Bar Harbor Bankshares, Inc. (BHB) vs Coastal Financial Corporation (CCB)

Bar Harbor Bankshares, Inc. and Coastal Financial Corporation are both Banks Regional companies. Bar Harbor Bankshares, Inc. and Coastal Financial Corporation are of similar size ($669.7M and $666.1M). Coastal Financial Corporation has negative trailing earnings, so its P/E is not meaningful; Bar Harbor Bankshares, Inc. trades at 13.1×. Bar Harbor Bankshares, Inc. grew revenue faster over the last twelve months: 18.9% against 7.06%. Bar Harbor Bankshares, Inc. has the higher net margin (18.5% vs −0.53%) and the higher return on invested capital (5.35% vs 0.00%). Across the 18 metrics below, Coastal Financial Corporation leads on 11 and Bar Harbor Bankshares, Inc. on 7.

Valuation

Metric BHB CCB Banks Regional median
P/E 13.12 n/m 12.15
P/S 2.44 0.94 2.37
P/B 1.19 1.47 1.21
Price to free cash flow 11.33 2.63 10.80
EV/EBITDA n/m n/m —
EV/Sales 3.10 (0.38) 2.27
Earnings yield 7.62% (0.51%) 8.11%
Free cash flow yield 8.82% 38.01% 8.98%

Profitability

Metric BHB CCB Banks Regional median
Gross margin 72.30% 83.89% 69.57%
Operating margin 0.00% 0.00% 0.00%
Net margin 18.46% (0.53%) 18.66%
Free cash flow margin 21.53% 35.70% 21.18%
Return on equity 9.70% (0.83%) 10.64%
Return on assets 1.12% (0.08%) 1.13%
Return on invested capital 5.35% 0.00% 8.33%

Growth

Metric BHB CCB Banks Regional median
Revenue growth (TTM) 18.94% 7.06% 6.61%
EPS growth (last fiscal year) (18.66%) (4.31%) —
Revenue growth, 5-year CAGR 7.61% 56.15% 12.30%
Net income growth, 5-year CAGR 2.12% 25.41% 9.71%

Health

Metric BHB CCB Banks Regional median
Debt to equity 0.51 0.10 0.22
Current ratio 0.96 1.06 0.94
Net debt to EBITDA 0.00 0.00 0.00

Dividend

Metric BHB CCB Banks Regional median
Dividend yield 4.60% — 3.75%
Payout ratio 0.34 0.00 0.27

Size

Metric BHB CCB Banks Regional median
Market cap 666.12m 669.67m 921.07m

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