First Busey Corporation (BUSE) vs First Bancorp (FBNC)

First Busey Corporation and First Bancorp are both Banks Regional companies. First Busey Corporation and First Bancorp are of similar size ($2.5B and $2.4B). First Busey Corporation trades at the lower P/E: 12.2× against 18.7×. First Busey Corporation grew revenue faster over the last twelve months: 34.6% against 4.32%. First Bancorp has the higher net margin (23.1% vs 19.3%) and the lower return on invested capital (8.32% vs 9.57%). Both pay a dividend; First Busey Corporation yields more (3.50% vs 1.57%). Across the 19 metrics below, First Busey Corporation leads on 11 and First Bancorp on 8.

Valuation

Metric BUSE FBNC Banks Regional median
P/E 12.16 18.75 11.98
P/S 2.26 4.33 2.34
P/B 1.04 1.45 1.19
Price to free cash flow 11.86 10.61 10.63
EV/EBITDA — — —
EV/Sales — — —
Earnings yield 8.22% 5.33% 8.23%
Free cash flow yield 8.43% 9.42% 9.08%

Profitability

Metric BUSE FBNC Banks Regional median
Gross margin 71.78% 73.64% 69.55%
Operating margin 0.00% 0.00% 0.00%
Net margin 19.28% 23.08% 18.66%
Free cash flow margin 19.07% 40.76% 21.11%
Return on equity 8.85% 8.11% 10.65%
Return on assets 1.14% 1.03% 1.13%
Return on invested capital 9.57% 8.32% 8.35%

Growth

Metric BUSE FBNC Banks Regional median
Revenue growth (TTM) 34.58% 4.32% 6.98%
EPS growth (last fiscal year) (25.76%) 45.65% 18.88%
Revenue growth, 5-year CAGR 18.60% 11.48% 12.38%
Net income growth, 5-year CAGR 4.56% 6.37% 9.71%

Health

Metric BUSE FBNC Banks Regional median
Debt to equity 0.11 0.04 0.22
Current ratio 0.90 0.85 0.94
Net debt to EBITDA 0.00 0.00 0.00

Dividend

Metric BUSE FBNC Banks Regional median
Dividend yield 3.50% 1.57% 2.57%
Payout ratio 0.43 0.30 0.30

Size

Metric BUSE FBNC Banks Regional median
Market cap 2.42b 2.50b 913.33m

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