Ameris Bancorp (ABCB) vs Eastern Bankshares, Inc. (EBC)

Ameris Bancorp and Eastern Bankshares, Inc. are both Banks Regional companies. Ameris Bancorp is the larger, with a market value of $5.4B against $4.8B — 1.1× the size. Eastern Bankshares, Inc. trades at the lower P/E: 12.1× against 14.4×. Eastern Bankshares, Inc. grew revenue faster over the last twelve months: 56.0% against 3.47%. Eastern Bankshares, Inc. has the higher net margin (25.1% vs 22.0%) and the lower return on invested capital (5.72% vs 7.08%). Both pay a dividend; Eastern Bankshares, Inc. yields more (2.63% vs 1.00%). Across the 19 metrics below, Eastern Bankshares, Inc. leads on 12 and Ameris Bancorp on 7.

Valuation

Metric ABCB EBC Banks Regional median
P/E 14.36 12.11 11.98
P/S 3.11 3.11 2.34
P/B 1.30 1.09 1.19
Price to free cash flow 10.21 12.07 10.63
EV/EBITDA — — —
EV/Sales — — —
Earnings yield 6.96% 8.26% 8.23%
Free cash flow yield 9.79% 8.29% 9.08%

Profitability

Metric ABCB EBC Banks Regional median
Gross margin 73.70% 74.99% 69.55%
Operating margin 0.00% 0.00% 0.00%
Net margin 21.98% 25.12% 18.66%
Free cash flow margin 30.49% 25.74% 21.11%
Return on equity 9.40% 9.44% 10.65%
Return on assets 1.36% 1.33% 1.13%
Return on invested capital 7.08% 5.72% 8.35%

Growth

Metric ABCB EBC Banks Regional median
Revenue growth (TTM) 3.47% 56.04% 6.98%
EPS growth (last fiscal year) 15.61% (34.85%) 18.88%
Revenue growth, 5-year CAGR 7.26% 12.33% 12.38%
Net income growth, 5-year CAGR 9.49% 31.15% 9.71%

Health

Metric ABCB EBC Banks Regional median
Debt to equity 0.34 0.09 0.22
Current ratio 1.04 0.90 0.94
Net debt to EBITDA 0.00 0.00 0.00

Dividend

Metric ABCB EBC Banks Regional median
Dividend yield 1.00% 2.63% 2.57%
Payout ratio 0.14 0.32 0.30

Size

Metric ABCB EBC Banks Regional median
Market cap 5.35b 4.83b 913.33m

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