Equity Bancshares, Inc. (EQBK) vs MetroCity Bankshares, Inc. (MCBS)

Equity Bancshares, Inc. and MetroCity Bankshares, Inc. are both Banks Regional companies. Equity Bancshares, Inc. and MetroCity Bankshares, Inc. are of similar size ($1.0B and $961.3M). MetroCity Bankshares, Inc. trades at the lower P/E: 12.0× against 27.9×. MetroCity Bankshares, Inc. grew revenue faster over the last twelve months: 19.3% against 13.3%. MetroCity Bankshares, Inc. has the higher net margin (28.3% vs 9.42%) and the higher return on invested capital (10.5% vs 4.80%). Both pay a dividend; MetroCity Bankshares, Inc. yields more (3.07% vs 1.60%). Across the 19 metrics below, MetroCity Bankshares, Inc. leads on 15 and Equity Bancshares, Inc. on 4.

Valuation

Metric EQBK MCBS Banks Regional median
P/E 27.95 12.03 11.98
P/S 2.58 3.58 2.34
P/B 1.18 1.78 1.19
Price to free cash flow 22.63 12.36 10.63
EV/EBITDA — — —
EV/Sales — — —
Earnings yield 3.58% 8.31% 8.23%
Free cash flow yield 4.42% 8.09% 9.08%

Profitability

Metric EQBK MCBS Banks Regional median
Gross margin 67.33% 64.72% 69.55%
Operating margin 0.00% 0.00% 0.00%
Net margin 9.42% 28.34% 18.66%
Free cash flow margin 11.38% 28.95% 21.11%
Return on equity 4.90% 15.91% 10.65%
Return on assets 0.55% 1.96% 1.13%
Return on invested capital 4.80% 10.53% 8.35%

Growth

Metric EQBK MCBS Banks Regional median
Revenue growth (TTM) 13.26% 19.32% 6.98%
EPS growth (last fiscal year) (69.25%) 4.76% 18.88%
Revenue growth, 5-year CAGR 11.63% 18.60% 12.38%
Net income growth, 5-year CAGR 0.00% 13.49% 9.71%

Health

Metric EQBK MCBS Banks Regional median
Debt to equity 0.58 0.66 0.22
Current ratio 0.93 1.21 0.94
Net debt to EBITDA 0.00 0.00 0.00

Dividend

Metric EQBK MCBS Banks Regional median
Dividend yield 1.60% 3.07% 2.57%
Payout ratio 0.46 0.38 0.30

Size

Metric EQBK MCBS Banks Regional median
Market cap 961.26m 1.00b 913.33m

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