Business First Bancshares, Inc. (BFST) vs TrustCo Bank Corp NY (TRST)

Business First Bancshares, Inc. and TrustCo Bank Corp NY are both Banks Regional companies. Business First Bancshares, Inc. and TrustCo Bank Corp NY are of similar size ($997.0M and $958.7M). Business First Bancshares, Inc. trades at the lower P/E: 10.9× against 15.6×. Business First Bancshares, Inc. grew revenue faster over the last twelve months: 7.80% against 6.12%. TrustCo Bank Corp NY has the higher net margin (22.8% vs 16.3%) and the lower return on invested capital (0.00% vs 8.41%). Both pay a dividend; TrustCo Bank Corp NY yields more (5.29% vs 2.72%). Across the 20 metrics below, Business First Bancshares, Inc. leads on 12 and TrustCo Bank Corp NY on 8.

Valuation

Metric BFST TRST Banks Regional median
P/E 10.94 15.57 12.15
P/S 1.87 3.40 2.37
P/B 1.07 1.48 1.21
Price to free cash flow 9.74 16.25 10.80
EV/EBITDA n/m n/m —
EV/Sales 1.62 0.96 2.27
Earnings yield 9.14% 6.42% 8.11%
Free cash flow yield 10.27% 6.15% 8.98%

Profitability

Metric BFST TRST Banks Regional median
Gross margin 64.32% 68.91% 69.57%
Operating margin 0.00% 0.00% 0.00%
Net margin 16.32% 22.76% 18.66%
Free cash flow margin 19.24% 20.92% 21.18%
Return on equity 10.22% 9.65% 10.64%
Return on assets 1.04% 1.01% 1.13%
Return on invested capital 8.41% 0.00% 8.33%

Growth

Metric BFST TRST Banks Regional median
Revenue growth (TTM) 7.80% 6.12% 6.61%
EPS growth (last fiscal year) 23.45% 26.46% —
Revenue growth, 5-year CAGR 24.70% 7.33% 12.30%
Net income growth, 5-year CAGR 22.42% 3.11% 9.71%

Health

Metric BFST TRST Banks Regional median
Debt to equity 0.56 0.00 0.22
Current ratio 1.01 1.03 0.94
Net debt to EBITDA 0.00 0.00 0.00

Dividend

Metric BFST TRST Banks Regional median
Dividend yield 2.72% 5.29% 3.75%
Payout ratio 0.19 0.37 0.27

Size

Metric BFST TRST Banks Regional median
Market cap 997.00m 958.66m 921.07m

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