First Financial Bancorp. (FFBC) vs Simmons First National Corporation (SFNC)

First Financial Bancorp. and Simmons First National Corporation are both Banks Regional companies. First Financial Bancorp. and Simmons First National Corporation are of similar size ($3.4B and $3.4B). First Financial Bancorp. trades at the lower P/E: 11.3× against 12.9×. Simmons First National Corporation grew revenue faster over the last twelve months: 122.1% against 13.2%. First Financial Bancorp. has the higher net margin (20.8% vs 18.4%) and the higher return on invested capital (7.45% vs 4.71%). Both pay a dividend; Simmons First National Corporation yields more (3.69% vs 3.10%). Across the 18 metrics below, First Financial Bancorp. leads on 13 and Simmons First National Corporation on 5.

Valuation

Metric FFBC SFNC Banks Regional median
P/E 11.26 12.92 12.02
P/S 2.39 2.34 2.36
P/B 1.17 0.99 1.23
Price to free cash flow 4.63 6.73 10.60
EV/EBITDA — — —
EV/Sales — — —
Earnings yield 8.88% 7.74% 8.21%
Free cash flow yield 21.62% 14.86% 9.23%

Profitability

Metric FFBC SFNC Banks Regional median
Gross margin 74.03% 69.87% 69.81%
Operating margin 0.00% 0.00% 0.00%
Net margin 20.79% 18.38% 18.82%
Free cash flow margin 0.00% 0.00% 17.97%
Return on equity 10.68% 7.77% 10.28%
Return on assets 1.44% 1.08% 1.13%
Return on invested capital 7.45% 4.71% 8.45%

Growth

Metric FFBC SFNC Banks Regional median
Revenue growth (TTM) 13.23% 122.07% 6.37%
EPS growth (last fiscal year) 10.83% (343.80%) 18.85%
Revenue growth, 5-year CAGR 12.02% (8.88%) 12.65%
Net income growth, 5-year CAGR 10.41% 0.00% 9.81%

Health

Metric FFBC SFNC Banks Regional median
Debt to equity 0.33 0.50 0.17
Current ratio 0.85 0.95 0.93
Net debt to EBITDA 0.00 0.00 0.00

Dividend

Metric FFBC SFNC Banks Regional median
Dividend yield 3.10% 3.69% 2.49%
Payout ratio 0.35 0.48 0.29

Size

Metric FFBC SFNC Banks Regional median
Market cap 3.42b 3.36b 934.85m

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