Equity Bancshares, Inc. (EQBK) vs TrustCo Bank Corp NY (TRST)

Equity Bancshares, Inc. and TrustCo Bank Corp NY are both Banks Regional companies. Equity Bancshares, Inc. and TrustCo Bank Corp NY are of similar size ($991.9M and $958.7M). TrustCo Bank Corp NY trades at the lower P/E: 15.6× against 28.6×. Equity Bancshares, Inc. grew revenue faster over the last twelve months: 13.3% against 6.12%. TrustCo Bank Corp NY has the higher net margin (22.8% vs 9.42%) and the lower return on invested capital (0.00% vs 4.80%). Both pay a dividend; TrustCo Bank Corp NY yields more (5.29% vs 1.50%). Across the 20 metrics below, TrustCo Bank Corp NY leads on 15 and Equity Bancshares, Inc. on 5.

Valuation

Metric EQBK TRST Banks Regional median
P/E 28.60 15.57 12.15
P/S 2.64 3.40 2.37
P/B 1.21 1.48 1.21
Price to free cash flow 23.16 16.25 10.80
EV/EBITDA n/m n/m —
EV/Sales 2.47 0.96 2.27
Earnings yield 3.50% 6.42% 8.11%
Free cash flow yield 4.32% 6.15% 8.98%

Profitability

Metric EQBK TRST Banks Regional median
Gross margin 67.33% 68.91% 69.57%
Operating margin 0.00% 0.00% 0.00%
Net margin 9.42% 22.76% 18.66%
Free cash flow margin 11.38% 20.92% 21.18%
Return on equity 4.90% 9.65% 10.64%
Return on assets 0.55% 1.01% 1.13%
Return on invested capital 4.80% 0.00% 8.33%

Growth

Metric EQBK TRST Banks Regional median
Revenue growth (TTM) 13.26% 6.12% 6.61%
EPS growth (last fiscal year) (69.25%) 26.46% —
Revenue growth, 5-year CAGR 11.63% 7.33% 12.30%
Net income growth, 5-year CAGR 0.00% 3.11% 9.71%

Health

Metric EQBK TRST Banks Regional median
Debt to equity 0.58 0.00 0.22
Current ratio 0.93 1.03 0.94
Net debt to EBITDA 0.00 0.00 0.00

Dividend

Metric EQBK TRST Banks Regional median
Dividend yield 1.50% 5.29% 3.75%
Payout ratio 0.13 0.37 0.27

Size

Metric EQBK TRST Banks Regional median
Market cap 991.94m 958.66m 921.07m

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