Bank of Hawaii Corporation (BOH) vs Customers Bancorp, Inc (CUBI)

Bank of Hawaii Corporation and Customers Bancorp, Inc are both Banks Regional companies. Bank of Hawaii Corporation and Customers Bancorp, Inc are of similar size ($2.8B and $2.6B). Customers Bancorp, Inc trades at the lower P/E: 9.1× against 13.3×. Customers Bancorp, Inc grew revenue faster over the last twelve months: 16.0% against 2.71%. Bank of Hawaii Corporation has the higher net margin (19.9% vs 18.6%) and the lower return on invested capital (9.78% vs 91.5%). Across the 19 metrics below, Customers Bancorp, Inc leads on 14 and Bank of Hawaii Corporation on 5.

Valuation

Metric BOH CUBI Banks Regional median
P/E 13.26 9.08 12.15
P/S 2.63 1.70 2.37
P/B 1.85 1.18 1.21
Price to free cash flow 13.86 7.10 10.80
EV/EBITDA n/m n/m —
EV/Sales 2.68 0.43 2.27
Earnings yield 7.54% 11.02% 8.11%
Free cash flow yield 7.22% 14.08% 8.98%

Profitability

Metric BOH CUBI Banks Regional median
Gross margin 70.63% 60.32% 69.57%
Operating margin 0.00% 0.00% 0.00%
Net margin 19.89% 18.64% 18.66%
Free cash flow margin 18.97% 23.99% 21.18%
Return on equity 14.64% 14.30% 10.64%
Return on assets 0.90% 1.16% 1.13%
Return on invested capital 9.78% 91.51% 8.33%

Growth

Metric BOH CUBI Banks Regional median
Revenue growth (TTM) 2.71% 15.97% 6.61%
EPS growth (last fiscal year) 33.82% 22.99% —
Revenue growth, 5-year CAGR 7.86% 18.65% 12.30%
Net income growth, 5-year CAGR 3.74% 12.03% 9.71%

Health

Metric BOH CUBI Banks Regional median
Debt to equity 0.27 1.01 0.22
Current ratio 0.70 1.00 0.94
Net debt to EBITDA 0.00 0.00 0.00

Dividend

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

Size

Metric BOH CUBI Banks Regional median
Market cap 2.81b 2.60b 921.07m

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