Eastern Bankshares, Inc. (EBC) vs Hancock Whitney Corporation (HWC)

Eastern Bankshares, Inc. and Hancock Whitney Corporation are both Banks Regional companies. Hancock Whitney Corporation is the larger, with a market value of $5.7B against $5.2B — 1.1× the size. Eastern Bankshares, Inc. trades at the lower P/E: 13.1× against 14.3×. Eastern Bankshares, Inc. grew revenue faster over the last twelve months: 61.0% against −0.64%. Eastern Bankshares, Inc. has the higher net margin (24.0% vs 20.5%) and the lower return on invested capital (7.66% vs 8.54%). Both pay a dividend; Hancock Whitney Corporation yields more (2.73% vs 2.46%). Across the 18 metrics below, Eastern Bankshares, Inc. leads on 11 and Hancock Whitney Corporation on 7.

Valuation

Metric EBC HWC Banks Regional median
P/E 13.08 14.25 12.02
P/S 3.10 2.88 2.36
P/B 1.17 1.36 1.23
Price to free cash flow 12.75 10.27 10.60
EV/EBITDA — — —
EV/Sales — — —
Earnings yield 7.64% 7.02% 8.21%
Free cash flow yield 7.84% 9.74% 9.23%

Profitability

Metric EBC HWC Banks Regional median
Gross margin 74.94% 75.22% 69.81%
Operating margin 0.00% 0.00% 0.00%
Net margin 24.04% 20.53% 18.82%
Free cash flow margin 0.00% 0.00% 17.97%
Return on equity 9.52% 9.42% 10.28%
Return on assets 1.33% 1.10% 1.13%
Return on invested capital 7.66% 8.54% 8.45%

Growth

Metric EBC HWC Banks Regional median
Revenue growth (TTM) 61.04% (0.64%) 6.37%
EPS growth (last fiscal year) (34.85%) 7.39% 18.85%
Revenue growth, 5-year CAGR 12.33% 7.89% 12.65%
Net income growth, 5-year CAGR 31.15% 0.00% 9.81%

Health

Metric EBC HWC Banks Regional median
Debt to equity 0.00 0.05 0.17
Current ratio 0.89 0.80 0.93
Net debt to EBITDA 0.00 0.00 0.00

Dividend

Metric EBC HWC Banks Regional median
Dividend yield 2.46% 2.73% 2.49%
Payout ratio 0.32 0.39 0.29

Size

Metric EBC HWC Banks Regional median
Market cap 5.19b 5.73b 934.85m

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