Colony Bankcorp, Inc. (CBAN) vs ChoiceOne Financial Services, Inc. (COFS)

Colony Bankcorp, Inc. and ChoiceOne Financial Services, Inc. are both Banks Regional companies. Colony Bankcorp, Inc. and ChoiceOne Financial Services, Inc. are of similar size ($548.6M and $546.8M). ChoiceOne Financial Services, Inc. trades at the lower P/E: 10.1× against 12.1×. ChoiceOne Financial Services, Inc. grew revenue faster over the last twelve months: 35.1% against 16.3%. ChoiceOne Financial Services, Inc. has the higher net margin (22.8% vs 15.4%) and the lower return on invested capital (5.66% vs 6.15%). Both pay a dividend; ChoiceOne Financial Services, Inc. yields more (3.16% vs 1.80%). Across the 19 metrics below, ChoiceOne Financial Services, Inc. leads on 12 and Colony Bankcorp, Inc. on 7.

Valuation

Metric CBAN COFS Banks Regional median
P/E 12.11 10.10 12.02
P/S 1.99 2.29 2.36
P/B 1.08 1.14 1.23
Price to free cash flow 18.60 10.53 10.60
EV/EBITDA — — —
EV/Sales — — —
Earnings yield 8.26% 9.90% 8.21%
Free cash flow yield 5.38% 9.50% 9.23%

Profitability

Metric CBAN COFS Banks Regional median
Gross margin 71.44% 71.49% 69.81%
Operating margin 0.00% 0.00% 0.00%
Net margin 15.42% 22.77% 18.82%
Free cash flow margin 10.71% 21.74% 17.97%
Return on equity 9.57% 11.97% 10.28%
Return on assets 0.97% 1.25% 1.13%
Return on invested capital 6.15% 5.66% 8.45%

Growth

Metric CBAN COFS Banks Regional median
Revenue growth (TTM) 16.31% 35.07% 6.37%
EPS growth (last fiscal year) 16.91% (38.15%) 18.85%
Revenue growth, 5-year CAGR 16.84% 23.76% 12.65%
Net income growth, 5-year CAGR 19.05% 12.53% 9.81%

Health

Metric CBAN COFS Banks Regional median
Debt to equity 0.60 0.71 0.17
Current ratio 0.88 0.87 0.93
Net debt to EBITDA 0.00 0.00 0.00

Dividend

Metric CBAN COFS Banks Regional median
Dividend yield 1.80% 3.16% 2.49%
Payout ratio 0.22 0.32 0.29

Size

Metric CBAN COFS Banks Regional median
Market cap 546.77m 548.56m 934.85m

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