Renasant Corporation (RNST) vs Texas Capital Bancshares, Inc. (TCBI)

Renasant Corporation and Texas Capital Bancshares, Inc. are both Banks Regional companies. Renasant Corporation and Texas Capital Bancshares, Inc. are of similar size ($3.9B and $3.6B). Texas Capital Bancshares, Inc. trades at the lower P/E: 11.7× against 11.9×. Renasant Corporation grew revenue faster over the last twelve months: 28.4% against 13.5%. Renasant Corporation has the higher net margin (19.9% vs 17.1%) and the lower return on invested capital (6.92% vs 66.5%). Both pay a dividend; Renasant Corporation yields more (2.36% vs 0.44%). Across the 19 metrics below, Texas Capital Bancshares, Inc. leads on 11 and Renasant Corporation on 8.

Valuation

Metric RNST TCBI Banks Regional median
P/E 11.88 11.72 11.98
P/S 2.32 1.95 2.34
P/B 0.94 1.19 1.19
Price to free cash flow 8.33 6.76 10.63
EV/EBITDA — — —
EV/Sales — — —
Earnings yield 8.42% 8.54% 8.23%
Free cash flow yield 12.00% 14.79% 9.08%

Profitability

Metric RNST TCBI Banks Regional median
Gross margin 69.57% 65.16% 69.55%
Operating margin 0.00% 0.00% 0.00%
Net margin 19.94% 17.05% 18.66%
Free cash flow margin 27.27% 23.16% 21.11%
Return on equity 8.21% 10.59% 10.65%
Return on assets 1.17% 1.05% 1.13%
Return on invested capital 6.92% 66.51% 8.35%

Growth

Metric RNST TCBI Banks Regional median
Revenue growth (TTM) 28.39% 13.49% 6.98%
EPS growth (last fiscal year) (36.70%) 430.47% 18.88%
Revenue growth, 5-year CAGR 14.50% 9.98% 12.38%
Net income growth, 5-year CAGR 16.73% 40.81% 9.71%

Health

Metric RNST TCBI Banks Regional median
Debt to equity 0.21 0.14 0.22
Current ratio 0.91 1.00 0.94
Net debt to EBITDA 0.00 0.00 0.00

Dividend

Metric RNST TCBI Banks Regional median
Dividend yield 2.36% 0.44% 2.57%
Payout ratio 0.28 0.05 0.30

Size

Metric RNST TCBI Banks Regional median
Market cap 3.64b 3.94b 913.33m

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