Northwest Bancshares, Inc. (NWBI) vs The Bancorp, Inc. (TBBK)

Northwest Bancshares, Inc. and The Bancorp, Inc. are both Banks Regional companies. Northwest Bancshares, Inc. and The Bancorp, Inc. are of similar size ($2.2B and $2.0B). The Bancorp, Inc. trades at the lower P/E: 9.4× against 14.6×. Northwest Bancshares, Inc. grew revenue faster over the last twelve months: 14.6% against 1.28%. The Bancorp, Inc. has the higher net margin (27.7% vs 16.3%) and the higher return on invested capital (22.9% vs 4.91%). Across the 19 metrics below, The Bancorp, Inc. leads on 14 and Northwest Bancshares, Inc. on 5.

Valuation

Metric NWBI TBBK Banks Regional median
P/E 14.58 9.38 12.15
P/S 2.38 2.51 2.37
P/B 1.16 2.97 1.21
Price to free cash flow 16.28 9.02 10.80
EV/EBITDA n/m n/m —
EV/Sales 3.03 2.67 2.27
Earnings yield 6.86% 10.66% 8.11%
Free cash flow yield 6.14% 11.09% 8.98%

Profitability

Metric NWBI TBBK Banks Regional median
Gross margin 74.85% 80.32% 69.57%
Operating margin 0.00% 0.00% 0.00%
Net margin 16.26% 27.72% 18.66%
Free cash flow margin 14.63% 27.78% 21.18%
Return on equity 8.57% 29.63% 10.64%
Return on assets 0.97% 2.57% 1.13%
Return on invested capital 4.91% 22.91% 8.33%

Growth

Metric NWBI TBBK Banks Regional median
Revenue growth (TTM) 14.55% 1.28% 6.61%
EPS growth (last fiscal year) 16.46% 14.69% —
Revenue growth, 5-year CAGR 9.19% 24.39% 12.30%
Net income growth, 5-year CAGR 10.97% 23.30% 9.71%

Health

Metric NWBI TBBK Banks Regional median
Debt to equity 0.44 0.30 0.22
Current ratio 0.95 0.88 0.94
Net debt to EBITDA 0.00 0.00 0.00

Dividend

Metric NWBI TBBK Banks Regional median
Dividend yield 6.81% — 3.75%
Payout ratio 0.74 0.00 0.27

Size

Metric NWBI TBBK Banks Regional median
Market cap 2.22b 2.04b 921.07m

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