Wintrust Financial Corporation (WTFC) vs Zions Bancorporation, N.A. (ZION)

Wintrust Financial Corporation and Zions Bancorporation, N.A. are both Banks Regional companies. Wintrust Financial Corporation and Zions Bancorporation, N.A. are of similar size ($9.7B and $9.2B). Zions Bancorporation, N.A. trades at the lower P/E: 8.1× against 11.6×. Wintrust Financial Corporation grew revenue faster over the last twelve months: 6.06% against 3.88%. Zions Bancorporation, N.A. has the higher net margin (22.6% vs 19.5%) and the higher return on invested capital (15.7% vs 9.84%). Both pay a dividend; Zions Bancorporation, N.A. yields more (4.18% vs 1.79%). Across the 20 metrics below, Zions Bancorporation, N.A. leads on 15 and Wintrust Financial Corporation on 5.

Valuation

Metric WTFC ZION Banks Regional median
P/E 11.57 8.13 12.15
P/S 2.27 1.81 2.37
P/B 1.39 1.23 1.21
Price to free cash flow 6.26 5.55 10.80
EV/EBITDA n/m n/m —
EV/Sales 2.31 1.48 2.27
Earnings yield 8.64% 12.30% 8.11%
Free cash flow yield 15.97% 18.01% 8.98%

Profitability

Metric WTFC ZION Banks Regional median
Gross margin 65.90% 72.39% 69.57%
Operating margin 0.00% 0.00% 0.00%
Net margin 19.51% 22.60% 18.66%
Free cash flow margin 36.20% 32.53% 21.18%
Return on equity 12.57% 16.50% 10.64%
Return on assets 1.18% 1.31% 1.13%
Return on invested capital 9.84% 15.66% 8.33%

Growth

Metric WTFC ZION Banks Regional median
Revenue growth (TTM) 6.06% 3.88% 6.61%
EPS growth (last fiscal year) 10.57% 21.41% —
Revenue growth, 5-year CAGR 17.39% 10.93% 12.30%
Net income growth, 5-year CAGR 23.30% 12.13% 9.71%

Health

Metric WTFC ZION Banks Regional median
Debt to equity 0.58 0.25 0.22
Current ratio 0.98 0.84 0.94
Net debt to EBITDA 0.00 0.00 0.00

Dividend

Metric WTFC ZION Banks Regional median
Dividend yield 1.79% 4.18% 3.75%
Payout ratio 0.15 0.29 0.27

Size

Metric WTFC ZION Banks Regional median
Market cap 9.74b 9.17b 921.07m

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