Blue Ridge Bankshares, Inc. (BRBS) vs Waterstone Financial, Inc. (WSBF)

Blue Ridge Bankshares, Inc. and Waterstone Financial, Inc. are both Banks Regional companies. Blue Ridge Bankshares, Inc. and Waterstone Financial, Inc. are of similar size ($365.3M and $342.9M). Waterstone Financial, Inc. trades at the lower P/E: 11.8× against 36.5×. Waterstone Financial, Inc. grew revenue faster over the last twelve months: 4.47% against −14.2%. Waterstone Financial, Inc. has the higher net margin (14.6% vs 6.87%) and the higher return on invested capital (7.61% vs 2.06%). Both pay a dividend; Waterstone Financial, Inc. yields more (5.59% vs 4.90%). Across the 20 metrics below, Waterstone Financial, Inc. leads on 15 and Blue Ridge Bankshares, Inc. on 5.

Valuation

Metric BRBS WSBF Banks Regional median
P/E 36.53 11.79 12.15
P/S 2.49 1.69 2.37
P/B 1.24 0.99 1.21
Price to free cash flow 15.21 7.21 10.80
EV/EBITDA n/m n/m —
EV/Sales 3.24 3.51 2.27
Earnings yield 2.74% 8.48% 8.11%
Free cash flow yield 6.57% 13.87% 8.98%

Profitability

Metric BRBS WSBF Banks Regional median
Gross margin 61.60% 72.71% 69.57%
Operating margin 0.00% 0.00% 0.00%
Net margin 6.87% 14.58% 18.66%
Free cash flow margin 16.40% 20.71% 21.18%
Return on equity 3.03% 8.69% 10.64%
Return on assets 0.38% 1.33% 1.13%
Return on invested capital 2.06% 7.61% 8.33%

Growth

Metric BRBS WSBF Banks Regional median
Revenue growth (TTM) (14.15%) 4.47% 6.61%
EPS growth (last fiscal year) 135.48% 46.53% —
Revenue growth, 5-year CAGR 6.43% (9.00%) 12.30%
Net income growth, 5-year CAGR (9.56%) (20.11%) 9.71%

Health

Metric BRBS WSBF Banks Regional median
Debt to equity 0.60 0.00 0.22
Current ratio 1.02 1.01 0.94
Net debt to EBITDA 0.00 0.00 0.00

Dividend

Metric BRBS WSBF Banks Regional median
Dividend yield 4.90% 5.59% 3.75%
Payout ratio 0.27 1.67 0.27

Size

Metric BRBS WSBF Banks Regional median
Market cap 342.89m 365.29m 921.07m

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