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

First Merchants' (FRME) quarterly Net Margin came in at 306.37% in Q1 2026, down 90595.0% year-on-year from N/an in Q1 2025, and down 46.23% quarter-over-quarter from 569.78% in Q4 2025.

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

First Merchants' Net Margin history runs 17 years deep, the most recent figure standing at 306.37% for Q1 2026.

  • On a quarterly basis, Net Margin fell 90595.0% year-over-year to 306.37% in Q1 2026; TTM through Mar 2026 was 600.02%, a 189667.0% decrease from a year earlier, with the FY2025 full-year figure at 631.48%, down 1226619.0% from the prior year.
  • Net Margin retreated to 306.37% in Q1 2026 per FRME's latest filing, from 569.78% in the prior quarter.
  • Across five years, Net Margin topped out at 10832.95% in Q3 2023 and bottomed at 498.56% in Q4 2024.
  • The 5-year median for Net Margin is 631.06% (2025), against an average of 1891.02%.
  • Biggest YoY gain for Net Margin was 819597 bps in 2022; the steepest drop was 1268575 bps in 2022.
  • Year by year, Net Margin stood at 393.0% in 2022, then surged by 50 bps to 197.54% in 2023, then plunged by 152 bps to 498.56% in 2024, then surged by 214 bps to 569.78% in 2025, then slumped by 46 bps to 306.37% in 2026.
  • Per Business Quant, the three latest FRME Net Margin figures stand at 306.37% (Q1 2026), 569.78% (Q4 2025), and 631.06% (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Margin (Qtr)
1 KB Financial 43,124.21 Bn 43,125.44 Bn -775,612.08 401,783.65%
2 Shinhan Financial 33,971.34 Bn 33,973.00 Bn - 8,284,010.29%
3 Bank Of Chile 4,105.33 Bn 4,105.33 Bn 167,623.00 0.00%
4 NatWest 768.74 Bn 572.78 Bn 1.79 Bn 32.86%
5 Mizuho Financial 385.64 Bn 389.59 Bn - 0.38%
6 Lloyds Banking 358.14 Bn 358.14 Bn - 27.26%
7 First Capital 200.03 Bn 199.69 Bn - 251.63%
8 Landmark Bancorp 187.97 Bn 187.94 Bn - 28.90%
9 Pnc Financial Services 100.96 Bn 101.01 Bn - 27.35%
10 First Merchants 2.62 Bn 2.62 Bn 7.44 Mn 306.37%

Historic Data

Download Data
DateValue
Mar 31, 2026 306.37%
Dec 31, 2025 569.78%
Sep 30, 2025 631.06%
Jun 30, 2025 1,142.80%
Mar 31, 2025 1,212.33%
Dec 31, 2024 -498.56%
Sep 30, 2024 582.69%
Jun 30, 2024 480.35%
Mar 31, 2024 578.93%
Dec 31, 2023 -197.54%
Sep 30, 2023 10,832.95%
Jun 30, 2023 816.45%
Mar 31, 2023 5,540.94%
Dec 31, 2022 -393.00%
Sep 30, 2022 9,040.43%
Jun 30, 2022 744.39%
Mar 31, 2022 756.91%
Dec 31, 2021 224.28%
Sep 30, 2021 844.46%
Jun 30, 2021 992.83%