Company / Income Tax
FIRST MERCHANTS CORP Income Tax History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Income Tax
$33.1M
FY2025
5-year range
$30.3M / $35.4M
FY2021-FY2025
Trend
+9.2%
vs FY2024
Sector context
#242 of 392
Financials
What the data says
At $33M, FIRST MERCHANTS CORP's income tax ranks #151 of 392 in the Financials sector. Income Tax has fluctuated over the past 10 years, ranging from $21M in FY2020 to $38M in FY2017.
Based on SEC 10-K filings.
$33M in FY2025 with a 5-year CAGR of +9.1%.
Improved from $35M to $33M over the past 2 years.
Financials sector context is included.
Income Tax over time
Growth rates
- 3-Year CAGR
- -0.5%
- 5-Year CAGR
- +9.1%
- 10-Year CAGR
- -
Sector benchmark
#151 of 392 in FinancialsTop 38% of 392This company $33.1M Sector average $321.5M
▼
-89.7% below sector average
Key checks
Key Insights
- 5-year CAGR of +9.1%, indicating consistent growth.
- In FY2025, income tax increased 9.2% year-over-year.
- Ranks #242 out of 392 companies in the Financials sector.
- Peak income tax was recorded in FY2017.
Annual data
| Year | Income TaxValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $33.1M | +9.2% |
| FY2024 | $30.3M | -14.4% |
| FY2023 | $35.4M | +5.5% |
| FY2022 | $33.6M | -4.7% |
| FY2021 | $35.3M | +65.0% |
| FY2020 | $21.4M | -27.1% |
| FY2019 | $29.3M | +1.1% |
| FY2018 | $29.0M | -22.7% |
| FY2017 | $37.5M | +35.9% |
| FY2016 | $27.6M | +7.6% |
As of FY2025 · SEC 10-K · Updated Feb 28, 2026