First Hawaiian, Inc. (FHB) vs Simmons First National Corporation (SFNC)

First Hawaiian, Inc. and Simmons First National Corporation are both Banks Regional companies. First Hawaiian, Inc. and Simmons First National Corporation are of similar size ($3.2B and $3.0B). Simmons First National Corporation has negative trailing earnings, so its P/E is not meaningful; First Hawaiian, Inc. trades at 10.8×. First Hawaiian, Inc. grew revenue faster over the last twelve months: 1.57% against −56.9%. First Hawaiian, Inc. has the higher net margin (24.4% vs −56.5%) and the higher return on invested capital (12.8% vs −6.96%). Both pay a dividend; First Hawaiian, Inc. yields more (4.17% vs 3.89%). Across the 18 metrics below, First Hawaiian, Inc. leads on 13 and Simmons First National Corporation on 5.

Valuation

Metric FHB SFNC Banks Regional median
P/E 10.80 n/m 11.98
P/S 2.60 5.17 2.34
P/B 1.07 0.92 1.19
Price to free cash flow 9.71 6.48 10.63
EV/EBITDA — — —
EV/Sales — — —
Earnings yield 9.26% (11.51%) 8.23%
Free cash flow yield 10.30% 15.42% 9.08%

Profitability

Metric FHB SFNC Banks Regional median
Gross margin 77.44% 27.41% 69.55%
Operating margin 0.00% 0.00% 0.00%
Net margin 24.41% (56.54%) 18.66%
Free cash flow margin 26.79% 79.79% 21.11%
Return on equity 10.32% (9.94%) 10.65%
Return on assets 1.20% (1.36%) 1.13%
Return on invested capital 12.82% (6.96%) 8.35%

Growth

Metric FHB SFNC Banks Regional median
Revenue growth (TTM) 1.57% (56.85%) 6.98%
EPS growth (last fiscal year) 22.91% (343.80%) 18.88%
Revenue growth, 5-year CAGR 8.41% (8.88%) 12.38%
Net income growth, 5-year CAGR 8.26% 0.00% 9.71%

Health

Metric FHB SFNC Banks Regional median
Debt to equity 0.00 0.36 0.22
Current ratio 0.77 0.93 0.94
Net debt to EBITDA 0.00 0.00 0.00

Dividend

Metric FHB SFNC Banks Regional median
Dividend yield 4.17% 3.89% 2.57%
Payout ratio 0.45 — 0.30

Size

Metric FHB SFNC Banks Regional median
Market cap 3.03b 3.22b 913.33m

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