Bank7 Corp. (BSVN) vs Northrim BanCorp Inc (NRIM)

Bank7 Corp. and Northrim BanCorp Inc are both Banks Regional companies. Bank7 Corp. and Northrim BanCorp Inc are of similar size ($544.4M and $526.7M). Northrim BanCorp Inc trades at the lower P/E: 8.1× against 12.6×. Northrim BanCorp Inc grew revenue faster over the last twelve months: 18.6% against −0.23%. Bank7 Corp. has the higher net margin (30.4% vs 26.0%) and the higher return on invested capital (78.0% vs 22.7%). Both pay a dividend; Northrim BanCorp Inc yields more (5.14% vs 3.14%). Across the 20 metrics below, Northrim BanCorp Inc leads on 13 and Bank7 Corp. on 7.

Valuation

Metric BSVN NRIM Banks Regional median
P/E 12.61 8.06 12.15
P/S 3.85 2.11 2.37
P/B 2.00 1.60 1.21
Price to free cash flow 10.81 3.00 10.80
EV/EBITDA n/m n/m —
EV/Sales 2.25 1.72 2.27
Earnings yield 7.93% 12.41% 8.11%
Free cash flow yield 9.25% 33.33% 8.98%

Profitability

Metric BSVN NRIM Banks Regional median
Gross margin 71.17% 84.21% 69.57%
Operating margin 0.00% 0.00% 0.00%
Net margin 30.36% 26.03% 18.66%
Free cash flow margin 35.58% 70.70% 21.18%
Return on equity 16.85% 21.49% 10.64%
Return on assets 2.24% 2.06% 1.13%
Return on invested capital 77.98% 22.73% 8.33%

Growth

Metric BSVN NRIM Banks Regional median
Revenue growth (TTM) (0.23%) 18.64% 6.61%
EPS growth (last fiscal year) (7.02%) 73.41% —
Revenue growth, 5-year CAGR 20.08% 12.79% 12.30%
Net income growth, 5-year CAGR 17.46% 14.46% 9.71%

Health

Metric BSVN NRIM Banks Regional median
Debt to equity 0.00 0.23 0.22
Current ratio 1.11 0.94 0.94
Net debt to EBITDA 0.00 0.00 0.00

Dividend

Metric BSVN NRIM Banks Regional median
Dividend yield 3.14% 5.14% 3.75%
Payout ratio 0.16 0.43 0.27

Size

Metric BSVN NRIM Banks Regional median
Market cap 526.68m 544.42m 921.07m

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