Columbia Financial (CLBK) vs Park National Corporation (PRK)

Columbia Financial and Park National Corporation are both Banks Regional companies. Columbia Financial and Park National Corporation are of similar size ($3.3B and $3.0B). Park National Corporation trades at the lower P/E: 15.7× against 32.8×. Park National Corporation grew revenue faster over the last twelve months: 17.9% against 12.4%. Park National Corporation has the higher net margin (25.7% vs 11.2%) and the higher return on invested capital (13.2% vs 3.82%). Both pay a dividend; Park National Corporation yields more (1.84% vs 0.45%). Across the 19 metrics below, Park National Corporation leads on 11 and Columbia Financial on 8.

Valuation

Metric CLBK PRK Banks Regional median
P/E 32.76 15.69 12.02
P/S 2.14 4.16 2.36
P/B 0.93 1.89 1.23
Price to free cash flow 16.21 17.61 10.60
EV/EBITDA — — —
EV/Sales — — —
Earnings yield 3.05% 6.38% 8.21%
Free cash flow yield 6.17% 5.68% 9.23%

Profitability

Metric CLBK PRK Banks Regional median
Gross margin 53.31% 84.66% 69.81%
Operating margin 0.00% 0.00% 0.00%
Net margin 11.19% 25.67% 18.82%
Free cash flow margin 13.23% 0.00% 17.97%
Return on equity 5.02% 13.13% 10.28%
Return on assets 0.51% 1.78% 1.13%
Return on invested capital 3.82% 13.19% 8.45%

Growth

Metric CLBK PRK Banks Regional median
Revenue growth (TTM) 12.41% 17.90% 6.37%
EPS growth (last fiscal year) 563.60% 19.21% 18.85%
Revenue growth, 5-year CAGR 9.21% 6.57% 12.65%
Net income growth, 5-year CAGR (2.11%) 7.08% 9.81%

Health

Metric CLBK PRK Banks Regional median
Debt to equity 1.02 0.00 0.17
Current ratio 0.98 0.95 0.93
Net debt to EBITDA 0.00 0.00 0.00

Dividend

Metric CLBK PRK Banks Regional median
Dividend yield 0.45% 1.84% 2.49%
Payout ratio 0.15 0.29 0.29

Size

Metric CLBK PRK Banks Regional median
Market cap 2.97b 3.25b 934.85m

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