Glacier Bancorp, Inc. (GBCI) vs Hancock Whitney Corporation (HWC)

Glacier Bancorp, Inc. and Hancock Whitney Corporation are both Banks Regional companies. Glacier Bancorp, Inc. is the larger, with a market value of $6.3B against $5.7B — 1.1× the size. Hancock Whitney Corporation trades at the lower P/E: 14.3× against 18.2×. Glacier Bancorp, Inc. grew revenue faster over the last twelve months: 21.2% against −0.64%. Glacier Bancorp, Inc. has the higher net margin (21.2% vs 20.5%) and the higher return on invested capital (8.86% vs 8.54%). Both pay a dividend; Glacier Bancorp, Inc. yields more (2.76% vs 2.73%). Across the 19 metrics below, Glacier Bancorp, Inc. leads on 10 and Hancock Whitney Corporation on 9.

Valuation

Metric GBCI HWC Banks Regional median
P/E 18.18 14.25 12.02
P/S 3.86 2.88 2.36
P/B 1.46 1.36 1.23
Price to free cash flow 13.72 10.27 10.60
EV/EBITDA — — —
EV/Sales — — —
Earnings yield 5.50% 7.02% 8.21%
Free cash flow yield 7.29% 9.74% 9.23%

Profitability

Metric GBCI HWC Banks Regional median
Gross margin 76.87% 75.22% 69.81%
Operating margin 0.00% 0.00% 0.00%
Net margin 21.24% 20.53% 18.82%
Free cash flow margin 28.10% 0.00% 17.97%
Return on equity 8.77% 9.42% 10.28%
Return on assets 1.14% 1.10% 1.13%
Return on invested capital 8.86% 8.54% 8.45%

Growth

Metric GBCI HWC Banks Regional median
Revenue growth (TTM) 21.24% (0.64%) 6.37%
EPS growth (last fiscal year) 18.45% 7.39% 18.85%
Revenue growth, 5-year CAGR 12.43% 7.89% 12.65%
Net income growth, 5-year CAGR (2.15%) 0.00% 9.81%

Health

Metric GBCI HWC Banks Regional median
Debt to equity 0.05 0.05 0.17
Current ratio 0.85 0.80 0.93
Net debt to EBITDA 0.00 0.00 0.00

Dividend

Metric GBCI HWC Banks Regional median
Dividend yield 2.76% 2.73% 2.49%
Payout ratio 0.50 0.39 0.29

Size

Metric GBCI HWC Banks Regional median
Market cap 6.32b 5.73b 934.85m

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