Renasant Corporation (RNST) vs WesBanco, Inc. (WSBC)

Renasant Corporation and WesBanco, Inc. are both Banks Regional companies. Renasant Corporation and WesBanco, Inc. are of similar size ($3.7B and $3.7B). WesBanco, Inc. trades at the lower P/E: 11.2× against 12.0×. WesBanco, Inc. grew revenue faster over the last twelve months: 31.3% against 28.4%. WesBanco, Inc. has the higher net margin (21.8% vs 19.9%) and the lower return on invested capital (5.95% vs 6.92%). Both pay a dividend; WesBanco, Inc. yields more (5.12% vs 2.90%). Across the 20 metrics below, Renasant Corporation leads on 10 and WesBanco, Inc. on 10.

Valuation

Metric RNST WSBC Banks Regional median
P/E 12.01 11.21 12.15
P/S 2.35 2.44 2.37
P/B 0.96 0.96 1.21
Price to free cash flow 8.43 9.43 10.80
EV/EBITDA n/m n/m —
EV/Sales 2.29 2.95 2.27
Earnings yield 8.33% 8.92% 8.11%
Free cash flow yield 11.87% 10.60% 8.98%

Profitability

Metric RNST WSBC Banks Regional median
Gross margin 69.57% 69.54% 69.57%
Operating margin 0.00% 0.00% 0.00%
Net margin 19.94% 21.78% 18.66%
Free cash flow margin 27.27% 25.81% 21.18%
Return on equity 8.21% 8.78% 10.64%
Return on assets 1.17% 1.20% 1.13%
Return on invested capital 6.92% 5.95% 8.33%

Growth

Metric RNST WSBC Banks Regional median
Revenue growth (TTM) 28.39% 31.26% 6.61%
EPS growth (last fiscal year) (36.70%) (1.33%) —
Revenue growth, 5-year CAGR 14.50% 16.53% 12.30%
Net income growth, 5-year CAGR 16.73% 11.15% 9.71%

Health

Metric RNST WSBC Banks Regional median
Debt to equity 0.21 0.40 0.22
Current ratio 0.91 0.94 0.94
Net debt to EBITDA 0.00 0.00 0.00

Dividend

Metric RNST WSBC Banks Regional median
Dividend yield 2.90% 5.12% 3.75%
Payout ratio 0.30 0.45 0.27

Size

Metric RNST WSBC Banks Regional median
Market cap 3.66b 3.68b 921.07m

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