Capital City Bank Group (CCBG) vs Peapack-Gladstone Financial Corporation (PGC)

Capital City Bank Group and Peapack-Gladstone Financial Corporation are both Banks Regional companies. Capital City Bank Group and Peapack-Gladstone Financial Corporation are of similar size ($843.9M and $794.6M). Capital City Bank Group trades at the lower P/E: 13.9× against 15.4×. Peapack-Gladstone Financial Corporation grew revenue faster over the last twelve months: 10.3% against 3.76%. Capital City Bank Group has the higher net margin (21.4% vs 11.0%) and the higher return on invested capital (41.1% vs 9.80%). Both pay a dividend; Capital City Bank Group yields more (3.00% vs 0.85%). Across the 20 metrics below, Capital City Bank Group leads on 10 and Peapack-Gladstone Financial Corporation on 10.

Valuation

Metric CCBG PGC Banks Regional median
P/E 13.85 15.36 12.15
P/S 2.95 1.70 2.37
P/B 1.50 1.16 1.21
Price to free cash flow 16.44 7.81 10.80
EV/EBITDA n/m n/m —
EV/Sales 1.41 1.16 2.27
Earnings yield 7.22% 6.51% 8.11%
Free cash flow yield 6.08% 12.80% 8.98%

Profitability

Metric CCBG PGC Banks Regional median
Gross margin 88.90% 67.79% 69.57%
Operating margin 0.00% 0.00% 0.00%
Net margin 21.37% 11.04% 18.66%
Free cash flow margin 17.95% 21.80% 21.18%
Return on equity 11.26% 7.86% 10.64%
Return on assets 1.40% 0.68% 1.13%
Return on invested capital 41.05% 9.80% 8.33%

Growth

Metric CCBG PGC Banks Regional median
Revenue growth (TTM) 3.76% 10.31% 6.61%
EPS growth (last fiscal year) 15.38% 13.51% —
Revenue growth, 5-year CAGR 5.70% 14.34% 12.30%
Net income growth, 5-year CAGR 14.28% 7.34% 9.71%

Health

Metric CCBG PGC Banks Regional median
Debt to equity 0.06 0.00 0.22
Current ratio 0.79 0.97 0.94
Net debt to EBITDA 0.00 0.00 0.00

Dividend

Metric CCBG PGC Banks Regional median
Dividend yield 3.00% 0.85% 3.75%
Payout ratio 0.23 0.05 0.27

Size

Metric CCBG PGC Banks Regional median
Market cap 843.86m 794.57m 921.07m

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