First Merchants (FRME) Net Margin (2010 - 2026)

First Merchants (FRME) reported Net Margin of 4668.97% for Q1 2026, down 855272.0% on a YoY basis from N/an in Q1 2025, and up 1014.06% quarter-over-quarter from 510.79% in Q4 2025.

First Merchants (FRME) Net Margin (2010 - 2026) Analysis & Trends

First Merchants has reported Net Margin for 17 years, with the latest figure at 4668.97% in Q1 2026.

  • For the quarter ending Q1 2026, Net Margin fell 855272.0% year-over-year to 4668.97%; the trailing twelve-month figure through Mar 2026 stood at 2301.0% (down 346954.0% YoY), and the FY2025 full-year result was 6621.15%, up 600922.0% from the prior year.
  • Net Margin for Q1 2026 stood at 4668.97%, up from 510.79% in the prior quarter.
  • The five-year high for Net Margin was 14556.77% in Q3 2023, with the low at 6587.82% in Q4 2022.
  • Historically, Net Margin has averaged 3984.23% across 5 years, with a median of 864.38% in 2023.
  • Annual changes were most pronounced in 2022 — Net Margin sank 1259370 bps — and 2023, when it jumped 1367355 bps.
  • First Merchants' Net Margin stood at 6587.82% in 2022, then soared by 97 bps to 202.23% in 2023, then jumped by 489 bps to 786.31% in 2024, then sank by 165 bps to 510.79% in 2025, then surged by 1014 bps to 4668.97% in 2026.
  • The last three Net Margin figures came in at 4668.97% (Q1 2026), 510.79% (Q4 2025), and 5131.91% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Margin (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 - 27.26%
4 First Capital 215.78 Bn 215.63 Bn - 251.45%
5 Itau Unibanco Holding 202.78 Bn 202.78 Bn - -
6 Landmark Bancorp 180.37 Bn 180.34 Bn - 26.97%
7 NatWest 168.65 Bn -51.67 Bn - 32.86%
8 Shinhan Financial 136.54 Bn 104.11 Bn - 5,788,021.18%
9 Mizuho Financial 112.02 Bn 112.56 Bn - -157.25%
10 First Merchants 2.55 Bn 2.55 Bn -1.01 Mn 4,668.97%

Historic Data

Download Data
DateValue
Mar 31, 2026 4,668.97%
Dec 31, 2025 -510.79%
Sep 30, 2025 5,131.91%
Jun 30, 2025 6,782.55%
Mar 31, 2025 13,221.69%
Dec 31, 2024 786.31%
Sep 30, 2024 14,162.50%
Jun 30, 2024 447.09%
Mar 31, 2024 11,117.56%
Dec 31, 2023 -202.23%
Sep 30, 2023 14,556.77%
Jun 30, 2023 816.45%
Mar 31, 2023 864.38%
Dec 31, 2022 -6,587.82%
Sep 30, 2022 883.22%
Jun 30, 2022 744.39%
Mar 31, 2022 848.96%
Dec 31, 2021 1,754.24%
Sep 30, 2021 844.46%
Jun 30, 2021 739.80%