Capital City Bank Group (CCBG) vs South Plains Financial, Inc. (SPFI)

Capital City Bank Group and South Plains Financial, Inc. are both Banks Regional companies. Capital City Bank Group and South Plains Financial, Inc. are of similar size ($843.9M and $807.3M). South Plains Financial, Inc. trades at the lower P/E: 11.3× against 13.9×. South Plains Financial, Inc. grew revenue faster over the last twelve months: 6.59% against 3.76%. Capital City Bank Group has the higher net margin (21.4% vs 20.8%) and the higher return on invested capital (41.1% vs 0.00%). Both pay a dividend; Capital City Bank Group yields more (3.00% vs 2.08%). Across the 20 metrics below, South Plains Financial, Inc. leads on 12 and Capital City Bank Group on 8.

Valuation

Metric CCBG SPFI Banks Regional median
P/E 13.85 11.26 12.15
P/S 2.95 2.62 2.37
P/B 1.50 1.30 1.21
Price to free cash flow 16.44 10.87 10.80
EV/EBITDA n/m n/m —
EV/Sales 1.41 0.30 2.27
Earnings yield 7.22% 8.88% 8.11%
Free cash flow yield 6.08% 9.20% 8.98%

Profitability

Metric CCBG SPFI Banks Regional median
Gross margin 88.90% 72.40% 69.57%
Operating margin 0.00% 0.00% 0.00%
Net margin 21.37% 20.79% 18.66%
Free cash flow margin 17.95% 24.14% 21.18%
Return on equity 11.26% 12.01% 10.64%
Return on assets 1.40% 1.33% 1.13%
Return on invested capital 41.05% 0.00% 8.33%

Growth

Metric CCBG SPFI Banks Regional median
Revenue growth (TTM) 3.76% 6.59% 6.61%
EPS growth (last fiscal year) 15.38% 17.81% —
Revenue growth, 5-year CAGR 5.70% 4.36% 12.30%
Net income growth, 5-year CAGR 14.28% 5.21% 9.71%

Health

Metric CCBG SPFI Banks Regional median
Debt to equity 0.06 0.10 0.22
Current ratio 0.79 0.97 0.94
Net debt to EBITDA 0.00 0.00 0.00

Dividend

Metric CCBG SPFI Banks Regional median
Dividend yield 3.00% 2.08% 3.75%
Payout ratio 0.23 0.13 0.27

Size

Metric CCBG SPFI Banks Regional median
Market cap 843.86m 807.26m 921.07m

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