Esquire Financial Holdings, Inc. (ESQ) vs Tompkins Financial Corporation (TMP)

Esquire Financial Holdings, Inc. and Tompkins Financial Corporation are both Banks Regional companies. Esquire Financial Holdings, Inc. and Tompkins Financial Corporation are of similar size ($1.5B and $1.4B). Tompkins Financial Corporation trades at the lower P/E: 8.1× against 19.0×. Tompkins Financial Corporation grew revenue faster over the last twelve months: 28.2% against 20.0%. Tompkins Financial Corporation has the higher net margin (30.1% vs 29.3%) and the lower return on invested capital (11.2% vs 61.2%). Both pay a dividend; Tompkins Financial Corporation yields more (4.97% vs 1.15%). Across the 20 metrics below, Esquire Financial Holdings, Inc. leads on 10 and Tompkins Financial Corporation on 10.

Valuation

Metric ESQ TMP Banks Regional median
P/E 18.96 8.10 12.15
P/S 5.62 2.43 2.37
P/B 3.22 1.48 1.21
Price to free cash flow 15.73 27.88 10.80
EV/EBITDA n/m n/m —
EV/Sales 4.29 3.12 2.27
Earnings yield 5.27% 12.34% 8.11%
Free cash flow yield 6.36% 3.59% 8.98%

Profitability

Metric ESQ TMP Banks Regional median
Gross margin 88.70% 77.87% 69.57%
Operating margin 0.00% 0.00% 0.00%
Net margin 29.30% 30.13% 18.66%
Free cash flow margin 35.75% 8.73% 21.18%
Return on equity 18.26% 20.36% 10.64%
Return on assets 2.31% 2.04% 1.13%
Return on invested capital 61.15% 11.22% 8.33%

Growth

Metric ESQ TMP Banks Regional median
Revenue growth (TTM) 19.99% 28.16% 6.61%
EPS growth (last fiscal year) 14.20% 126.16% —
Revenue growth, 5-year CAGR 25.29% 12.02% 12.30%
Net income growth, 5-year CAGR 32.13% 15.73% 9.71%

Health

Metric ESQ TMP Banks Regional median
Debt to equity 0.00 0.57 0.22
Current ratio 0.97 0.95 0.94
Net debt to EBITDA 0.00 0.00 0.00

Dividend

Metric ESQ TMP Banks Regional median
Dividend yield 1.15% 4.97% 3.75%
Payout ratio 0.09 0.50 0.27

Size

Metric ESQ TMP Banks Regional median
Market cap 1.49b 1.41b 921.07m

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