First Merchants Corporation (FRME) vs Stock Yards Bancorp, Inc. (SYBT)
First Merchants Corporation and Stock Yards Bancorp, Inc. are both Banks Regional companies. First Merchants Corporation and Stock Yards Bancorp, Inc. are of similar size ($2.5B and $2.4B). First Merchants Corporation trades at the lower P/E: 13.0× against 15.6×. Stock Yards Bancorp, Inc. grew revenue faster over the last twelve months: 9.39% against 3.18%. Stock Yards Bancorp, Inc. has the higher net margin (25.4% vs 16.9%) and the higher return on invested capital (16.5% vs 3.59%). Both pay a dividend; First Merchants Corporation yields more (4.14% vs 2.64%). Across the 20 metrics below, Stock Yards Bancorp, Inc. leads on 11 and First Merchants Corporation on 9.
Valuation
Profitability
| Metric | FRME | SYBT | Banks Regional median |
|---|---|---|---|
| Gross margin | 63.41% | 71.98% | 69.57% |
| Operating margin | 0.00% | 0.00% | 0.00% |
| Net margin | 16.88% | 25.41% | 18.66% |
| Free cash flow margin | 28.88% | 25.26% | 21.18% |
| Return on equity | 7.37% | 13.28% | 10.64% |
| Return on assets | 0.92% | 1.53% | 1.13% |
| Return on invested capital | 3.59% | 16.50% | 8.33% |
Growth
Health
Dividend
Size
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