First Merchants Operating Margin 2012-2026 | FRME

Current and historical operating margin for First Merchants (FRME) over the last 10 years. The current operating profit margin for First Merchants as of March 31, 2026 is 21.54%.
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First Merchants Operating Margin Historical Data
Date TTM Revenue TTM Operating Income Operating Margin
2026-03-31 $1.05B $0.22B 21.06%
2025-12-31 $1.05B $0.26B 24.50%
2025-09-30 $1.06B $0.27B 25.50%
2025-06-30 $1.06B $0.26B 24.69%
2025-03-31 $1.06B $0.24B 22.56%
2024-12-31 $1.07B $0.23B 21.60%
2024-09-30 $1.06B $0.20B 19.06%
2024-06-30 $1.05B $0.21B 20.08%
2024-03-31 $1.03B $0.24B 23.18%
2023-12-31 $1.00B $0.26B 25.93%
2023-09-30 $0.95B $0.30B 31.02%
2023-06-30 $0.89B $0.30B 34.27%
2023-03-31 $0.81B $0.28B 34.03%
2022-12-31 $0.71B $0.26B 35.96%
2022-09-30 $0.63B $0.23B 36.02%
2022-06-30 $0.58B $0.22B 37.11%
2022-03-31 $0.56B $0.24B 42.91%
2021-12-31 $0.56B $0.24B 43.35%
2021-09-30 $0.56B $0.24B 42.60%
2021-06-30 $0.55B $0.22B 39.75%
2021-03-31 $0.54B $0.19B 35.17%
2020-12-31 $0.56B $0.17B 30.59%
2020-09-30 $0.57B $0.17B 30.63%
2020-06-30 $0.58B $0.18B 30.38%
2020-03-31 $0.57B $0.19B 32.40%
2019-12-31 $0.55B $0.19B 35.14%
2019-09-30 $0.53B $0.19B 35.09%
2019-06-30 $0.51B $0.19B 37.55%
2019-03-31 $0.50B $0.19B 38.48%
2018-12-31 $0.48B $0.19B 39.05%
2018-09-30 $0.47B $0.18B 38.92%
2018-06-30 $0.45B $0.16B 36.63%
2018-03-31 $0.42B $0.15B 35.10%
2017-12-31 $0.39B $0.13B 34.46%
2017-09-30 $0.36B $0.12B 34.36%
2017-06-30 $0.34B $0.12B 35.82%
2017-03-31 $0.32B $0.12B 35.80%
2016-12-31 $0.32B $0.11B 34.28%
2016-09-30 $0.31B $0.10B 31.92%
2016-06-30 $0.30B $0.09B 31.10%
2016-03-31 $0.30B $0.09B 31.10%
2015-12-31 $0.29B $0.09B 31.62%
2015-09-30 $0.29B $0.09B 32.87%
2015-06-30 $0.29B $0.09B 32.28%
2015-03-31 $0.27B $0.09B 31.39%
2014-12-31 $0.27B $0.08B 30.26%
2014-09-30 $0.27B $0.08B 28.73%
2014-06-30 $0.25B $0.07B 27.31%
2014-03-31 $0.24B $0.06B 26.27%
2013-12-31 $0.23B $0.06B 26.75%
2013-09-30 $0.22B $0.06B 26.01%
2013-06-30 $0.23B $0.06B 26.09%
2013-03-31 $0.23B $0.06B 24.57%
2012-12-31 $0.24B $0.06B 25.00%
2012-09-30 $0.24B $0.06B 23.75%
2012-06-30 $0.24B $0.05B 21.43%
2012-03-31 $0.24B $0.05B 19.33%
2011-12-31 $0.23B $0.03B 14.78%
2011-09-30 $0.24B $0.03B 11.91%
2011-06-30 $0.24B $0.02B 8.44%
2011-03-31 $0.24B $0.01B 4.56%
2010-12-31 $0.25B $0.00B 1.61%
2010-09-30 $0.25B $-0.01B -3.60%
2010-06-30 $0.26B $-0.02B -7.22%
2010-03-31 $0.27B $-0.06B -23.44%
2009-12-31 $0.28B $-0.06B -21.20%
2009-09-30 $0.28B $-0.05B -17.20%
2009-06-30 $0.27B $-0.03B -11.48%
2009-03-31 $0.26B $0.03B 9.51%
2008-12-31 $0.26B $0.03B 12.16%
2008-09-30 $0.26B $0.04B 15.53%
2008-06-30 $0.27B $0.05B 16.67%
2008-03-31 $0.27B $0.05B 16.85%
2007-12-31 $0.27B $0.05B 16.97%
2007-09-30 $0.27B $0.05B 19.55%
2007-06-30 $0.26B $0.05B 19.69%
2007-03-31 $0.25B $0.05B 20.72%
2006-12-31 $0.24B $0.05B 21.40%
2006-09-30 $0.23B $0.05B 22.65%
2006-06-30 $0.23B $0.05B 24.00%
2006-03-31 $0.22B $0.06B 25.23%
2005-12-31 $0.21B $0.05B 25.12%
2005-09-30 $0.21B $0.03B 14.56%
2005-06-30 $0.20B $0.03B 14.50%
2005-03-31 $0.20B $0.03B 14.36%
2004-12-31 $0.19B $0.05B 26.70%
2004-09-30 $0.19B $0.09B 45.99%
2004-06-30 $0.19B $0.11B 57.75%
2004-03-31 $0.19B $0.13B 69.11%
2003-12-31 $0.19B $0.13B 67.71%
2003-09-30 $0.19B $0.13B 66.15%
2003-06-30 $0.19B $0.13B 65.10%
2003-03-31 $0.19B $0.12B 64.36%
2002-12-31 $0.17B $0.11B 64.37%
2002-09-30 $0.16B $0.10B 64.20%
2002-06-30 $0.15B $0.09B 62.67%
2002-03-31 $0.14B $0.08B 59.85%
2001-12-31 $0.14B $0.08B 57.25%
2001-09-30 $0.14B $0.07B 46.43%
2001-06-30 $0.14B $0.06B 44.60%
2001-03-31 $0.14B $0.06B 43.80%
2000-12-31 $0.13B $0.06B 43.61%
2000-09-30 $0.13B $0.06B 45.80%
