First Merchants (FRME) Long-Term Deferred Tax (2016 - 2026)
First Merchants (FRME) reported Long-Term Deferred Tax of $113.98 million for Q2 2026, up 16.6% from $97.75 million a year earlier but down 2.4% from the prior quarter.
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Analysis
First Merchants (FRME) Long-Term Deferred Tax (2016 - 2026) Analysis & Trends
At the end of FY2025, First Merchants posted Long-Term Deferred Tax of $78.66 million, down 14.9% from FY2024.
- Long-Term Deferred Tax has declined for three consecutive years, though with a five-year compound annual growth rate of 44.8% (FY2020 to FY2025).
- By year, Long-Term Deferred Tax came in at $92.39 million in FY2024 (-7.5%), $99.88 million in FY2023 (-10.2%), $111.22 million in FY2022 (+212.1%) and $35.64 million in FY2021 (+188.8%).
- Five-year quarterly Long-Term Deferred Tax spans a low of $35.64 million in Q4 2021 and a high of $142.11 million in Q3 2022.
- Year over year, Long-Term Deferred Tax gained in three of the last eight quarters, with an average decline of 3.4%.
- The high point for year-over-year Long-Term Deferred Tax in five years was Q3 2022 (growth of 259.7%); the low point was Q3 2024 (a decline of 36.0%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $116.81 million (Q1 2026), $78.66 million (Q4 2025) and $89.76 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Jpmorgan Chase | 879.54 Bn | 909.01 Bn | - |
| 2 | Banco Santander Chile | 418.48 Bn | 538.42 Bn | - |
| 3 | Bank Of America | 381.92 Bn | -1,994.15 Bn | - |
| 4 | Hsbc Holdings | 341.10 Bn | 341.15 Bn | - |
| 5 | Morgan Stanley | 295.71 Bn | -213.38 Bn | - |
| 6 | Royal Bank Of Canada | 275.38 Bn | 126.13 Bn | - |
| 7 | Mitsubishi Ufj Financial | 273.79 Bn | -1,314.70 Bn | 10.89 Bn |
| 8 | Goldman Sachs | 262.78 Bn | -3,294.34 Bn | - |
| 9 | Wells Fargo & Company | 242.61 Bn | 244.75 Bn | - |
| 10 | First Merchants | 2.47 Bn | 2.47 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 113.98 Mn |
| Mar 31, 2026 | 116.81 Mn |
| Dec 31, 2025 | 78.66 Mn |
| Sep 30, 2025 | 89.76 Mn |
| Jun 30, 2025 | 97.75 Mn |
| Mar 31, 2025 | 87.67 Mn |
| Dec 31, 2024 | 92.39 Mn |
| Sep 30, 2024 | 86.73 Mn |
| Jun 30, 2024 | 107.08 Mn |
| Mar 31, 2024 | 101.12 Mn |
| Dec 31, 2023 | 99.88 Mn |
| Sep 30, 2023 | 135.52 Mn |
| Jun 30, 2023 | 113.72 Mn |
| Mar 31, 2023 | 103.07 Mn |
| Dec 31, 2022 | 111.22 Mn |
| Sep 30, 2022 | 142.11 Mn |
| Jun 30, 2022 | 114.97 Mn |
| Mar 31, 2022 | 73.42 Mn |
| Dec 31, 2021 | 35.64 Mn |
| Sep 30, 2021 | 39.50 Mn |
API Access
First Merchants Long-Term Deferred Tax 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=long-term-deferred-tax&ticker=FRME&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "long-term-deferred-tax", "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=long-term-deferred-tax&ticker=FRME&period=max&api_key=YOUR_API_KEY");
const data = await res.json();