Cullen/Frost Bankers, Inc. (CFR) vs Old National Bancorp (ONB)

Cullen/Frost Bankers, Inc. and Old National Bancorp are both Banks Regional companies. Cullen/Frost Bankers, Inc. and Old National Bancorp are of similar size ($9.7B and $9.5B). Old National Bancorp trades at the lower P/E: 10.2× against 14.6×. Old National Bancorp grew revenue faster over the last twelve months: 17.6% against 1.83%. Old National Bancorp has the higher net margin (23.0% vs 22.9%) and the higher return on invested capital (5.62% vs 0.00%). Both pay a dividend; Old National Bancorp yields more (2.87% vs 2.59%). Across the 19 metrics below, Old National Bancorp leads on 15 and Cullen/Frost Bankers, Inc. on 4.

Valuation

Metric CFR ONB Banks Regional median
P/E 14.57 10.21 12.02
P/S 3.30 2.32 2.36
P/B 2.54 1.18 1.23
Price to free cash flow 16.54 9.72 10.60
EV/EBITDA — — —
EV/Sales — — —
Earnings yield 6.86% 9.79% 8.21%
Free cash flow yield 6.05% 10.29% 9.23%

Profitability

Metric CFR ONB Banks Regional median
Gross margin 79.15% 69.04% 69.81%
Operating margin 0.00% 0.00% 0.00%
Net margin 22.90% 22.96% 18.82%
Free cash flow margin 19.93% 23.90% 17.97%
Return on equity 16.60% 11.66% 10.28%
Return on assets 1.26% 1.29% 1.13%
Return on invested capital 0.00% 5.62% 8.45%

Growth

Metric CFR ONB Banks Regional median
Revenue growth (TTM) 1.83% 17.57% 6.37%
EPS growth (last fiscal year) 11.84% 6.55% 18.85%
Revenue growth, 5-year CAGR 14.46% 32.86% 12.65%
Net income growth, 5-year CAGR 14.45% 23.60% 9.81%

Health

Metric CFR ONB Banks Regional median
Debt to equity 0.06 0.83 0.17
Current ratio 0.65 0.93 0.93
Net debt to EBITDA 0.00 0.00 0.00

Dividend

Metric CFR ONB Banks Regional median
Dividend yield 2.59% 2.87% 2.49%
Payout ratio 0.38 0.29 0.29

Size

Metric CFR ONB Banks Regional median
Market cap 9.74b 9.48b 934.85m

Compare with another peer

Any metric, up to five companies and an Excel export Powerpack