CNB Financial Corporation (CCNE) vs Northeast Bancorp (NBN)

CNB Financial Corporation and Northeast Bancorp are both Banks Regional companies. CNB Financial Corporation and Northeast Bancorp are of similar size ($1.1B and $1.1B). Northeast Bancorp trades at the lower P/E: 9.7× against 10.7×. CNB Financial Corporation grew revenue faster over the last twelve months: 26.1% against 9.71%. Northeast Bancorp has the higher net margin (27.9% vs 0.00%) and the higher return on invested capital (8.97% vs 0.00%). Both pay a dividend; CNB Financial Corporation yields more (2.08% vs 0.03%). Across the 18 metrics below, CNB Financial Corporation leads on 9 and Northeast Bancorp on 9.

Valuation

Metric CCNE NBN Banks Regional median
P/E 10.69 9.71 12.02
P/S 2.10 2.71 2.36
P/B 1.24 1.73 1.23
Price to free cash flow 11.68 n/m 10.60
EV/EBITDA — — —
EV/Sales — — —
Earnings yield 9.36% 10.30% 8.21%
Free cash flow yield 8.56% (6.14%) 9.23%

Profitability

Metric CCNE NBN Banks Regional median
Gross margin 68.60% 61.42% 69.81%
Operating margin 0.00% 0.00% 0.00%
Net margin 0.00% 27.91% 18.82%
Free cash flow margin 18.01% (16.62%) 17.97%
Return on equity 0.00% 19.57% 10.28%
Return on assets 0.00% 2.26% 1.13%
Return on invested capital 0.00% 8.97% 8.45%

Growth

Metric CCNE NBN Banks Regional median
Revenue growth (TTM) 26.13% 9.71% 6.37%
EPS growth (last fiscal year) 4.18% 26.39% 18.85%
Revenue growth, 5-year CAGR 17.24% 20.73% 12.65%
Net income growth, 5-year CAGR 14.27% 8.49% 9.81%

Health

Metric CCNE NBN Banks Regional median
Debt to equity 0.06 1.42 0.17
Current ratio 0.96 1.35 0.93
Net debt to EBITDA 0.00 0.00 0.00

Dividend

Metric CCNE NBN Banks Regional median
Dividend yield 2.08% 0.03% 2.49%
Payout ratio 0.22 0.00 0.29

Size

Metric CCNE NBN Banks Regional median
Market cap 1.07b 1.07b 934.85m

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