2000-06-30 $0.13B $0.05B 39.20%
2000-03-31 $0.12B $0.04B 31.97%
1999-12-31 $0.12B $0.03B 25.22%
1999-09-30 $0.11B $0.03B 24.76%
1999-06-30 $0.10B $0.03B 25.25%
1999-03-31 $0.09B $0.02B 26.09%
1998-12-31 $0.09B $0.02B 26.37%
1998-06-30 $0.07B $0.03B 38.46%
1998-03-31 $0.06B $0.03B 39.06%
1997-09-30 $0.07B $0.03B 50.77%
1997-06-30 $0.06B $0.03B 40.63%
1997-03-31 $0.06B $0.03B 48.39%
1996-12-31 $0.08B $0.04B 46.91%
1996-09-30 $0.07B $0.03B 38.36%
1996-06-30 $0.07B $0.03B 38.24%
1996-03-31 $0.06B $0.02B 31.75%
1995-12-31 $0.06B $0.02B 28.07%
1995-09-30 $0.05B $0.01B 26.42%
1995-06-30 $0.05B $0.01B 25.49%
1995-03-31 $0.05B $0.01B 26.53%
1994-12-31 $0.05B $0.01B 25.00%
1994-09-30 $0.05B $0.01B 25.53%
1994-06-30 $0.05B $0.01B 26.09%
1994-03-31 $0.05B $0.01B 25.53%
1993-09-30 $0.04B $0.00B 2.70%
1993-06-30 $0.04B $0.00B 2.63%
1992-12-31 $0.05B $0.01B 23.53%
1992-09-30 $0.05B $0.01B 20.75%
1992-06-30 $0.05B $0.01B 20.37%
1992-03-31 $0.05B $0.01B 18.52%
1991-12-31 $0.05B $0.01B 18.52%
1991-09-30 $0.05B $0.01B 18.87%
1991-06-30 $0.05B $0.01B 17.31%
1991-03-31 $0.05B $0.01B 17.31%
1990-12-31 $0.05B $0.01B 15.38%
1990-09-30 $0.05B $0.01B 15.38%
1990-06-30 $0.05B $0.01B 15.38%
1990-03-31 $0.05B $0.01B 15.38%
1989-12-31 $0.05B $0.01B 15.69%
1989-09-30 $0.05B $0.01B 16.33%
1989-06-30 $0.05B $0.01B 17.39%
1989-03-31 $0.04B $0.01B 19.05%
1988-12-31 $0.04B $0.01B 17.95%
1988-09-30 $0.04B $0.01B 15.79%
1988-06-30 $0.04B $0.01B 13.51%
1988-03-31 $0.04B $0.00B 10.81%
1987-12-31 $0.04B $0.00B 11.11%
Sector Industry Market Cap Revenue
Finance Banks - Midwest $2.601B $1.052B
FIRST MERCHANTS CORP. is a bank holding company engaged in conducting commercial banking business through the offices of its banking subsidiaries.
Stock Name Country Market Cap PE Ratio
Huntington Bancshares (HBAN) United States $33.368B 10.99
Wintrust Financial (WTFC) United States $9.840B 12.49
UMB Financial (UMBF) United States $9.154B 10.62
Old National Bancorp (ONB) United States $9.075B 10.73
Commerce Bancshares (CBSH) United States $7.414B 12.05
Associated Banc-Corp (ASB) United States $4.543B 9.92
First Interstate BancSystem (FIBK) United States $3.441B 11.54
First Financial Bancorp (FFBC) United States $3.074B 10.03
First Busey (BUSE) United States $2.280B 10.58
Enterprise Financial Services (EFSC) United States $2.132B 11.04
1st Source (SRCE) United States $1.798B 11.53
German American Bancorp (GABC) United States $1.652B 12.48
Lakeland Financial (LKFN) United States $1.538B 15.18
QCR Holdings (QCRH) United States $1.520B 11.88
Peoples Bancorp (PEBO) United States $1.232B 11.00
Old Second Bancorp (OSBC) United States $1.103B 10.45
FirstSun Capital Bancorp (FSUN) United States $1.052B 10.67
MidWestOne Financial (MOFG) United States $1.017B 17.24
Mercantile Bank (MBWM) United States $0.924B 9.80
First Financial Indiana (THFF) United States $0.795B 10.01
Independent Bank (IBCP) United States $0.714B 10.57
Civista Bancshares (CIVB) United States $0.593B 8.75
Farmers National Banc (FMNB) United States $0.524B 8.79
First Business Financial Services (FBIZ) United States $0.489B 9.85
Ames National (ATLO) United States $0.260B 13.69
First Western Financial (MYFW) United States $0.258B 19.62
Ohio Valley Banc (OVBC) United States $0.215B 13.77
Eagle Bancorp Montana (EBMT) United States $0.175B 11.66
CSB Bancorp (CSBB) United States $0.163B 12.25
BNCCORP (BNCC) United States $0.124B 14.07
United Bancshares (UBOH) United States $0.103B 9.22
United Bancorp (UBCP) United States $0.093B 12.10
Solera National Bancorp (SLRK) United States $0.082B 3.55
Central Plains Bancshares (CPBI) United States $0.075B 17.20
Commercial National Financial (CEFC) United States $0.056B 8.44