First Merchants Corporation (FRME) vs First Merchants Corporation (FRMEP)

A side-by-side comparison of First Merchants Corporation 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.

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Note: FRME and FRMEP are two share classes of the same company (First Merchants Corporation), so their fundamentals are effectively identical. The figures below are shown side by side for reference. The main differences are voting rights and share price.

Total return — FRME vs FRMEP

growth of $100 · dividends reinvested · last 6y
FRME +84.0% (+10.7%/yr)FRMEP +56.3% (+7.7%/yr)FRME compounded faster over this window
100150200Start $100202120222023202420252026$184$156
FRME FRMEP

Metrics side by side

Valuation

MetricFRMEFRMEP
P/E ratio12.678.09
Forward P/E12.217.79
PEG ratio1.761.12
P/S ratio2.292.57
P/B ratio0.931.05

Profitability

MetricFRMEFRMEP
Operating margin18.95%18.95%
Net margin17.08%17.08%
ROE6.89%6.89%

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.

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

MetricFRMEFRMEP
Dividend yield3.67%7.42%
Payout ratio46.65%59.91%

Growth (annualized)

MetricFRMEFRMEP
Revenue CAGR (5Y)14.59%14.59%
EPS CAGR (5Y)7.24%7.24%
Total return CAGR (5Y)2.27%5.75%

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.