First Merchants FRMEP
NASDAQ FRMEP
$25.04 +0.04 (+0.16%)
At close: Sep 8, 2026 · 4:00 PM EDT

First Merchants (FRMEP) Deferred Taxes (2012 - 2026)

First Merchants (FRMEP) posted Deferred Taxes of -$7.6 million for Q2 2026, down 290.95% on a QoQ basis from $4.0 million in Q1 2026, and down 397.77% year-over-year from $2.6 million in Q2 2025.

Analysis

First Merchants (FRMEP) Deferred Taxes (2012 - 2026) Analysis & Trends

First Merchants has reported Deferred Taxes for 15 years, with the latest figure at -$7.6 million in Q2 2026.

  • On a quarterly basis, Deferred Taxes fell 397.77% year-over-year to -$7.6 million in Q2 2026; TTM through Jun 2026 was $779000.0, a 140.79% increase from a year earlier, with the FY2025 full-year figure at $2.2 million, up 36.64% from the prior year.
  • Deferred Taxes was -$7.6 million for Q2 2026 at First Merchants, down from $4.0 million in the prior quarter.
  • The five-year high for Deferred Taxes was $6.4 million in Q4 2022, with the low at -$7.6 million in Q2 2026.
  • Average Deferred Taxes over 5 years is $882722.2, with a median of $927500.0 recorded in 2024.
  • The sharpest annual moves came in 2022 and 2026: Deferred Taxes jumped 1032.56% in 2022, then tumbled 397.77% in 2026.
  • Over 5 years, Deferred Taxes stood at $6.4 million in 2022, then plunged by 58.65% to $2.6 million in 2023, then slumped by 156.93% to -$1.5 million in 2024, then jumped by 386.84% to $4.3 million in 2025, then plunged by 276.08% to -$7.6 million in 2026.
  • The last three Deferred Taxes figures came in at -$7.6 million (Q2 2026), $4.0 million (Q1 2026), and $4.3 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Deferred Taxes (Qtr)
1 Banco Santander Chile 951.92 Bn 951.92 Bn - -
2 Truist Financial 61.53 Bn 61.53 Bn - -
3 Fifth Third Bancorp 49.43 Bn 25.71 Bn - -
4 M&T Bank 34.72 Bn 34.72 Bn - 16.00 Mn
5 Huntington Bancshares 33.61 Bn 29.08 Bn - -120.00 Mn
6 Citizens Financial 29.27 Bn 29.27 Bn - -58.00 Mn
7 Regions Financial 25.50 Bn 25.50 Bn - -157.00 Mn
8 First Citizens Bancshares 24.62 Bn 24.10 Bn 29.00 Mn 71.00 Mn
9 Keycorp 23.25 Bn -24.44 Bn - 2.00 Mn
10 First Merchants 1.56 Bn 1.56 Bn 7.27 Mn -7.60 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 -7.60 Mn
Mar 31, 2026 3.98 Mn
Dec 31, 2025 4.31 Mn
Sep 30, 2025 83,000.00
Jun 30, 2025 -1.53 Mn
Mar 31, 2025 -652,000.00
Dec 31, 2024 -1.50 Mn
Sep 30, 2024 1.77 Mn
Jun 30, 2024 3.62 Mn
Mar 31, 2024 -2.26 Mn
Dec 31, 2023 2.64 Mn
Sep 30, 2023 5.39 Mn
Jun 30, 2023 1.97 Mn
Mar 31, 2023 -3.40 Mn
Dec 31, 2022 6.39 Mn
Sep 30, 2022 5.39 Mn
Jun 30, 2022 -1.05 Mn
Mar 31, 2022 -1.67 Mn
Dec 31, 2021 7.69 Mn
Sep 30, 2021 476,000.00