California BanCorp (BCAL) vs Coastal Financial Corporation (CCB)

California BanCorp and Coastal Financial Corporation are both Banks Regional companies. California BanCorp and Coastal Financial Corporation are of similar size ($694.1M and $669.7M). Coastal Financial Corporation has negative trailing earnings, so its P/E is not meaningful; California BanCorp trades at 11.6×. Coastal Financial Corporation grew revenue faster over the last twelve months: 7.06% against −2.30%. California BanCorp has the higher net margin (26.0% vs −0.53%) and the higher return on invested capital (16.2% vs 0.00%). Across the 18 metrics below, California BanCorp leads on 9 and Coastal Financial Corporation on 9.

Valuation

Metric BCAL CCB Banks Regional median
P/E 11.63 n/m 12.15
P/S 3.01 0.94 2.37
P/B 1.19 1.47 1.21
Price to free cash flow 11.74 2.63 10.80
EV/EBITDA n/m n/m —
EV/Sales 1.86 (0.38) 2.27
Earnings yield 8.60% (0.51%) 8.11%
Free cash flow yield 8.52% 38.01% 8.98%

Profitability

Metric BCAL CCB Banks Regional median
Gross margin 77.87% 83.89% 69.57%
Operating margin 0.00% 0.00% 0.00%
Net margin 26.01% (0.53%) 18.66%
Free cash flow margin 25.61% 35.70% 21.18%
Return on equity 10.61% (0.83%) 10.64%
Return on assets 1.51% (0.08%) 1.13%
Return on invested capital 16.15% 0.00% 8.33%

Growth

Metric BCAL CCB Banks Regional median
Revenue growth (TTM) (2.30%) 7.06% 6.61%
EPS growth (last fiscal year) 777.27% (4.31%) —
Revenue growth, 5-year CAGR 37.44% 56.15% 12.30%
Net income growth, 5-year CAGR 67.92% 25.41% 9.71%

Health

Metric BCAL CCB Banks Regional median
Debt to equity 0.00 0.10 0.22
Current ratio 0.99 1.06 0.94
Net debt to EBITDA 0.00 0.00 0.00

Dividend

Metric BCAL CCB Banks Regional median
Dividend yield — — 3.75%
Payout ratio — 0.00 0.27

Size

Metric BCAL CCB Banks Regional median
Market cap 694.13m 669.67m 921.07m

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