BayFirst Financial Corp. (BAFN) vs Hanover Bancorp, Inc. (HNVR)
BayFirst Financial Corp. and Hanover Bancorp, Inc. are both Banks Regional companies. BayFirst Financial Corp. and Hanover Bancorp, Inc. are of similar size ($192.0M and $183.9M). BayFirst Financial Corp. has negative trailing earnings, so its P/E is not meaningful; Hanover Bancorp, Inc. trades at 20.9×. Hanover Bancorp, Inc. grew revenue faster over the last twelve months: −4.37% against −50.1%. Hanover Bancorp, Inc. has the higher net margin (6.55% vs −86.9%) and the higher return on invested capital (8.61% vs 0.00%). Both pay a dividend; BayFirst Financial Corp. yields more (2.52% vs 2.27%). Across the 19 metrics below, Hanover Bancorp, Inc. leads on 11 and BayFirst Financial Corp. on 8.
Valuation
Profitability
| Metric | BAFN | HNVR | Banks Regional median |
|---|---|---|---|
| Gross margin | 49.73% | 53.37% | 69.57% |
| Operating margin | 0.00% | 0.00% | 0.00% |
| Net margin | (86.85%) | 6.55% | 18.66% |
| Free cash flow margin | 205.06% | 18.47% | 21.18% |
| Return on equity | (102.63%) | 4.72% | 10.64% |
| Return on assets | (4.89%) | 0.40% | 1.13% |
| Return on invested capital | 0.00% | 8.61% | 8.33% |
Growth
Health
Dividend
Size
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