Pinnacle Financial Partners, Inc. (PNFP) vs UMB Financial Corporation (UMBF)

Pinnacle Financial Partners, Inc. and UMB Financial Corporation are both Banks Regional companies. Pinnacle Financial Partners, Inc. is the larger, with a market value of $14.3B against $10.3B — 1.4× the size. UMB Financial Corporation trades at the lower P/E: 11.2× against 13.0×. Pinnacle Financial Partners, Inc. grew revenue faster over the last twelve months: 67.0% against 27.6%. UMB Financial Corporation has the higher net margin (21.1% vs 14.7%) and the higher return on invested capital (41.1% vs 4.85%). Both pay a dividend; UMB Financial Corporation yields more (1.95% vs 1.18%). Across the 20 metrics below, UMB Financial Corporation leads on 13 and Pinnacle Financial Partners, Inc. on 7.

Valuation

Metric PNFP UMBF Banks Regional median
P/E 12.97 11.24 12.15
P/S 2.69 2.37 2.37
P/B 1.02 1.33 1.21
Price to free cash flow 9.85 9.92 10.80
EV/EBITDA n/m n/m —
EV/Sales 3.18 0.94 2.27
Earnings yield 7.71% 8.89% 8.11%
Free cash flow yield 10.16% 10.09% 8.98%

Profitability

Metric PNFP UMBF Banks Regional median
Gross margin 65.82% 66.95% 69.57%
Operating margin 0.00% 0.00% 0.00%
Net margin 14.70% 21.06% 18.66%
Free cash flow margin 27.35% 23.89% 21.18%
Return on equity 7.65% 12.55% 10.64%
Return on assets 0.85% 1.27% 1.13%
Return on invested capital 4.85% 41.14% 8.33%

Growth

Metric PNFP UMBF Banks Regional median
Revenue growth (TTM) 66.95% 27.62% 6.61%
EPS growth (last fiscal year) 35.40% 3.34% —
Revenue growth, 5-year CAGR 19.79% 24.81% 12.30%
Net income growth, 5-year CAGR 15.51% 19.03% 9.71%

Health

Metric PNFP UMBF Banks Regional median
Debt to equity 0.69 0.06 0.22
Current ratio 0.94 0.76 0.94
Net debt to EBITDA 0.00 0.00 0.00

Dividend

Metric PNFP UMBF Banks Regional median
Dividend yield 1.18% 1.95% 3.75%
Payout ratio 0.11 0.20 0.27

Size

Metric PNFP UMBF Banks Regional median
Market cap 14.27b 10.25b 921.07m

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