Enterprise Financial Services Corporation (EFSC) vs Stock Yards Bancorp, Inc. (SYBT)

Enterprise Financial Services Corporation and Stock Yards Bancorp, Inc. are both Banks Regional companies. Stock Yards Bancorp, Inc. is the larger, with a market value of $2.5B against $2.2B — 1.1× the size. Enterprise Financial Services Corporation trades at the lower P/E: 12.4× against 15.2×. Stock Yards Bancorp, Inc. grew revenue faster over the last twelve months: 9.69% against 1.66%. Stock Yards Bancorp, Inc. has the higher net margin (25.9% vs 18.5%) and the lower return on invested capital (0.00% vs 7.77%). Both pay a dividend; Enterprise Financial Services Corporation yields more (2.15% vs 1.63%). Across the 19 metrics below, Enterprise Financial Services Corporation leads on 10 and Stock Yards Bancorp, Inc. on 9.

Valuation

Metric EFSC SYBT Banks Regional median
P/E 12.41 15.18 12.02
P/S 2.25 4.06 2.36
P/B 1.22 1.94 1.23
Price to free cash flow 9.50 12.73 10.60
EV/EBITDA — — —
EV/Sales — — —
Earnings yield 8.06% 6.59% 8.21%
Free cash flow yield 10.52% 7.85% 9.23%

Profitability

Metric EFSC SYBT Banks Regional median
Gross margin 75.18% 73.02% 69.81%
Operating margin 0.00% 0.00% 0.00%
Net margin 18.45% 25.89% 18.82%
Free cash flow margin 23.73% 33.85% 17.97%
Return on equity 9.79% 13.58% 10.28%
Return on assets 1.07% 1.60% 1.13%
Return on invested capital 7.77% 0.00% 8.45%

Growth

Metric EFSC SYBT Banks Regional median
Revenue growth (TTM) 1.66% 9.69% 6.37%
EPS growth (last fiscal year) 9.94% 22.11% 18.85%
Revenue growth, 5-year CAGR 22.76% 23.09% 12.65%
Net income growth, 5-year CAGR 21.58% 18.94% 9.81%

Health

Metric EFSC SYBT Banks Regional median
Debt to equity 0.26 0.22 0.17
Current ratio 0.84 1.01 0.93
Net debt to EBITDA 0.00 0.00 0.00

Dividend

Metric EFSC SYBT Banks Regional median
Dividend yield 2.15% 1.63% 2.49%
Payout ratio 0.27 0.25 0.29

Size

Metric EFSC SYBT Banks Regional median
Market cap 2.22b 2.46b 934.85m

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