First Merchants (FRME) Long-Term Deferred Tax (2009 - 2026)
First Merchants (FRME) reported Long-Term Deferred Tax of $136.26 million for Q3 2026, up 51.8% from $89.76 million a year earlier and up 19.6% from the prior quarter.
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Analysis
First Merchants (FRME) Long-Term Deferred Tax (2009 - 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%).
- The Q3 2026 figure ranks as the highest quarterly Long-Term Deferred Tax since Q3 2022.
- Year over year, Long-Term Deferred Tax has now increased in each of the last three quarters, with growth averaging 7.6% over the last eight quarters.
- 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 Q3 2026 came in at $113.98 million (Q2 2026), $116.81 million (Q1 2026) and $78.66 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Jpmorgan Chase | 909.02 Bn | 886.77 Bn | - |
| 2 | Banco Santander Chile | 406.67 Bn | -7,110.43 Bn | - |
| 3 | Bank Of America | 350.91 Bn | -2,025.20 Bn | - |
| 4 | Hsbc Holdings | 308.71 Bn | -2,966.46 Bn | - |
| 5 | Morgan Stanley | 293.66 Bn | -249.15 Bn | - |
| 6 | Royal Bank Of Canada | 283.56 Bn | -546.44 Bn | - |
| 7 | Goldman Sachs | 262.71 Bn | -3,480.74 Bn | - |
| 8 | Wells Fargo & Company | 257.44 Bn | 92.87 Bn | - |
| 9 | Mitsubishi Ufj Financial | 256.82 Bn | -75.42 Bn | 10.89 Bn |
| 10 | First Merchants | 256.31 Mn | 256.31 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 136.26 Mn |
| 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 |
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();