First Merchants Corp (FRME) Net Income (2010 - 2026)
First Merchants (FRME) recorded Net Income of $43.98 million in Q2 2026, down 22.6% from $56.83 million a year earlier but up 56.2% from the prior quarter.
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Analysis
First Merchants Corp (FRME) Net Income (2010 - 2026) Analysis & Trends
On a TTM basis, First Merchants' Net Income came in at $185.97 million as of Jun 30, 2026, down 17.6% year-over-year; for FY2025, it came in at $226 million, up 12.2% from FY2024.
- Annual Net Income has a five-year compound annual growth rate of 8.7% (FY2020 to FY2025).
- Across earlier years, Net Income came in at $201.4 million in FY2024 (-10.0%), $223.79 million in FY2023 (+0.8%), $222.09 million in FY2022 (+8.1%) and $205.53 million in FY2021 (+38.3%).
- Quarterly Net Income has ranged from $28.16 million in Q1 2026 to $70.76 million in Q4 2022 over the past five years.
- On a year-over-year basis, Net Income has declined for three consecutive quarters, with growth averaging 3.6% over the last eight quarters.
- Peak year-over-year performance for Net Income in the last five years was growth of 56.1% in Q2 2023, against a decline of 49.1% in Q1 2026 at the low end.
- Per Business Quant, the preceding three quarters came in at $28.16 million (Q1 2026), $57.07 million (Q4 2025) and $56.77 million (Q3 2025).
Peer Set
Peer Comparison
Historic Data
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Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 43.98 Mn |
| Mar 31, 2026 | 28.16 Mn |
| Dec 31, 2025 | 57.07 Mn |
| Sep 30, 2025 | 56.77 Mn |
| Jun 30, 2025 | 56.83 Mn |
| Mar 31, 2025 | 55.34 Mn |
| Dec 31, 2024 | 64.35 Mn |
| Sep 30, 2024 | 49.19 Mn |
| Jun 30, 2024 | 39.93 Mn |
| Mar 31, 2024 | 47.94 Mn |
| Dec 31, 2023 | 42.48 Mn |
| Sep 30, 2023 | 56.37 Mn |
| Jun 30, 2023 | 60.86 Mn |
| Mar 31, 2023 | 64.08 Mn |
| Dec 31, 2022 | 70.76 Mn |
| Sep 30, 2022 | 63.75 Mn |
| Jun 30, 2022 | 38.99 Mn |
| Mar 31, 2022 | 48.59 Mn |
| Dec 31, 2021 | 54.20 Mn |
| Sep 30, 2021 | 52.77 Mn |
API Access
First Merchants Corp Net Income 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=net-income&ticker=FRME&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-income", "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=net-income&ticker=FRME&period=max&api_key=YOUR_API_KEY");
const data = await res.json();