Capital Bancorp, Inc. (CBNK) vs Unity Bancorp, Inc. (UNTY)

Capital Bancorp, Inc. and Unity Bancorp, Inc. are both Banks Regional companies. Capital Bancorp, Inc. and Unity Bancorp, Inc. are of similar size ($586.1M and $555.0M). Unity Bancorp, Inc. trades at the lower P/E: 9.6× against 10.5×. Capital Bancorp, Inc. grew revenue faster over the last twelve months: 12.9% against 10.2%. Unity Bancorp, Inc. has the higher net margin (30.3% vs 17.5%) and the lower return on invested capital (10.6% vs 83.2%). Both pay a dividend; Unity Bancorp, Inc. yields more (1.82% vs 1.59%). Across the 20 metrics below, Capital Bancorp, Inc. leads on 12 and Unity Bancorp, Inc. on 8.

Valuation

Metric CBNK UNTY Banks Regional median
P/E 10.51 9.59 12.15
P/S 1.82 2.91 2.37
P/B 1.39 1.51 1.21
Price to free cash flow 9.00 20.84 10.80
EV/EBITDA n/m n/m —
EV/Sales 0.68 3.30 2.27
Earnings yield 9.51% 10.43% 8.11%
Free cash flow yield 11.11% 4.80% 8.98%

Profitability

Metric CBNK UNTY Banks Regional median
Gross margin 78.67% 69.92% 69.57%
Operating margin 0.00% 0.00% 0.00%
Net margin 17.47% 30.26% 18.66%
Free cash flow margin 20.21% 13.95% 21.18%
Return on equity 14.05% 16.95% 10.64%
Return on assets 1.55% 1.91% 1.13%
Return on invested capital 83.21% 10.56% 8.33%

Growth

Metric CBNK UNTY Banks Regional median
Revenue growth (TTM) 12.89% 10.15% 6.61%
EPS growth (last fiscal year) 61.61% 39.66% —
Revenue growth, 5-year CAGR 16.04% 15.45% 12.30%
Net income growth, 5-year CAGR 17.23% 19.64% 9.71%

Health

Metric CBNK UNTY Banks Regional median
Debt to equity 0.12 0.88 0.22
Current ratio 1.03 1.17 0.94
Net debt to EBITDA 0.00 0.00 0.00

Dividend

Metric CBNK UNTY Banks Regional median
Dividend yield 1.59% 1.82% 3.75%
Payout ratio 0.09 0.12 0.27

Size

Metric CBNK UNTY Banks Regional median
Market cap 586.13m 555.03m 921.07m

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