The Bancorp, Inc. (TBBK) vs WaFd, Inc. (WAFD)

The Bancorp, Inc. and WaFd, Inc. are both Banks Regional companies. The Bancorp, Inc. and WaFd, Inc. are of similar size ($2.2B and $2.0B). WaFd, Inc. trades at the lower P/E: 9.1× against 9.2×. The Bancorp, Inc. grew revenue faster over the last twelve months: 1.28% against −4.62%. The Bancorp, Inc. has the higher net margin (27.7% vs 17.4%) and the higher return on invested capital (22.9% vs 3.66%). Across the 18 metrics below, The Bancorp, Inc. leads on 11 and WaFd, Inc. on 7.

Valuation

Metric TBBK WAFD Banks Regional median
P/E 9.20 9.12 11.98
P/S 2.46 1.55 2.34
P/B 2.92 0.79 1.19
Price to free cash flow 8.85 7.72 10.63
EV/EBITDA — — —
EV/Sales — — —
Earnings yield 10.87% 10.96% 8.23%
Free cash flow yield 11.30% 12.96% 9.08%

Profitability

Metric TBBK WAFD Banks Regional median
Gross margin 80.32% 56.36% 69.55%
Operating margin 0.00% 0.00% 0.00%
Net margin 27.72% 17.42% 18.66%
Free cash flow margin 27.78% 20.07% 21.11%
Return on equity 29.63% 8.90% 10.65%
Return on assets 2.57% 0.89% 1.13%
Return on invested capital 22.91% 3.66% 8.35%

Growth

Metric TBBK WAFD Banks Regional median
Revenue growth (TTM) 1.28% (4.62%) 6.98%
EPS growth (last fiscal year) 14.69% 5.20% 18.88%
Revenue growth, 5-year CAGR 24.39% 14.78% 12.38%
Net income growth, 5-year CAGR 23.30% 4.04% 9.71%

Health

Metric TBBK WAFD Banks Regional median
Debt to equity 0.30 1.08 0.22
Current ratio 0.88 0.98 0.94
Net debt to EBITDA 0.00 0.00 0.00

Dividend

Metric TBBK WAFD Banks Regional median
Dividend yield — 3.71% 2.57%
Payout ratio — 0.34 0.30

Size

Metric TBBK WAFD Banks Regional median
Market cap 2.00b 2.18b 913.33m

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