Bogota Financial Corporation (BSBK) vs Patriot National Bancorp Inc. (PNBK)

Bogota Financial Corporation and Patriot National Bancorp Inc. are both Banks Regional companies. Bogota Financial Corporation and Patriot National Bancorp Inc. are of similar size ($115.0M and $109.8M). Patriot National Bancorp Inc. has negative trailing earnings, so its P/E is not meaningful; Bogota Financial Corporation trades at 43.4×. Patriot National Bancorp Inc. grew revenue faster over the last twelve months: 15.6% against −3.19%. Bogota Financial Corporation has the higher net margin (5.99% vs −9.76%) and the higher return on invested capital (1.14% vs 0.00%). Across the 17 metrics below, Bogota Financial Corporation leads on 12 and Patriot National Bancorp Inc. on 5.

Valuation

Metric BSBK PNBK Banks Regional median
P/E 43.43 n/m 12.15
P/S 2.64 1.75 2.37
P/B 0.80 1.32 1.21
Price to free cash flow 27.89 n/m 10.80
EV/EBITDA n/m n/m —
EV/Sales 3.12 0.19 2.27
Earnings yield 2.30% (6.40%) 8.11%
Free cash flow yield 3.59% (15.75%) 8.98%

Profitability

Metric BSBK PNBK Banks Regional median
Gross margin 41.63% 58.32% 69.57%
Operating margin 0.00% 0.00% 0.00%
Net margin 5.99% (9.76%) 18.66%
Free cash flow margin 9.46% (27.60%) 21.18%
Return on equity 1.85% (8.72%) 10.64%
Return on assets 0.29% (0.58%) 1.13%
Return on invested capital 1.14% 0.00% 8.33%

Growth

Metric BSBK PNBK Banks Regional median
Revenue growth (TTM) (3.19%) 15.58% 6.61%
EPS growth (last fiscal year) 200.00% 98.31% —
Revenue growth, 5-year CAGR 12.93% 7.91% 12.30%
Net income growth, 5-year CAGR 0.22% 0.00% 9.71%

Health

Metric BSBK PNBK Banks Regional median
Debt to equity 0.36 0.19 0.22
Current ratio 0.99 0.85 0.94
Net debt to EBITDA 0.00 0.00 0.00

Dividend

Metric BSBK PNBK Banks Regional median
Dividend yield — — 3.75%
Payout ratio 0.00 0.00 0.27

Size

Metric BSBK PNBK Banks Regional median
Market cap 114.98m 109.84m 921.07m

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