Bank First National Corporation (BFC) vs Origin Bancorp, Inc. (OBK)

Bank First National Corporation and Origin Bancorp, Inc. are both Banks Regional companies. Bank First National Corporation and Origin Bancorp, Inc. are of similar size ($1.7B and $1.6B). Origin Bancorp, Inc. trades at the lower P/E: 16.7× against 19.8×. Bank First National Corporation grew revenue faster over the last twelve months: 22.8% against 4.96%. Bank First National Corporation has the higher net margin (27.6% vs 16.3%) and the higher return on invested capital (10.9% vs 8.93%). Both pay a dividend; Origin Bancorp, Inc. yields more (2.10% vs 1.71%). Across the 20 metrics below, Origin Bancorp, Inc. leads on 11 and Bank First National Corporation on 9.

Valuation

Metric BFC OBK Banks Regional median
P/E 19.78 16.66 12.15
P/S 5.77 2.70 2.37
P/B 2.06 1.29 1.21
Price to free cash flow 39.59 9.43 10.80
EV/EBITDA n/m n/m —
EV/Sales 4.95 2.06 2.27
Earnings yield 5.05% 6.00% 8.11%
Free cash flow yield 2.53% 10.60% 8.98%

Profitability

Metric BFC OBK Banks Regional median
Gross margin 74.46% 69.33% 69.57%
Operating margin 0.00% 0.00% 0.00%
Net margin 27.57% 16.26% 18.66%
Free cash flow margin 14.58% 28.62% 21.18%
Return on equity 11.27% 8.02% 10.64%
Return on assets 1.56% 1.00% 1.13%
Return on invested capital 10.90% 8.93% 8.33%

Growth

Metric BFC OBK Banks Regional median
Revenue growth (TTM) 22.80% 4.96% 6.61%
EPS growth (last fiscal year) 11.23% (2.04%) —
Revenue growth, 5-year CAGR 15.32% 15.30% 12.30%
Net income growth, 5-year CAGR 13.51% 15.64% 9.71%

Health

Metric BFC OBK Banks Regional median
Debt to equity 0.03 0.12 0.22
Current ratio 0.93 0.98 0.94
Net debt to EBITDA 0.00 0.00 0.00

Dividend

Metric BFC OBK Banks Regional median
Dividend yield 1.71% 2.10% 3.75%
Payout ratio 0.20 0.16 0.27

Size

Metric BFC OBK Banks Regional median
Market cap 1.67b 1.64b 921.07m

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