Which has the lower trailing P/E, FBNC or MBINN?

MBINN has the lower trailing P/E: FBNC trades at 18.84 and MBINN at 3.77. P/E is one valuation measure and does not by itself establish which business is cheaper.

Which has grown faster, FBNC or MBINN?

Over the past five years, MBINN grew revenue faster — FBNC at a 5.97% CAGR versus MBINN at 23.60%.

Does FBNC or MBINN pay a bigger dividend?

FBNC yields 1.54% and MBINN yields 7.92% based on trailing dividends and the latest price.

Is FBNC or MBINN more profitable?

FBNC runs the higher net margin — FBNC at 31.13% versus MBINN at 20.51%.

How have FBNC and MBINN total returns compared?

Over the past 5 years, FBNC delivered 9.41% and MBINN delivered 0.54% annualized total return. Past performance doesn't predict future results.

First Bancorp (FBNC) vs Merchants Bancorp (MBINN)

A side-by-side comparison of First Bancorp and Merchants Bancorp 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.

FBNC

First Bancorp

$2.51B

$60.68Financial ServicesDelayed quote: Oct 6, 2026, 11:05 AM EDT

MBINN

Merchants Bancorp

$2.37B

$18.78Financial ServicesDelayed quote: Oct 6, 2026, 11:03 AM EDT

Total return — FBNC vs MBINN

growth of $100 · dividends reinvested · last 6y

FBNC +53.1% (+7.4%/yr)MBINN +11.5% (+1.8%/yr)FBNC compounded faster over this window

FBNC MBINN

FBNC vs MBINN: by the numbers

•FBNC is the larger company ($2.51B vs $2.37B market cap).
•MBINN trades at the lower trailing earnings multiple (3.77 vs 18.84 P/E), one valuation lens rather than an overall verdict.
•FBNC converts more revenue to profit (31.13% vs 20.51% net margin).
•MBINN grew revenue faster over the past five years (23.60% vs 5.97% CAGR).
•MBINN pays the higher dividend yield (7.92% vs 1.54%).

Metrics side by side

Valuation

Metric	FBNC	MBINN
P/E ratio	18.84	3.77
Forward P/E	13.34	3.37
P/S ratio	5.87	1.81
P/B ratio	1.46	1.29

Profitability

Metric	FBNC	MBINN
Operating margin	26.56%	21.15%
Net margin	31.13%	20.51%
ROE	7.76%	11.22%

First Bancorp: 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.

Merchants Bancorp: 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	FBNC	MBINN
Dividend yield	1.54%	7.92%
Payout ratio	29.50%	30.12%

Growth (annualized)

Metric	FBNC	MBINN
Revenue CAGR (5Y)	5.97%	23.60%
EPS CAGR (5Y)	-1.22%	-0.37%
Total return CAGR (5Y)	9.41%	0.54%

Frequently asked

Which has the lower trailing P/E, FBNC or MBINN?: MBINN has the lower trailing P/E: FBNC trades at 18.84 and MBINN at 3.77. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, FBNC or MBINN?: Over the past five years, MBINN grew revenue faster — FBNC at a 5.97% CAGR versus MBINN at 23.60%.
Does FBNC or MBINN pay a bigger dividend?: FBNC yields 1.54% and MBINN yields 7.92% based on trailing dividends and the latest price.
Is FBNC or MBINN more profitable?: FBNC runs the higher net margin — FBNC at 31.13% versus MBINN at 20.51%.
How have FBNC and MBINN total returns compared?: Over the past 5 years, FBNC delivered 9.41% and MBINN delivered 0.54% annualized total return. Past performance doesn't predict future results.

Go deeper

Full FBNC analysis Full MBINN analysis Interactive comparison tool

Dig into the metrics

First Bancorp P/E ratio Merchants Bancorp P/E ratio First Bancorp dividend yield Merchants Bancorp dividend yield First Bancorp ROE Merchants Bancorp ROE First Bancorp operating margin Merchants Bancorp operating margin First Bancorp revenue growth Merchants Bancorp revenue growth

First Bancorp & Merchants Bancorp appear in these rankings

Highest Dividend Yield Stocks Fastest Revenue Growth Stocks Highest 10-Year Total Return Stocks Lowest P/E Ratio Stocks

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.