Pinnacle Financial Partners, Inc. (PNFP) vs Woori Bank (WF)

Pinnacle Financial Partners, Inc. and Woori Bank are both Banks Regional companies. Woori Bank is the larger, with a market value of $18.8B against $14.3B — 1.3× the size. Woori Bank trades at the lower P/E: 9.0× against 13.0×. Pinnacle Financial Partners, Inc. grew revenue faster over the last twelve months: 67.0% against 17.8%. Pinnacle Financial Partners, Inc. has the higher net margin (14.7% vs 11.4%) and the lower return on invested capital (4.85% vs 101.3%). Both pay a dividend; Woori Bank yields more (8.01% vs 1.18%). Across the 20 metrics below, Woori Bank leads on 12 and Pinnacle Financial Partners, Inc. on 8.

Valuation

Metric PNFP WF Banks Regional median
P/E 12.97 8.99 12.15
P/S 2.69 1.00 2.37
P/B 1.02 0.66 1.21
Price to free cash flow 9.85 3.37 10.80
EV/EBITDA n/m n/m —
EV/Sales 3.18 (0.42) 2.27
Earnings yield 7.71% 11.12% 8.11%
Free cash flow yield 10.16% 29.68% 8.98%

Profitability

Metric PNFP WF Banks Regional median
Gross margin 65.82% 54.19% 69.57%
Operating margin 0.00% 0.00% 0.00%
Net margin 14.70% 11.44% 18.66%
Free cash flow margin 27.35% 29.57% 21.18%
Return on equity 7.65% 8.08% 10.64%
Return on assets 0.85% 0.53% 1.13%
Return on invested capital 4.85% 101.28% 8.33%

Growth

Metric PNFP WF Banks Regional median
Revenue growth (TTM) 66.95% 17.84% 6.61%
EPS growth (last fiscal year) 35.40% (1.61%) —
Revenue growth, 5-year CAGR 19.79% 10.82% 12.30%
Net income growth, 5-year CAGR 15.51% 11.33% 9.71%

Health

Metric PNFP WF Banks Regional median
Debt to equity 0.69 0.99 0.22
Current ratio 0.94 1.16 0.94
Net debt to EBITDA 0.00 0.00 0.00

Dividend

Metric PNFP WF Banks Regional median
Dividend yield 1.18% 8.01% 3.75%
Payout ratio 0.11 0.29 0.27

Size

Metric PNFP WF Banks Regional median
Market cap 14.27b 18.76b 921.07m

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