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| Date | Value |
|---|---|
| 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% |