Cathay General Bancorp (CATY) vs Flagstar Bank, National Association (FLG)

Cathay General Bancorp and Flagstar Bank, National Association are both Banks Regional companies. Cathay General Bancorp and Flagstar Bank, National Association are of similar size ($4.3B and $4.2B). Cathay General Bancorp trades at the lower P/E: 11.8× against 70.7×. Cathay General Bancorp grew revenue faster over the last twelve months: 5.21% against −16.6%. Cathay General Bancorp has the higher net margin (25.3% vs 1.46%) and the higher return on invested capital (18.0% vs 0.45%). Both pay a dividend; Cathay General Bancorp yields more (2.31% vs 0.38%). Across the 18 metrics below, Cathay General Bancorp leads on 13 and Flagstar Bank, National Association on 5.

Valuation

Metric CATY FLG Banks Regional median
P/E 11.78 70.73 12.02
P/S 2.96 1.01 2.36
P/B 1.40 0.61 1.23
Price to free cash flow 7.99 64.19 10.60
EV/EBITDA — — —
EV/Sales — — —
Earnings yield 8.49% 1.41% 8.21%
Free cash flow yield 12.51% 1.56% 9.23%

Profitability

Metric CATY FLG Banks Regional median
Gross margin 63.47% 48.62% 69.81%
Operating margin 0.00% 0.00% 0.00%
Net margin 25.32% 1.46% 18.82%
Free cash flow margin 0.00% 0.00% 17.97%
Return on equity 0.00% 0.85% 10.28%
Return on assets 1.47% 0.07% 1.13%
Return on invested capital 18.00% 0.45% 8.45%

Growth

Metric CATY FLG Banks Regional median
Revenue growth (TTM) 5.21% (16.60%) 6.37%
EPS growth (last fiscal year) 14.94% 85.29% 18.85%
Revenue growth, 5-year CAGR 13.25% 22.13% 12.65%
Net income growth, 5-year CAGR 6.61% 0.00% 9.81%

Health

Metric CATY FLG Banks Regional median
Debt to equity 0.09 1.43 0.17
Current ratio 1.04 0.96 0.93
Net debt to EBITDA 0.00 0.00 0.00

Dividend

Metric CATY FLG Banks Regional median
Dividend yield 2.31% 0.38% 2.49%
Payout ratio 0.27 0.27 0.29

Size

Metric CATY FLG Banks Regional median
Market cap 4.24b 4.25b 934.85m

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