AMERISAFE, Inc. (AMSF) vs First Bank (FRBA)

A side-by-side comparison of AMERISAFE, Inc. and First Bank across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of October 6, 2026. Differences are shown without an overall score or investment verdict.

Compare

Total return — AMSF vs FRBA

growth of $100 · dividends reinvested · last 10y
AMSF -25.5% (-2.9%/yr)FRBA +145.7% (+9.4%/yr)FRBA compounded faster over this window
100150200250Start $10020182020202220242026$75$246
AMSF FRBA

AMSF vs FRBA: by the numbers

  • •FRBA is the larger company ($445M vs $435M market cap).
  • •AMSF trades at the lower trailing earnings multiple (9.39 vs 10.47 P/E), one valuation lens rather than an overall verdict.
  • •FRBA converts more revenue to profit (17.31% vs 14.00% net margin).
  • •FRBA grew revenue faster over the past five years (20.37% vs -0.02% CAGR).
  • •AMSF pays the higher dividend yield (11.25% vs 1.87%).

Metrics side by side

Valuation

MetricAMSFFRBA
P/E ratio9.3910.47
Forward P/E11.7910.94
PEG ratioN/A0.84
P/S ratio1.301.81
P/B ratio1.740.98

Profitability

MetricAMSFFRBA
Operating margin18.55%22.93%
Net margin14.00%17.31%
ROE18.79%9.39%

AMERISAFE, Inc.: Gross margin is not shown for a lender or insurer: its revenue is interest, premiums and fees rather than the sale of goods, so there is no cost of goods sold to measure it against.

First Bank: Gross margin is not shown for a lender or insurer: its revenue is interest, premiums and fees rather than the sale of goods, so there is no cost of goods sold to measure it against.

Dividends

MetricAMSFFRBA
Dividend yield11.25%1.87%
Payout ratio105.65%19.53%

Growth (annualized)

MetricAMSFFRBA
Revenue CAGR (5Y)-0.02%20.37%
EPS CAGR (5Y)-11.20%12.30%
Total return CAGR (5Y)-9.78%6.03%

Frequently asked

Which has the lower trailing P/E, AMSF or FRBA?
AMSF has the lower trailing P/E: AMSF trades at 9.39 and FRBA at 10.47. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, AMSF or FRBA?
Over the past five years, FRBA grew revenue faster — AMSF at a -0.02% CAGR versus FRBA at 20.37%.
Does AMSF or FRBA pay a bigger dividend?
AMSF yields 11.25% and FRBA yields 1.87% based on trailing dividends and the latest price.
Is AMSF or FRBA more profitable?
FRBA runs the higher net margin — AMSF at 14.00% versus FRBA at 17.31%.
How have AMSF and FRBA total returns compared?
Over the past 10 years, AMSF delivered -2.95% and FRBA delivered 9.27% annualized total return. Past performance doesn't predict future results.

Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified October 6, 2026.