Republic Bancorp, Inc. (RBCAA) vs TriCo Bancshares (TCBK)

Republic Bancorp, Inc. and TriCo Bancshares are both Banks Regional companies. Republic Bancorp, Inc. and TriCo Bancshares are of similar size ($1.7B and $1.7B). TriCo Bancshares trades at the lower P/E: 12.5× against 14.4×. TriCo Bancshares grew revenue faster over the last twelve months: 3.55% against −2.72%. Republic Bancorp, Inc. has the higher net margin (25.4% vs 24.7%) and the higher return on invested capital (10.6% vs 8.97%). Both pay a dividend; TriCo Bancshares yields more (3.64% vs 3.06%). Across the 20 metrics below, TriCo Bancshares leads on 12 and Republic Bancorp, Inc. on 8.

Valuation

Metric RBCAA TCBK Banks Regional median
P/E 14.39 12.47 12.15
P/S 3.73 3.04 2.37
P/B 1.63 1.24 1.21
Price to free cash flow 13.79 12.56 10.80
EV/EBITDA n/m n/m —
EV/Sales 3.34 2.95 2.27
Earnings yield 6.95% 8.02% 8.11%
Free cash flow yield 7.25% 7.96% 8.98%

Profitability

Metric RBCAA TCBK Banks Regional median
Gross margin 81.19% 79.56% 69.57%
Operating margin 0.00% 0.00% 0.00%
Net margin 25.38% 24.66% 18.66%
Free cash flow margin 27.05% 24.23% 21.18%
Return on equity 11.55% 10.38% 10.64%
Return on assets 1.82% 1.36% 1.13%
Return on invested capital 10.63% 8.97% 8.33%

Growth

Metric RBCAA TCBK Banks Regional median
Revenue growth (TTM) (2.72%) 3.55% 6.61%
EPS growth (last fiscal year) 28.98% 6.94% —
Revenue growth, 5-year CAGR 8.97% 10.82% 12.30%
Net income growth, 5-year CAGR 9.54% 13.40% 9.71%

Health

Metric RBCAA TCBK Banks Regional median
Debt to equity 0.14 0.04 0.22
Current ratio 1.02 0.87 0.94
Net debt to EBITDA 0.00 0.00 0.00

Dividend

Metric RBCAA TCBK Banks Regional median
Dividend yield 3.06% 3.64% 3.75%
Payout ratio 0.32 0.30 0.27

Size

Metric RBCAA TCBK Banks Regional median
Market cap 1.65b 1.67b 921.07m

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