First Merchants (FRME) Operating Income (2011 - 2026)

First Merchants has reported Operating Income for 12 years, with the latest figure at -$126.2 million in Q1 2026.

• For the quarter ending Q1 2026, Operating Income fell 34.43% year-over-year to -$126.2 million; the trailing twelve-month figure through Mar 2026 stood at -$431.4 million (down 18.18% YoY), and the FY2025 full-year result was -$387.0 million, down 9.3% from the prior year.
• Operating Income for Q1 2026 stood at -$126.2 million, down from -$112.9 million in the prior quarter.
• The five-year high for Operating Income was -$67.3 million in Q1 2022, with the low at -$131.5 million in Q4 2023.
• Historically, Operating Income has averaged -$96.6 million across 5 years, with a median of -$93.9 million in 2022.
• Annual changes were most pronounced in 2022 — Operating Income tumbled 48.71% — and 2024, when it surged 31.0%.
• First Merchants' Operating Income stood at -$93.9 million in 2022, then slumped by 40.03% to -$131.5 million in 2023, then surged by 31.0% to -$90.7 million in 2024, then slipped by 24.44% to -$112.9 million in 2025, then slipped by 11.71% to -$126.2 million in 2026.
• The last three Operating Income figures came in at -$126.2 million (Q1 2026), -$112.9 million (Q4 2025), and -$97.6 million (Q3 2025), per Business Quant data.