First Commonwealth Financial Corporation (FCF) vs German American Bancorp, Inc. (GABC)

First Commonwealth Financial Corporation and German American Bancorp, Inc. are both Banks Regional companies. First Commonwealth Financial Corporation and German American Bancorp, Inc. are of similar size ($2.0B and $1.9B). First Commonwealth Financial Corporation trades at the lower P/E: 12.8× against 13.3×. German American Bancorp, Inc. grew revenue faster over the last twelve months: 21.7% against 4.13%. German American Bancorp, Inc. has the higher net margin (28.2% vs 23.1%) and the lower return on invested capital (8.62% vs 8.93%). Both pay a dividend; First Commonwealth Financial Corporation yields more (3.27% vs 2.42%). Across the 19 metrics below, German American Bancorp, Inc. leads on 10 and First Commonwealth Financial Corporation on 9.

Valuation

Metric FCF GABC Banks Regional median
P/E 12.85 13.32 12.02
P/S 2.86 3.77 2.36
P/B 1.36 1.57 1.23
Price to free cash flow 11.95 10.38 10.60
EV/EBITDA — — —
EV/Sales — — —
Earnings yield 7.78% 7.50% 8.21%
Free cash flow yield 8.37% 9.63% 9.23%

Profitability

Metric FCF GABC Banks Regional median
Gross margin 74.28% 76.77% 69.81%
Operating margin 0.00% 0.00% 0.00%
Net margin 23.06% 28.24% 18.82%
Free cash flow margin 0.00% 36.33% 17.97%
Return on equity 0.00% 12.46% 10.28%
Return on assets 1.40% 1.70% 1.13%
Return on invested capital 8.93% 8.62% 8.45%

Growth

Metric FCF GABC Banks Regional median
Revenue growth (TTM) 4.13% 21.70% 6.37%
EPS growth (last fiscal year) 5.76% 8.13% 18.85%
Revenue growth, 5-year CAGR 13.02% 16.32% 12.65%
Net income growth, 5-year CAGR 15.70% 12.61% 9.81%

Health

Metric FCF GABC Banks Regional median
Debt to equity 0.08 0.14 0.17
Current ratio 0.92 0.86 0.93
Net debt to EBITDA 0.00 0.00 0.00

Dividend

Metric FCF GABC Banks Regional median
Dividend yield 3.27% 2.42% 2.49%
Payout ratio 0.41 0.32 0.29

Size

Metric FCF GABC Banks Regional median
Market cap 2.04b 1.90b 934.85m

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