Ames National Corporation (ATLO) vs GBank Financial Holdings Inc. (GBFH)

Ames National Corporation and GBank Financial Holdings Inc. are both Banks Regional companies. Ames National Corporation and GBank Financial Holdings Inc. are of similar size ($281.8M and $274.2M). Ames National Corporation trades at the lower P/E: 12.3× against 14.8×. GBank Financial Holdings Inc. grew revenue faster over the last twelve months: 20.0% against 7.03%. Ames National Corporation has the higher net margin (22.6% vs 15.4%) and the lower return on invested capital (18.7% vs 23.9%). Across the 17 metrics below, GBank Financial Holdings Inc. leads on 10 and Ames National Corporation on 7.

Valuation

Metric ATLO GBFH Banks Regional median
P/E 12.33 14.82 12.15
P/S 2.78 2.31 2.37
P/B 1.32 1.60 1.21
Price to free cash flow 11.56 8.91 10.80
EV/EBITDA n/m n/m —
EV/Sales 2.69 1.38 2.27
Earnings yield 8.11% 6.75% 8.11%
Free cash flow yield 8.65% 11.22% 8.98%

Profitability

Metric ATLO GBFH Banks Regional median
Gross margin 71.52% 68.90% 69.57%
Operating margin 0.00% 0.00% 0.00%
Net margin 22.64% 15.44% 18.66%
Free cash flow margin 24.03% 25.93% 21.18%
Return on equity 11.31% 11.39% 10.64%
Return on assets 1.09% 1.39% 1.13%
Return on invested capital 18.74% 23.93% 8.33%

Growth

Metric ATLO GBFH Banks Regional median
Revenue growth (TTM) 7.03% 19.95% 6.61%
EPS growth (last fiscal year) 87.72% 5.11% —
Revenue growth, 5-year CAGR 5.96% — 12.30%
Net income growth, 5-year CAGR 0.19% — 9.71%

Health

Metric ATLO GBFH Banks Regional median
Debt to equity 0.00 0.18 0.22
Current ratio 0.72 1.02 0.94
Net debt to EBITDA 0.00 0.00 0.00

Dividend

Metric ATLO GBFH Banks Regional median
Dividend yield 5.90% — 3.75%
Payout ratio 0.62 — 0.27

Size

Metric ATLO GBFH Banks Regional median
Market cap 281.75m 274.22m 921.07m

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