Stocks / FBNC vs FRME

FBNC vs FRME: Which Stock Is the Better Buy?

First Bancorp and First Merchants Corporation side by side — fundamentals from SEC filings, refreshed nightly. Sector: Financial Services.

FRME is the larger company ($2.6B vs $2.5B). On the fundamentals, FRME earns a higher net margin (34.1% vs 24.2%); FRME has the stronger return on equity (9.2% vs 6.7%); FRME trades cheaper on earnings (12.2× vs 20.7×). On the filings, FRME carries fewer potential red flags (0 vs 2). Full numbers below — the stronger figure on each row is in green.

AI verdict — FBNC vs FRME, read from the filings

The stronger business, the cheaper stock, and the risks — synthesised from both companies’ SEC filings, every figure computed not guessed. Not investment advice.

 First Bancorp (FBNC)First Merchants Corporation (FRME)
Market cap$2.5B$2.6B
Revenue (latest FY)$458.73M$662.95M
Net income (latest FY)$111.05M$226.00M
Revenue growth (5y CAGR)
Net margin24.2%34.1%
Return on equity6.7%9.2%
P/E ratio20.712.2
Dividend yield1.6%3.6%
Profitable years (of last 10)1010
Positive free cash flowYes

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Use the filing period and source shown by each tool before treating two figures as comparable.

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See the full FBNC vs FRME breakdown

Both companies across 19 years of income statement, balance sheet and cash flow — with ratios, health checks and Ask, the SEC-grounded research assistant. Free, no account needed.

Open FBNC's full financials →   Open FRME's full financials →

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Frequently asked questions

Which is bigger, FBNC or FRME?

First Merchants Corporation is larger by market capitalization — $2.6B versus $2.5B.

Which grows faster, FBNC or FRME?

Five-year growth data is not available for both companies.

Where does this data come from?

All figures are computed from official SEC filings (10-K), refreshed nightly. This is a data comparison, not investment advice.

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