FRME vs. CCB
FRME (First Merchants Corporation) and CCB (Coastal Financial Corporation) are both stocks. Both operate in the Banks - Regional industry within the Financial Services sector. Over the past 5 years, FRME returned 2.87%/yr vs 18.60%/yr for CCB. A 0.53 correlation means they provide meaningful diversification when combined.
Performance
FRME vs. CCB - Performance Comparison
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Returns By Period
In the year-to-date period, FRME achieves a 11.97% return, which is significantly higher than CCB's -37.11% return.
FRME
- 1D
- 1.15%
- 1M
- 3.57%
- YTD
- 11.97%
- 6M
- 8.52%
- 1Y
- 18.95%
- 3Y*
- 18.76%
- 5Y*
- 2.87%
- 10Y*
- 8.59%
CCB
- 1D
- 0.57%
- 1M
- 3.45%
- YTD
- -37.11%
- 6M
- -38.97%
- 1Y
- -16.25%
- 3Y*
- 24.32%
- 5Y*
- 18.60%
- 10Y*
- —
FRME vs. CCB - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
FRME First Merchants Corporation | 11.97% | -2.55% | 11.82% | -5.82% | 1.11% | 14.99% | -6.93% | 24.62% | -25.68% |
CCB Coastal Financial Corporation | -37.11% | 34.95% | 91.20% | -6.54% | -6.12% | 141.05% | 27.50% | 8.14% | -6.28% |
Correlation
The correlation between FRME and CCB is 0.55, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.55 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.64 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.63 |
Correlation (All Time) Calculated using the full available price history since Jul 18, 2018 | 0.53 |
The correlation between FRME and CCB shifts across timeframes, from 0.53 (all time) to 0.64 (3 years), reflecting how their relationship changes across market environments.
Fundamentals
FRME:
$3.40
CCB:
$4.25
FRME:
12.10
CCB:
16.94
FRME:
14.28
CCB:
1.72
FRME:
2.30
CCB:
1.98
FRME:
$1.05B
CCB:
$422.59M
FRME:
$484.80M
CCB:
$195.03M
FRME:
$217.48M
CCB:
$52.74M
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Return for Risk
FRME vs. CCB — Risk / Return Rank
FRME
CCB
FRME vs. CCB - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for First Merchants Corporation (FRME) and Coastal Financial Corporation (CCB). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| FRME | CCB | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.17 | ||
| Sortino ratioReturn per unit of downside risk | +1.52 | ||
| Omega ratioGain probability vs. loss probability | 1.15 | 0.96 | +0.18 |
| Calmar ratioReturn relative to maximum drawdown | 1.21 | -0.38 | +1.59 |
| Martin ratioReturn relative to average drawdown | 2.51 | -0.72 | +3.23 |
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Drawdowns
FRME vs. CCB - Drawdown Comparison
The maximum FRME drawdown since its inception was -81.31%, which is greater than CCB's maximum drawdown of -50.22%. Use the drawdown chart below to compare losses from any high point for FRME and CCB.
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Drawdown Indicators
| FRME | CCB | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -81.31% | -50.22% | -31.09% |
Max Drawdown (1Y)Largest decline over 1 year | -15.73% | -42.99% | +27.26% |
Max Drawdown (3Y)Largest decline over 3 years | -23.94% | -42.99% | +19.05% |
Max Drawdown (5Y)Largest decline over 5 years | -43.72% | -42.99% | -0.73% |
Max Drawdown (10Y)Largest decline over 10 years | -53.03% | — | — |
Current DrawdownCurrent decline from peak | -3.81% | -39.43% | +35.62% |
Average DrawdownAverage peak-to-trough decline | -19.22% | -14.76% | -4.46% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.55% | 22.65% | -15.10% |
Volatility
FRME vs. CCB - Volatility Comparison
The current volatility for First Merchants Corporation (FRME) is 7.32%, while Coastal Financial Corporation (CCB) has a volatility of 8.49%. This indicates that FRME experiences smaller price fluctuations and is considered to be less risky than CCB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FRME | CCB | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.32% | 8.49% | -1.17% |
Volatility (6M)Calculated over the trailing 6-month period | 16.56% | 30.45% | -13.89% |
Volatility (1Y)Calculated over the trailing 1-year period | 24.60% | 41.46% | -16.86% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 29.93% | 38.36% | -8.43% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 32.81% | 47.84% | -15.03% |
Dividends
FRME vs. CCB - Dividend Comparison
FRME's dividend yield for the trailing twelve months is around 3.52%, while CCB has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CCB Coastal Financial Corporation | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
FRME First Merchants Corporation | 3.52% | 3.82% | 3.48% | 3.61% | 3.04% | 2.70% | 2.78% | 2.40% | 2.45% | 1.64% | 1.43% | 1.61% |
Financials
FRME vs. CCB - Financials Comparison
This section allows you to compare key financial metrics between First Merchants Corporation and Coastal Financial Corporation. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
Frequently Asked Questions
FRME and CCB have a correlation of 0.55, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CCB has higher volatility (8.49%) compared to FRME (7.32%). In terms of maximum drawdown, FRME dropped -81.31% vs CCB's -50.22%.
FRME currently has the higher Sharpe Ratio (0.78 vs -0.39), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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