Chemung Financial Corp (CHMG) vs Northeast Community Bancorp Inc. (NECB)

Chemung Financial Corp and Northeast Community Bancorp Inc. are both Banks Regional companies. Chemung Financial Corp and Northeast Community Bancorp Inc. are of similar size ($410.8M and $399.2M). Northeast Community Bancorp Inc. trades at the lower P/E: 9.0× against 10.7×. Chemung Financial Corp grew revenue faster over the last twelve months: 18.8% against −5.05%. Northeast Community Bancorp Inc. has the higher net margin (27.7% vs 23.4%) and the lower return on invested capital (7.83% vs 15.7%). Both pay a dividend; Northeast Community Bancorp Inc. yields more (3.10% vs 1.62%). Across the 19 metrics below, Northeast Community Bancorp Inc. leads on 14 and Chemung Financial Corp on 5.

Valuation

Metric CHMG NECB Banks Regional median
P/E 10.68 9.02 12.02
P/S 2.50 2.49 2.36
P/B 1.51 1.05 1.23
Price to free cash flow 9.21 7.84 10.60
EV/EBITDA — — —
EV/Sales — — —
Earnings yield 9.37% 11.08% 8.21%
Free cash flow yield 10.86% 12.75% 9.23%

Profitability

Metric CHMG NECB Banks Regional median
Gross margin 75.07% 67.58% 69.81%
Operating margin 0.00% 0.00% 0.00%
Net margin 23.36% 27.67% 18.82%
Free cash flow margin 27.95% 31.75% 17.97%
Return on equity 14.82% 12.13% 10.28%
Return on assets 1.39% 2.07% 1.13%
Return on invested capital 15.69% 7.83% 8.45%

Growth

Metric CHMG NECB Banks Regional median
Revenue growth (TTM) 18.82% (5.05%) 6.37%
EPS growth (last fiscal year) (36.69%) (9.22%) 18.85%
Revenue growth, 5-year CAGR 9.85% 25.17% 12.65%
Net income growth, 5-year CAGR (4.75%) 29.22% 9.81%

Health

Metric CHMG NECB Banks Regional median
Debt to equity 0.00 0.53 0.17
Current ratio 0.00 1.29 0.93
Net debt to EBITDA 0.00 0.00 0.00

Dividend

Metric CHMG NECB Banks Regional median
Dividend yield 1.62% 3.10% 2.49%
Payout ratio 0.17 0.29 0.29

Size

Metric CHMG NECB Banks Regional median
Market cap 410.82m 399.23m 934.85m

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