FNWD vs FRME
FNWD: Indiana-based community bank holding company serving Northwest Indiana and Illinois through retail and commercial banking, wealth management, and real estate-related lending. FRME: First Merchants Corporation is a regional financial holding company providing comprehensive commercial banking, consumer banking, and wealth management services.
Side-by-side fundamentals
| Metric | FNWD | FRME | Edge |
|---|---|---|---|
| Price as of 2026-07-22 close | $44.79 | $43.75 | |
| Market cap as of 2026-07-23 | $194M | $2.7B | |
| P/E as of 2026-07-23 | 19.64 | 13.79 | FRME lower |
| PEG as of 2026-07-23 | 0.08 | n/a | |
| Net margin as of 2026-07-23 | +15.6% | +37.8% | FRME higher |
| Operating margin as of 2026-07-23 | +15.7% | +44.3% | FRME higher |
| ROE as of 2026-07-23 | +5.9% | +8.0% | FRME higher |
| ROA as of 2026-07-23 | +0.5% | +1.0% | FRME higher |
| Debt / equity as of 2026-07-23 | 0.24 | 0.13 | FRME lower |
| Revenue growth (YoY) as of 2026-07-23 | +28.3% | +61.8% | FRME higher |
| Dividend yield as of 2026-07-23 | +1.3% | +3.4% | FRME higher |
| Dividend streak (yrs) SEC XBRL | 1 | 5 | FRME higher |
| Beta as of 2026-07-23 | 0.20 | 0.86 | |
| 1-year return as of 2026-07-22 close | +35.7% | +5.4% | FNWD higher |
Fundamentals: Finnhub, as of 2026-07-23. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-22.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date; "Edge" cells are a pure numeric comparison, not a recommendation.