CPB Inc. (CPF) vs NB Bancorp, Inc. (NBBK)

CPB Inc. and NB Bancorp, Inc. are both Banks Regional companies. CPB Inc. and NB Bancorp, Inc. are of similar size ($948.5M and $918.6M). CPB Inc. trades at the lower P/E: 11.7× against 14.9×. NB Bancorp, Inc. grew revenue faster over the last twelve months: 27.9% against 5.10%. CPB Inc. has the higher net margin (22.5% vs 14.3%) and the higher return on invested capital (22.8% vs 10.1%). Across the 17 metrics below, CPB Inc. leads on 12 and NB Bancorp, Inc. on 5.

Valuation

Metric CPF NBBK Banks Regional median
P/E 11.74 14.87 12.15
P/S 2.60 2.16 2.37
P/B 1.61 1.07 1.21
Price to free cash flow 9.78 11.50 10.80
EV/EBITDA n/m n/m —
EV/Sales 1.77 1.64 2.27
Earnings yield 8.52% 6.73% 8.11%
Free cash flow yield 10.22% 8.70% 8.98%

Profitability

Metric CPF NBBK Banks Regional median
Gross margin 81.81% 62.48% 69.57%
Operating margin 0.00% 0.00% 0.00%
Net margin 22.52% 14.27% 18.66%
Free cash flow margin 26.57% 18.82% 21.18%
Return on equity 14.25% 7.49% 10.64%
Return on assets 1.12% 0.93% 1.13%
Return on invested capital 22.80% 10.08% 8.33%

Growth

Metric CPF NBBK Banks Regional median
Revenue growth (TTM) 5.10% 27.92% 6.61%
EPS growth (last fiscal year) 45.18% 25.23% —
Revenue growth, 5-year CAGR 7.27% — 12.30%
Net income growth, 5-year CAGR 15.76% — 9.71%

Health

Metric CPF NBBK Banks Regional median
Debt to equity 0.13 0.22 0.22
Current ratio 0.84 1.06 0.94
Net debt to EBITDA 0.00 0.00 0.00

Dividend

Metric CPF NBBK Banks Regional median
Dividend yield 5.49% — 3.75%
Payout ratio 0.44 — 0.27

Size

Metric CPF NBBK Banks Regional median
Market cap 948.54m 918.64m 921.07m

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