BankUnited, Inc. (BKU) vs Columbia Financial (CLBK)

BankUnited, Inc. and Columbia Financial are both Banks Regional companies. BankUnited, Inc. and Columbia Financial are of similar size ($3.1B and $3.0B). BankUnited, Inc. trades at the lower P/E: 11.9× against 45.3×. Columbia Financial grew revenue faster over the last twelve months: 12.0% against −5.24%. BankUnited, Inc. has the higher net margin (14.5% vs 10.9%) and the higher return on invested capital (5.33% vs 2.24%). Across the 19 metrics below, BankUnited, Inc. leads on 16 and Columbia Financial on 3.

Valuation

Metric BKU CLBK Banks Regional median
P/E 11.89 45.32 12.15
P/S 1.68 4.92 2.37
P/B 1.04 2.15 1.21
Price to free cash flow 5.62 39.26 10.80
EV/EBITDA n/m n/m —
EV/Sales 2.36 6.80 2.27
Earnings yield 8.41% 2.21% 8.11%
Free cash flow yield 17.80% 2.55% 8.98%

Profitability

Metric BKU CLBK Banks Regional median
Gross margin 60.54% 52.06% 69.57%
Operating margin 0.00% 0.00% 0.00%
Net margin 14.45% 10.91% 18.66%
Free cash flow margin 20.05% 12.53% 21.18%
Return on equity 8.99% 4.92% 10.64%
Return on assets 0.76% 0.52% 1.13%
Return on invested capital 5.33% 2.24% 8.33%

Growth

Metric BKU CLBK Banks Regional median
Revenue growth (TTM) (5.24%) 12.04% 6.61%
EPS growth (last fiscal year) 14.61% 563.60% —
Revenue growth, 5-year CAGR 9.59% 9.21% 12.30%
Net income growth, 5-year CAGR 6.81% (2.11%) 9.71%

Health

Metric BKU CLBK Banks Regional median
Debt to equity 0.54 1.06 0.22
Current ratio 0.82 1.00 0.94
Net debt to EBITDA 0.00 0.00 0.00

Dividend

Metric BKU CLBK Banks Regional median
Dividend yield 4.33% — 3.75%
Payout ratio 0.30 0.00 0.27

Size

Metric BKU CLBK Banks Regional median
Market cap 3.09b 3.04b 921.07m

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