First BanCorp. (FBP) vs International Bancshares Corporation (IBOC)

First BanCorp. and International Bancshares Corporation are both Banks Regional companies. First BanCorp. and International Bancshares Corporation are of similar size ($4.3B and $4.1B). International Bancshares Corporation trades at the lower P/E: 10.5× against 11.3×. First BanCorp. grew revenue faster over the last twelve months: 2.66% against 2.08%. International Bancshares Corporation has the higher net margin (38.8% vs 29.2%) and the lower return on invested capital (10.8% vs 17.3%). Both pay a dividend; First BanCorp. yields more (3.42% vs 2.39%). Across the 20 metrics below, First BanCorp. leads on 12 and International Bancshares Corporation on 8.

Valuation

Metric FBP IBOC Banks Regional median
P/E 11.32 10.53 12.15
P/S 3.26 4.09 2.37
P/B 2.10 1.29 1.21
Price to free cash flow 9.40 9.60 10.80
EV/EBITDA n/m n/m —
EV/Sales 2.98 3.77 2.27
Earnings yield 8.83% 9.49% 8.11%
Free cash flow yield 10.64% 10.41% 8.98%

Profitability

Metric FBP IBOC Banks Regional median
Gross margin 80.79% 80.72% 69.57%
Operating margin 0.00% 0.00% 0.00%
Net margin 29.24% 38.83% 18.66%
Free cash flow margin 34.68% 42.55% 21.18%
Return on equity 19.49% 12.92% 10.64%
Return on assets 1.95% 2.47% 1.13%
Return on invested capital 17.33% 10.76% 8.33%

Growth

Metric FBP IBOC Banks Regional median
Revenue growth (TTM) 2.66% 2.08% 6.61%
EPS growth (last fiscal year) 18.78% 0.76% —
Revenue growth, 5-year CAGR 9.31% 12.83% 12.30%
Net income growth, 5-year CAGR 28.20% 19.77% 9.71%

Health

Metric FBP IBOC Banks Regional median
Debt to equity 0.10 0.04 0.22
Current ratio 0.80 0.77 0.94
Net debt to EBITDA 0.00 0.00 0.00

Dividend

Metric FBP IBOC Banks Regional median
Dividend yield 3.42% 2.39% 3.75%
Payout ratio 0.33 0.20 0.27

Size

Metric FBP IBOC Banks Regional median
Market cap 4.09b 4.32b 921.07m

Compare with another peer

Any metric, up to five companies and an Excel export Powerpack