First Busey Corporation (BUSE) vs WaFd, Inc. (WAFD)

First Busey Corporation and WaFd, Inc. are both Banks Regional companies. First Busey Corporation and WaFd, Inc. are of similar size ($2.3B and $2.2B). WaFd, Inc. trades at the lower P/E: 9.2× against 11.7×. First Busey Corporation grew revenue faster over the last twelve months: 16.6% against 0.53%. First Busey Corporation has the higher net margin (19.4% vs 17.0%) and the higher return on invested capital (8.19% vs 4.31%). Both pay a dividend; WaFd, Inc. yields more (3.66% vs 3.62%). Across the 19 metrics below, WaFd, Inc. leads on 10 and First Busey Corporation on 9.

Valuation

Metric BUSE WAFD Banks Regional median
P/E 11.67 9.17 12.02
P/S 2.18 1.54 2.36
P/B 1.05 0.81 1.23
Price to free cash flow 10.84 7.84 10.60
EV/EBITDA — — —
EV/Sales — — —
Earnings yield 8.57% 10.90% 8.21%
Free cash flow yield 9.23% 12.75% 9.23%

Profitability

Metric BUSE WAFD Banks Regional median
Gross margin 72.36% 57.45% 69.81%
Operating margin 0.00% 0.00% 0.00%
Net margin 19.44% 17.01% 18.82%
Free cash flow margin 21.74% 0.00% 17.97%
Return on equity 8.99% 8.87% 10.28%
Return on assets 1.15% 0.89% 1.13%
Return on invested capital 8.19% 4.31% 8.45%

Growth

Metric BUSE WAFD Banks Regional median
Revenue growth (TTM) 16.58% 0.53% 6.37%
EPS growth (last fiscal year) (25.76%) 22.05% 18.85%
Revenue growth, 5-year CAGR 18.60% 16.81% 12.65%
Net income growth, 5-year CAGR 4.56% 6.80% 9.81%

Health

Metric BUSE WAFD Banks Regional median
Debt to equity 0.00 0.83 0.17
Current ratio 0.90 0.94 0.93
Net debt to EBITDA 0.00 0.00 0.00

Dividend

Metric BUSE WAFD Banks Regional median
Dividend yield 3.62% 3.66% 2.49%
Payout ratio 0.42 0.34 0.29

Size

Metric BUSE WAFD Banks Regional median
Market cap 2.33b 2.18b 934.85m

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