Bank of Hawaii Corporation (BOH) vs Columbia Financial (CLBK)

Bank of Hawaii Corporation and Columbia Financial are both Banks Regional companies. Bank of Hawaii Corporation and Columbia Financial are of similar size ($3.0B and $2.8B). Bank of Hawaii Corporation trades at the lower P/E: 13.3× against 45.3×. Columbia Financial grew revenue faster over the last twelve months: 12.0% against 2.71%. Bank of Hawaii Corporation has the higher net margin (19.9% vs 10.9%) and the higher return on invested capital (9.78% vs 2.24%). Across the 19 metrics below, Bank of Hawaii Corporation leads on 15 and Columbia Financial on 4.

Valuation

Metric BOH CLBK Banks Regional median
P/E 13.26 45.32 12.15
P/S 2.63 4.92 2.37
P/B 1.85 2.15 1.21
Price to free cash flow 13.86 39.26 10.80
EV/EBITDA n/m n/m —
EV/Sales 2.68 6.80 2.27
Earnings yield 7.54% 2.21% 8.11%
Free cash flow yield 7.22% 2.55% 8.98%

Profitability

Metric BOH CLBK Banks Regional median
Gross margin 70.63% 52.06% 69.57%
Operating margin 0.00% 0.00% 0.00%
Net margin 19.89% 10.91% 18.66%
Free cash flow margin 18.97% 12.53% 21.18%
Return on equity 14.64% 4.92% 10.64%
Return on assets 0.90% 0.52% 1.13%
Return on invested capital 9.78% 2.24% 8.33%

Growth

Metric BOH CLBK Banks Regional median
Revenue growth (TTM) 2.71% 12.04% 6.61%
EPS growth (last fiscal year) 33.82% 563.60% —
Revenue growth, 5-year CAGR 7.86% 9.21% 12.30%
Net income growth, 5-year CAGR 3.74% (2.11%) 9.71%

Health

Metric BOH CLBK Banks Regional median
Debt to equity 0.27 1.06 0.22
Current ratio 0.70 1.00 0.94
Net debt to EBITDA 0.00 0.00 0.00

Dividend

Metric BOH CLBK Banks Regional median
Dividend yield 4.59% — 3.75%
Payout ratio 0.56 0.00 0.27

Size

Metric BOH CLBK Banks Regional median
Market cap 2.81b 3.04b 921.07m

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