KPIs & Operating Metrics(New)

First Merchants (FRME) Tax Rate: 2016-2025

Historic Tax Rate for First Merchants (FRME) over the last 10 years, with Sep 2025 value amounting to 13.05%.

  • First Merchants' Tax Rate rose 34.00% to 13.05% in Q3 2025 from the same period last year, while for Sep 2025 it was 13.67%, marking a year-over-year increase of 255.00%. This contributed to the annual value of 13.09% for FY2024, which is 59.00% down from last year.
  • According to the latest figures from Q3 2025, First Merchants' Tax Rate is 13.05%, which was up 2.51% from 12.73% recorded in Q2 2025.
  • In the past 5 years, First Merchants' Tax Rate ranged from a high of 16.02% in Q4 2024 and a low of 9.05% during Q2 2022.
  • Over the past 3 years, First Merchants' median Tax Rate value was 12.73% (recorded in 2025), while the average stood at 12.89%.
  • As far as peak fluctuations go, First Merchants' Tax Rate slumped by 658bps in 2022, and later soared by 658bps in 2024.
  • Over the past 5 years, First Merchants' Tax Rate (Quarterly) stood at 12.71% in 2021, then skyrocketed by 245bps to 15.16% in 2022, then plummeted by 573bps to 9.43% in 2023, then skyrocketed by 658bps to 16.02% in 2024, then spiked by 34bps to 13.05% in 2025.
  • Its Tax Rate was 13.05% in Q3 2025, compared to 12.73% in Q2 2025 and 12.46% in Q1 2025.