OFG Bancorp (OFG) vs Stock Yards Bancorp, Inc. (SYBT)

OFG Bancorp and Stock Yards Bancorp, Inc. are both Banks Regional companies. OFG Bancorp and Stock Yards Bancorp, Inc. are of similar size ($2.4B and $2.2B). OFG Bancorp trades at the lower P/E: 10.3× against 15.2×. Stock Yards Bancorp, Inc. grew revenue faster over the last twelve months: 9.39% against 3.82%. Stock Yards Bancorp, Inc. has the higher net margin (25.4% vs 24.0%) and the higher return on invested capital (16.5% vs 15.0%). Both pay a dividend; OFG Bancorp yields more (2.56% vs 1.68%). Across the 19 metrics below, OFG Bancorp leads on 11 and Stock Yards Bancorp, Inc. on 8.

Valuation

Metric OFG SYBT Banks Regional median
P/E 10.32 15.19 11.98
P/S 2.43 3.97 2.34
P/B 1.58 1.87 1.19
Price to free cash flow 12.11 15.71 10.63
EV/EBITDA — — —
EV/Sales — — —
Earnings yield 9.69% 6.58% 8.23%
Free cash flow yield 8.26% 6.36% 9.08%

Profitability

Metric OFG SYBT Banks Regional median
Gross margin 81.45% 71.98% 69.55%
Operating margin 0.00% 0.00% 0.00%
Net margin 24.04% 25.41% 18.66%
Free cash flow margin 22.26% 25.26% 21.11%
Return on equity 16.08% 13.28% 10.65%
Return on assets 1.81% 1.53% 1.13%
Return on invested capital 14.96% 16.50% 8.35%

Growth

Metric OFG SYBT Banks Regional median
Revenue growth (TTM) 3.82% 9.39% 6.98%
EPS growth (last fiscal year) 8.27% 22.11% 18.88%
Revenue growth, 5-year CAGR 8.62% 23.09% 12.38%
Net income growth, 5-year CAGR 24.78% 18.94% 9.71%

Health

Metric OFG SYBT Banks Regional median
Debt to equity 0.32 0.26 0.22
Current ratio 0.88 1.01 0.94
Net debt to EBITDA 0.00 0.00 0.00

Dividend

Metric OFG SYBT Banks Regional median
Dividend yield 2.56% 1.68% 2.57%
Payout ratio 0.27 0.26 0.30

Size

Metric OFG SYBT Banks Regional median
Market cap 2.20b 2.38b 913.33m

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