Northwest Bancshares, Inc. (NWBI) vs Stock Yards Bancorp, Inc. (SYBT)

Northwest Bancshares, Inc. and Stock Yards Bancorp, Inc. are both Banks Regional companies. Northwest Bancshares, Inc. and Stock Yards Bancorp, Inc. are of similar size ($2.5B and $2.2B). Northwest Bancshares, Inc. trades at the lower P/E: 11.1× against 15.2×. Northwest Bancshares, Inc. grew revenue faster over the last twelve months: 13.1% against 9.69%. Stock Yards Bancorp, Inc. has the higher net margin (25.9% vs 20.9%) and the lower return on invested capital (0.00% vs 6.34%). Both pay a dividend; Northwest Bancshares, Inc. yields more (5.21% vs 1.63%). Across the 19 metrics below, Stock Yards Bancorp, Inc. leads on 11 and Northwest Bancshares, Inc. on 8.

Valuation

Metric NWBI SYBT Banks Regional median
P/E 11.12 15.18 12.02
P/S 2.32 4.06 2.36
P/B 1.18 1.94 1.23
Price to free cash flow 16.16 12.73 10.60
EV/EBITDA — — —
EV/Sales — — —
Earnings yield 8.99% 6.59% 8.21%
Free cash flow yield 6.19% 7.85% 9.23%

Profitability

Metric NWBI SYBT Banks Regional median
Gross margin 75.09% 73.02% 69.81%
Operating margin 0.00% 0.00% 0.00%
Net margin 20.88% 25.89% 18.82%
Free cash flow margin 0.00% 33.85% 17.97%
Return on equity 10.70% 13.58% 10.28%
Return on assets 1.19% 1.60% 1.13%
Return on invested capital 6.34% 0.00% 8.45%

Growth

Metric NWBI SYBT Banks Regional median
Revenue growth (TTM) 13.08% 9.69% 6.37%
EPS growth (last fiscal year) 16.46% 22.11% 18.85%
Revenue growth, 5-year CAGR 9.19% 23.09% 12.65%
Net income growth, 5-year CAGR 10.97% 18.94% 9.81%

Health

Metric NWBI SYBT Banks Regional median
Debt to equity 0.48 0.22 0.17
Current ratio 0.95 1.01 0.93
Net debt to EBITDA 0.00 0.00 0.00

Dividend

Metric NWBI SYBT Banks Regional median
Dividend yield 5.21% 1.63% 2.49%
Payout ratio 0.59 0.25 0.29

Size

Metric NWBI SYBT Banks Regional median
Market cap 2.24b 2.46b 934.85m

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