Bank of Marin Bancorp (BMRC) vs Home Bancorp, Inc. (HBCP)

Bank of Marin Bancorp and Home Bancorp, Inc. are both Banks Regional companies. Bank of Marin Bancorp and Home Bancorp, Inc. are of similar size ($478.0M and $463.9M). Bank of Marin Bancorp has negative trailing earnings, so its P/E is not meaningful; Home Bancorp, Inc. trades at 10.6×. Home Bancorp, Inc. grew revenue faster over the last twelve months: 1.60% against −18.9%. Home Bancorp, Inc. has the higher net margin (21.1% vs −10.5%) and the higher return on invested capital (12.8% vs −7.68%). Both pay a dividend; Bank of Marin Bancorp yields more (3.48% vs 2.07%). Across the 18 metrics below, Home Bancorp, Inc. leads on 16 and Bank of Marin Bancorp on 2.

Valuation

Metric BMRC HBCP Banks Regional median
P/E n/m 10.58 12.02
P/S 4.05 2.24 2.36
P/B 1.21 1.05 1.23
Price to free cash flow 10.86 8.72 10.60
EV/EBITDA — — —
EV/Sales — — —
Earnings yield (2.65%) 9.45% 8.21%
Free cash flow yield 9.21% 11.46% 9.23%

Profitability

Metric BMRC HBCP Banks Regional median
Gross margin 0.00% 73.89% 69.81%
Operating margin 0.00% 0.00% 0.00%
Net margin (10.45%) 21.05% 18.82%
Free cash flow margin 37.28% 30.30% 17.97%
Return on equity (2.88%) 10.15% 10.28%
Return on assets (0.31%) 1.25% 1.13%
Return on invested capital (7.68%) 12.79% 8.45%

Growth

Metric BMRC HBCP Banks Regional median
Revenue growth (TTM) (18.89%) 1.60% 6.37%
EPS growth (last fiscal year) (330.77%) 28.73% 18.85%
Revenue growth, 5-year CAGR (6.87%) 12.05% 12.65%
Net income growth, 5-year CAGR 0.00% 13.21% 9.81%

Health

Metric BMRC HBCP Banks Regional median
Debt to equity 0.12 0.00 0.17
Current ratio 0.72 0.97 0.93
Net debt to EBITDA 0.00 0.00 0.00

Dividend

Metric BMRC HBCP Banks Regional median
Dividend yield 3.48% 2.07% 2.49%
Payout ratio — 0.22 0.29

Size

Metric BMRC HBCP Banks Regional median
Market cap 463.94m 478.01m 934.85m

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