First Merchants (FRME) Tax Provisions (2010 - 2026)
First Merchants (FRME) posted quarterly Tax Provisions of $3.8 million for Q2 2026, down 54.51% year-over-year from $8.3 million in Q2 2025, and up 452.67% on a QoQ basis from -$1.1 million in Q1 2026.
First Merchants (FRME) Tax Provisions (2010 - 2026) Analysis & Trends
First Merchants has reported Tax Provisions for 17 years, with the latest figure at $3.8 million in Q2 2026.
- Tax Provisions for Q2 2026 came in at $3.8 million, down 54.51% year-over-year; the trailing twelve-month figure through Jun 2026 was $19.6 million (down 44.8% YoY), and the FY2025 annual result was $33.1 million, up 9.19% from the prior year.
- Tax Provisions improved to $3.8 million in Q2 2026, from -$1.1 million in the prior quarter.
- Over five years, Tax Provisions peaked at $12.6 million in Q4 2022 and troughed at -$1.1 million in Q1 2026.
- A 5-year average of $7.5 million and a median of $8.1 million in 2025 frame the typical range for Tax Provisions.
- The widest annual swing landed in 2024, when Tax Provisions jumped 177.38%; it then slumped 113.57% in 2026.
- A 5-year view of Tax Provisions shows it stood at $12.6 million in 2022, then sank by 65.01% to $4.4 million in 2023, then jumped by 177.38% to $12.3 million in 2024, then sank by 31.29% to $8.4 million in 2025, then slumped by 55.29% to $3.8 million in 2026.
- Per Business Quant data, the three most recent Tax Provisions figures were $3.8 million in Q2 2026, -$1.1 million in Q1 2026, and $8.4 million in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Hdfc Bank | 120.66 Bn | 84.46 Bn | - | - |
| 2 | Pnc Financial Services | 97.86 Bn | 97.86 Bn | - | 531.00 Mn |
| 3 | Us Bancorp | 96.39 Bn | 96.39 Bn | - | 537.00 Mn |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - | -939.17 Mn |
| 5 | NatWest | 74.92 Bn | -144.17 Bn | - | -821.11 Mn |
| 6 | Deutsche Bank Aktiengesellschaft | 72.22 Bn | -81.10 Bn | - | 1.12 Bn |
| 7 | Nu Holdings | 70.34 Bn | 56.66 Bn | 2.35 Bn | -175.22 Mn |
| 8 | Truist Financial | 61.75 Bn | 61.75 Bn | - | 262.00 Mn |
| 9 | Fifth Third Bancorp | 49.88 Bn | 26.16 Bn | - | 235.00 Mn |
| 10 | First Merchants | 2.62 Bn | 2.62 Bn | 7.27 Mn | 3.77 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 3.77 Mn |
| 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 |