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First Merchants (FRME) Tax Rate (2010 - 2026)

First Merchants posted quarterly Tax Rate of 3.95% for Q1 2026, down 1641.0% year-on-year from 0.26% in Q1 2025, and down 130.65% on a QoQ basis from 12.88% in Q4 2025.

First Merchants (FRME) has 17 years of Tax Rate data on file, last reported at 3.95% in Q1 2026.

  • For the quarter ending Q1 2026, Tax Rate fell 1641.0% year-over-year to 3.95%; the trailing twelve-month figure through Mar 2026 stood at 10.84% (down 223.0% YoY), and the FY2025 full-year result was 12.78%, down 31.0% from the prior year.
  • Tax Rate for Q1 2026 stood at 3.95%, down from 12.88% in the prior quarter.
  • Across five years, Tax Rate topped out at 16.02% in Q4 2024 and bottomed at 3.95% in Q1 2026.
  • The 5-year median for Tax Rate is 12.88% (2025), against an average of 11.84%.
  • The widest annual swing landed in 2024, when Tax Rate jumped 658 bps; it then sank 1641 bps in 2026.
  • A 5-year view of Tax Rate shows it stood at 15.16% in 2022, then tumbled by 38 bps to 9.43% in 2023, then jumped by 70 bps to 16.02% in 2024, then decreased by 20 bps to 12.88% in 2025, then sank by 131 bps to 3.95% in 2026.
  • The last three Tax Rate figures came in at 3.95% (Q1 2026), 12.88% (Q4 2025), and 13.05% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Bank Of Chile 90,891.20 Bn 90,891.20 Bn - -
2 Bank Bradesco 6,807.69 Bn 6,791.75 Bn - -
3 Lloyds Banking 426.28 Bn 426.28 Bn - -
4 NatWest 184.56 Bn 184.56 Bn - -
5 First Capital 181.18 Bn 181.03 Bn - 19.21
6 Landmark Bancorp 164.67 Bn 164.64 Bn - 19.83
7 Deutsche Bank Aktiengesellschaft 161.63 Bn -151,939.28 Bn - 28.76
8 KB Financial 150.02 Bn 142.15 Bn - 0.05
9 Pnc Financial Services 88.79 Bn 88.84 Bn - 18.98
10 First Merchants 2.44 Bn 2.44 Bn -1.01 Mn -3.95

Historic Data

Download Data 🔒
DateValue
Mar 31, 2026 -3.95
Mar 31, 2026 -3.95
Dec 31, 2025 12.88
Dec 31, 2025 12.88
Sep 30, 2025 13.05
Sep 30, 2025 13.05
Jun 30, 2025 12.73
Jun 30, 2025 12.73
Mar 31, 2025 12.46
Mar 31, 2025 12.46
Dec 31, 2024 16.02
Dec 31, 2024 16.02
Sep 30, 2024 12.71
Sep 30, 2024 12.71
Jun 30, 2024 9.24
Jun 30, 2024 9.24
Mar 31, 2024 12.46
Mar 31, 2024 12.46
Dec 31, 2023 9.43
Dec 31, 2023 9.43
Sep 30, 2023 13.78
Sep 30, 2023 13.78
Jun 30, 2023 14.95
Jun 30, 2023 14.95
Mar 31, 2023 15.01
Mar 31, 2023 15.01
Dec 31, 2022 15.16
Dec 31, 2022 15.16
Sep 30, 2022 13.32
Sep 30, 2022 13.32
Jun 30, 2022 9.05
Jun 30, 2022 9.05
Mar 31, 2022 13.01
Mar 31, 2022 13.01
Dec 31, 2021 12.71
Dec 31, 2021 12.71
Sep 30, 2021 14.66
Sep 30, 2021 14.66
Jun 30, 2021 15.63
Jun 30, 2021 15.63
Mar 31, 2021 15.32
Mar 31, 2021 15.32
Dec 31, 2020 14.48
Dec 31, 2020 14.48
Sep 30, 2020 13.44
Sep 30, 2020 13.44
Jun 30, 2020 12.29
Jun 30, 2020 12.29
Mar 31, 2020 9.24
Mar 31, 2020 9.24
Dec 31, 2019 14.78
Dec 31, 2019 14.78
Sep 30, 2019 14.71
Sep 30, 2019 14.71
Jun 30, 2019 15.88
Jun 30, 2019 15.88
Mar 31, 2019 15.17
Mar 31, 2019 15.17
Dec 31, 2018 12.48
Dec 31, 2018 12.48
Sep 30, 2018 17.10
Sep 30, 2018 17.10
Jun 30, 2018 16.73
Jun 30, 2018 16.73
Mar 31, 2018 15.27
Mar 31, 2018 15.27
Dec 31, 2017 38.42
Dec 31, 2017 38.42
Sep 30, 2017 24.58
Sep 30, 2017 24.58
Jun 30, 2017 22.99
Jun 30, 2017 22.99
Mar 31, 2017 23.61
Mar 31, 2017 23.61
Dec 31, 2016 26.04
Dec 31, 2016 26.04
Sep 30, 2016 26.18
Sep 30, 2016 26.18
Jun 30, 2016 25.13
Jun 30, 2016 25.13
Mar 31, 2016 23.96
Mar 31, 2016 23.96
Dec 31, 2015 23.76
Dec 31, 2015 23.76
Sep 30, 2015 27.76
Sep 30, 2015 27.76
Jun 30, 2015 33.02
Jun 30, 2015 33.02
Mar 31, 2015 26.51
Mar 31, 2015 26.51
Dec 31, 2014 26.98
Dec 31, 2014 26.98
Sep 30, 2014 27.06
Sep 30, 2014 27.06
Jun 30, 2014 27.97
Jun 30, 2014 27.97
Mar 31, 2014 25.32
Mar 31, 2014 25.32
Dec 31, 2013 21.78
Dec 31, 2013 21.78
Sep 30, 2013 20.41
Sep 30, 2013 20.41
Jun 30, 2013 27.76
Jun 30, 2013 27.76
Mar 31, 2013 28.23
Mar 31, 2013 28.23
Dec 31, 2012 23.42
Dec 31, 2012 23.42
Sep 30, 2012 25.89
Sep 30, 2012 25.89
Jun 30, 2012 26.32
Jun 30, 2012 26.32
Mar 31, 2012 27.68
Mar 31, 2012 27.68
Dec 31, 2011 23.32
Dec 31, 2011 23.32
Sep 30, 2011 27.53
Sep 30, 2011 27.53
Jun 30, 2011 20.28
Jun 30, 2011 20.28
Mar 31, 2011 30.52
Mar 31, 2011 30.52
Dec 31, 2010 -5.66
Dec 31, 2010 -5.66
Sep 30, 2010 -52.66
Sep 30, 2010 -52.66
Jun 30, 2010 84.67
Jun 30, 2010 84.67