Burke & Herbert Financial Services Corp. (BHRB) vs Community Trust Bancorp, Inc. (CTBI)

Burke & Herbert Financial Services Corp. and Community Trust Bancorp, Inc. are both Banks Regional companies. Burke & Herbert Financial Services Corp. and Community Trust Bancorp, Inc. are of similar size ($1.4B and $1.4B). Burke & Herbert Financial Services Corp. trades at the lower P/E: 11.1× against 12.6×. Community Trust Bancorp, Inc. grew revenue faster over the last twelve months: 7.76% against 3.09%. Community Trust Bancorp, Inc. has the higher net margin (25.6% vs 18.7%) and the higher return on invested capital (19.6% vs 6.33%). Across the 17 metrics below, Community Trust Bancorp, Inc. leads on 12 and Burke & Herbert Financial Services Corp. on 5.

Valuation

Metric BHRB CTBI Banks Regional median
P/E 11.12 12.61 12.15
P/S 2.50 3.23 2.37
P/B 1.08 1.53 1.21
Price to free cash flow 14.84 10.39 10.80
EV/EBITDA n/m n/m —
EV/Sales 2.47 2.17 2.27
Earnings yield 8.99% 7.93% 8.11%
Free cash flow yield 6.74% 9.63% 8.98%

Profitability

Metric BHRB CTBI Banks Regional median
Gross margin 70.62% 70.72% 69.57%
Operating margin 0.00% 0.00% 0.00%
Net margin 18.68% 25.55% 18.66%
Free cash flow margin 16.84% 31.09% 21.18%
Return on equity 9.80% 12.72% 10.64%
Return on assets 1.01% 1.61% 1.13%
Return on invested capital 6.33% 19.63% 8.33%

Growth

Metric BHRB CTBI Banks Regional median
Revenue growth (TTM) 3.09% 7.76% 6.61%
EPS growth (last fiscal year) 173.76% 17.79% —
Revenue growth, 5-year CAGR — 12.12% 12.30%
Net income growth, 5-year CAGR — 10.51% 9.71%

Health

Metric BHRB CTBI Banks Regional median
Debt to equity 0.13 0.08 0.22
Current ratio 0.84 0.94 0.94
Net debt to EBITDA 0.00 0.00 0.00

Dividend

Metric BHRB CTBI Banks Regional median
Dividend yield — 4.65% 3.75%
Payout ratio — 0.39 0.27

Size

Metric BHRB CTBI Banks Regional median
Market cap 1.40b 1.37b 921.07m

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