Princeton Bancorp, Inc. (BPRN) vs QNB Corp. (QNBC)

Princeton Bancorp, Inc. and QNB Corp. are both Banks Regional companies. Princeton Bancorp, Inc. and QNB Corp. are of similar size ($299.7M and $291.4M). QNB Corp. has negative trailing earnings, so its P/E is not meaningful; Princeton Bancorp, Inc. trades at 11.6×. Princeton Bancorp, Inc. grew revenue faster over the last twelve months: −2.79% against −8.86%. Princeton Bancorp, Inc. has the higher net margin (19.0% vs −5.63%) and the higher return on invested capital (9.78% vs 0.00%). Both pay a dividend; QNB Corp. yields more (3.30% vs 3.18%). Across the 17 metrics below, Princeton Bancorp, Inc. leads on 13 and QNB Corp. on 4.

Valuation

Metric BPRN QNBC Banks Regional median
P/E 11.56 n/m 12.02
P/S 2.20 2.91 2.36
P/B 1.07 1.15 1.23
Price to free cash flow 12.83 10.82 10.60
EV/EBITDA — n/m —
EV/Sales — 1.81 —
Earnings yield 8.65% (0.53%) 8.21%
Free cash flow yield 7.79% 9.24% 9.23%

Profitability

Metric BPRN QNBC Banks Regional median
Gross margin 63.21% 51.09% 69.81%
Operating margin 0.00% 0.00% 0.00%
Net margin 18.99% (5.63%) 18.82%
Free cash flow margin 17.17% 26.92% 17.97%
Return on equity 9.54% (2.88%) 10.28%
Return on assets 1.13% (0.24%) 1.13%
Return on invested capital 9.78% 0.00% 8.45%

Growth

Metric BPRN QNBC Banks Regional median
Revenue growth (TTM) (2.79%) (8.86%) 6.37%
EPS growth (last fiscal year) 74.84% 21.15% 18.85%
Revenue growth, 5-year CAGR 15.90% 14.19% 12.65%
Net income growth, 5-year CAGR 6.15% 3.12% 9.81%

Health

Metric BPRN QNBC Banks Regional median
Debt to equity 0.00 0.00 0.17
Current ratio 0.94 0.84 0.93
Net debt to EBITDA 0.00 0.00 0.00

Dividend

Metric BPRN QNBC Banks Regional median
Dividend yield 3.18% 3.30% 2.49%
Payout ratio 0.37 0.46 0.29

Size

Metric BPRN QNBC Banks Regional median
Market cap 299.68m 291.40m 934.85m

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