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

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

First Merchants (FRMEP) posted Operating Margin of 1121.38% for Q2 2026, up 6.36% on a QoQ basis from 1197.56% in Q1 2026, and down 13889.0% year-over-year from N/an in Q2 2025.

Analysis

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

First Merchants has reported Operating Margin for 10 years, with the latest figure at 1121.38% in Q2 2026.

  • On a quarterly basis, Operating Margin fell 13889.0% year-over-year to 1121.38% in Q2 2026; TTM through Jun 2026 was 1086.58%, a 7541.0% decrease from a year earlier, with the FY2025 full-year figure at 999.9%, up 3017.0% from the prior year.
  • Operating Margin was 1121.38% for Q2 2026 at First Merchants, up from 1197.56% in the prior quarter.
  • The five-year high for Operating Margin was 896.47% in Q1 2022, with the low at 1339.62% in Q4 2023.
  • Average Operating Margin over 5 years is 1087.42%, with a median of 1097.98% recorded in 2023.
  • The sharpest annual moves came in 2022 and 2024: Operating Margin sank 37420 bps in 2022, then soared 29858 bps in 2024.
  • Over 5 years, Operating Margin stood at 1137.91% in 2022, then declined by 18 bps to 1339.62% in 2023, then rose by 22 bps to 1041.04% in 2024, then gained by 3 bps to 1010.04% in 2025, then dropped by 11 bps to 1121.38% in 2026.
  • The last three Operating Margin figures came in at 1121.38% (Q2 2026), 1197.56% (Q1 2026), and 1010.04% (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Operating Margin (Qtr)
1 Banco Santander Chile 947.35 Bn 947.35 Bn - -
2 Truist Financial 61.57 Bn 61.57 Bn - -
3 Fifth Third Bancorp 49.31 Bn 25.58 Bn - -
4 M&T Bank 34.69 Bn 34.69 Bn - -
5 Huntington Bancshares 33.55 Bn 29.03 Bn - -
6 Citizens Financial 29.28 Bn 29.28 Bn - -
7 Regions Financial 25.47 Bn 25.47 Bn - -
8 First Citizens Bancshares 24.52 Bn 24.00 Bn 29.00 Mn -2,056.76%
9 Keycorp 23.26 Bn -24.44 Bn - -
10 First Merchants 1.56 Bn 1.56 Bn 7.27 Mn -1,121.38%
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 -1,121.38%
Mar 31, 2026 -1,197.56%
Dec 31, 2025 -1,010.04%
Sep 30, 2025 -1,006.17%
Jun 30, 2025 -982.49%
Mar 31, 2025 -990.41%
Dec 31, 2024 -1,041.04%
Sep 30, 2024 -1,031.55%
Jun 30, 2024 -955.93%
Mar 31, 2024 -1,096.74%
Dec 31, 2023 -1,339.62%
Sep 30, 2023 -1,106.56%
Jun 30, 2023 -1,099.22%
Mar 31, 2023 -1,108.71%
Dec 31, 2022 -1,137.91%
Sep 30, 2022 -1,267.94%
Jun 30, 2022 -1,183.84%
Mar 31, 2022 -896.47%
Dec 31, 2021 -949.39%
Sep 30, 2021 -893.74%