Chemung Financial Corp (CHMG) vs USCB Financial Holdings, Inc. (USCB)

Chemung Financial Corp and USCB Financial Holdings, Inc. are both Banks Regional companies. Chemung Financial Corp and USCB Financial Holdings, Inc. are of similar size ($418.8M and $395.8M). Chemung Financial Corp trades at the lower P/E: 11.8× against 14.7×. Chemung Financial Corp grew revenue faster over the last twelve months: 18.5% against 4.72%. Chemung Financial Corp has the higher net margin (20.7% vs 18.1%) and the higher return on invested capital (8.26% vs 6.24%). Both pay a dividend; Chemung Financial Corp yields more (2.84% vs 0.87%). Across the 20 metrics below, Chemung Financial Corp leads on 14 and USCB Financial Holdings, Inc. on 6.

Valuation

Metric CHMG USCB Banks Regional median
P/E 11.78 14.69 12.15
P/S 2.45 2.61 2.37
P/B 1.47 1.78 1.21
Price to free cash flow 8.71 8.46 10.80
EV/EBITDA n/m n/m —
EV/Sales 2.84 3.63 2.27
Earnings yield 8.49% 6.81% 8.11%
Free cash flow yield 11.48% 11.82% 8.98%

Profitability

Metric CHMG USCB Banks Regional median
Gross margin 74.23% 61.02% 69.57%
Operating margin 0.00% 0.00% 0.00%
Net margin 20.68% 18.05% 18.66%
Free cash flow margin 28.10% 30.84% 21.18%
Return on equity 13.28% 12.36% 10.64%
Return on assets 1.18% 1.00% 1.13%
Return on invested capital 8.26% 6.24% 8.33%

Growth

Metric CHMG USCB Banks Regional median
Revenue growth (TTM) 18.50% 4.72% 6.61%
EPS growth (last fiscal year) (36.69%) 7.26% —
Revenue growth, 5-year CAGR 9.85% 20.96% 12.30%
Net income growth, 5-year CAGR (4.75%) 27.68% 9.71%

Health

Metric CHMG USCB Banks Regional median
Debt to equity 0.51 1.20 0.22
Current ratio 1.04 0.97 0.94
Net debt to EBITDA 0.00 0.00 0.00

Dividend

Metric CHMG USCB Banks Regional median
Dividend yield 2.84% 0.87% 3.75%
Payout ratio 0.21 0.00 0.27

Size

Metric CHMG USCB Banks Regional median
Market cap 395.79m 418.82m 921.07m

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