Chemung Financial Corp (CHMG) vs Parke Bancorp, Inc. (PKBK)

Chemung Financial Corp and Parke Bancorp, Inc. are both Banks Regional companies. Chemung Financial Corp and Parke Bancorp, Inc. are of similar size ($397.3M and $395.8M). Parke Bancorp, Inc. trades at the lower P/E: 8.7× against 11.8×. Chemung Financial Corp grew revenue faster over the last twelve months: 18.5% against 10.7%. Parke Bancorp, Inc. has the higher net margin (30.0% vs 20.7%) and the higher return on invested capital (11.8% vs 8.26%). Both pay a dividend; Parke Bancorp, Inc. yields more (4.19% vs 2.84%). Across the 20 metrics below, Parke Bancorp, Inc. leads on 14 and Chemung Financial Corp on 6.

Valuation

Metric CHMG PKBK Banks Regional median
P/E 11.78 8.68 12.15
P/S 2.45 2.59 2.37
P/B 1.47 1.15 1.21
Price to free cash flow 8.71 8.91 10.80
EV/EBITDA n/m n/m —
EV/Sales 2.84 2.41 2.27
Earnings yield 8.49% 11.52% 8.11%
Free cash flow yield 11.48% 11.23% 8.98%

Profitability

Metric CHMG PKBK Banks Regional median
Gross margin 74.23% 59.35% 69.57%
Operating margin 0.00% 0.00% 0.00%
Net margin 20.68% 29.98% 18.66%
Free cash flow margin 28.10% 29.12% 21.18%
Return on equity 13.28% 13.92% 10.64%
Return on assets 1.18% 2.05% 1.13%
Return on invested capital 8.26% 11.75% 8.33%

Growth

Metric CHMG PKBK Banks Regional median
Revenue growth (TTM) 18.50% 10.66% 6.61%
EPS growth (last fiscal year) (36.69%) 39.21% —
Revenue growth, 5-year CAGR 9.85% 10.49% 12.30%
Net income growth, 5-year CAGR (4.75%) 5.86% 9.71%

Health

Metric CHMG PKBK Banks Regional median
Debt to equity 0.51 0.51 0.22
Current ratio 1.04 1.25 0.94
Net debt to EBITDA 0.00 0.00 0.00

Dividend

Metric CHMG PKBK Banks Regional median
Dividend yield 2.84% 4.19% 3.75%
Payout ratio 0.21 0.22 0.27

Size

Metric CHMG PKBK Banks Regional median
Market cap 395.79m 397.30m 921.07m

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