Camden National Corporation (CAC) vs CNB Financial Corporation (CCNE)

Camden National Corporation and CNB Financial Corporation are both Banks Regional companies. Camden National Corporation and CNB Financial Corporation are of similar size ($1.0B and $961.4M). CNB Financial Corporation trades at the lower P/E: 11.0× against 11.0×. CNB Financial Corporation grew revenue faster over the last twelve months: 32.6% against 12.7%. Camden National Corporation has the higher net margin (23.6% vs 18.4%) and the lower return on invested capital (10.1% vs 16.2%). Both pay a dividend; Camden National Corporation yields more (5.40% vs 3.44%). Across the 20 metrics below, CNB Financial Corporation leads on 11 and Camden National Corporation on 9.

Valuation

Metric CAC CCNE Banks Regional median
P/E 11.05 10.98 12.15
P/S 2.61 2.02 2.37
P/B 1.35 1.18 1.21
Price to free cash flow 9.26 11.08 10.80
EV/EBITDA n/m n/m —
EV/Sales 2.50 1.21 2.27
Earnings yield 9.05% 9.11% 8.11%
Free cash flow yield 10.80% 9.03% 8.98%

Profitability

Metric CAC CCNE Banks Regional median
Gross margin 70.72% 67.57% 69.57%
Operating margin 0.00% 0.00% 0.00%
Net margin 23.64% 18.40% 18.66%
Free cash flow margin 28.19% 18.25% 21.18%
Return on equity 12.87% 12.75% 10.64%
Return on assets 1.28% 1.24% 1.13%
Return on invested capital 10.09% 16.17% 8.33%

Growth

Metric CAC CCNE Banks Regional median
Revenue growth (TTM) 12.69% 32.62% 6.61%
EPS growth (last fiscal year) 6.08% 4.18% —
Revenue growth, 5-year CAGR 12.43% 17.24% 12.30%
Net income growth, 5-year CAGR 1.89% 14.27% 9.71%

Health

Metric CAC CCNE Banks Regional median
Debt to equity 0.09 0.06 0.22
Current ratio 0.82 0.96 0.94
Net debt to EBITDA 0.00 0.00 0.00

Dividend

Metric CAC CCNE Banks Regional median
Dividend yield 5.40% 3.44% 3.75%
Payout ratio 0.44 0.24 0.27

Size

Metric CAC CCNE Banks Regional median
Market cap 961.44m 1.00b 921.07m

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