City Holding Company (CHCO) vs Enterprise Financial Services Corporation (EFSC)

City Holding Company and Enterprise Financial Services Corporation are both Banks Regional companies. City Holding Company and Enterprise Financial Services Corporation are of similar size ($2.2B and $2.0B). Enterprise Financial Services Corporation trades at the lower P/E: 11.8× against 15.5×. Enterprise Financial Services Corporation grew revenue faster over the last twelve months: 7.96% against 3.37%. City Holding Company has the higher net margin (32.8% vs 18.3%) and the higher return on invested capital (14.8% vs 7.88%). Both pay a dividend; City Holding Company yields more (2.55% vs 2.24%). Across the 19 metrics below, Enterprise Financial Services Corporation leads on 10 and City Holding Company on 9.

Valuation

Metric CHCO EFSC Banks Regional median
P/E 15.50 11.80 11.98
P/S 4.95 2.14 2.34
P/B 2.46 1.11 1.19
Price to free cash flow 14.24 10.27 10.63
EV/EBITDA — — —
EV/Sales — — —
Earnings yield 6.45% 8.47% 8.23%
Free cash flow yield 7.02% 9.74% 9.08%

Profitability

Metric CHCO EFSC Banks Regional median
Gross margin 80.00% 75.39% 69.55%
Operating margin 0.00% 0.00% 0.00%
Net margin 32.75% 18.31% 18.66%
Free cash flow margin 34.74% 20.85% 21.11%
Return on equity 16.76% 9.77% 10.65%
Return on assets 1.97% 1.11% 1.13%
Return on invested capital 14.81% 7.88% 8.35%

Growth

Metric CHCO EFSC Banks Regional median
Revenue growth (TTM) 3.37% 7.96% 6.98%
EPS growth (last fiscal year) 13.18% 9.94% 18.88%
Revenue growth, 5-year CAGR 8.86% 22.76% 12.38%
Net income growth, 5-year CAGR 7.81% 21.58% 9.71%

Health

Metric CHCO EFSC Banks Regional median
Debt to equity 0.19 0.33 0.22
Current ratio 0.83 0.85 0.94
Net debt to EBITDA 0.00 0.00 0.00

Dividend

Metric CHCO EFSC Banks Regional median
Dividend yield 2.55% 2.24% 2.57%
Payout ratio 0.40 0.27 0.30

Size

Metric CHCO EFSC Banks Regional median
Market cap 1.98b 2.15b 913.33m

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