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

First Merchants has reported Tax Rate for 17 years, with the latest figure 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.
• The five-year high for Tax Rate was 16.02% in Q4 2024, with the low at 3.95% in Q1 2026.
• Historically, Tax Rate has averaged 11.84% across 5 years, with a median of 12.88% in 2025.
• Annual changes were most pronounced in 2024 — Tax Rate jumped 658 bps — and 2026, when it tumbled 1641 bps.
• First Merchants' Tax Rate stood at 15.16% in 2022, then plunged by 38 bps to 9.43% in 2023, then soared by 70 bps to 16.02% in 2024, then retreated by 20 bps to 12.88% in 2025, then slumped 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.