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
DateValue
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