First Merchants (FRMEP) EBIT (2010 - 2026)
First Merchants (FRMEP) posted EBIT of -$108.1 million for Q2 2026, up 7.61% on a QoQ basis from -$117.0 million in Q1 2026, and down 24.57% year-over-year from -$143.3 million in Q2 2025.
Analysis
First Merchants (FRMEP) EBIT (2010 - 2026) Analysis & Trends
First Merchants has reported EBIT for 17 years, with the latest figure at -$108.1 million in Q2 2026.
- On a quarterly basis, EBIT fell 24.57% year-over-year to -$108.1 million in Q2 2026; TTM through Jun 2026 was -$407.5 million, a 16.25% decrease from a year earlier, with the FY2025 full-year figure at -$354.9 million, down 0.69% from the prior year.
- EBIT was -$108.1 million for Q2 2026 at First Merchants, up from -$117.0 million in the prior quarter.
- The five-year high for EBIT was -$65.7 million in Q1 2022, with the low at -$117.0 million in Q1 2026.
- Average EBIT over 5 years is -$90.6 million, with a median of -$89.0 million recorded in 2023.
- The sharpest annual moves came in 2022 and 2024: EBIT tumbled 44.72% in 2022, then climbed 12.47% in 2024.
- Over 5 years, EBIT stood at -$85.4 million in 2022, then dropped by 20.74% to -$103.1 million in 2023, then increased by 12.47% to -$90.2 million in 2024, then retreated by 2.73% to -$92.7 million in 2025, then fell by 16.63% to -$108.1 million in 2026.
- The last three EBIT figures came in at -$108.1 million (Q2 2026), -$117.0 million (Q1 2026), and -$92.7 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT (Qtr) |
|---|---|---|---|---|---|
| 1 | Banco Santander Chile | 948.29 Bn | 948.29 Bn | - | 40.42 Bn |
| 2 | Truist Financial | 61.53 Bn | 61.53 Bn | - | 4.16 Bn |
| 3 | Fifth Third Bancorp | 49.26 Bn | 25.54 Bn | - | 2.19 Bn |
| 4 | M&T Bank | 34.65 Bn | 34.65 Bn | - | 1.89 Bn |
| 5 | Huntington Bancshares | 33.52 Bn | 29.00 Bn | - | 2.23 Bn |
| 6 | Citizens Financial | 29.29 Bn | 29.29 Bn | - | 1.67 Bn |
| 7 | Regions Financial | 25.43 Bn | 25.43 Bn | - | 1.19 Bn |
| 8 | First Citizens Bancshares | 24.48 Bn | 23.96 Bn | 29.00 Mn | -1.52 Bn |
| 9 | Keycorp | 23.20 Bn | -24.50 Bn | - | 1.46 Bn |
| 10 | First Merchants | 1.56 Bn | 1.56 Bn | 7.27 Mn | -108.08 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -108.08 Mn |
| Mar 31, 2026 | -116.98 Mn |
| Dec 31, 2025 | -92.67 Mn |
| Sep 30, 2025 | -89.76 Mn |
| Jun 30, 2025 | -86.76 Mn |
| Mar 31, 2025 | -85.61 Mn |
| Dec 31, 2024 | -90.21 Mn |
| Sep 30, 2024 | -87.94 Mn |
| Jun 30, 2024 | -84.36 Mn |
| Mar 31, 2024 | -89.93 Mn |
| Dec 31, 2023 | -103.06 Mn |
| Sep 30, 2023 | -88.25 Mn |
| Jun 30, 2023 | -85.88 Mn |
| Mar 31, 2023 | -87.17 Mn |
| Dec 31, 2022 | -85.36 Mn |
| Sep 30, 2022 | -91.56 Mn |
| Jun 30, 2022 | -91.04 Mn |
| Mar 31, 2022 | -65.73 Mn |
| Dec 31, 2021 | -67.20 Mn |
| Sep 30, 2021 | -65.71 Mn |