Fifth Third Bancorp (FITB) vs Lloyds Banking Group PLC (LYG)

Fifth Third Bancorp and Lloyds Banking Group PLC are both Banks Regional companies. Lloyds Banking Group PLC is the larger, with a market value of $74.1B against $48.3B — 1.5× the size. Lloyds Banking Group PLC trades at the lower P/E: 12.0× against 18.1×. Fifth Third Bancorp grew revenue faster over the last twelve months: 24.5% against −76.8%. Lloyds Banking Group PLC has the higher net margin (55.0% vs 15.0%) and the lower return on invested capital (0.00% vs 7.32%). Both pay a dividend; Lloyds Banking Group PLC yields more (4.13% vs 3.03%). Across the 19 metrics below, Fifth Third Bancorp leads on 10 and Lloyds Banking Group PLC on 9.

Valuation

Metric FITB LYG Banks Regional median
P/E 18.09 11.98 12.02
P/S 3.04 6.71 2.36
P/B 1.57 1.20 1.23
Price to free cash flow 18.30 2.01 10.60
EV/EBITDA — — —
EV/Sales — — —
Earnings yield 5.53% 8.35% 8.21%
Free cash flow yield 5.47% 49.87% 9.23%

Profitability

Metric FITB LYG Banks Regional median
Gross margin 72.89% 66.28% 69.81%
Operating margin 0.00% 0.00% 0.00%
Net margin 15.04% 55.01% 18.82%
Free cash flow margin 16.57% 0.00% 17.97%
Return on equity 9.59% 0.00% 10.28%
Return on assets 0.94% 0.00% 1.13%
Return on invested capital 7.32% 0.00% 8.45%

Growth

Metric FITB LYG Banks Regional median
Revenue growth (TTM) 24.45% (76.84%) 6.37%
EPS growth (last fiscal year) 12.42% 13.56% 18.85%
Revenue growth, 5-year CAGR 9.02% 3.00% 12.65%
Net income growth, 5-year CAGR 12.42% 37.87% 9.81%

Health

Metric FITB LYG Banks Regional median
Debt to equity 0.51 2.19 0.17
Current ratio 0.82 0.57 0.93
Net debt to EBITDA 0.00 0.00 0.00

Dividend

Metric FITB LYG Banks Regional median
Dividend yield 3.03% 4.13% 2.49%
Payout ratio 0.55 0.60 0.29

Size

Metric FITB LYG Banks Regional median
Market cap 48.30b 74.10b 934.85m

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