Business First Bancshares, Inc. (BFST) vs Northeast Bancorp (NBN)

Business First Bancshares, Inc. and Northeast Bancorp are both Banks Regional companies. Business First Bancshares, Inc. and Northeast Bancorp are of similar size ($1.1B and $1.0B). Northeast Bancorp trades at the lower P/E: 9.7× against 11.1×. Northeast Bancorp grew revenue faster over the last twelve months: 9.71% against 7.80%. Northeast Bancorp has the higher net margin (27.9% vs 16.3%) and the higher return on invested capital (8.97% vs 8.41%). Both pay a dividend; Business First Bancshares, Inc. yields more (1.92% vs 0.03%). Across the 18 metrics below, Business First Bancshares, Inc. leads on 9 and Northeast Bancorp on 9.

Valuation

Metric BFST NBN Banks Regional median
P/E 11.10 9.70 11.98
P/S 1.90 2.70 2.34
P/B 1.09 1.72 1.19
Price to free cash flow 9.88 n/m 10.63
EV/EBITDA — — —
EV/Sales — — —
Earnings yield 9.01% 10.31% 8.23%
Free cash flow yield 10.12% (6.14%) 9.08%

Profitability

Metric BFST NBN Banks Regional median
Gross margin 64.32% 61.42% 69.55%
Operating margin 0.00% 0.00% 0.00%
Net margin 16.32% 27.91% 18.66%
Free cash flow margin 19.24% (16.62%) 21.11%
Return on equity 10.22% 19.57% 10.65%
Return on assets 1.04% 2.26% 1.13%
Return on invested capital 8.41% 8.97% 8.35%

Growth

Metric BFST NBN Banks Regional median
Revenue growth (TTM) 7.80% 9.71% 6.98%
EPS growth (last fiscal year) 23.45% 26.39% 18.88%
Revenue growth, 5-year CAGR 24.70% 20.73% 12.38%
Net income growth, 5-year CAGR 22.42% 8.49% 9.71%

Health

Metric BFST NBN Banks Regional median
Debt to equity 0.56 1.42 0.22
Current ratio 1.01 1.35 0.94
Net debt to EBITDA 0.00 0.00 0.00

Dividend

Metric BFST NBN Banks Regional median
Dividend yield 1.92% 0.03% 2.57%
Payout ratio 0.21 0.00 0.30

Size

Metric BFST NBN Banks Regional median
Market cap 1.01b 1.07b 913.33m

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