First Merchants (FRMEP) Income from Continuing Operations (2010 - 2026)
First Merchants (FRMEP) posted Income from Continuing Operations of $44.0 million for Q2 2026, up 56.2% on a QoQ basis from $28.2 million in Q1 2026, and down 22.61% year-over-year from $56.8 million in Q2 2025.
Analysis
First Merchants (FRMEP) Income from Continuing Operations (2010 - 2026) Analysis & Trends
First Merchants has reported Income from Continuing Operations for 17 years, with the latest figure at $44.0 million in Q2 2026.
- On a quarterly basis, Income from Continuing Operations fell 22.61% year-over-year to $44.0 million in Q2 2026; TTM through Jun 2026 was $186.0 million, a 17.61% decrease from a year earlier, with the FY2025 full-year figure at $226.0 million, up 12.21% from the prior year.
- Income from Continuing Operations was $44.0 million for Q2 2026 at First Merchants, up from $28.2 million in the prior quarter.
- The five-year high for Income from Continuing Operations was $70.8 million in Q4 2022, with the low at $28.2 million in Q1 2026.
- Average Income from Continuing Operations over 5 years is $52.5 million, with a median of $55.9 million recorded in 2023.
- The sharpest annual moves came in 2023 and 2026: Income from Continuing Operations surged 56.09% in 2023, then slumped 49.12% in 2026.
- Over 5 years, Income from Continuing Operations stood at $70.8 million in 2022, then sank by 39.97% to $42.5 million in 2023, then jumped by 51.48% to $64.3 million in 2024, then dropped by 11.32% to $57.1 million in 2025, then retreated by 22.93% to $44.0 million in 2026.
- The last three Income from Continuing Operations figures came in at $44.0 million (Q2 2026), $28.2 million (Q1 2026), and $57.1 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Income (Continuing) (Qtr) |
|---|---|---|---|---|---|
| 1 | Banco Santander Chile | 947.35 Bn | 947.35 Bn | - | 1,501.25 Bn |
| 2 | Truist Financial | 61.50 Bn | 61.50 Bn | - | 1.55 Bn |
| 3 | Fifth Third Bancorp | 49.30 Bn | 25.58 Bn | - | 801.00 Mn |
| 4 | M&T Bank | 34.65 Bn | 34.65 Bn | - | 818.00 Mn |
| 5 | Huntington Bancshares | 33.54 Bn | 29.02 Bn | - | 731.00 Mn |
| 6 | Citizens Financial | 29.26 Bn | 29.26 Bn | - | 587.00 Mn |
| 7 | Regions Financial | 25.45 Bn | 25.45 Bn | - | 570.00 Mn |
| 8 | First Citizens Bancshares | 24.52 Bn | 24.00 Bn | 29.00 Mn | 672.00 Mn |
| 9 | Keycorp | 23.24 Bn | -24.46 Bn | - | 508.00 Mn |
| 10 | First Merchants | 1.56 Bn | 1.56 Bn | 7.27 Mn | 43.98 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 43.98 Mn |
| Mar 31, 2026 | 28.16 Mn |
| Dec 31, 2025 | 57.07 Mn |
| Sep 30, 2025 | 56.77 Mn |
| Jun 30, 2025 | 56.83 Mn |
| Mar 31, 2025 | 55.34 Mn |
| Dec 31, 2024 | 64.35 Mn |
| Sep 30, 2024 | 49.19 Mn |
| Jun 30, 2024 | 39.93 Mn |
| Mar 31, 2024 | 47.94 Mn |
| Dec 31, 2023 | 42.48 Mn |
| Sep 30, 2023 | 56.37 Mn |
| Jun 30, 2023 | 60.86 Mn |
| Mar 31, 2023 | 64.08 Mn |
| Dec 31, 2022 | 70.76 Mn |
| Sep 30, 2022 | 63.75 Mn |
| Jun 30, 2022 | 38.99 Mn |
| Mar 31, 2022 | 48.59 Mn |
| Dec 31, 2021 | 47.73 Mn |
| Sep 30, 2021 | 52.77 Mn |