Bank First National Corporation (BFC) vs Esquire Financial Holdings, Inc. (ESQ)

Bank First National Corporation and Esquire Financial Holdings, Inc. are both Banks Regional companies. Bank First National Corporation and Esquire Financial Holdings, Inc. are of similar size ($1.6B and $1.5B). Bank First National Corporation trades at the lower P/E: 18.5× against 20.0×. Bank First National Corporation grew revenue faster over the last twelve months: 31.8% against 20.0%. Esquire Financial Holdings, Inc. has the higher net margin (29.3% vs 0.00%) and the higher return on invested capital (61.2% vs 11.0%). Both pay a dividend; Bank First National Corporation yields more (1.42% vs 0.60%). Across the 18 metrics below, Esquire Financial Holdings, Inc. leads on 12 and Bank First National Corporation on 6.

Valuation

Metric BFC ESQ Banks Regional median
P/E 18.51 20.01 11.87
P/S 5.16 5.94 2.35
P/B 1.98 3.40 1.23
Price to free cash flow 29.32 16.61 10.45
EV/EBITDA — — —
EV/Sales — — —
Earnings yield 5.40% 5.00% 8.34%
Free cash flow yield 3.41% 6.02% 9.37%

Profitability

Metric BFC ESQ Banks Regional median
Gross margin 75.32% 88.70% 69.92%
Operating margin 0.00% 0.00% 0.00%
Net margin 0.00% 29.30% 18.99%
Free cash flow margin 22.18% 35.75% 18.19%
Return on equity 0.00% 18.26% 10.45%
Return on assets 0.00% 2.31% 1.15%
Return on invested capital 11.00% 61.15% 8.54%

Growth

Metric BFC ESQ Banks Regional median
Revenue growth (TTM) 31.79% 19.99% 6.56%
EPS growth (last fiscal year) 11.23% 14.20% 18.85%
Revenue growth, 5-year CAGR 15.32% 25.29% 12.65%
Net income growth, 5-year CAGR 13.51% 32.13% 9.81%

Health

Metric BFC ESQ Banks Regional median
Debt to equity 0.00 0.00 0.14
Current ratio 0.93 0.97 0.92
Net debt to EBITDA 0.00 0.00 0.00

Dividend

Metric BFC ESQ Banks Regional median
Dividend yield 1.42% 0.60% 2.51%
Payout ratio 0.26 0.13 0.30

Size

Metric BFC ESQ Banks Regional median
Market cap 1.63b 1.54b 915.17m

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