Central Bancompany (CBC) vs Commerce Bancshares, Inc. (CBSH)

Central Bancompany and Commerce Bancshares, Inc. are both Banks Regional companies. Central Bancompany and Commerce Bancshares, Inc. are of similar size ($8.0B and $7.7B). Commerce Bancshares, Inc. trades at the lower P/E: 13.7× against 17.7×. Central Bancompany has the higher net margin (33.4% vs 25.7%) and the lower return on invested capital (14.8% vs 162.2%). Across the 16 metrics below, Commerce Bancshares, Inc. leads on 11 and Central Bancompany on 5.

Valuation

Metric CBC CBSH Banks Regional median
P/E 17.66 13.66 12.15
P/S 6.04 3.58 2.37
P/B 1.98 1.86 1.21
Price to free cash flow 15.81 6.69 10.80
EV/EBITDA n/m n/m —
EV/Sales 5.43 1.78 2.27
Earnings yield 5.66% 7.32% 8.11%
Free cash flow yield 6.33% 14.95% 8.98%

Profitability

Metric CBC CBSH Banks Regional median
Gross margin 88.37% 83.55% 69.57%
Operating margin 0.00% 0.00% 0.00%
Net margin 33.37% 25.66% 18.66%
Free cash flow margin 38.21% 53.47% 21.18%
Return on equity 0.00% 14.51% 10.64%
Return on assets 4.18% 1.73% 1.13%
Return on invested capital 14.75% 162.18% 8.33%

Growth

Metric CBC CBSH Banks Regional median
Revenue growth (TTM) — 7.57% 6.61%
EPS growth (last fiscal year) 26.24% 4.39% —
Revenue growth, 5-year CAGR — 9.02% 12.30%
Net income growth, 5-year CAGR — 10.60% 9.71%

Health

Metric CBC CBSH Banks Regional median
Debt to equity 0.00 0.01 0.22
Current ratio 0.76 0.82 0.94
Net debt to EBITDA 0.00 0.00 0.00

Dividend

Metric CBC CBSH Banks Regional median
Dividend yield — 2.24% 3.75%
Payout ratio — 0.27 0.27

Size

Metric CBC CBSH Banks Regional median
Market cap 7.66b 8.00b 921.07m

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