First Merchants (FRME) Tax Provisions (2010 - 2026)
First Merchants' (FRME) quarterly Tax Provisions came in at -$1.1 million in Q1 2026, down 113.57% year-on-year 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' Tax Provisions history runs 17 years deep, the most recent figure standing at -$1.1 million for Q1 2026.
- On a quarterly basis, Tax Provisions fell 113.57% year-over-year to -$1.1 million in Q1 2026; TTM through Mar 2026 was $24.2 million, a 22.98% decrease from a year earlier, with the FY2025 full-year figure at $33.1 million, up 9.19% from the prior year.
- Tax Provisions declined to -$1.1 million in Q1 2026 per FRME's latest filing, from $8.4 million in the prior quarter.
- Across five years, Tax Provisions topped out at $12.6 million in Q4 2022 and bottomed at -$1.1 million in Q1 2026.
- The 5-year median for Tax Provisions is $8.3 million (2025), against an average of $7.7 million.
- Across the five-year window, Tax Provisions soared 177.38% in 2024 and tumbled 113.57% in 2026, its largest moves.
- Year by year, Tax Provisions stood at $12.6 million in 2022, then slumped by 65.01% to $4.4 million in 2023, then surged by 177.38% to $12.3 million in 2024, then slumped by 31.29% to $8.4 million in 2025, then sank by 112.68% to -$1.1 million in 2026.
- Per Business Quant, the three latest FRME Tax Provisions figures stand at -$1.1 million (Q1 2026), $8.4 million (Q4 2025), and $8.5 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | KB Financial | 43,124.21 Bn | 43,125.44 Bn | -775,612.08 | 422,877.20 |
| 2 | Shinhan Financial | 33,971.34 Bn | 33,973.00 Bn | - | 385.94 Mn |
| 3 | Bank Of Chile | 4,105.33 Bn | 4,105.33 Bn | 167,623.00 | -78,154.00 |
| 4 | NatWest | 768.74 Bn | 572.78 Bn | 1.79 Bn | -709.14 Mn |
| 5 | Mizuho Financial | 385.64 Bn | 389.59 Bn | - | 75.02 Mn |
| 6 | Lloyds Banking | 358.14 Bn | 358.14 Bn | - | -633.64 Mn |
| 7 | First Capital | 200.03 Bn | 199.69 Bn | - | 1.03 Mn |
| 8 | Landmark Bancorp | 187.97 Bn | 187.94 Bn | - | 1.25 Mn |
| 9 | Pnc Financial Services | 100.96 Bn | 101.01 Bn | - | 415.00 Mn |
| 10 | First Merchants | 2.62 Bn | 2.62 Bn | 7.44 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 |