Colony Bankcorp, Inc. (CBAN) vs Citizens & Northern Corp (CZNC)

Colony Bankcorp, Inc. and Citizens & Northern Corp are both Banks Regional companies. Colony Bankcorp, Inc. and Citizens & Northern Corp are of similar size ($457.0M and $440.1M). Colony Bankcorp, Inc. trades at the lower P/E: 12.5× against 17.4×. Citizens & Northern Corp grew revenue faster over the last twelve months: 19.0% against 16.3%. Colony Bankcorp, Inc. has the higher net margin (15.4% vs 13.2%) and the higher return on invested capital (6.15% vs 4.65%). Both pay a dividend; Citizens & Northern Corp yields more (6.04% vs 3.95%). Across the 20 metrics below, Colony Bankcorp, Inc. leads on 12 and Citizens & Northern Corp on 8.

Valuation

Metric CBAN CZNC Banks Regional median
P/E 12.53 17.42 12.15
P/S 2.06 2.39 2.37
P/B 1.12 1.32 1.21
Price to free cash flow 19.25 10.20 10.80
EV/EBITDA n/m n/m —
EV/Sales 2.41 2.77 2.27
Earnings yield 7.98% 5.74% 8.11%
Free cash flow yield 5.19% 9.80% 8.98%

Profitability

Metric CBAN CZNC Banks Regional median
Gross margin 71.44% 74.65% 69.57%
Operating margin 0.00% 0.00% 0.00%
Net margin 15.42% 13.23% 18.66%
Free cash flow margin 10.71% 23.45% 21.18%
Return on equity 9.57% 7.99% 10.64%
Return on assets 0.97% 0.88% 1.13%
Return on invested capital 6.15% 4.65% 8.33%

Growth

Metric CBAN CZNC Banks Regional median
Revenue growth (TTM) 16.31% 19.01% 6.61%
EPS growth (last fiscal year) 16.91% (13.61%) —
Revenue growth, 5-year CAGR 16.84% 10.84% 12.30%
Net income growth, 5-year CAGR 19.05% 4.00% 9.71%

Health

Metric CBAN CZNC Banks Regional median
Debt to equity 0.60 0.45 0.22
Current ratio 0.88 0.91 0.94
Net debt to EBITDA 0.00 0.00 0.00

Dividend

Metric CBAN CZNC Banks Regional median
Dividend yield 3.95% 6.04% 3.75%
Payout ratio 0.36 0.53 0.27

Size

Metric CBAN CZNC Banks Regional median
Market cap 440.12m 456.98m 921.07m

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