Seacoast Banking Corporation of Florida (SBCF) vs Simmons First National Corporation (SFNC)

Seacoast Banking Corporation of Florida and Simmons First National Corporation are both Banks Regional companies. Seacoast Banking Corporation of Florida and Simmons First National Corporation are of similar size ($3.4B and $3.2B). Simmons First National Corporation has negative trailing earnings, so its P/E is not meaningful; Seacoast Banking Corporation of Florida trades at 20.8×. Seacoast Banking Corporation of Florida grew revenue faster over the last twelve months: 23.7% against −56.9%. Seacoast Banking Corporation of Florida has the higher net margin (14.9% vs −56.5%) and the higher return on invested capital (4.87% vs −6.96%). Both pay a dividend; Simmons First National Corporation yields more (4.69% vs 3.06%). Across the 19 metrics below, Seacoast Banking Corporation of Florida leads on 13 and Simmons First National Corporation on 6.

Valuation

Metric SBCF SFNC Banks Regional median
P/E 20.77 n/m 12.15
P/S 3.08 5.44 2.37
P/B 1.17 0.97 1.21
Price to free cash flow 15.39 6.82 10.80
EV/EBITDA n/m n/m —
EV/Sales 3.59 6.50 2.27
Earnings yield 4.81% (10.93%) 8.11%
Free cash flow yield 6.50% 14.65% 8.98%

Profitability

Metric SBCF SFNC Banks Regional median
Gross margin 70.94% 27.41% 69.57%
Operating margin 0.00% 0.00% 0.00%
Net margin 14.85% (56.54%) 18.66%
Free cash flow margin 20.04% 79.79% 21.18%
Return on equity 6.13% (9.94%) 10.64%
Return on assets 0.82% (1.36%) 1.13%
Return on invested capital 4.87% (6.96%) 8.33%

Growth

Metric SBCF SFNC Banks Regional median
Revenue growth (TTM) 23.66% (56.85%) 6.61%
EPS growth (last fiscal year) 11.27% (343.80%) —
Revenue growth, 5-year CAGR 21.83% (8.88%) 12.30%
Net income growth, 5-year CAGR 12.53% 0.00% 9.71%

Health

Metric SBCF SFNC Banks Regional median
Debt to equity 0.35 0.36 0.22
Current ratio 0.78 0.93 0.94
Net debt to EBITDA 0.00 0.00 0.00

Dividend

Metric SBCF SFNC Banks Regional median
Dividend yield 3.06% 4.69% 3.75%
Payout ratio 0.52 0.37 0.27

Size

Metric SBCF SFNC Banks Regional median
Market cap 3.18b 3.38b 921.07m

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