Lakeland Financial Corporation (LKFN) vs Triumph Financial, Inc. (TFIN)

Lakeland Financial Corporation and Triumph Financial, Inc. are both Banks Regional companies. Lakeland Financial Corporation and Triumph Financial, Inc. are of similar size ($1.5B and $1.5B). Lakeland Financial Corporation trades at the lower P/E: 13.6× against 41.5×. Triumph Financial, Inc. grew revenue faster over the last twelve months: 8.97% against 1.83%. Lakeland Financial Corporation has the higher net margin (26.0% vs 6.57%) and the lower return on invested capital (14.6% vs 27.9%). Both pay a dividend; Lakeland Financial Corporation yields more (2.94% vs 0.02%). Across the 20 metrics below, Triumph Financial, Inc. leads on 11 and Lakeland Financial Corporation on 9.

Valuation

Metric LKFN TFIN Banks Regional median
P/E 13.62 41.52 12.15
P/S 3.49 2.72 2.37
P/B 1.93 1.60 1.21
Price to free cash flow 13.35 9.47 10.80
EV/EBITDA n/m n/m —
EV/Sales 3.04 1.14 2.27
Earnings yield 7.34% 2.41% 8.11%
Free cash flow yield 7.49% 10.56% 8.98%

Profitability

Metric LKFN TFIN Banks Regional median
Gross margin 65.42% 84.45% 69.57%
Operating margin 0.00% 0.00% 0.00%
Net margin 26.04% 6.57% 18.66%
Free cash flow margin 26.15% 28.72% 21.18%
Return on equity 15.00% 3.97% 10.64%
Return on assets 1.57% 0.51% 1.13%
Return on invested capital 14.61% 27.91% 8.33%

Growth

Metric LKFN TFIN Banks Regional median
Revenue growth (TTM) 1.83% 8.97% 6.61%
EPS growth (last fiscal year) 10.47% 72.22% —
Revenue growth, 5-year CAGR 11.94% 6.29% 12.30%
Net income growth, 5-year CAGR 4.15% (18.69%) 9.71%

Health

Metric LKFN TFIN Banks Regional median
Debt to equity 0.00 0.05 0.22
Current ratio 0.90 1.01 0.94
Net debt to EBITDA 0.00 0.00 0.00

Dividend

Metric LKFN TFIN Banks Regional median
Dividend yield 2.94% 0.02% 3.75%
Payout ratio 0.47 0.00 0.27

Size

Metric LKFN TFIN Banks Regional median
Market cap 1.46b 1.45b 921.07m

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