Bank of Marin Bancorp (BMRC) vs Colony Bankcorp, Inc. (CBAN)

Bank of Marin Bancorp and Colony Bankcorp, Inc. are both Banks Regional companies. Bank of Marin Bancorp and Colony Bankcorp, Inc. are of similar size ($427.4M and $425.1M). Bank of Marin Bancorp has negative trailing earnings, so its P/E is not meaningful; Colony Bankcorp, Inc. trades at 12.0×. Colony Bankcorp, Inc. grew revenue faster over the last twelve months: 16.3% against −20.5%. Colony Bankcorp, Inc. has the higher net margin (15.4% vs −13.1%) and the higher return on invested capital (6.15% vs −9.12%). Both pay a dividend; Bank of Marin Bancorp yields more (3.79% vs 2.40%). Across the 18 metrics below, Colony Bankcorp, Inc. leads on 12 and Bank of Marin Bancorp on 6.

Valuation

Metric BMRC CBAN Banks Regional median
P/E n/m 11.98 11.98
P/S 3.86 1.97 2.34
P/B 1.06 1.07 1.19
Price to free cash flow 10.99 18.39 10.63
EV/EBITDA — — —
EV/Sales — — —
Earnings yield (3.45%) 8.35% 8.23%
Free cash flow yield 9.10% 5.44% 9.08%

Profitability

Metric BMRC CBAN Banks Regional median
Gross margin 56.00% 71.44% 69.55%
Operating margin 0.00% 0.00% 0.00%
Net margin (13.07%) 15.42% 18.66%
Free cash flow margin 35.12% 10.71% 21.11%
Return on equity (3.41%) 9.57% 10.65%
Return on assets (0.38%) 0.97% 1.13%
Return on invested capital (9.12%) 6.15% 8.35%

Growth

Metric BMRC CBAN Banks Regional median
Revenue growth (TTM) (20.46%) 16.31% 6.98%
EPS growth (last fiscal year) (330.77%) 16.91% 18.88%
Revenue growth, 5-year CAGR (6.87%) 16.84% 12.38%
Net income growth, 5-year CAGR 0.00% 19.05% 9.71%

Health

Metric BMRC CBAN Banks Regional median
Debt to equity 0.11 0.60 0.22
Current ratio 0.72 0.88 0.94
Net debt to EBITDA 0.00 0.00 0.00

Dividend

Metric BMRC CBAN Banks Regional median
Dividend yield 3.79% 2.40% 2.57%
Payout ratio — 0.29 0.30

Size

Metric BMRC CBAN Banks Regional median
Market cap 427.36m 425.05m 913.33m

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