Northwest Bancshares, Inc. (NWBI) vs 1st Source Corporation (SRCE)

Northwest Bancshares, Inc. and 1st Source Corporation are both Banks Regional companies. Northwest Bancshares, Inc. and 1st Source Corporation are of similar size ($2.2B and $2.1B). 1st Source Corporation trades at the lower P/E: 12.4× against 14.6×. Northwest Bancshares, Inc. grew revenue faster over the last twelve months: 14.6% against 4.21%. 1st Source Corporation has the higher net margin (27.8% vs 16.3%) and the higher return on invested capital (10.5% vs 4.91%). Both pay a dividend; Northwest Bancshares, Inc. yields more (6.81% vs 2.70%). Across the 20 metrics below, 1st Source Corporation leads on 14 and Northwest Bancshares, Inc. on 6.

Valuation

Metric NWBI SRCE Banks Regional median
P/E 14.58 12.37 12.15
P/S 2.38 3.41 2.37
P/B 1.16 1.53 1.21
Price to free cash flow 16.28 9.61 10.80
EV/EBITDA n/m n/m —
EV/Sales 3.03 3.35 2.27
Earnings yield 6.86% 8.08% 8.11%
Free cash flow yield 6.14% 10.41% 8.98%

Profitability

Metric NWBI SRCE Banks Regional median
Gross margin 74.85% 74.40% 69.57%
Operating margin 0.00% 0.00% 0.00%
Net margin 16.26% 27.81% 18.66%
Free cash flow margin 14.63% 35.44% 21.18%
Return on equity 8.57% 12.97% 10.64%
Return on assets 0.97% 1.84% 1.13%
Return on invested capital 4.91% 10.48% 8.33%

Growth

Metric NWBI SRCE Banks Regional median
Revenue growth (TTM) 14.55% 4.21% 6.61%
EPS growth (last fiscal year) 16.46% 19.59% —
Revenue growth, 5-year CAGR 9.19% 10.34% 12.30%
Net income growth, 5-year CAGR 10.97% 14.16% 9.71%

Health

Metric NWBI SRCE Banks Regional median
Debt to equity 0.44 0.07 0.22
Current ratio 0.95 0.97 0.94
Net debt to EBITDA 0.00 0.00 0.00

Dividend

Metric NWBI SRCE Banks Regional median
Dividend yield 6.81% 2.70% 3.75%
Payout ratio 0.74 0.25 0.27

Size

Metric NWBI SRCE Banks Regional median
Market cap 2.22b 2.06b 921.07m

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