Bank First National Corporation (BFC) vs Hope Bancorp, Inc. (HOPE)

Bank First National Corporation and Hope Bancorp, Inc. are both Banks Regional companies. Bank First National Corporation and Hope Bancorp, Inc. are of similar size ($1.8B and $1.7B). Hope Bancorp, Inc. trades at the lower P/E: 13.8× against 19.8×. Bank First National Corporation grew revenue faster over the last twelve months: 22.8% against 8.78%. Bank First National Corporation has the higher net margin (27.6% vs 12.5%) and the higher return on invested capital (10.9% vs 4.56%). Both pay a dividend; Hope Bancorp, Inc. yields more (5.28% vs 1.71%). Across the 20 metrics below, Bank First National Corporation leads on 10 and Hope Bancorp, Inc. on 10.

Valuation

Metric BFC HOPE Banks Regional median
P/E 19.78 13.83 12.15
P/S 5.77 1.73 2.37
P/B 2.06 0.77 1.21
Price to free cash flow 39.59 9.38 10.80
EV/EBITDA n/m n/m —
EV/Sales 4.95 1.67 2.27
Earnings yield 5.05% 7.23% 8.11%
Free cash flow yield 2.53% 10.67% 8.98%

Profitability

Metric BFC HOPE Banks Regional median
Gross margin 74.46% 56.48% 69.57%
Operating margin 0.00% 0.00% 0.00%
Net margin 27.57% 12.52% 18.66%
Free cash flow margin 14.58% 18.46% 21.18%
Return on equity 11.27% 5.66% 10.64%
Return on assets 1.56% 0.68% 1.13%
Return on invested capital 10.90% 4.56% 8.33%

Growth

Metric BFC HOPE Banks Regional median
Revenue growth (TTM) 22.80% 8.78% 6.61%
EPS growth (last fiscal year) 11.23% (40.24%) —
Revenue growth, 5-year CAGR 15.32% 8.21% 12.30%
Net income growth, 5-year CAGR 13.51% (11.20%) 9.71%

Health

Metric BFC HOPE Banks Regional median
Debt to equity 0.03 0.25 0.22
Current ratio 0.93 0.98 0.94
Net debt to EBITDA 0.00 0.00 0.00

Dividend

Metric BFC HOPE Banks Regional median
Dividend yield 1.71% 5.28% 3.75%
Payout ratio 0.20 0.37 0.27

Size

Metric BFC HOPE Banks Regional median
Market cap 1.67b 1.75b 921.07m

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