Alerus Financial (ALRS) vs First Community Bancshares, Inc. (FCBC)

Alerus Financial and First Community Bancshares, Inc. are both Banks Regional companies. Alerus Financial and First Community Bancshares, Inc. are of similar size ($858.8M and $837.6M). First Community Bancshares, Inc. trades at the lower P/E: 14.3× against 28.4×. First Community Bancshares, Inc. grew revenue faster over the last twelve months: 10.9% against −15.0%. First Community Bancshares, Inc. has the higher net margin (28.8% vs 8.81%) and the lower return on invested capital (0.00% vs 4.30%). Both pay a dividend; First Community Bancshares, Inc. yields more (2.77% vs 2.55%). Across the 19 metrics below, First Community Bancshares, Inc. leads on 13 and Alerus Financial on 6.

Valuation

Metric ALRS FCBC Banks Regional median
P/E 28.36 14.31 12.02
P/S 2.47 4.18 2.36
P/B 1.45 1.59 1.23
Price to free cash flow 9.39 19.48 10.60
EV/EBITDA — — —
EV/Sales — — —
Earnings yield 3.53% 6.99% 8.21%
Free cash flow yield 10.65% 5.13% 9.23%

Profitability

Metric ALRS FCBC Banks Regional median
Gross margin 72.40% 91.46% 69.81%
Operating margin 0.00% 0.00% 0.00%
Net margin 8.81% 28.84% 18.82%
Free cash flow margin 0.00% 21.46% 17.97%
Return on equity 5.30% 11.38% 10.28%
Return on assets 0.56% 1.75% 1.13%
Return on invested capital 4.30% 0.00% 8.45%

Growth

Metric ALRS FCBC Banks Regional median
Revenue growth (TTM) (15.00%) 10.93% 6.37%
EPS growth (last fiscal year) (18.07%) (5.36%) 18.85%
Revenue growth, 5-year CAGR 6.19% 5.21% 12.65%
Net income growth, 5-year CAGR (16.83%) 6.31% 9.81%

Health

Metric ALRS FCBC Banks Regional median
Debt to equity 0.10 0.00 0.17
Current ratio 0.90 1.00 0.93
Net debt to EBITDA 0.00 0.00 0.00

Dividend

Metric ALRS FCBC Banks Regional median
Dividend yield 2.55% 2.77% 2.49%
Payout ratio 0.73 0.40 0.29

Size

Metric ALRS FCBC Banks Regional median
Market cap 837.59m 858.79m 934.85m

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