Community Trust Bancorp, Inc. (CTBI) vs Esquire Financial Holdings, Inc. (ESQ)

Community Trust Bancorp, Inc. and Esquire Financial Holdings, Inc. are both Banks Regional companies. Community Trust Bancorp, Inc. and Esquire Financial Holdings, Inc. are of similar size ($1.4B and $1.4B). Community Trust Bancorp, Inc. trades at the lower P/E: 12.5× against 18.4×. Esquire Financial Holdings, Inc. grew revenue faster over the last twelve months: 20.0% against 7.76%. Esquire Financial Holdings, Inc. has the higher net margin (29.3% vs 25.6%) and the higher return on invested capital (61.2% vs 19.6%). Both pay a dividend; Community Trust Bancorp, Inc. yields more (2.12% vs 0.65%). Across the 19 metrics below, Esquire Financial Holdings, Inc. leads on 11 and Community Trust Bancorp, Inc. on 8.

Valuation

Metric CTBI ESQ Banks Regional median
P/E 12.52 18.43 11.98
P/S 3.20 5.47 2.34
P/B 1.52 3.13 1.19
Price to free cash flow 10.31 15.30 10.63
EV/EBITDA — — —
EV/Sales — — —
Earnings yield 7.99% 5.43% 8.23%
Free cash flow yield 9.70% 6.54% 9.08%

Profitability

Metric CTBI ESQ Banks Regional median
Gross margin 70.72% 88.70% 69.55%
Operating margin 0.00% 0.00% 0.00%
Net margin 25.55% 29.30% 18.66%
Free cash flow margin 31.09% 35.75% 21.11%
Return on equity 12.72% 18.26% 10.65%
Return on assets 1.61% 2.31% 1.13%
Return on invested capital 19.63% 61.15% 8.35%

Growth

Metric CTBI ESQ Banks Regional median
Revenue growth (TTM) 7.76% 19.99% 6.98%
EPS growth (last fiscal year) 17.79% 14.20% 18.88%
Revenue growth, 5-year CAGR 12.12% 25.29% 12.38%
Net income growth, 5-year CAGR 10.51% 32.13% 9.71%

Health

Metric CTBI ESQ Banks Regional median
Debt to equity 0.08 0.00 0.22
Current ratio 0.94 0.97 0.94
Net debt to EBITDA 0.00 0.00 0.00

Dividend

Metric CTBI ESQ Banks Regional median
Dividend yield 2.12% 0.65% 2.57%
Payout ratio 0.27 0.13 0.30

Size

Metric CTBI ESQ Banks Regional median
Market cap 1.35b 1.44b 913.33m

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