Dime Community Bancshares, Inc. (DCOM) vs Live Oak Bancshares, Inc. (LOB)

Dime Community Bancshares, Inc. and Live Oak Bancshares, Inc. are both Banks Regional companies. Dime Community Bancshares, Inc. and Live Oak Bancshares, Inc. are of similar size ($1.8B and $1.7B). Live Oak Bancshares, Inc. trades at the lower P/E: 13.0× against 14.6×. Dime Community Bancshares, Inc. grew revenue faster over the last twelve months: 14.8% against 12.0%. Dime Community Bancshares, Inc. has the higher net margin (16.0% vs 12.3%) and the higher return on invested capital (57.0% vs 29.7%). Both pay a dividend; Dime Community Bancshares, Inc. yields more (5.25% vs 0.32%). Across the 20 metrics below, Dime Community Bancshares, Inc. leads on 12 and Live Oak Bancshares, Inc. on 8.

Valuation

Metric DCOM LOB Banks Regional median
P/E 14.57 13.01 12.15
P/S 2.32 1.61 2.37
P/B 1.24 1.42 1.21
Price to free cash flow 8.74 6.98 10.80
EV/EBITDA n/m n/m —
EV/Sales 0.57 0.77 2.27
Earnings yield 6.86% 7.68% 8.11%
Free cash flow yield 11.44% 14.33% 8.98%

Profitability

Metric DCOM LOB Banks Regional median
Gross margin 65.17% 57.11% 69.57%
Operating margin 0.00% 0.00% 0.00%
Net margin 15.95% 12.25% 18.66%
Free cash flow margin 26.58% 23.01% 21.18%
Return on equity 8.81% 11.57% 10.64%
Return on assets 0.82% 0.89% 1.13%
Return on invested capital 57.02% 29.70% 8.33%

Growth

Metric DCOM LOB Banks Regional median
Revenue growth (TTM) 14.81% 12.04% 6.61%
EPS growth (last fiscal year) 329.09% 31.95% —
Revenue growth, 5-year CAGR 23.40% 22.62% 12.30%
Net income growth, 5-year CAGR 22.01% 11.55% 9.71%

Health

Metric DCOM LOB Banks Regional median
Debt to equity 0.41 0.00 0.22
Current ratio 0.99 0.95 0.94
Net debt to EBITDA 0.00 0.00 0.00

Dividend

Metric DCOM LOB Banks Regional median
Dividend yield 5.25% 0.32% 3.75%
Payout ratio 0.27 0.09 0.27

Size

Metric DCOM LOB Banks Regional median
Market cap 1.78b 1.72b 921.07m

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