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

First Merchants (FRMEP) Tax Provisions (2010 - 2026)

First Merchants (FRMEP) posted Tax Provisions of $3.8 million for Q2 2026, up 452.67% on a QoQ basis from -$1.1 million in Q1 2026, and down 54.51% year-over-year from $8.3 million in Q2 2025.

Analysis

First Merchants (FRMEP) Tax Provisions (2010 - 2026) Analysis & Trends

First Merchants has reported Tax Provisions for 17 years, with the latest figure at $3.8 million in Q2 2026.

  • On a quarterly basis, Tax Provisions fell 54.51% year-over-year to $3.8 million in Q2 2026; TTM through Jun 2026 was $19.6 million, a 44.8% decrease from a year earlier, with the FY2025 full-year figure at $33.1 million, up 9.19% from the prior year.
  • Tax Provisions was $3.8 million for Q2 2026 at First Merchants, up from -$1.1 million in the prior quarter.
  • The five-year high for Tax Provisions was $12.6 million in Q4 2022, with the low at -$1.1 million in Q1 2026.
  • Average Tax Provisions over 5 years is $7.5 million, with a median of $8.1 million recorded in 2025.
  • The sharpest annual moves came in 2024 and 2026: Tax Provisions surged 177.38% in 2024, then slumped 113.57% in 2026.
  • Over 5 years, Tax Provisions stood at $12.6 million in 2022, then tumbled by 65.01% to $4.4 million in 2023, then soared by 177.38% to $12.3 million in 2024, then tumbled by 31.29% to $8.4 million in 2025, then plunged by 55.29% to $3.8 million in 2026.
  • The last three Tax Provisions figures came in at $3.8 million (Q2 2026), -$1.1 million (Q1 2026), and $8.4 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Taxes (Qtr)
1 Banco Santander Chile 948.29 Bn 948.29 Bn - -51.13 Bn
2 Truist Financial 61.53 Bn 61.53 Bn - 262.00 Mn
3 Fifth Third Bancorp 49.26 Bn 25.54 Bn - 235.00 Mn
4 M&T Bank 34.65 Bn 34.65 Bn - 245.00 Mn
5 Huntington Bancshares 33.52 Bn 29.00 Bn - 165.00 Mn
6 Citizens Financial 29.29 Bn 29.29 Bn - 168.00 Mn
7 Regions Financial 25.43 Bn 25.43 Bn - 148.00 Mn
8 First Citizens Bancshares 24.48 Bn 23.96 Bn 29.00 Mn 219.00 Mn
9 Keycorp 23.20 Bn -24.50 Bn - 139.00 Mn
10 First Merchants 1.56 Bn 1.56 Bn 7.27 Mn 3.77 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 3.77 Mn
Mar 31, 2026 -1.07 Mn
Dec 31, 2025 8.43 Mn
Sep 30, 2025 8.52 Mn
Jun 30, 2025 8.29 Mn
Mar 31, 2025 7.88 Mn
Dec 31, 2024 12.27 Mn
Sep 30, 2024 7.16 Mn
Jun 30, 2024 4.07 Mn
Mar 31, 2024 6.83 Mn
Dec 31, 2023 4.43 Mn
Sep 30, 2023 9.01 Mn
Jun 30, 2023 10.70 Mn
Mar 31, 2023 11.32 Mn
Dec 31, 2022 12.65 Mn
Sep 30, 2022 9.79 Mn
Jun 30, 2022 3.88 Mn
Mar 31, 2022 7.27 Mn
Dec 31, 2021 6.95 Mn
Sep 30, 2021 9.06 Mn