CPB Inc. (CPF) vs Southside Bancshares, Inc. (SBSI)

CPB Inc. and Southside Bancshares, Inc. are both Banks Regional companies. CPB Inc. and Southside Bancshares, Inc. are of similar size ($948.5M and $921.1M). CPB Inc. trades at the lower P/E: 11.7× against 12.2×. CPB Inc. grew revenue faster over the last twelve months: 5.10% against −4.11%. CPB Inc. has the higher net margin (22.5% vs 17.6%) and the higher return on invested capital (22.8% vs 5.30%). Both pay a dividend; CPB Inc. yields more (5.49% vs 4.90%). Across the 20 metrics below, CPB Inc. leads on 14 and Southside Bancshares, Inc. on 6.

Valuation

Metric CPF SBSI Banks Regional median
P/E 11.74 12.24 12.15
P/S 2.60 2.15 2.37
P/B 1.61 1.05 1.21
Price to free cash flow 9.78 7.28 10.80
EV/EBITDA n/m n/m —
EV/Sales 1.77 2.68 2.27
Earnings yield 8.52% 8.17% 8.11%
Free cash flow yield 10.22% 13.73% 8.98%

Profitability

Metric CPF SBSI Banks Regional median
Gross margin 81.81% 57.64% 69.57%
Operating margin 0.00% 0.00% 0.00%
Net margin 22.52% 17.64% 18.66%
Free cash flow margin 26.57% 29.51% 21.18%
Return on equity 14.25% 8.99% 10.64%
Return on assets 1.12% 0.89% 1.13%
Return on invested capital 22.80% 5.30% 8.33%

Growth

Metric CPF SBSI Banks Regional median
Revenue growth (TTM) 5.10% (4.11%) 6.61%
EPS growth (last fiscal year) 45.18% (21.31%) —
Revenue growth, 5-year CAGR 7.27% 8.28% 12.30%
Net income growth, 5-year CAGR 15.76% (3.38%) 9.71%

Health

Metric CPF SBSI Banks Regional median
Debt to equity 0.13 0.71 0.22
Current ratio 0.84 0.74 0.94
Net debt to EBITDA 0.00 0.00 0.00

Dividend

Metric CPF SBSI Banks Regional median
Dividend yield 5.49% 4.90% 3.75%
Payout ratio 0.44 0.41 0.27

Size

Metric CPF SBSI Banks Regional median
Market cap 948.54m 921.07m 921.07m

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