First Merchants (FRME) Investment Banking Income (2010 - 2026)
First Merchants (FRME) reported Investment Banking Income of -$29.8 million for Q1 2026, down 648.88% quarter-over-quarter from $5.4 million in Q4 2025.
First Merchants (FRME) Investment Banking Income (2010 - 2026) Analysis & Trends
First Merchants has reported Investment Banking Income for 17 years, with the latest figure at -$29.8 million in Q1 2026.
- For the quarter ending Q1 2026, Investment Banking Income changed N/A year-over-year to -$29.8 million; the trailing twelve-month figure through Mar 2026 stood at -$13.5 million (down 176.78% YoY), and the FY2025 full-year result was $21.3 million, up 2.09% from the prior year.
- Investment Banking Income for Q1 2026 stood at -$29.8 million, down from $5.4 million in the prior quarter.
- The five-year high for Investment Banking Income was $6.8 million in Q3 2024, with the low at -$29.8 million in Q1 2026.
- Historically, Investment Banking Income has averaged $2.1 million across 5 years, with a median of $3.9 million in 2023.
- Annual changes were most pronounced in 2022 — Investment Banking Income slumped 61.25% — and 2023, when it soared 116.95%.
- First Merchants' Investment Banking Income stood at $2.1 million in 2022, then surged by 96.98% to $4.1 million in 2023, then jumped by 38.19% to $5.7 million in 2024, then decreased by 4.58% to $5.4 million in 2025, then slumped by 648.88% to -$29.8 million in 2026.
- The last three Investment Banking Income figures came in at -$29.8 million (Q1 2026), $5.4 million (Q4 2025), and $5.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Investment Banking Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of Chile | 97,765.53 Bn | 97,765.53 Bn | - | - |
| 2 | Bank Bradesco | 6,846.93 Bn | 6,830.99 Bn | - | - |
| 3 | Lloyds Banking | 384.13 Bn | 384.40 Bn | - | - |
| 4 | First Capital | 215.78 Bn | 215.63 Bn | - | 133,000.00 |
| 5 | Itau Unibanco Holding | 202.78 Bn | 202.78 Bn | - | - |
| 6 | Landmark Bancorp | 180.37 Bn | 180.34 Bn | - | 885,000.00 |
| 7 | NatWest | 168.65 Bn | -51.67 Bn | - | - |
| 8 | Shinhan Financial | 136.54 Bn | 104.11 Bn | - | - |
| 9 | Mizuho Financial | 112.02 Bn | 112.56 Bn | - | - |
| 10 | First Merchants | 2.55 Bn | 2.55 Bn | -1.01 Mn | -29.76 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -29.76 Mn |
| Dec 31, 2025 | 5.42 Mn |
| Sep 30, 2025 | 4.98 Mn |
| Jun 30, 2025 | 5.85 Mn |
| Dec 31, 2024 | 5.68 Mn |
| Sep 30, 2024 | 6.76 Mn |
| Jun 30, 2024 | 5.14 Mn |
| Mar 31, 2024 | 3.25 Mn |
| Dec 31, 2023 | 4.11 Mn |
| Sep 30, 2023 | 5.52 Mn |
| Jun 30, 2023 | 3.63 Mn |
| Mar 31, 2023 | 2.40 Mn |
| Dec 31, 2022 | 2.09 Mn |
| Sep 30, 2022 | 2.54 Mn |
| Jun 30, 2022 | 3.23 Mn |
| Mar 31, 2022 | 2.20 Mn |
| Dec 31, 2021 | 3.42 Mn |
| Sep 30, 2021 | 3.96 Mn |
| Jun 30, 2021 | 8.33 Mn |
| Mar 31, 2021 | 3.99 Mn |