Avidia Bancorp, Inc. (AVBC) vs Plumas Bancorp (PLBC)

Avidia Bancorp, Inc. and Plumas Bancorp are both Banks Regional companies. Avidia Bancorp, Inc. and Plumas Bancorp are of similar size ($433.2M and $428.1M). Plumas Bancorp trades at the lower P/E: 12.1× against 22.8×. Plumas Bancorp grew revenue faster over the last twelve months: 38.7% against 7.16%. Plumas Bancorp has the higher net margin (27.4% vs 11.5%) and the higher return on invested capital (19.5% vs 2.89%). Across the 16 metrics below, Plumas Bancorp leads on 10 and Avidia Bancorp, Inc. on 6.

Valuation

Metric AVBC PLBC Banks Regional median
P/E 22.82 12.10 12.15
P/S 2.64 3.32 2.37
P/B 1.03 1.59 1.21
Price to free cash flow 8.38 11.67 10.80
EV/EBITDA n/m n/m —
EV/Sales 3.41 2.40 2.27
Earnings yield 4.38% 8.27% 8.11%
Free cash flow yield 11.94% 8.57% 8.98%

Profitability

Metric AVBC PLBC Banks Regional median
Gross margin 73.91% 86.28% 69.57%
Operating margin 0.00% 0.00% 0.00%
Net margin 11.52% 27.39% 18.66%
Free cash flow margin 31.47% 28.43% 21.18%
Return on equity 6.06% 15.41% 10.64%
Return on assets 0.61% 1.83% 1.13%
Return on invested capital 2.89% 19.54% 8.33%

Growth

Metric AVBC PLBC Banks Regional median
Revenue growth (TTM) 7.16% 38.65% 6.61%
EPS growth (last fiscal year) — (5.42%) —
Revenue growth, 5-year CAGR — 18.46% 12.30%
Net income growth, 5-year CAGR — 15.39% 9.71%

Health

Metric AVBC PLBC Banks Regional median
Debt to equity 0.48 0.06 0.22
Current ratio 1.05 0.86 0.94
Net debt to EBITDA 0.00 0.00 0.00

Dividend

Metric AVBC PLBC Banks Regional median
Dividend yield — 2.99% 3.75%
Payout ratio — 0.17 0.27

Size

Metric AVBC PLBC Banks Regional median
Market cap 433.16m 428.12m 921.07m

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