Macro Bank Inc. (BMA) vs TFS Financial Corporation (TFSL)

Macro Bank Inc. and TFS Financial Corporation are both Banks Regional companies. Macro Bank Inc. and TFS Financial Corporation are of similar size ($4.7B and $4.5B). Macro Bank Inc. trades at the lower P/E: 15.1× against 46.4×. Macro Bank Inc. grew revenue faster over the last twelve months: 13.9% against 5.93%. TFS Financial Corporation has the higher net margin (12.2% vs 6.18%) and the lower return on invested capital (1.12% vs 8.33%). Both pay a dividend; TFS Financial Corporation yields more (8.63% vs 4.02%). Across the 20 metrics below, Macro Bank Inc. leads on 14 and TFS Financial Corporation on 6.

Valuation

Metric BMA TFSL Banks Regional median
P/E 15.07 46.44 12.15
P/S 0.91 5.64 2.37
P/B 1.00 2.38 1.21
Price to free cash flow 3.85 54.04 10.80
EV/EBITDA n/m n/m —
EV/Sales 0.48 11.99 2.27
Earnings yield 6.64% 2.15% 8.11%
Free cash flow yield 25.98% 1.85% 8.98%

Profitability

Metric BMA TFSL Banks Regional median
Gross margin 67.78% 41.62% 69.57%
Operating margin 0.00% 0.00% 0.00%
Net margin 6.18% 12.17% 18.66%
Free cash flow margin 0.00% 10.45% 21.18%
Return on equity 7.08% 5.23% 10.64%
Return on assets 1.73% 0.57% 1.13%
Return on invested capital 8.33% 1.12% 8.33%

Growth

Metric BMA TFSL Banks Regional median
Revenue growth (TTM) 13.93% 5.93% 6.61%
EPS growth (last fiscal year) (44.54%) 14.29% —
Revenue growth, 5-year CAGR 10.36% 9.26% 12.30%
Net income growth, 5-year CAGR (9.01%) 1.83% 9.71%

Health

Metric BMA TFSL Banks Regional median
Debt to equity 0.26 2.97 0.22
Current ratio 1.10 1.67 0.94
Net debt to EBITDA 0.00 0.00 0.00

Dividend

Metric BMA TFSL Banks Regional median
Dividend yield 4.02% 8.63% 3.75%
Payout ratio 0.26 3.90 0.27

Size

Metric BMA TFSL Banks Regional median
Market cap 4.46b 4.69b 921.07m

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