and the FY2025 full-year result was 130.25%, down 20759.0% from the prior year.
- Gross Margin for Q1 2026 stood at 169.98%, down from 120.97% in the prior quarter.
- Across five years, Gross Margin topped out at 395.88% in Q4 2022 and bottomed at 516.93% in Q3 2023.
- The 5-year median for Gross Margin is 68.22% (2024), against an average of 34.67%.
- The widest annual swing landed in 2022, when Gross Margin jumped 36350 bps; it then sank 58342 bps in 2023.
- A 5-year view of Gross Margin shows it stood at 395.88% in 2022, then tumbled by 72 bps to 112.74% in 2023, then slumped by 39 bps to 68.22% in 2024, then soared by 77 bps to 120.97% in 2025, then sank by 241 bps to 169.98% in 2026.
- The last three Gross Margin figures came in at 169.98% (Q1 2026), 120.97% (Q4 2025), and 93.25% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of Chile | 90,891.20 Bn | 90,891.20 Bn | - | - |
| 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 | - | - |
| 6 | Landmark Bancorp | 164.67 Bn | 164.64 Bn | - | - |
| 7 | Deutsche Bank Aktiengesellschaft | 161.63 Bn | -151,939.28 Bn | - | - |
| 8 | KB Financial | 150.02 Bn | 142.15 Bn | - | - |
| 9 | Pnc Financial Services | 88.79 Bn | 88.84 Bn | - | - |
| 10 | First Merchants | 2.44 Bn | 2.44 Bn | -1.01 Mn | -169.98% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -169.98% |
| Dec 31, 2025 | 120.97% |
| Sep 30, 2025 | -93.25% |
| Jun 30, 2025 | -140.31% |
| Mar 31, 2025 | -226.02% |
| Dec 31, 2024 | 68.22% |
| Sep 30, 2024 | -433.72% |
| Jun 30, 2024 | 79.91% |
| Mar 31, 2024 | -180.56% |
| Dec 31, 2023 | 112.74% |
| Sep 30, 2023 | -516.93% |
| Jun 30, 2023 | 85.10% |
| Mar 31, 2023 | 82.21% |
| Dec 31, 2022 | 395.88% |
| Sep 30, 2022 | 66.49% |
| Jun 30, 2022 | 72.68% |
| Mar 31, 2022 | 87.14% |
| Dec 31, 2021 | 32.38% |
| Sep 30, 2021 | 73.18% |
| Jun 30, 2021 | 85.06% |
| Mar 31, 2021 | -205.43% |
| Dec 31, 2020 | 112.16% |
| Sep 30, 2020 | 67.19% |
| Jun 30, 2020 | 51.48% |
| Mar 31, 2020 | 75.83% |
| Dec 31, 2019 | -243.78% |
| Sep 30, 2019 | -196.00% |
| Jun 30, 2019 | -707.04% |
| Mar 31, 2019 | -37.52% |
| Dec 31, 2018 | 109.93% |
| Sep 30, 2018 | 78.36% |
| Jun 30, 2018 | -538.10% |
| Mar 31, 2018 | -100.00% |
| Dec 31, 2017 | -32.65% |
| Sep 30, 2017 | 77.58% |