Camden National Corporation (CAC) vs Hanmi Financial Corporation (HAFC)

Camden National Corporation and Hanmi Financial Corporation are both Banks Regional companies. Camden National Corporation and Hanmi Financial Corporation are of similar size ($961.4M and $943.7M). Hanmi Financial Corporation trades at the lower P/E: 10.7× against 11.0×. Camden National Corporation grew revenue faster over the last twelve months: 12.7% against 4.20%. Camden National Corporation has the higher net margin (23.6% vs 19.8%) and the lower return on invested capital (10.1% vs 11.3%). Both pay a dividend; Hanmi Financial Corporation yields more (6.78% vs 5.40%). Across the 20 metrics below, Hanmi Financial Corporation leads on 13 and Camden National Corporation on 7.

Valuation

Metric CAC HAFC Banks Regional median
P/E 11.05 10.74 12.15
P/S 2.61 2.10 2.37
P/B 1.35 1.17 1.21
Price to free cash flow 9.26 4.51 10.80
EV/EBITDA n/m n/m —
EV/Sales 2.50 1.82 2.27
Earnings yield 9.05% 9.31% 8.11%
Free cash flow yield 10.80% 22.18% 8.98%

Profitability

Metric CAC HAFC Banks Regional median
Gross margin 70.72% 63.45% 69.57%
Operating margin 0.00% 0.00% 0.00%
Net margin 23.64% 19.80% 18.66%
Free cash flow margin 28.19% 46.60% 21.18%
Return on equity 12.87% 11.33% 10.64%
Return on assets 1.28% 1.13% 1.13%
Return on invested capital 10.09% 11.28% 8.33%

Growth

Metric CAC HAFC Banks Regional median
Revenue growth (TTM) 12.69% 4.20% 6.61%
EPS growth (last fiscal year) 6.08% 22.44% —
Revenue growth, 5-year CAGR 12.43% 10.75% 12.30%
Net income growth, 5-year CAGR 1.89% 12.51% 9.71%

Health

Metric CAC HAFC Banks Regional median
Debt to equity 0.09 0.25 0.22
Current ratio 0.82 0.98 0.94
Net debt to EBITDA 0.00 0.00 0.00

Dividend

Metric CAC HAFC Banks Regional median
Dividend yield 5.40% 6.78% 3.75%
Payout ratio 0.44 0.31 0.27

Size

Metric CAC HAFC Banks Regional median
Market cap 961.44m 943.74m 921.07m

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