Princeton Bancorp, Inc. (BPRN) vs First United Corporation (FUNC)

Princeton Bancorp, Inc. and First United Corporation are both Banks Regional companies. Princeton Bancorp, Inc. and First United Corporation are of similar size ($295.6M and $283.5M). First United Corporation trades at the lower P/E: 11.4× against 11.5×. First United Corporation grew revenue faster over the last twelve months: 7.79% against −2.79%. First United Corporation has the higher net margin (20.0% vs 19.0%) and the higher return on invested capital (13.2% vs 9.78%). Both pay a dividend; Princeton Bancorp, Inc. yields more (3.19% vs 2.98%). Across the 19 metrics below, First United Corporation leads on 12 and Princeton Bancorp, Inc. on 7.

Valuation

Metric BPRN FUNC Banks Regional median
P/E 11.52 11.43 11.98
P/S 2.20 2.28 2.34
P/B 1.07 1.34 1.19
Price to free cash flow 12.79 10.52 10.63
EV/EBITDA — — —
EV/Sales — — —
Earnings yield 8.68% 8.75% 8.23%
Free cash flow yield 7.82% 9.50% 9.08%

Profitability

Metric BPRN FUNC Banks Regional median
Gross margin 63.21% 74.62% 69.55%
Operating margin 0.00% 0.00% 0.00%
Net margin 18.99% 20.03% 18.66%
Free cash flow margin 17.17% 21.69% 21.11%
Return on equity 9.54% 12.42% 10.65%
Return on assets 1.13% 1.23% 1.13%
Return on invested capital 9.78% 13.18% 8.35%

Growth

Metric BPRN FUNC Banks Regional median
Revenue growth (TTM) (2.79%) 7.79% 6.98%
EPS growth (last fiscal year) 74.84% 19.68% 18.88%
Revenue growth, 5-year CAGR 15.90% 9.60% 12.38%
Net income growth, 5-year CAGR 6.15% 12.11% 9.71%

Health

Metric BPRN FUNC Banks Regional median
Debt to equity 0.00 0.15 0.22
Current ratio 0.94 0.91 0.94
Net debt to EBITDA 0.00 0.00 0.00

Dividend

Metric BPRN FUNC Banks Regional median
Dividend yield 3.19% 2.98% 2.57%
Payout ratio 0.37 0.34 0.30

Size

Metric BPRN FUNC Banks Regional median
Market cap 295.56m 283.46m 913.33m

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