CB Financial Services, Inc. (CBFV) vs Rhinebeck Bancorp, Inc. (RBKB)

CB Financial Services, Inc. and Rhinebeck Bancorp, Inc. are both Banks Regional companies. CB Financial Services, Inc. and Rhinebeck Bancorp, Inc. are of similar size ($200.9M and $188.6M). Rhinebeck Bancorp, Inc. trades at the lower P/E: 17.8× against 25.9×. Rhinebeck Bancorp, Inc. grew revenue faster over the last twelve months: 34.3% against −9.38%. Rhinebeck Bancorp, Inc. has the higher net margin (13.0% vs 9.90%) and the lower return on invested capital (0.00% vs 4.10%). Across the 19 metrics below, Rhinebeck Bancorp, Inc. leads on 15 and CB Financial Services, Inc. on 4.

Valuation

Metric CBFV RBKB Banks Regional median
P/E 25.91 17.83 12.15
P/S 2.58 1.83 2.37
P/B 1.16 1.00 1.21
Price to free cash flow 9.60 10.42 10.80
EV/EBITDA n/m n/m —
EV/Sales 2.01 (2.05) 2.27
Earnings yield 3.86% 5.61% 8.11%
Free cash flow yield 10.41% 9.60% 8.98%

Profitability

Metric CBFV RBKB Banks Regional median
Gross margin 66.30% 70.48% 69.57%
Operating margin 0.00% 0.00% 0.00%
Net margin 9.90% 12.99% 18.66%
Free cash flow margin 26.86% 17.56% 21.18%
Return on equity 4.65% 7.35% 10.64%
Return on assets 0.45% 0.72% 1.13%
Return on invested capital 4.10% 0.00% 8.33%

Growth

Metric CBFV RBKB Banks Regional median
Revenue growth (TTM) (9.38%) 34.27% 6.61%
EPS growth (last fiscal year) (61.34%) 215.01% —
Revenue growth, 5-year CAGR 3.83% 7.55% 12.30%
Net income growth, 5-year CAGR 0.00% 11.17% 9.71%

Health

Metric CBFV RBKB Banks Regional median
Debt to equity 0.21 0.07 0.22
Current ratio 0.85 0.94 0.94
Net debt to EBITDA 0.00 0.00 0.00

Dividend

Metric CBFV RBKB Banks Regional median
Dividend yield 4.50% — 3.75%
Payout ratio 0.34 0.00 0.27

Size

Metric CBFV RBKB Banks Regional median
Market cap 188.58m 200.92m 921.07m

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