First Community Bancshares, Inc. (FCBC) vs Southside Bancshares, Inc. (SBSI)

First Community Bancshares, Inc. and Southside Bancshares, Inc. are both Banks Regional companies. First Community Bancshares, Inc. and Southside Bancshares, Inc. are of similar size ($921.1M and $896.9M). Southside Bancshares, Inc. trades at the lower P/E: 12.2× against 15.0×. First Community Bancshares, Inc. grew revenue faster over the last twelve months: 10.9% against −4.11%. First Community Bancshares, Inc. has the higher net margin (28.8% vs 17.6%) and the lower return on invested capital (0.00% vs 5.30%). Both pay a dividend; Southside Bancshares, Inc. yields more (4.90% vs 3.52%). Across the 20 metrics below, First Community Bancshares, Inc. leads on 10 and Southside Bancshares, Inc. on 10.

Valuation

Metric FCBC SBSI Banks Regional median
P/E 14.97 12.24 12.15
P/S 4.38 2.15 2.37
P/B 1.67 1.05 1.21
Price to free cash flow 20.39 7.28 10.80
EV/EBITDA n/m n/m —
EV/Sales 1.50 2.68 2.27
Earnings yield 6.68% 8.17% 8.11%
Free cash flow yield 4.91% 13.73% 8.98%

Profitability

Metric FCBC SBSI Banks Regional median
Gross margin 91.46% 57.64% 69.57%
Operating margin 0.00% 0.00% 0.00%
Net margin 28.84% 17.64% 18.66%
Free cash flow margin 21.46% 29.51% 21.18%
Return on equity 11.38% 8.99% 10.64%
Return on assets 1.75% 0.89% 1.13%
Return on invested capital 0.00% 5.30% 8.33%

Growth

Metric FCBC SBSI Banks Regional median
Revenue growth (TTM) 10.93% (4.11%) 6.61%
EPS growth (last fiscal year) (5.36%) (21.31%) —
Revenue growth, 5-year CAGR 5.21% 8.28% 12.30%
Net income growth, 5-year CAGR 6.31% (3.38%) 9.71%

Health

Metric FCBC SBSI Banks Regional median
Debt to equity 0.00 0.71 0.22
Current ratio 1.00 0.74 0.94
Net debt to EBITDA 0.00 0.00 0.00

Dividend

Metric FCBC SBSI Banks Regional median
Dividend yield 3.52% 4.90% 3.75%
Payout ratio 0.41 0.41 0.27

Size

Metric FCBC SBSI Banks Regional median
Market cap 896.92m 921.07m 921.07m

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