Sierra Bancorp (BSRR) vs Orange County Bancorp, Inc. (OBT)

Sierra Bancorp and Orange County Bancorp, Inc. are both Banks Regional companies. Sierra Bancorp and Orange County Bancorp, Inc. are of similar size ($514.0M and $501.2M). Orange County Bancorp, Inc. trades at the lower P/E: 10.7× against 11.6×. Orange County Bancorp, Inc. grew revenue faster over the last twelve months: 3.32% against −0.63%. Orange County Bancorp, Inc. has the higher net margin (30.8% vs 22.4%) and the higher return on invested capital (523.6% vs 12.1%). Both pay a dividend; Sierra Bancorp yields more (4.96% vs 1.79%). Across the 20 metrics below, Orange County Bancorp, Inc. leads on 17 and Sierra Bancorp on 3.

Valuation

Metric BSRR OBT Banks Regional median
P/E 11.63 10.65 12.15
P/S 2.55 3.29 2.37
P/B 1.40 1.65 1.21
Price to free cash flow 11.34 7.83 10.80
EV/EBITDA n/m n/m —
EV/Sales 2.26 1.34 2.27
Earnings yield 8.60% 9.39% 8.11%
Free cash flow yield 8.82% 12.78% 8.98%

Profitability

Metric BSRR OBT Banks Regional median
Gross margin 77.94% 82.32% 69.57%
Operating margin 0.00% 0.00% 0.00%
Net margin 22.37% 30.80% 18.66%
Free cash flow margin 22.46% 42.03% 21.18%
Return on equity 12.46% 16.95% 10.64%
Return on assets 1.20% 1.75% 1.13%
Return on invested capital 12.07% 523.60% 8.33%

Growth

Metric BSRR OBT Banks Regional median
Revenue growth (TTM) (0.63%) 3.32% 6.61%
EPS growth (last fiscal year) 10.28% 34.82% —
Revenue growth, 5-year CAGR 8.17% 19.50% 12.30%
Net income growth, 5-year CAGR 3.61% 28.93% 9.71%

Health

Metric BSRR OBT Banks Regional median
Debt to equity 0.23 0.11 0.22
Current ratio 0.80 0.93 0.94
Net debt to EBITDA 0.00 0.00 0.00

Dividend

Metric BSRR OBT Banks Regional median
Dividend yield 4.96% 1.79% 3.75%
Payout ratio 0.38 0.17 0.27

Size

Metric BSRR OBT Banks Regional median
Market cap 514.00m 501.19m 921.07m

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