Avidbank Holdings Inc. (AVBH) vs Timberland Bancorp, Inc. (TSBK)

Avidbank Holdings Inc. and Timberland Bancorp, Inc. are both Banks Regional companies. Avidbank Holdings Inc. and Timberland Bancorp, Inc. are of similar size ($350.7M and $342.4M). Avidbank Holdings Inc. has negative trailing earnings, so its P/E is not meaningful; Timberland Bancorp, Inc. trades at 11.4×. Timberland Bancorp, Inc. grew revenue faster over the last twelve months: 6.43% against −32.7%. Timberland Bancorp, Inc. has the higher net margin (26.5% vs −14.1%) and the higher return on invested capital (83.9% vs −7.91%). Across the 18 metrics below, Timberland Bancorp, Inc. leads on 12 and Avidbank Holdings Inc. on 6.

Valuation

Metric AVBH TSBK Banks Regional median
P/E n/m 11.38 12.15
P/S 3.33 2.99 2.37
P/B 1.13 1.30 1.21
Price to free cash flow 6.36 12.25 10.80
EV/EBITDA n/m n/m —
EV/Sales 1.95 0.94 2.27
Earnings yield (6.02%) 8.78% 8.11%
Free cash flow yield 15.73% 8.16% 8.98%

Profitability

Metric AVBH TSBK Banks Regional median
Gross margin 46.29% 73.10% 69.57%
Operating margin 0.00% 0.00% 0.00%
Net margin (14.12%) 26.46% 18.66%
Free cash flow margin 52.44% 24.42% 21.18%
Return on equity (5.64%) 11.89% 10.64%
Return on assets (0.56%) 1.57% 1.13%
Return on invested capital (7.91%) 83.89% 8.33%

Growth

Metric AVBH TSBK Banks Regional median
Revenue growth (TTM) (32.72%) 6.43% 6.61%
EPS growth (last fiscal year) (181.52%) 21.93% —
Revenue growth, 5-year CAGR 36.67% 9.51% 12.30%
Net income growth, 5-year CAGR 0.00% 3.74% 9.71%

Health

Metric AVBH TSBK Banks Regional median
Debt to equity 0.07 0.04 0.22
Current ratio 1.03 1.00 0.94
Net debt to EBITDA 0.00 0.00 0.00

Dividend

Metric AVBH TSBK Banks Regional median
Dividend yield — 4.34% 3.75%
Payout ratio — 0.27 0.27

Size

Metric AVBH TSBK Banks Regional median
Market cap 342.43m 350.68m 921.07m

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