Bankwell Financial Group, Inc. (BWFG) vs Southern First Bancshares, Inc. (SFST)

Bankwell Financial Group, Inc. and Southern First Bancshares, Inc. are both Banks Regional companies. Bankwell Financial Group, Inc. and Southern First Bancshares, Inc. are of similar size ($561.9M and $559.9M). Southern First Bancshares, Inc. trades at the lower P/E: 12.0× against 12.2×. Bankwell Financial Group, Inc. grew revenue faster over the last twelve months: 9.69% against 8.99%. Bankwell Financial Group, Inc. has the higher net margin (20.2% vs 17.9%) and the higher return on invested capital (14.1% vs 11.0%). Across the 18 metrics below, Bankwell Financial Group, Inc. leads on 9 and Southern First Bancshares, Inc. on 9.

Valuation

Metric BWFG SFST Banks Regional median
P/E 12.23 11.97 12.02
P/S 2.48 2.33 2.36
P/B 1.65 1.21 1.23
Price to free cash flow 14.97 12.22 10.60
EV/EBITDA — — —
EV/Sales — — —
Earnings yield 8.17% 8.35% 8.21%
Free cash flow yield 6.68% 8.18% 9.23%

Profitability

Metric BWFG SFST Banks Regional median
Gross margin 57.91% 57.75% 69.81%
Operating margin 0.00% 0.00% 0.00%
Net margin 20.19% 17.93% 18.82%
Free cash flow margin 16.57% 19.03% 17.97%
Return on equity 14.31% 10.55% 10.28%
Return on assets 1.32% 0.93% 1.13%
Return on invested capital 14.09% 10.99% 8.45%

Growth

Metric BWFG SFST Banks Regional median
Revenue growth (TTM) 9.69% 8.99% 6.37%
EPS growth (last fiscal year) 280.34% 96.34% 18.85%
Revenue growth, 5-year CAGR 20.91% 12.95% 12.65%
Net income growth, 5-year CAGR 43.03% 10.63% 9.81%

Health

Metric BWFG SFST Banks Regional median
Debt to equity 0.58 0.55 0.17
Current ratio 0.00 1.10 0.93
Net debt to EBITDA 0.00 0.00 0.00

Dividend

Metric BWFG SFST Banks Regional median
Dividend yield 1.14% — 2.49%
Payout ratio 0.14 — 0.29

Size

Metric BWFG SFST Banks Regional median
Market cap 559.88m 561.87m 934.85m

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