FB Bancorp, Inc. (FBLA) vs First Northern Community Bancorp (FNRN)

FB Bancorp, Inc. and First Northern Community Bancorp are both Banks Regional companies. FB Bancorp, Inc. and First Northern Community Bancorp are of similar size ($273.3M and $264.7M). FB Bancorp, Inc. has negative trailing earnings, so its P/E is not meaningful; First Northern Community Bancorp trades at 12.2×. FB Bancorp, Inc. grew revenue faster over the last twelve months: 26.6% against 4.54%. First Northern Community Bancorp has the higher net margin (25.0% vs −0.39%) and the higher return on invested capital (18.7% vs 0.53%). Across the 15 metrics below, First Northern Community Bancorp leads on 8 and FB Bancorp, Inc. on 7.

Valuation

Metric FBLA FNRN Banks Regional median
P/E n/m 12.22 11.98
P/S 3.39 2.99 2.34
P/B 0.86 1.25 1.19
Price to free cash flow 6.36 42.79 10.63
EV/EBITDA — — —
EV/Sales — — —
Earnings yield (0.06%) 8.18% 8.23%
Free cash flow yield 15.72% 2.34% 9.08%

Profitability

Metric FBLA FNRN Banks Regional median
Gross margin 74.02% 83.21% 69.55%
Operating margin 0.00% 0.00% 0.00%
Net margin (0.39%) 24.97% 18.66%
Free cash flow margin 33.10% 6.99% 21.11%
Return on equity (0.09%) 10.98% 10.65%
Return on assets (0.02%) 1.19% 1.13%
Return on invested capital 0.53% 18.73% 8.35%

Growth

Metric FBLA FNRN Banks Regional median
Revenue growth (TTM) 26.60% 4.54% 6.98%
EPS growth (last fiscal year) 104.02% 7.54% 18.88%
Revenue growth, 5-year CAGR — 9.30% 12.38%
Net income growth, 5-year CAGR — 11.68% 9.71%

Health

Metric FBLA FNRN Banks Regional median
Debt to equity 0.39 0.00 0.22
Current ratio 0.97 0.75 0.94
Net debt to EBITDA 0.00 0.00 0.00

Dividend

Metric FBLA FNRN Banks Regional median
Dividend yield — — 2.57%
Payout ratio — — 0.30

Size

Metric FBLA FNRN Banks Regional median
Market cap 264.74m 273.31m 913.33m

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