First Merchants vs Bank of N.T. Butterfield & Son
FRME and NTB side by side, both in commercial banks. Figures are trailing twelve months unless noted, from SEC filings and end-of-day prices.
How FRME and NTB compare
First Merchants grew revenue faster over the last twelve months (8.5% versus 4.6% for Bank of N.T. Butterfield & Son).
Bank of N.T. Butterfield & Son keeps more of each dollar of sales as profit, with a net margin of 38.2% compared with 27.3% at First Merchants.
First Merchants pays a dividend yielding 3.6%; Bank of N.T. Butterfield & Son does not pay one.
First Merchants scores higher on the StockData Score (11 against 8 for Bank of N.T. Butterfield & Son), which adds up 30 checks on valuation, growth, past performance, financial health and dividends.
Key numbers
A dot marks the better figure where higher or lower is clearly better.
| Metric | FRME | NTB |
|---|---|---|
| Size and price | ||
| Market cap | $2.6B | – |
| Share price | $40.90 | $56.67 |
| Change, 1 year | 14.0% | 23.0% |
| Change, 5 years | −1.7% | 46.4% |
| Beta (5Y) | 0.68 | 0.73 |
| Employees | 2,086 | 31 |
| StockData Score | ||
| Total score | 11 (better) | 8 |
| Valuation score | 3 (better) | 0 |
| Growth score | 0 | 0 |
| Performance score | 1 | 6 (better) |
| Health score | 4 (better) | 2 |
| Dividend score | 3 (better) | 0 |
| Valuation | ||
| P/E | 12.7× | – |
| P/S | 3.5× | – |
| P/B | 1.0× | – |
| PEG | 20.80 | – |
| Fair value | $41.97 | – |
| Margin of safety | 2.5% | – |
| Growth | ||
| Revenue growth (TTM) | 8.5% (better) | 4.6% |
| Revenue growth, 5Y average | 6.1% (better) | 4.2% |
| Net income growth (TTM) | −15.3% | 7.2% (better) |
| EPS growth (TTM) | −19.3% | 16.1% (better) |
| EPS growth, 5Y average | 7.2% | 13.5% (better) |
| Profitability | ||
| Net margin | 27.3% | 38.2% (better) |
| Return on equity | 7.8% | 21.4% (better) |
| Financial health | ||
| Altman Z-score | 0.22 | – |
| Piotroski F-score | 7 | – |
| Dividends and buybacks | ||
| Dividend yield | 3.6% | – |
| Payout ratio | 45.6% | 33.5% |
| Years of dividend growth | 14 (better) | 1 |
| Dividend growth, 5Y average | 6.6% (better) | 1.3% |
| Buyback yield | 2.4% | – |
| Shareholder yield | 5.9% | – |
| Ownership | ||
| Held by institutions | 74.5% | 72.4% |
| Held by insiders | 2.2% | 1.7% |
| Insider net buying, 12 months | −$1.7M (better) | −$22.5M |
| Superinvestors holding | – | 1 |
| Short interest, % of float | – | 1.8% |
Go deeper
- FRME stock overview
- FRME income statement
- FRME valuation and score
- NTB stock overview
- NTB income statement
- NTB valuation and score
For information only, not investment advice. Check the source filings before relying on any figure.