Ameris Bancorp (ABCB) vs Home BancShares, Inc. (HOMB)

Ameris Bancorp and Home BancShares, Inc. are both Banks Regional companies. Ameris Bancorp and Home BancShares, Inc. are of similar size ($5.8B and $5.5B). Home BancShares, Inc. trades at the lower P/E: 12.1× against 14.8×. Ameris Bancorp grew revenue faster over the last twelve months: 3.47% against 1.74%. Home BancShares, Inc. has the higher net margin (32.1% vs 22.0%) and the higher return on invested capital (9.38% vs 7.08%). Both pay a dividend; Home BancShares, Inc. yields more (3.22% vs 1.29%). Across the 20 metrics below, Home BancShares, Inc. leads on 13 and Ameris Bancorp on 7.

Valuation

Metric ABCB HOMB Banks Regional median
P/E 14.83 12.06 12.15
P/S 3.21 3.93 2.37
P/B 1.35 1.29 1.21
Price to free cash flow 10.54 13.36 10.80
EV/EBITDA n/m n/m —
EV/Sales 3.32 3.71 2.27
Earnings yield 6.74% 8.29% 8.11%
Free cash flow yield 9.48% 7.48% 8.98%

Profitability

Metric ABCB HOMB Banks Regional median
Gross margin 73.70% 75.11% 69.57%
Operating margin 0.00% 0.00% 0.00%
Net margin 21.98% 32.10% 18.66%
Free cash flow margin 30.49% 29.44% 21.18%
Return on equity 9.40% 11.11% 10.64%
Return on assets 1.36% 2.01% 1.13%
Return on invested capital 7.08% 9.38% 8.33%

Growth

Metric ABCB HOMB Banks Regional median
Revenue growth (TTM) 3.47% 1.74% 6.61%
EPS growth (last fiscal year) 15.61% 19.90% —
Revenue growth, 5-year CAGR 7.26% 13.40% 12.30%
Net income growth, 5-year CAGR 9.49% 17.26% 9.71%

Health

Metric ABCB HOMB Banks Regional median
Debt to equity 0.34 0.16 0.22
Current ratio 1.04 0.92 0.94
Net debt to EBITDA 0.00 0.00 0.00

Dividend

Metric ABCB HOMB Banks Regional median
Dividend yield 1.29% 3.22% 3.75%
Payout ratio 0.14 0.32 0.27

Size

Metric ABCB HOMB Banks Regional median
Market cap 5.49b 5.79b 921.07m

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