CPB Inc. (CPF) vs TrustCo Bank Corp NY (TRST)

CPB Inc. and TrustCo Bank Corp NY are both Banks Regional companies. CPB Inc. and TrustCo Bank Corp NY are of similar size ($958.7M and $948.5M). CPB Inc. trades at the lower P/E: 11.7× against 15.6×. TrustCo Bank Corp NY grew revenue faster over the last twelve months: 6.12% against 5.10%. TrustCo Bank Corp NY has the higher net margin (22.8% vs 22.5%) and the lower return on invested capital (0.00% vs 22.8%). Both pay a dividend; CPB Inc. yields more (5.49% vs 5.29%). Across the 20 metrics below, CPB Inc. leads on 13 and TrustCo Bank Corp NY on 7.

Valuation

Metric CPF TRST Banks Regional median
P/E 11.74 15.57 12.15
P/S 2.60 3.40 2.37
P/B 1.61 1.48 1.21
Price to free cash flow 9.78 16.25 10.80
EV/EBITDA n/m n/m —
EV/Sales 1.77 0.96 2.27
Earnings yield 8.52% 6.42% 8.11%
Free cash flow yield 10.22% 6.15% 8.98%

Profitability

Metric CPF TRST Banks Regional median
Gross margin 81.81% 68.91% 69.57%
Operating margin 0.00% 0.00% 0.00%
Net margin 22.52% 22.76% 18.66%
Free cash flow margin 26.57% 20.92% 21.18%
Return on equity 14.25% 9.65% 10.64%
Return on assets 1.12% 1.01% 1.13%
Return on invested capital 22.80% 0.00% 8.33%

Growth

Metric CPF TRST Banks Regional median
Revenue growth (TTM) 5.10% 6.12% 6.61%
EPS growth (last fiscal year) 45.18% 26.46% —
Revenue growth, 5-year CAGR 7.27% 7.33% 12.30%
Net income growth, 5-year CAGR 15.76% 3.11% 9.71%

Health

Metric CPF TRST Banks Regional median
Debt to equity 0.13 0.00 0.22
Current ratio 0.84 1.03 0.94
Net debt to EBITDA 0.00 0.00 0.00

Dividend

Metric CPF TRST Banks Regional median
Dividend yield 5.49% 5.29% 3.75%
Payout ratio 0.44 0.37 0.27

Size

Metric CPF TRST Banks Regional median
Market cap 948.54m 958.66m 921.07m

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