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

First Merchants (FRMEP) Operating Income (2017 - 2026)

First Merchants (FRMEP) posted Operating Income 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) Operating Income (2017 - 2026) Analysis & Trends

First Merchants has reported Operating Income for 10 years, with the latest figure at -$108.1 million in Q2 2026.

  • On a quarterly basis, Operating Income 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.
  • Operating Income was -$108.1 million for Q2 2026 at First Merchants, up from -$117.0 million in the prior quarter.
  • The five-year high for Operating Income was -$65.7 million in Q1 2022, with the low at -$117.0 million in Q1 2026.
  • Average Operating Income 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: Operating Income tumbled 44.72% in 2022, then climbed 12.47% in 2024.
  • Over 5 years, Operating Income 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 Operating Income 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) Op. Inc (Qtr)
1 Banco Santander Chile 947.35 Bn 947.35 Bn - 40.42 Bn
2 Truist Financial 61.50 Bn 61.50 Bn - -
3 Fifth Third Bancorp 49.30 Bn 25.58 Bn - -
4 M&T Bank 34.65 Bn 34.65 Bn - -
5 Huntington Bancshares 33.54 Bn 29.02 Bn - -
6 Citizens Financial 29.26 Bn 29.26 Bn - -
7 Regions Financial 25.45 Bn 25.45 Bn - -
8 First Citizens Bancshares 24.52 Bn 24.00 Bn 29.00 Mn -1.52 Bn
9 Keycorp 23.24 Bn -24.46 Bn - -
10 First Merchants 1.56 Bn 1.56 Bn 7.27 Mn -108.08 Mn
Historic Data

Historic Data

Download Data
DateValue
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