Ames National Corporation (ATLO) vs NewtekOne, Inc. (NEWT)

Ames National Corporation and NewtekOne, Inc. are both Banks Regional companies. Ames National Corporation and NewtekOne, Inc. are of similar size ($308.3M and $301.5M). NewtekOne, Inc. trades at the lower P/E: 4.8× against 13.1×. NewtekOne, Inc. grew revenue faster over the last twelve months: 11.7% against 7.03%. Ames National Corporation has the higher net margin (22.6% vs 15.2%) and the higher return on invested capital (18.7% vs 5.17%). Both pay a dividend; NewtekOne, Inc. yields more (7.10% vs 2.72%). Across the 20 metrics below, NewtekOne, Inc. leads on 12 and Ames National Corporation on 8.

Valuation

Metric ATLO NEWT Banks Regional median
P/E 13.11 4.78 12.02
P/S 2.95 0.75 2.36
P/B 1.41 0.84 1.23
Price to free cash flow 12.29 n/m 10.60
EV/EBITDA — — —
EV/Sales — — —
Earnings yield 7.63% 20.93% 8.21%
Free cash flow yield 8.14% (242.49%) 9.23%

Profitability

Metric ATLO NEWT Banks Regional median
Gross margin 71.52% 100.00% 69.81%
Operating margin 0.00% 62.85% 0.00%
Net margin 22.64% 15.20% 18.82%
Free cash flow margin 24.03% (181.88%) 17.97%
Return on equity 11.31% 18.79% 10.28%
Return on assets 1.09% 2.33% 1.13%
Return on invested capital 18.74% 5.17% 8.45%

Growth

Metric ATLO NEWT Banks Regional median
Revenue growth (TTM) 7.03% 11.71% 6.37%
EPS growth (last fiscal year) 87.72% 11.22% 18.85%
Revenue growth, 5-year CAGR 5.96% 32.97% 12.65%
Net income growth, 5-year CAGR 0.19% 11.59% 9.81%

Health

Metric ATLO NEWT Banks Regional median
Debt to equity 0.00 6.54 0.17
Current ratio 0.72 0.65 0.93
Net debt to EBITDA 0.00 11.44 0.00

Dividend

Metric ATLO NEWT Banks Regional median
Dividend yield 2.72% 7.10% 2.49%
Payout ratio 0.36 0.34 0.29

Size

Metric ATLO NEWT Banks Regional median
Market cap 301.50m 308.28m 934.85m

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