Capital Bancorp, Inc. (CBNK) vs Midland States Bancorp, Inc. (MSBI)

Capital Bancorp, Inc. and Midland States Bancorp, Inc. are both Banks Regional companies. Capital Bancorp, Inc. and Midland States Bancorp, Inc. are of similar size ($670.3M and $642.3M). Capital Bancorp, Inc. trades at the lower P/E: 11.5× against 20.7×. Capital Bancorp, Inc. grew revenue faster over the last twelve months: 12.9% against −12.2%. Capital Bancorp, Inc. has the higher net margin (17.5% vs 7.34%) and the higher return on invested capital (83.2% vs 6.06%). Both pay a dividend; Midland States Bancorp, Inc. yields more (4.00% vs 1.26%). Across the 19 metrics below, Capital Bancorp, Inc. leads on 13 and Midland States Bancorp, Inc. on 6.

Valuation

Metric CBNK MSBI Banks Regional median
P/E 11.55 20.65 11.98
P/S 2.00 1.48 2.34
P/B 1.53 1.48 1.19
Price to free cash flow 9.89 5.42 10.63
EV/EBITDA — — —
EV/Sales — — —
Earnings yield 8.66% 4.84% 8.23%
Free cash flow yield 10.11% 18.45% 9.08%

Profitability

Metric CBNK MSBI Banks Regional median
Gross margin 78.67% 72.03% 69.55%
Operating margin 0.00% 0.00% 0.00%
Net margin 17.47% 7.34% 18.66%
Free cash flow margin 20.21% 27.38% 21.11%
Return on equity 14.05% 7.28% 10.65%
Return on assets 1.55% 0.49% 1.13%
Return on invested capital 83.21% 6.06% 8.35%

Growth

Metric CBNK MSBI Banks Regional median
Revenue growth (TTM) 12.89% (12.17%) 6.98%
EPS growth (last fiscal year) 61.61% (484.76%) 18.88%
Revenue growth, 5-year CAGR 16.04% 9.23% 12.38%
Net income growth, 5-year CAGR 17.23% 0.00% 9.71%

Health

Metric CBNK MSBI Banks Regional median
Debt to equity 0.12 0.59 0.22
Current ratio 1.03 0.78 0.94
Net debt to EBITDA 0.00 0.00 0.00

Dividend

Metric CBNK MSBI Banks Regional median
Dividend yield 1.26% 4.00% 2.57%
Payout ratio 0.15 0.83 0.30

Size

Metric CBNK MSBI Banks Regional median
Market cap 642.33m 670.30m 913.33m

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