Equity Bancshares, Inc. (EQBK) vs Hanmi Financial Corporation (HAFC)

Equity Bancshares, Inc. and Hanmi Financial Corporation are both Banks Regional companies. Equity Bancshares, Inc. and Hanmi Financial Corporation are of similar size ($961.3M and $917.4M). Hanmi Financial Corporation trades at the lower P/E: 10.4× against 27.9×. Equity Bancshares, Inc. grew revenue faster over the last twelve months: 13.3% against 4.20%. Hanmi Financial Corporation has the higher net margin (19.8% vs 9.42%) and the higher return on invested capital (11.3% vs 4.80%). Both pay a dividend; Hanmi Financial Corporation yields more (3.57% vs 1.60%). Across the 19 metrics below, Hanmi Financial Corporation leads on 16 and Equity Bancshares, Inc. on 3.

Valuation

Metric EQBK HAFC Banks Regional median
P/E 27.95 10.40 11.98
P/S 2.58 2.04 2.34
P/B 1.18 1.13 1.19
Price to free cash flow 22.63 4.37 10.63
EV/EBITDA — — —
EV/Sales — — —
Earnings yield 3.58% 9.61% 8.23%
Free cash flow yield 4.42% 22.89% 9.08%

Profitability

Metric EQBK HAFC Banks Regional median
Gross margin 67.33% 63.45% 69.55%
Operating margin 0.00% 0.00% 0.00%
Net margin 9.42% 19.80% 18.66%
Free cash flow margin 11.38% 46.60% 21.11%
Return on equity 4.90% 11.33% 10.65%
Return on assets 0.55% 1.13% 1.13%
Return on invested capital 4.80% 11.28% 8.35%

Growth

Metric EQBK HAFC Banks Regional median
Revenue growth (TTM) 13.26% 4.20% 6.98%
EPS growth (last fiscal year) (69.25%) 22.44% 18.88%
Revenue growth, 5-year CAGR 11.63% 10.75% 12.38%
Net income growth, 5-year CAGR 0.00% 12.51% 9.71%

Health

Metric EQBK HAFC Banks Regional median
Debt to equity 0.58 0.25 0.22
Current ratio 0.93 0.98 0.94
Net debt to EBITDA 0.00 0.00 0.00

Dividend

Metric EQBK HAFC Banks Regional median
Dividend yield 1.60% 3.57% 2.57%
Payout ratio 0.46 0.37 0.30

Size

Metric EQBK HAFC Banks Regional median
Market cap 961.26m 917.35m 913.33m

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