First Horizon Corporation (FHN) vs UMB Financial Corporation (UMBF)

First Horizon Corporation and UMB Financial Corporation are both Banks Regional companies. First Horizon Corporation and UMB Financial Corporation are of similar size ($10.8B and $10.0B). UMB Financial Corporation trades at the lower P/E: 10.9× against 15.9×. UMB Financial Corporation grew revenue faster over the last twelve months: 27.6% against −8.23%. UMB Financial Corporation has the higher net margin (21.1% vs 15.1%) and the higher return on invested capital (41.1% vs 12.3%). Both pay a dividend; First Horizon Corporation yields more (2.88% vs 1.04%). Across the 19 metrics below, UMB Financial Corporation leads on 14 and First Horizon Corporation on 5.

Valuation

Metric FHN UMBF Banks Regional median
P/E 15.85 10.85 11.98
P/S 2.42 2.29 2.34
P/B 1.28 1.29 1.19
Price to free cash flow 10.63 9.57 10.63
EV/EBITDA — — —
EV/Sales — — —
Earnings yield 6.31% 9.21% 8.23%
Free cash flow yield 9.41% 10.45% 9.08%

Profitability

Metric FHN UMBF Banks Regional median
Gross margin 67.95% 66.95% 69.55%
Operating margin 0.00% 0.00% 0.00%
Net margin 15.14% 21.06% 18.66%
Free cash flow margin 0.00% 23.89% 21.11%
Return on equity 7.83% 12.55% 10.65%
Return on assets 0.81% 1.27% 1.13%
Return on invested capital 12.27% 41.14% 8.35%

Growth

Metric FHN UMBF Banks Regional median
Revenue growth (TTM) (8.23%) 27.62% 6.98%
EPS growth (last fiscal year) 37.50% 3.34% 18.88%
Revenue growth, 5-year CAGR 8.01% 24.81% 12.38%
Net income growth, 5-year CAGR 3.07% 19.03% 9.71%

Health

Metric FHN UMBF Banks Regional median
Debt to equity 0.14 0.06 0.22
Current ratio 0.97 0.76 0.94
Net debt to EBITDA 0.00 0.00 0.00

Dividend

Metric FHN UMBF Banks Regional median
Dividend yield 2.88% 1.04% 2.57%
Payout ratio 0.46 0.11 0.30

Size

Metric FHN UMBF Banks Regional median
Market cap 10.83b 10.01b 913.33m

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