Business First Bancshares, Inc. (BFST) vs CNB Financial Corporation (CCNE)

Business First Bancshares, Inc. and CNB Financial Corporation are both Banks Regional companies. Business First Bancshares, Inc. and CNB Financial Corporation are of similar size ($1.0B and $1.0B). CNB Financial Corporation trades at the lower P/E: 11.0× against 11.1×. CNB Financial Corporation grew revenue faster over the last twelve months: 32.6% against 7.80%. CNB Financial Corporation has the higher net margin (18.4% vs 16.3%) and the higher return on invested capital (16.2% vs 8.41%). Both pay a dividend; CNB Financial Corporation yields more (2.20% vs 1.92%). Across the 19 metrics below, CNB Financial Corporation leads on 10 and Business First Bancshares, Inc. on 9.

Valuation

Metric BFST CCNE Banks Regional median
P/E 11.10 10.97 11.98
P/S 1.90 2.02 2.34
P/B 1.09 1.18 1.19
Price to free cash flow 9.88 11.07 10.63
EV/EBITDA — — —
EV/Sales — — —
Earnings yield 9.01% 9.11% 8.23%
Free cash flow yield 10.12% 9.03% 9.08%

Profitability

Metric BFST CCNE Banks Regional median
Gross margin 64.32% 67.57% 69.55%
Operating margin 0.00% 0.00% 0.00%
Net margin 16.32% 18.40% 18.66%
Free cash flow margin 19.24% 18.25% 21.11%
Return on equity 10.22% 12.75% 10.65%
Return on assets 1.04% 1.24% 1.13%
Return on invested capital 8.41% 16.17% 8.35%

Growth

Metric BFST CCNE Banks Regional median
Revenue growth (TTM) 7.80% 32.62% 6.98%
EPS growth (last fiscal year) 23.45% 4.18% 18.88%
Revenue growth, 5-year CAGR 24.70% 17.24% 12.38%
Net income growth, 5-year CAGR 22.42% 14.27% 9.71%

Health

Metric BFST CCNE Banks Regional median
Debt to equity 0.56 0.06 0.22
Current ratio 1.01 0.96 0.94
Net debt to EBITDA 0.00 0.00 0.00

Dividend

Metric BFST CCNE Banks Regional median
Dividend yield 1.92% 2.20% 2.57%
Payout ratio 0.21 0.24 0.30

Size

Metric BFST CCNE Banks Regional median
Market cap 1.01b 1.00b 913.33m

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