Bay Commercial Bank (BCML) vs Fvcbankcorp, Inc. (FVCB)

Bay Commercial Bank and Fvcbankcorp, Inc. are both Banks Regional companies. Bay Commercial Bank and Fvcbankcorp, Inc. are of similar size ($341.8M and $320.8M). Fvcbankcorp, Inc. trades at the lower P/E: 12.5× against 25.7×. Fvcbankcorp, Inc. grew revenue faster over the last twelve months: 5.74% against 2.01%. Fvcbankcorp, Inc. has the higher net margin (20.5% vs 9.20%) and the higher return on invested capital (52.0% vs 6.59%). Across the 19 metrics below, Fvcbankcorp, Inc. leads on 14 and Bay Commercial Bank on 5.

Valuation

Metric BCML FVCB Banks Regional median
P/E 25.73 12.49 12.15
P/S 2.37 2.56 2.37
P/B 1.00 1.22 1.21
Price to free cash flow 12.69 10.23 10.80
EV/EBITDA n/m n/m —
EV/Sales 1.34 0.77 2.27
Earnings yield 3.89% 8.01% 8.11%
Free cash flow yield 7.88% 9.78% 8.98%

Profitability

Metric BCML FVCB Banks Regional median
Gross margin 72.76% 58.99% 69.57%
Operating margin 0.00% 0.00% 0.00%
Net margin 9.20% 20.45% 18.66%
Free cash flow margin 18.66% 25.07% 21.18%
Return on equity 3.93% 10.14% 10.64%
Return on assets 0.50% 1.12% 1.13%
Return on invested capital 6.59% 52.00% 8.33%

Growth

Metric BCML FVCB Banks Regional median
Revenue growth (TTM) 2.01% 5.74% 6.61%
EPS growth (last fiscal year) 3.81% 47.56% —
Revenue growth, 5-year CAGR 8.07% 11.76% 12.30%
Net income growth, 5-year CAGR 11.76% 7.31% 9.71%

Health

Metric BCML FVCB Banks Regional median
Debt to equity 0.09 0.09 0.22
Current ratio 1.04 1.03 0.94
Net debt to EBITDA 0.00 0.00 0.00

Dividend

Metric BCML FVCB Banks Regional median
Dividend yield 2.01% — 3.75%
Payout ratio 0.12 0.00 0.27

Size

Metric BCML FVCB Banks Regional median
Market cap 341.80m 320.83m 921.07m

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