FB Financial Corporation (FBK) vs Trustmark Corporation (TRMK)

FB Financial Corporation and Trustmark Corporation are both Banks Regional companies. FB Financial Corporation and Trustmark Corporation are of similar size ($2.6B and $2.5B). Trustmark Corporation trades at the lower P/E: 11.4× against 11.4×. FB Financial Corporation grew revenue faster over the last twelve months: 25.5% against −0.11%. FB Financial Corporation has the higher net margin (22.6% vs 21.0%) and the higher return on invested capital (20.5% vs 10.5%). Both pay a dividend; Trustmark Corporation yields more (2.21% vs 1.59%). Across the 19 metrics below, FB Financial Corporation leads on 10 and Trustmark Corporation on 9.

Valuation

Metric FBK TRMK Banks Regional median
P/E 11.41 11.35 11.98
P/S 2.49 2.35 2.34
P/B 1.33 1.22 1.19
Price to free cash flow 12.67 14.56 10.63
EV/EBITDA — — —
EV/Sales — — —
Earnings yield 8.76% 8.81% 8.23%
Free cash flow yield 7.89% 6.87% 9.08%

Profitability

Metric FBK TRMK Banks Regional median
Gross margin 67.87% 73.15% 69.55%
Operating margin 0.00% 0.00% 0.00%
Net margin 22.62% 20.96% 18.66%
Free cash flow margin 0.00% 16.11% 21.11%
Return on equity 11.93% 11.12% 10.65%
Return on assets 1.40% 1.24% 1.13%
Return on invested capital 20.48% 10.48% 8.35%

Growth

Metric FBK TRMK Banks Regional median
Revenue growth (TTM) 25.48% (0.11%) 6.98%
EPS growth (last fiscal year) (0.81%) 1.93% 18.88%
Revenue growth, 5-year CAGR 7.32% 8.41% 12.38%
Net income growth, 5-year CAGR 14.02% 6.97% 9.71%

Health

Metric FBK TRMK Banks Regional median
Debt to equity 0.00 0.11 0.22
Current ratio 0.95 0.89 0.94
Net debt to EBITDA 0.00 0.00 0.00

Dividend

Metric FBK TRMK Banks Regional median
Dividend yield 1.59% 2.21% 2.57%
Payout ratio 0.18 0.25 0.30

Size

Metric FBK TRMK Banks Regional median
Market cap 2.49b 2.61b 913.33m

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