First Merchants (FRMEP) Net Margin (2010 - 2026)
First Merchants (FRMEP) posted Net Margin of 451.45% for Q2 2026, up 59.27% on a QoQ basis from 283.45% in Q1 2026, and down 18679.0% year-over-year from N/an in Q2 2025.
Analysis
First Merchants (FRMEP) Net Margin (2010 - 2026) Analysis & Trends
First Merchants has reported Net Margin for 17 years, with the latest figure at 451.45% in Q2 2026.
- On a quarterly basis, Net Margin fell 18679.0% year-over-year to 451.45% in Q2 2026; TTM through Jun 2026 was 490.88%, a 15482.0% decrease from a year earlier, with the FY2025 full-year figure at 631.48%, up 4833.0% from the prior year.
- Net Margin was 451.45% for Q2 2026 at First Merchants, up from 283.45% in the prior quarter.
- The five-year high for Net Margin was 937.1% in Q4 2022, with the low at 283.45% in Q1 2026.
- Average Net Margin over 5 years is 633.15%, with a median of 632.92% recorded in 2025.
- The largest YoY upside for Net Margin was 27204 bps in 2023 against a maximum downside of 39102 bps in 2023.
- Over 5 years, Net Margin stood at 937.1% in 2022, then sank by 42 bps to 546.08% in 2023, then jumped by 35 bps to 737.22% in 2024, then declined by 16 bps to 616.85% in 2025, then retreated by 27 bps to 451.45% in 2026.
- The last three Net Margin figures came in at 451.45% (Q2 2026), 283.45% (Q1 2026), and 616.85% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Banco Santander Chile | 947.35 Bn | 947.35 Bn | - | - |
| 2 | Truist Financial | 61.57 Bn | 61.57 Bn | - | 28.85% |
| 3 | Fifth Third Bancorp | 49.31 Bn | 25.58 Bn | - | 23.30% |
| 4 | M&T Bank | 34.69 Bn | 34.69 Bn | - | 30.85% |
| 5 | Huntington Bancshares | 33.55 Bn | 29.03 Bn | - | 24.18% |
| 6 | Citizens Financial | 29.28 Bn | 29.28 Bn | - | 24.27% |
| 7 | Regions Financial | 25.47 Bn | 25.47 Bn | - | 28.79% |
| 8 | First Citizens Bancshares | 24.52 Bn | 24.00 Bn | 29.00 Mn | 864.86% |
| 9 | Keycorp | 23.26 Bn | -24.44 Bn | - | 24.18% |
| 10 | First Merchants | 1.56 Bn | 1.56 Bn | 7.27 Mn | 451.45% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 451.45% |
| Mar 31, 2026 | 283.45% |
| Dec 31, 2025 | 616.85% |
| Sep 30, 2025 | 631.06% |
| Jun 30, 2025 | 638.24% |
| Mar 31, 2025 | 634.78% |
| Dec 31, 2024 | 737.22% |
| Sep 30, 2024 | 571.48% |
| Jun 30, 2024 | 447.09% |
| Mar 31, 2024 | 578.93% |
| Dec 31, 2023 | 546.08% |
| Sep 30, 2023 | 700.92% |
| Jun 30, 2023 | 772.98% |
| Mar 31, 2023 | 809.08% |
| Dec 31, 2022 | 937.10% |
| Sep 30, 2022 | 876.37% |
| Jun 30, 2022 | 500.94% |
| Mar 31, 2022 | 662.66% |
| Dec 31, 2021 | 674.39% |
| Sep 30, 2021 | 717.76% |