First Merchants (FRME) Tax Provisions (2010 - 2026)
First Merchants (FRME) reported Tax Provisions of -$1.1 million for Q1 2026, down 113.57% on a YoY basis from $7.9 million in Q1 2025, and down 112.68% quarter-over-quarter from $8.4 million in Q4 2025.
First Merchants (FRME) Tax Provisions (2010 - 2026) Analysis & Trends
First Merchants has reported Tax Provisions for 17 years, with the latest figure at -$1.1 million in Q1 2026.
- For the quarter ending Q1 2026, Tax Provisions fell 113.57% year-over-year to -$1.1 million; the trailing twelve-month figure through Mar 2026 stood at $24.2 million (down 22.98% YoY), and the FY2025 full-year result was $33.1 million, up 9.19% from the prior year.
- Tax Provisions for Q1 2026 stood at -$1.1 million, down from $8.4 million in the prior quarter.
- The five-year high for Tax Provisions was $12.6 million in Q4 2022, with the low at -$1.1 million in Q1 2026.
- Historically, Tax Provisions has averaged $7.7 million across 5 years, with a median of $8.3 million in 2025.
- Annual changes were most pronounced in 2024 — Tax Provisions jumped 177.38% — and 2026, when it tumbled 113.57%.
- First Merchants' Tax Provisions stood at $12.6 million in 2022, then tumbled by 65.01% to $4.4 million in 2023, then jumped by 177.38% to $12.3 million in 2024, then tumbled by 31.29% to $8.4 million in 2025, then slumped by 112.68% to -$1.1 million in 2026.
- The last three Tax Provisions figures came in at -$1.1 million (Q1 2026), $8.4 million (Q4 2025), and $8.5 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of Chile | 97,765.53 Bn | 97,765.53 Bn | - | -78,154.00 |
| 2 | Bank Bradesco | 6,846.93 Bn | 6,830.99 Bn | - | - |
| 3 | Lloyds Banking | 384.13 Bn | 384.40 Bn | - | -633.64 Mn |
| 4 | First Capital | 215.78 Bn | 215.63 Bn | - | 1.03 Mn |
| 5 | Itau Unibanco Holding | 202.78 Bn | 202.78 Bn | - | - |
| 6 | Landmark Bancorp | 180.37 Bn | 180.34 Bn | - | 1.25 Mn |
| 7 | NatWest | 168.65 Bn | -51.67 Bn | - | -709.14 Mn |
| 8 | Shinhan Financial | 136.54 Bn | 104.11 Bn | - | 391.52 Mn |
| 9 | Mizuho Financial | 112.02 Bn | 112.56 Bn | - | - |
| 10 | First Merchants | 2.55 Bn | 2.55 Bn | -1.01 Mn | -1.07 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -1.07 Mn |
| Dec 31, 2025 | 8.43 Mn |
| Sep 30, 2025 | 8.52 Mn |
| Jun 30, 2025 | 8.29 Mn |
| Mar 31, 2025 | 7.88 Mn |
| Dec 31, 2024 | 12.27 Mn |
| Sep 30, 2024 | 7.16 Mn |
| Jun 30, 2024 | 4.07 Mn |
| Mar 31, 2024 | 6.83 Mn |
| Dec 31, 2023 | 4.43 Mn |
| Sep 30, 2023 | 9.01 Mn |
| Jun 30, 2023 | 10.70 Mn |
| Mar 31, 2023 | 11.32 Mn |
| Dec 31, 2022 | 12.65 Mn |
| Sep 30, 2022 | 9.79 Mn |
| Jun 30, 2022 | 3.88 Mn |
| Mar 31, 2022 | 7.27 Mn |
| Dec 31, 2021 | 6.95 Mn |
| Sep 30, 2021 | 9.06 Mn |
| Jun 30, 2021 | 10.29 Mn |