First Merchants (FRME) Operating Margin (2017 - 2026)
First Merchants' (FRME) quarterly Operating Margin came in at 1302.52% in Q1 2026, up 68000.0% year-on-year from N/an in Q1 2025, and down 40.76% quarter-over-quarter from 925.33% in Q4 2025.
First Merchants (FRME) Operating Margin (2017 - 2026) Analysis & Trends
First Merchants' Operating Margin history runs 10 years deep, the most recent figure standing at 1302.52% for Q1 2026.
- On a quarterly basis, Operating Margin rose 68000.0% year-over-year to 1302.52% in Q1 2026; TTM through Mar 2026 was 1188.33%, a 333012.0% increase from a year earlier, with the FY2025 full-year figure at 999.9%, up 2389396.0% from the prior year.
- Operating Margin retreated to 1302.52% in Q1 2026 per FRME's latest filing, from 925.33% in the prior quarter.
- Across five years, Operating Margin topped out at 871.65% in Q4 2024 and bottomed at 18547.87% in Q3 2023.
- The 5-year median for Operating Margin is 1096.74% (2024), against an average of 3110.46%.
- Across the five-year window, Operating Margin plunged 1294214 bps in 2022 and jumped 1749412 bps in 2024, its largest moves.
- Year by year, Operating Margin stood at 619.15% in 2022, then climbed by 0 bps to 620.76% in 2023, then soared by 40 bps to 871.65% in 2024, then plunged by 206 bps to 925.33% in 2025, then plunged by 41 bps to 1302.52% in 2026.
- Per Business Quant, the three latest FRME Operating Margin figures stand at 1302.52% (Q1 2026), 925.33% (Q4 2025), and 1006.17% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | KB Financial | 43,124.21 Bn | 43,125.44 Bn | -775,612.08 | 579,101.06% |
| 2 | Shinhan Financial | 33,971.34 Bn | 33,973.00 Bn | - | 7,561,492.12% |
| 3 | Bank Of Chile | 4,105.33 Bn | 4,105.33 Bn | 167,623.00 | 361.17% |
| 4 | NatWest | 768.74 Bn | 572.78 Bn | 1.79 Bn | 77.40% |
| 5 | Mizuho Financial | 385.64 Bn | 389.59 Bn | - | - |
| 6 | Lloyds Banking | 358.14 Bn | 358.14 Bn | - | - |
| 7 | First Capital | 200.03 Bn | 199.69 Bn | - | - |
| 8 | Landmark Bancorp | 187.97 Bn | 187.94 Bn | - | - |
| 9 | Pnc Financial Services | 100.96 Bn | 101.01 Bn | - | - |
| 10 | First Merchants | 2.62 Bn | 2.62 Bn | 7.44 Mn | -1,302.52% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -1,302.52% |
| Dec 31, 2025 | -925.33% |
| Sep 30, 2025 | -1,006.17% |
| Jun 30, 2025 | -1,838.26% |
| Mar 31, 2025 | -1,982.52% |
| Dec 31, 2024 | 871.65% |
| Sep 30, 2024 | -1,053.75% |
| Jun 30, 2024 | -1,034.48% |
| Mar 31, 2024 | -1,096.74% |
| Dec 31, 2023 | 620.76% |
| Sep 30, 2023 | -18,547.87% |
| Jun 30, 2023 | -1,166.66% |
| Mar 31, 2023 | -8,177.79% |
| Dec 31, 2022 | 619.15% |
| Sep 30, 2022 | -14,011.29% |
| Jun 30, 2022 | -1,807.77% |
| Mar 31, 2022 | -1,038.20% |
| Dec 31, 2021 | -248.99% |
| Sep 30, 2021 | -1,069.15% |
| Jun 30, 2021 | -1,158.35% |