Bank First National Corporation (BFC) vs QCR Holdings, Inc. (QCRH)

Bank First National Corporation and QCR Holdings, Inc. are both Banks Regional companies. Bank First National Corporation and QCR Holdings, Inc. are of similar size ($1.7B and $1.7B). QCR Holdings, Inc. trades at the lower P/E: 11.9× against 19.8×. Bank First National Corporation grew revenue faster over the last twelve months: 22.8% against 6.98%. Bank First National Corporation has the higher net margin (27.6% vs 22.9%) and the higher return on invested capital (10.9% vs 6.62%). Both pay a dividend; Bank First National Corporation yields more (1.71% vs 0.43%). Across the 20 metrics below, QCR Holdings, Inc. leads on 12 and Bank First National Corporation on 8.

Valuation

Metric BFC QCRH Banks Regional median
P/E 19.78 11.87 12.15
P/S 5.77 2.68 2.37
P/B 2.06 1.45 1.21
Price to free cash flow 39.59 2.09 10.80
EV/EBITDA n/m n/m —
EV/Sales 4.95 3.17 2.27
Earnings yield 5.05% 8.42% 8.11%
Free cash flow yield 2.53% 47.75% 8.98%

Profitability

Metric BFC QCRH Banks Regional median
Gross margin 74.46% 63.77% 69.57%
Operating margin 0.00% 0.00% 0.00%
Net margin 27.57% 22.86% 18.66%
Free cash flow margin 14.58% 127.89% 21.18%
Return on equity 11.27% 12.91% 10.64%
Return on assets 1.56% 1.51% 1.13%
Return on invested capital 10.90% 6.62% 8.33%

Growth

Metric BFC QCRH Banks Regional median
Revenue growth (TTM) 22.80% 6.98% 6.61%
EPS growth (last fiscal year) 11.23% 11.62% —
Revenue growth, 5-year CAGR 15.32% 14.10% 12.30%
Net income growth, 5-year CAGR 13.51% 15.99% 9.71%

Health

Metric BFC QCRH Banks Regional median
Debt to equity 0.03 0.57 0.22
Current ratio 0.93 0.98 0.94
Net debt to EBITDA 0.00 0.00 0.00

Dividend

Metric BFC QCRH Banks Regional median
Dividend yield 1.71% 0.43% 3.75%
Payout ratio 0.20 0.04 0.27

Size

Metric BFC QCRH Banks Regional median
Market cap 1.67b 1.65b 921.07m

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