First Community Bancshares, Inc. (FCBC) vs Mid Penn Bancorp (MPB)

First Community Bancshares, Inc. and Mid Penn Bancorp are both Banks Regional companies. First Community Bancshares, Inc. and Mid Penn Bancorp are of similar size ($917.1M and $896.9M). Mid Penn Bancorp trades at the lower P/E: 12.7× against 15.0×. Mid Penn Bancorp grew revenue faster over the last twelve months: 20.7% against 10.9%. First Community Bancshares, Inc. has the higher net margin (28.8% vs 17.6%) and the lower return on invested capital (0.00% vs 7.59%). Both pay a dividend; Mid Penn Bancorp yields more (4.04% vs 3.52%). Across the 20 metrics below, Mid Penn Bancorp leads on 11 and First Community Bancshares, Inc. on 9.

Valuation

Metric FCBC MPB Banks Regional median
P/E 14.97 12.72 12.15
P/S 4.38 2.37 2.37
P/B 1.67 1.02 1.21
Price to free cash flow 20.39 12.12 10.80
EV/EBITDA n/m n/m —
EV/Sales 1.50 2.16 2.27
Earnings yield 6.68% 7.86% 8.11%
Free cash flow yield 4.91% 8.25% 8.98%

Profitability

Metric FCBC MPB Banks Regional median
Gross margin 91.46% 68.14% 69.57%
Operating margin 0.00% 0.00% 0.00%
Net margin 28.84% 17.55% 18.66%
Free cash flow margin 21.46% 19.58% 21.18%
Return on equity 11.38% 8.12% 10.64%
Return on assets 1.75% 1.02% 1.13%
Return on invested capital 0.00% 7.59% 8.33%

Growth

Metric FCBC MPB Banks Regional median
Revenue growth (TTM) 10.93% 20.72% 6.61%
EPS growth (last fiscal year) (5.36%) (12.07%) —
Revenue growth, 5-year CAGR 5.21% 22.74% 12.30%
Net income growth, 5-year CAGR 6.31% 16.50% 9.71%

Health

Metric FCBC MPB Banks Regional median
Debt to equity 0.00 0.00 0.22
Current ratio 1.00 0.94 0.94
Net debt to EBITDA 0.00 0.00 0.00

Dividend

Metric FCBC MPB Banks Regional median
Dividend yield 3.52% 4.04% 3.75%
Payout ratio 0.41 0.27 0.27

Size

Metric FCBC MPB Banks Regional median
Market cap 896.92m 917.13m 921.07m

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