Bay Commercial Bank (BCML) vs Timberland Bancorp, Inc. (TSBK)

Bay Commercial Bank and Timberland Bancorp, Inc. are both Banks Regional companies. Bay Commercial Bank and Timberland Bancorp, Inc. are of similar size ($350.7M and $341.8M). Timberland Bancorp, Inc. trades at the lower P/E: 11.4× against 25.7×. Timberland Bancorp, Inc. grew revenue faster over the last twelve months: 6.43% against 2.01%. Timberland Bancorp, Inc. has the higher net margin (26.5% vs 9.20%) and the higher return on invested capital (83.9% vs 6.59%). Both pay a dividend; Timberland Bancorp, Inc. yields more (4.34% vs 2.01%). Across the 20 metrics below, Timberland Bancorp, Inc. leads on 16 and Bay Commercial Bank on 4.

Valuation

Metric BCML TSBK Banks Regional median
P/E 25.73 11.38 12.15
P/S 2.37 2.99 2.37
P/B 1.00 1.30 1.21
Price to free cash flow 12.69 12.25 10.80
EV/EBITDA n/m n/m —
EV/Sales 1.34 0.94 2.27
Earnings yield 3.89% 8.78% 8.11%
Free cash flow yield 7.88% 8.16% 8.98%

Profitability

Metric BCML TSBK Banks Regional median
Gross margin 72.76% 73.10% 69.57%
Operating margin 0.00% 0.00% 0.00%
Net margin 9.20% 26.46% 18.66%
Free cash flow margin 18.66% 24.42% 21.18%
Return on equity 3.93% 11.89% 10.64%
Return on assets 0.50% 1.57% 1.13%
Return on invested capital 6.59% 83.89% 8.33%

Growth

Metric BCML TSBK Banks Regional median
Revenue growth (TTM) 2.01% 6.43% 6.61%
EPS growth (last fiscal year) 3.81% 21.93% —
Revenue growth, 5-year CAGR 8.07% 9.51% 12.30%
Net income growth, 5-year CAGR 11.76% 3.74% 9.71%

Health

Metric BCML TSBK Banks Regional median
Debt to equity 0.09 0.04 0.22
Current ratio 1.04 1.00 0.94
Net debt to EBITDA 0.00 0.00 0.00

Dividend

Metric BCML TSBK Banks Regional median
Dividend yield 2.01% 4.34% 3.75%
Payout ratio 0.12 0.27 0.27

Size

Metric BCML TSBK Banks Regional median
Market cap 341.80m 350.68m 921.07m

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