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.
Total return — AMSF vs FRBA
growth of $100 · dividends reinvested · last 10yAMSF 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
| Metric | AMSF | FRBA |
|---|---|---|
| P/E ratio | 9.39 | 10.47 |
| Forward P/E | 11.79 | 10.94 |
| PEG ratio | N/A | 0.84 |
| P/S ratio | 1.30 | 1.81 |
| P/B ratio | 1.74 | 0.98 |
Profitability
| Metric | AMSF | FRBA |
|---|---|---|
| Operating margin | 18.55% | 22.93% |
| Net margin | 14.00% | 17.31% |
| ROE | 18.79% | 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
| Metric | AMSF | FRBA |
|---|---|---|
| Dividend yield | 11.25% | 1.87% |
| Payout ratio | 105.65% | 19.53% |
Growth (annualized)
| Metric | AMSF | FRBA |
|---|---|---|
| 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.
Go deeper
Dig into the metrics
AMERISAFE & First Bank appear in these rankings
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.