Bladex Inc. (BLX) vs TriCo Bancshares (TCBK)

Bladex Inc. and TriCo Bancshares are both Banks Regional companies. Bladex Inc. and TriCo Bancshares are of similar size ($1.7B and $1.7B). Bladex Inc. trades at the lower P/E: 8.1× against 12.8×. Bladex Inc. grew revenue faster over the last twelve months: 3.62% against 3.55%. Bladex Inc. has the higher net margin (27.9% vs 24.7%) and the lower return on invested capital (2.59% vs 8.97%). Both pay a dividend; Bladex Inc. yields more (6.66% vs 3.35%). Across the 18 metrics below, Bladex Inc. leads on 13 and TriCo Bancshares on 5.

Valuation

Metric BLX TCBK Banks Regional median
P/E 8.09 12.78 12.46
P/S 2.20 3.12 2.41
P/B 1.06 1.28 1.26
Price to free cash flow n/m 12.87 11.00
EV/EBITDA — — —
EV/Sales — — —
Earnings yield 12.36% 7.83% 7.96%
Free cash flow yield (12.08%) 7.77% 8.80%

Profitability

Metric BLX TCBK Banks Regional median
Gross margin 42.67% 79.56% 69.75%
Operating margin 0.00% 0.00% 0.00%
Net margin 27.91% 24.66% 18.88%
Free cash flow margin 0.00% 24.23% 17.28%
Return on equity 14.08% 10.38% 10.43%
Return on assets 1.67% 1.36% 1.14%
Return on invested capital 2.59% 8.97% 8.47%

Growth

Metric BLX TCBK Banks Regional median
Revenue growth (TTM) 3.62% 3.55% 6.94%
EPS growth (last fiscal year) 9.11% 6.94% 18.88%
Revenue growth, 5-year CAGR 34.81% 10.82% 12.56%
Net income growth, 5-year CAGR 28.97% 13.40% 9.78%

Health

Metric BLX TCBK Banks Regional median
Debt to equity 3.34 0.04 0.20
Current ratio 1.70 0.87 0.94
Net debt to EBITDA 0.00 0.00 0.00

Dividend

Metric BLX TCBK Banks Regional median
Dividend yield 6.66% 3.35% 2.64%
Payout ratio 0.54 0.43 0.32

Size

Metric BLX TCBK Banks Regional median
Market cap 1.72b 1.68b 910.32m

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