ServisFirst Bancshares, Inc. (SFBS) vs Texas Capital Bancshares, Inc. (TCBI)

ServisFirst Bancshares, Inc. and Texas Capital Bancshares, Inc. are both Banks Regional companies. ServisFirst Bancshares, Inc. and Texas Capital Bancshares, Inc. are of similar size ($4.5B and $4.5B). Texas Capital Bancshares, Inc. trades at the lower P/E: 13.1× against 13.2×. ServisFirst Bancshares, Inc. grew revenue faster over the last twelve months: 4.93% against 3.04%. ServisFirst Bancshares, Inc. has the higher net margin (32.5% vs 16.9%) and the higher return on invested capital (29.7% vs 22.8%). Both pay a dividend; ServisFirst Bancshares, Inc. yields more (1.84% vs 0.39%). Across the 19 metrics below, Texas Capital Bancshares, Inc. leads on 11 and ServisFirst Bancshares, Inc. on 8.

Valuation

Metric SFBS TCBI Banks Regional median
P/E 13.19 13.10 12.02
P/S 4.29 2.17 2.36
P/B 2.22 1.39 1.23
Price to free cash flow 9.70 7.01 10.60
EV/EBITDA — — —
EV/Sales — — —
Earnings yield 7.58% 7.63% 8.21%
Free cash flow yield 10.31% 14.27% 9.23%

Profitability

Metric SFBS TCBI Banks Regional median
Gross margin 62.95% 65.65% 69.81%
Operating margin 0.00% 0.00% 0.00%
Net margin 32.53% 16.90% 18.82%
Free cash flow margin 0.00% 25.34% 17.97%
Return on equity 17.93% 10.60% 10.28%
Return on assets 1.91% 1.07% 1.13%
Return on invested capital 29.67% 22.80% 8.45%

Growth

Metric SFBS TCBI Banks Regional median
Revenue growth (TTM) 4.93% 3.04% 6.37%
EPS growth (last fiscal year) 21.63% 430.47% 18.85%
Revenue growth, 5-year CAGR 19.41% 9.98% 12.65%
Net income growth, 5-year CAGR 10.28% 40.81% 9.81%

Health

Metric SFBS TCBI Banks Regional median
Debt to equity 0.02 0.14 0.17
Current ratio 0.98 0.99 0.93
Net debt to EBITDA 0.00 0.00 0.00

Dividend

Metric SFBS TCBI Banks Regional median
Dividend yield 1.84% 0.39% 2.49%
Payout ratio 0.24 0.05 0.29

Size

Metric SFBS TCBI Banks Regional median
Market cap 4.52b 4.48b 934.85m

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