First Merchants (FRME) Operating Income (2011 - 2026)
First Merchants posted quarterly Operating Income of -$126.2 million for Q1 2026, down 34.43% year-on-year from -$192.4 million in Q1 2025, and down 11.71% on a QoQ basis from -$112.9 million in Q4 2025.
First Merchants (FRME) has 12 years of Operating Income data on file, last reported 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.
- Across five years, Operating Income topped out at -$67.3 million in Q1 2022 and bottomed at -$131.5 million in Q4 2023.
- The 5-year median for Operating Income is -$93.9 million (2022), against an average of -$96.6 million.
- The widest annual swing landed in 2022, when Operating Income sank 48.71%; it then surged 31.0% in 2024.
- A 5-year view of Operating Income shows it stood at -$93.9 million in 2022, then sank by 40.03% to -$131.5 million in 2023, then soared by 31.0% to -$90.7 million in 2024, then dropped by 24.44% to -$112.9 million in 2025, then dropped 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.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of Chile | 90,891.20 Bn | 90,891.20 Bn | - | 748,885.00 |
| 2 | Bank Bradesco | 6,807.69 Bn | 6,791.75 Bn | - | - |
| 3 | Lloyds Banking | 426.28 Bn | 426.28 Bn | - | - |
| 4 | NatWest | 184.56 Bn | 184.56 Bn | - | - |
| 5 | First Capital | 181.18 Bn | 181.03 Bn | - | - |
| 6 | Landmark Bancorp | 164.67 Bn | 164.64 Bn | - | - |
| 7 | Deutsche Bank Aktiengesellschaft | 161.63 Bn | -151,939.28 Bn | - | - |
| 8 | KB Financial | 150.02 Bn | 142.15 Bn | - | 832.02 Mn |
| 9 | Pnc Financial Services | 88.79 Bn | 88.84 Bn | - | - |
| 10 | First Merchants | 2.44 Bn | 2.44 Bn | -1.01 Mn | -126.15 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -126.15 Mn |
| Dec 31, 2025 | -112.93 Mn |
| Sep 30, 2025 | -97.58 Mn |
| Jun 30, 2025 | -94.76 Mn |
| Mar 31, 2025 | -93.84 Mn |
| Dec 31, 2024 | -90.75 Mn |
| Sep 30, 2024 | -96.12 Mn |
| Jun 30, 2024 | -84.36 Mn |
| Mar 31, 2024 | -97.71 Mn |
| Dec 31, 2023 | -131.52 Mn |
| Sep 30, 2023 | -95.84 Mn |
| Jun 30, 2023 | -86.30 Mn |
| Mar 31, 2023 | -87.67 Mn |
| Dec 31, 2022 | -93.92 Mn |
| Sep 30, 2022 | -91.61 Mn |
| Jun 30, 2022 | -93.55 Mn |
| Mar 31, 2022 | -67.34 Mn |
| Dec 31, 2021 | -71.56 Mn |
| Sep 30, 2021 | -66.81 Mn |
| Jun 30, 2021 | -62.91 Mn |
| Mar 31, 2021 | -66.85 Mn |
| Dec 31, 2020 | -88.80 Mn |
| Sep 30, 2020 | -62.02 Mn |
| Jun 30, 2020 | -57.77 Mn |
| Mar 31, 2020 | -61.64 Mn |
| Dec 31, 2019 | -66.26 Mn |
| Sep 30, 2019 | -68.24 Mn |
| Jun 30, 2019 | -60.00 Mn |
| Mar 31, 2019 | -56.91 Mn |
| Dec 31, 2018 | -69.99 Mn |
| Sep 30, 2018 | -50.62 Mn |
| Jun 30, 2018 | -54.75 Mn |
| Mar 31, 2018 | -54.13 Mn |
| Dec 31, 2017 | -56.77 Mn |
| Sep 30, 2017 | -55.18 Mn |
| Sep 30, 2012 | 5.31 Mn |
| Jun 30, 2012 | 4.37 Mn |
| Sep 30, 2011 | 3.26 Mn |
| Jun 30, 2011 | 2.41 Mn |