Ameris Bancorp (ABCB) vs Grupo Financiero Galicia S.A. (GGAL)

Ameris Bancorp and Grupo Financiero Galicia S.A. are both Banks Regional companies. Ameris Bancorp and Grupo Financiero Galicia S.A. are of similar size ($5.5B and $5.3B). Ameris Bancorp trades at the lower P/E: 14.8× against 19.6×. Ameris Bancorp grew revenue faster over the last twelve months: 3.47% against −65.4%. Ameris Bancorp has the higher net margin (22.0% vs 7.53%) and the higher return on invested capital (7.08% vs −76.1%). Both pay a dividend; Grupo Financiero Galicia S.A. yields more (1.49% vs 1.29%). Across the 20 metrics below, Ameris Bancorp leads on 10 and Grupo Financiero Galicia S.A. on 10.

Valuation

Metric ABCB GGAL Banks Regional median
P/E 14.83 19.57 12.15
P/S 3.21 1.54 2.37
P/B 1.35 1.02 1.21
Price to free cash flow 10.54 0.90 10.80
EV/EBITDA n/m n/m —
EV/Sales 3.32 0.81 2.27
Earnings yield 6.74% 5.11% 8.11%
Free cash flow yield 9.48% 111.21% 8.98%

Profitability

Metric ABCB GGAL Banks Regional median
Gross margin 73.70% 84.41% 69.57%
Operating margin 0.00% 0.00% 0.00%
Net margin 21.98% 7.53% 18.66%
Free cash flow margin 30.49% 0.00% 21.18%
Return on equity 9.40% 0.00% 10.64%
Return on assets 1.36% 0.85% 1.13%
Return on invested capital 7.08% (76.07%) 8.33%

Growth

Metric ABCB GGAL Banks Regional median
Revenue growth (TTM) 3.47% (65.36%) 6.61%
EPS growth (last fiscal year) 15.61% (91.19%) —
Revenue growth, 5-year CAGR 7.26% 19.31% 12.30%
Net income growth, 5-year CAGR 9.49% (13.82%) 9.71%

Health

Metric ABCB GGAL Banks Regional median
Debt to equity 0.34 0.00 0.22
Current ratio 1.04 1.08 0.94
Net debt to EBITDA 0.00 0.00 0.00

Dividend

Metric ABCB GGAL Banks Regional median
Dividend yield 1.29% 1.49% 3.75%
Payout ratio 0.14 0.11 0.27

Size

Metric ABCB GGAL Banks Regional median
Market cap 5.49b 5.25b 921.07m

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