Amalgamated Financial Corp. (AMAL) vs Community Trust Bancorp, Inc. (CTBI)

Amalgamated Financial Corp. and Community Trust Bancorp, Inc. are both Banks Regional companies. Amalgamated Financial Corp. and Community Trust Bancorp, Inc. are of similar size ($1.4B and $1.4B). Amalgamated Financial Corp. trades at the lower P/E: 12.6× against 12.6×. Amalgamated Financial Corp. grew revenue faster over the last twelve months: 10.9% against 7.76%. Community Trust Bancorp, Inc. has the higher net margin (25.6% vs 23.3%) and the higher return on invested capital (19.6% vs 13.9%). Both pay a dividend; Community Trust Bancorp, Inc. yields more (4.65% vs 1.66%). Across the 20 metrics below, Amalgamated Financial Corp. leads on 10 and Community Trust Bancorp, Inc. on 10.

Valuation

Metric AMAL CTBI Banks Regional median
P/E 12.55 12.61 12.15
P/S 2.93 3.23 2.37
P/B 1.70 1.53 1.21
Price to free cash flow 9.70 10.39 10.80
EV/EBITDA n/m n/m —
EV/Sales 2.60 2.17 2.27
Earnings yield 7.97% 7.93% 8.11%
Free cash flow yield 10.31% 9.63% 8.98%

Profitability

Metric AMAL CTBI Banks Regional median
Gross margin 74.61% 70.72% 69.57%
Operating margin 0.00% 0.00% 0.00%
Net margin 23.34% 25.55% 18.66%
Free cash flow margin 30.17% 31.09% 21.18%
Return on equity 14.28% 12.72% 10.64%
Return on assets 1.26% 1.61% 1.13%
Return on invested capital 13.89% 19.63% 8.33%

Growth

Metric AMAL CTBI Banks Regional median
Revenue growth (TTM) 10.87% 7.76% 6.61%
EPS growth (last fiscal year) (0.87%) 17.79% —
Revenue growth, 5-year CAGR 14.42% 12.12% 12.30%
Net income growth, 5-year CAGR 17.73% 10.51% 9.71%

Health

Metric AMAL CTBI Banks Regional median
Debt to equity 0.08 0.08 0.22
Current ratio 0.64 0.94 0.94
Net debt to EBITDA 0.00 0.00 0.00

Dividend

Metric AMAL CTBI Banks Regional median
Dividend yield 1.66% 4.65% 3.75%
Payout ratio 0.14 0.39 0.27

Size

Metric AMAL CTBI Banks Regional median
Market cap 1.41b 1.37b 921.07m

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