City Holding Company (CHCO) vs Dime Community Bancshares, Inc. (DCOM)

City Holding Company and Dime Community Bancshares, Inc. are both Banks Regional companies. City Holding Company is the larger, with a market value of $2.0B against $1.8B — 1.1× the size. Dime Community Bancshares, Inc. trades at the lower P/E: 14.6× against 15.5×. Dime Community Bancshares, Inc. grew revenue faster over the last twelve months: 14.8% against 3.37%. City Holding Company has the higher net margin (32.8% vs 16.0%) and the lower return on invested capital (14.8% vs 57.0%). Both pay a dividend; Dime Community Bancshares, Inc. yields more (5.25% vs 2.85%). Across the 20 metrics below, Dime Community Bancshares, Inc. leads on 14 and City Holding Company on 6.

Valuation

Metric CHCO DCOM Banks Regional median
P/E 15.52 14.57 12.15
P/S 4.95 2.32 2.37
P/B 2.46 1.24 1.21
Price to free cash flow 14.25 8.74 10.80
EV/EBITDA n/m n/m —
EV/Sales 4.66 0.57 2.27
Earnings yield 6.44% 6.86% 8.11%
Free cash flow yield 7.02% 11.44% 8.98%

Profitability

Metric CHCO DCOM Banks Regional median
Gross margin 80.00% 65.17% 69.57%
Operating margin 0.00% 0.00% 0.00%
Net margin 32.75% 15.95% 18.66%
Free cash flow margin 34.74% 26.58% 21.18%
Return on equity 16.76% 8.81% 10.64%
Return on assets 1.97% 0.82% 1.13%
Return on invested capital 14.81% 57.02% 8.33%

Growth

Metric CHCO DCOM Banks Regional median
Revenue growth (TTM) 3.37% 14.81% 6.61%
EPS growth (last fiscal year) 13.18% 329.09% —
Revenue growth, 5-year CAGR 8.86% 23.40% 12.30%
Net income growth, 5-year CAGR 7.81% 22.01% 9.71%

Health

Metric CHCO DCOM Banks Regional median
Debt to equity 0.19 0.41 0.22
Current ratio 0.83 0.99 0.94
Net debt to EBITDA 0.00 0.00 0.00

Dividend

Metric CHCO DCOM Banks Regional median
Dividend yield 2.85% 5.25% 3.75%
Payout ratio 0.33 0.27 0.27

Size

Metric CHCO DCOM Banks Regional median
Market cap 1.97b 1.78b 921.07m

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