Superworth

First Merchants profit margin FRME

Gross, operating and net profit as a share of revenue over the last twelve months, from 2011.

Net margin, 12 months
26.9%
Net margin on a year earlier
−7.4 pts
Peer median
29.7%

Over the twelve months to Jun 30, 2026, First Merchants kept 26.9% of its revenue as net profit.

Five years earlier its net margin was 36.6%.

The median for 10 diversified banks of a similar size is 29.7%.

Profit margin over time

Net

Open the interactive chart, with overlays and comparisons

Fiscal year by fiscal year

Fiscal yearNet margin
FY202534.1%
FY202431.1%
FY202334.4%
FY202235.4%
FY202139.5%
FY202030.2%
FY201937.1%
FY201838.3%
FY201727.6%
FY201627.8%
FY201524.6%
FY201423.7%
FY201321.3%
FY201220.8%
FY201113.1%

Quarter by quarter

QuarterEndedNet margin, 12 monthsChange on a year
Q2 FY2626.9%−7.4 pts
Q1 FY2630.1%−1.8 pts
Q4 FY2534.1%+2.9 pts
Q3 FY2534.9%+6.3 pts
Q2 FY2534.3%+4.7 pts
Q1 FY2532.0%−0.7 pts
Q4 FY2431.1%−3.2 pts
Q3 FY2428.7%−9.1 pts
Q2 FY2429.6%−8.8 pts
Q1 FY2432.7%−2.8 pts
Q4 FY2334.4%−1.0 pts
Q3 FY2337.8%+3.6 pts

Against its peers

Companies in Banks - Diversified nearest First Merchants' size, closest first, today.

CompanyProfit margin
FRMEFirst Merchants26.9%
TRMKTrustmark28.7%
NBTBNBT Bancorp28.8%
WAFDWafd32.8%
FCFFirst Commonwealth Financial30.8%
TBBKBancorp34.5%
CHCOCity40.9%
CBUCommunity Financial System26.6%
PRKPark National30.5%
FFBCFirst Financial Bancorp28.3%
DCOMDime Commercial Bancshares26.3%
Peer median29.7%

Where First Merchants ranks

What the profit margin tells you

Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).

Compare within an industry. 10% is superb for a retailer and poor for a software company.

More on First Merchants

Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.