Brighthouse Financial, Inc. (BHF) vs First Merchants Corporation (FRMEP)
A side-by-side comparison of Brighthouse Financial, Inc. and First Merchants Corporation 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 — BHF vs FRMEP
growth of $100 · dividends reinvested · last 6yBHF vs FRMEP: by the numbers
- •BHF is the larger company ($2.86B vs $2.79B market cap).
- •BHF trades at the lower trailing earnings multiple (3.93 vs 8.07 P/E), one valuation lens rather than an overall verdict.
- •FRMEP converts more revenue to profit (17.08% vs 13.22% net margin).
- •FRMEP grew revenue faster over the past five years (14.59% vs -5.56% CAGR).
- •FRMEP pays a dividend (7.42% yield), while BHF has no payments in the available dividend history.
Metrics side by side
Valuation
| Metric | BHF | FRMEP |
|---|---|---|
| P/E ratio | 3.93 | 8.07 |
| Forward P/E | 2.52 | 7.78 |
| PEG ratio | N/A | 1.12 |
| P/S ratio | 0.46 | 2.57 |
| P/B ratio | 0.44 | 1.05 |
Profitability
| Metric | BHF | FRMEP |
|---|---|---|
| Operating margin | 15.52% | 18.95% |
| Net margin | 13.22% | 17.08% |
| ROE | 12.69% | 6.89% |
Brighthouse Financial, 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 Merchants Corporation: 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 | BHF | FRMEP |
|---|---|---|
| Dividend yield | N/A | 7.42% |
| Payout ratio | N/A | 59.91% |
Growth (annualized)
| Metric | BHF | FRMEP |
|---|---|---|
| Revenue CAGR (5Y) | -5.56% | 14.59% |
| EPS CAGR (5Y) | N/A | 7.24% |
| Total return CAGR (5Y) | 1.02% | 5.75% |
Frequently asked
- Which has the lower trailing P/E, BHF or FRMEP?
- BHF has the lower trailing P/E: BHF trades at 3.93 and FRMEP at 8.07. P/E is one valuation measure and does not by itself establish which business is cheaper.
- Which has grown faster, BHF or FRMEP?
- Over the past five years, FRMEP grew revenue faster — BHF at a -5.56% CAGR versus FRMEP at 14.59%.
- Does BHF or FRMEP pay a bigger dividend?
- FRMEP pays a dividend (7.42% yield), while BHF has no payments in the available dividend history.
- Is BHF or FRMEP more profitable?
- FRMEP runs the higher net margin — BHF at 13.22% versus FRMEP at 17.08%.
- How have BHF and FRMEP total returns compared?
- Over the past 5 years, BHF delivered 1.02% and FRMEP delivered 5.75% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Brighthouse Financial & First Merchants 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.