Bank of Marin Bancorp (BMRC) vs Private Bancorp of America, Inc. (PBAM)

Bank of Marin Bancorp and Private Bancorp of America, Inc. are both Banks Regional companies. Bank of Marin Bancorp and Private Bancorp of America, Inc. are of similar size ($482.0M and $463.9M). Bank of Marin Bancorp has negative trailing earnings, so its P/E is not meaningful; Private Bancorp of America, Inc. trades at 10.8×. Private Bancorp of America, Inc. grew revenue faster over the last twelve months: 3.55% against −18.9%. Private Bancorp of America, Inc. has the higher net margin (25.3% vs −10.5%) and the higher return on invested capital (0.00% vs −7.68%). Across the 17 metrics below, Private Bancorp of America, Inc. leads on 16 and Bank of Marin Bancorp on 1.

Valuation

Metric BMRC PBAM Banks Regional median
P/E n/m 10.81 12.02
P/S 4.05 2.73 2.36
P/B 1.21 1.68 1.23
Price to free cash flow 10.86 3.94 10.60
EV/EBITDA — n/m —
EV/Sales — 0.97 —
Earnings yield (2.65%) 9.25% 8.21%
Free cash flow yield 9.21% 25.41% 9.23%

Profitability

Metric BMRC PBAM Banks Regional median
Gross margin 0.00% 75.85% 69.81%
Operating margin 0.00% 0.00% 0.00%
Net margin (10.45%) 25.34% 18.82%
Free cash flow margin 37.28% 69.32% 17.97%
Return on equity (2.88%) 16.70% 10.28%
Return on assets (0.31%) 1.72% 1.13%
Return on invested capital (7.68%) 0.00% 8.45%

Growth

Metric BMRC PBAM Banks Regional median
Revenue growth (TTM) (18.89%) 3.55% 6.37%
EPS growth (last fiscal year) (330.77%) 12.52% 18.85%
Revenue growth, 5-year CAGR (6.87%) 22.57% 12.65%
Net income growth, 5-year CAGR 0.00% 30.37% 9.81%

Health

Metric BMRC PBAM Banks Regional median
Debt to equity 0.12 0.03 0.17
Current ratio 0.72 1.00 0.93
Net debt to EBITDA 0.00 0.00 0.00

Dividend

Metric BMRC PBAM Banks Regional median
Dividend yield 3.48% — 2.49%
Payout ratio — — 0.29

Size

Metric BMRC PBAM Banks Regional median
Market cap 463.94m 482.02m 934.85m

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