Lloyds Banking Group PLC (LYG) vs The PNC Financial Services Group, Inc (PNC)

Lloyds Banking Group PLC and The PNC Financial Services Group, Inc are both Banks Regional companies. Lloyds Banking Group PLC and The PNC Financial Services Group, Inc are of similar size ($89.1B and $82.7B). The PNC Financial Services Group, Inc trades at the lower P/E: 12.4× against 16.3×. The PNC Financial Services Group, Inc grew revenue faster over the last twelve months: 5.20% against −42.6%. Lloyds Banking Group PLC has the higher net margin (55.0% vs 20.4%) and the lower return on invested capital (0.00% vs 4.85%). Both pay a dividend; Lloyds Banking Group PLC yields more (6.78% vs 4.25%). Across the 20 metrics below, The PNC Financial Services Group, Inc leads on 12 and Lloyds Banking Group PLC on 8.

Valuation

Metric LYG PNC Banks Regional median
P/E 16.28 12.41 12.15
P/S 7.46 2.55 2.37
P/B 1.34 1.42 1.21
Price to free cash flow 2.23 12.14 10.80
EV/EBITDA n/m n/m —
EV/Sales (18.48) 4.15 2.27
Earnings yield 6.14% 8.06% 8.11%
Free cash flow yield 44.85% 8.23% 8.98%

Profitability

Metric LYG PNC Banks Regional median
Gross margin 66.28% 70.25% 69.57%
Operating margin 0.00% 0.00% 0.00%
Net margin 55.01% 20.38% 18.66%
Free cash flow margin 0.00% 21.02% 21.18%
Return on equity 0.00% 11.93% 10.64%
Return on assets 0.00% 1.24% 1.13%
Return on invested capital 0.00% 4.85% 8.33%

Growth

Metric LYG PNC Banks Regional median
Revenue growth (TTM) (42.59%) 5.20% 6.61%
EPS growth (last fiscal year) (10.00%) 20.74% —
Revenue growth, 5-year CAGR 3.00% 13.23% 12.30%
Net income growth, 5-year CAGR 37.87% 19.35% 9.71%

Health

Metric LYG PNC Banks Regional median
Debt to equity 2.12 1.34 0.22
Current ratio 1.52 0.85 0.94
Net debt to EBITDA 0.00 0.00 0.00

Dividend

Metric LYG PNC Banks Regional median
Dividend yield 6.78% 4.25% 3.75%
Payout ratio 0.29 0.41 0.27

Size

Metric LYG PNC Banks Regional median
Market cap 82.72b 89.10b 921.07m

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