Columbia Financial (CLBK) vs Provident Financial Services, Inc (PFS)

Columbia Financial and Provident Financial Services, Inc are both Banks Regional companies. Columbia Financial and Provident Financial Services, Inc are of similar size ($3.0B and $3.0B). Provident Financial Services, Inc trades at the lower P/E: 9.5× against 45.3×. Columbia Financial grew revenue faster over the last twelve months: 12.0% against 3.72%. Provident Financial Services, Inc has the higher net margin (22.2% vs 10.9%) and the higher return on invested capital (4.85% vs 2.24%). Across the 19 metrics below, Provident Financial Services, Inc leads on 17 and Columbia Financial on 2.

Valuation

Metric CLBK PFS Banks Regional median
P/E 45.32 9.52 12.15
P/S 4.92 2.11 2.37
P/B 2.15 1.02 1.21
Price to free cash flow 39.26 8.43 10.80
EV/EBITDA n/m n/m —
EV/Sales 6.80 3.98 2.27
Earnings yield 2.21% 10.51% 8.11%
Free cash flow yield 2.55% 11.86% 8.98%

Profitability

Metric CLBK PFS Banks Regional median
Gross margin 52.06% 64.26% 69.57%
Operating margin 0.00% 0.00% 0.00%
Net margin 10.91% 22.15% 18.66%
Free cash flow margin 12.53% 25.01% 21.18%
Return on equity 4.92% 11.14% 10.64%
Return on assets 0.52% 1.25% 1.13%
Return on invested capital 2.24% 4.85% 8.33%

Growth

Metric CLBK PFS Banks Regional median
Revenue growth (TTM) 12.04% 3.72% 6.61%
EPS growth (last fiscal year) 563.60% 112.38% —
Revenue growth, 5-year CAGR 9.21% 25.98% 12.30%
Net income growth, 5-year CAGR (2.11%) 24.60% 9.71%

Health

Metric CLBK PFS Banks Regional median
Debt to equity 1.06 0.99 0.22
Current ratio 1.00 1.03 0.94
Net debt to EBITDA 0.00 0.00 0.00

Dividend

Metric CLBK PFS Banks Regional median
Dividend yield — 6.41% 3.75%
Payout ratio 0.00 0.43 0.27

Size

Metric CLBK PFS Banks Regional median
Market cap 3.04b 2.96b 921.07m

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