Colony Bankcorp, Inc. (CBAN) vs Southern First Bancshares, Inc. (SFST)

Colony Bankcorp, Inc. and Southern First Bancshares, Inc. are both Banks Regional companies. Colony Bankcorp, Inc. and Southern First Bancshares, Inc. are of similar size ($561.9M and $546.8M). Southern First Bancshares, Inc. trades at the lower P/E: 12.0× against 12.1×. Colony Bankcorp, Inc. grew revenue faster over the last twelve months: 16.3% against 8.99%. Southern First Bancshares, Inc. has the higher net margin (17.9% vs 15.4%) and the higher return on invested capital (11.0% vs 6.15%). Across the 18 metrics below, Southern First Bancshares, Inc. leads on 11 and Colony Bankcorp, Inc. on 7.

Valuation

Metric CBAN SFST Banks Regional median
P/E 12.11 11.97 12.02
P/S 1.99 2.33 2.36
P/B 1.08 1.21 1.23
Price to free cash flow 18.60 12.22 10.60
EV/EBITDA — — —
EV/Sales — — —
Earnings yield 8.26% 8.35% 8.21%
Free cash flow yield 5.38% 8.18% 9.23%

Profitability

Metric CBAN SFST Banks Regional median
Gross margin 71.44% 57.75% 69.81%
Operating margin 0.00% 0.00% 0.00%
Net margin 15.42% 17.93% 18.82%
Free cash flow margin 10.71% 19.03% 17.97%
Return on equity 9.57% 10.55% 10.28%
Return on assets 0.97% 0.93% 1.13%
Return on invested capital 6.15% 10.99% 8.45%

Growth

Metric CBAN SFST Banks Regional median
Revenue growth (TTM) 16.31% 8.99% 6.37%
EPS growth (last fiscal year) 16.91% 96.34% 18.85%
Revenue growth, 5-year CAGR 16.84% 12.95% 12.65%
Net income growth, 5-year CAGR 19.05% 10.63% 9.81%

Health

Metric CBAN SFST Banks Regional median
Debt to equity 0.60 0.55 0.17
Current ratio 0.88 1.10 0.93
Net debt to EBITDA 0.00 0.00 0.00

Dividend

Metric CBAN SFST Banks Regional median
Dividend yield 1.80% — 2.49%
Payout ratio 0.22 — 0.29

Size

Metric CBAN SFST Banks Regional median
Market cap 546.77m 561.87m 934.85m

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