Banco Santander Brasil SA (BSBR) vs First Citizens BancShares, Inc. (FCNCA)

Banco Santander Brasil SA and First Citizens BancShares, Inc. are both Banks Regional companies. First Citizens BancShares, Inc. is the larger, with a market value of $23.3B against $20.9B — 1.1× the size. Banco Santander Brasil SA trades at the lower P/E: 7.4× against 11.4×. Banco Santander Brasil SA grew revenue faster over the last twelve months: 18.6% against −1.26%. First Citizens BancShares, Inc. has the higher net margin (15.7% vs 7.49%) and the lower return on invested capital (7.30% vs 13.4%). Both pay a dividend; Banco Santander Brasil SA yields more (6.14% vs 0.40%). Across the 19 metrics below, Banco Santander Brasil SA leads on 14 and First Citizens BancShares, Inc. on 5.

Valuation

Metric BSBR FCNCA Banks Regional median
P/E 7.36 11.35 11.98
P/S 0.61 1.69 2.34
P/B 0.83 1.22 1.19
Price to free cash flow 2.77 9.79 10.63
EV/EBITDA — — —
EV/Sales — — —
Earnings yield 13.59% 8.81% 8.23%
Free cash flow yield 36.11% 10.21% 9.08%

Profitability

Metric BSBR FCNCA Banks Regional median
Gross margin 40.78% 66.51% 69.55%
Operating margin 0.00% 0.00% 0.00%
Net margin 7.49% 15.69% 18.66%
Free cash flow margin 22.08% 17.31% 21.11%
Return on equity 10.99% 10.92% 10.65%
Return on assets 1.10% 0.97% 1.13%
Return on invested capital 13.40% 7.30% 8.35%

Growth

Metric BSBR FCNCA Banks Regional median
Revenue growth (TTM) 18.60% (1.26%) 6.98%
EPS growth (last fiscal year) 5.26% (12.76%) 18.88%
Revenue growth, 5-year CAGR 20.06% 49.21% 12.38%
Net income growth, 5-year CAGR (2.56%) 35.07% 9.71%

Health

Metric BSBR FCNCA Banks Regional median
Debt to equity 3.34 1.46 0.22
Current ratio 1.56 1.00 0.94
Net debt to EBITDA 0.00 0.00 0.00

Dividend

Metric BSBR FCNCA Banks Regional median
Dividend yield 6.14% 0.40% 2.57%
Payout ratio — 0.04 0.30

Size

Metric BSBR FCNCA Banks Regional median
Market cap 20.93b 23.26b 913.33m

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