Camden National Corporation (CAC) vs MetroCity Bankshares, Inc. (MCBS)

Camden National Corporation and MetroCity Bankshares, Inc. are both Banks Regional companies. Camden National Corporation and MetroCity Bankshares, Inc. are of similar size ($1.0B and $961.4M). Camden National Corporation trades at the lower P/E: 11.0× against 12.0×. MetroCity Bankshares, Inc. grew revenue faster over the last twelve months: 19.3% against 12.7%. MetroCity Bankshares, Inc. has the higher net margin (28.3% vs 23.6%) and the higher return on invested capital (10.5% vs 10.1%). Both pay a dividend; Camden National Corporation yields more (5.40% vs 3.45%). Across the 20 metrics below, Camden National Corporation leads on 11 and MetroCity Bankshares, Inc. on 9.

Valuation

Metric CAC MCBS Banks Regional median
P/E 11.05 11.98 12.15
P/S 2.61 3.56 2.37
P/B 1.35 1.77 1.21
Price to free cash flow 9.26 12.31 10.80
EV/EBITDA n/m n/m —
EV/Sales 2.50 3.95 2.27
Earnings yield 9.05% 8.35% 8.11%
Free cash flow yield 10.80% 8.13% 8.98%

Profitability

Metric CAC MCBS Banks Regional median
Gross margin 70.72% 64.72% 69.57%
Operating margin 0.00% 0.00% 0.00%
Net margin 23.64% 28.34% 18.66%
Free cash flow margin 28.19% 28.95% 21.18%
Return on equity 12.87% 15.91% 10.64%
Return on assets 1.28% 1.96% 1.13%
Return on invested capital 10.09% 10.53% 8.33%

Growth

Metric CAC MCBS Banks Regional median
Revenue growth (TTM) 12.69% 19.32% 6.61%
EPS growth (last fiscal year) 6.08% 4.76% —
Revenue growth, 5-year CAGR 12.43% 18.60% 12.30%
Net income growth, 5-year CAGR 1.89% 13.49% 9.71%

Health

Metric CAC MCBS Banks Regional median
Debt to equity 0.09 0.66 0.22
Current ratio 0.82 1.21 0.94
Net debt to EBITDA 0.00 0.00 0.00

Dividend

Metric CAC MCBS Banks Regional median
Dividend yield 5.40% 3.45% 3.75%
Payout ratio 0.44 0.30 0.27

Size

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

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