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
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |