Fidelity D&D Bancorp Inc. (FDBC) vs Waterstone Financial, Inc. (WSBF)

Fidelity D&D Bancorp Inc. and Waterstone Financial, Inc. are both Banks Regional companies. Fidelity D&D Bancorp Inc. and Waterstone Financial, Inc. are of similar size ($357.2M and $336.0M). Fidelity D&D Bancorp Inc. trades at the lower P/E: 11.0× against 11.5×. Fidelity D&D Bancorp Inc. grew revenue faster over the last twelve months: 8.42% against 4.47%. Fidelity D&D Bancorp Inc. has the higher net margin (21.1% vs 14.6%) and the higher return on invested capital (44.1% vs 7.61%). Both pay a dividend; Waterstone Financial, Inc. yields more (3.32% vs 2.96%). Across the 19 metrics below, Waterstone Financial, Inc. leads on 11 and Fidelity D&D Bancorp Inc. on 8.

Valuation

Metric FDBC WSBF Banks Regional median
P/E 11.01 11.50 11.98
P/S 2.36 1.65 2.34
P/B 1.35 0.97 1.19
Price to free cash flow 12.19 7.03 10.63
EV/EBITDA — — —
EV/Sales — — —
Earnings yield 9.08% 8.70% 8.23%
Free cash flow yield 8.21% 14.22% 9.08%

Profitability

Metric FDBC WSBF Banks Regional median
Gross margin 68.19% 72.71% 69.55%
Operating margin 0.00% 0.00% 0.00%
Net margin 21.12% 14.58% 18.66%
Free cash flow margin 19.34% 20.71% 21.11%
Return on equity 13.00% 8.69% 10.65%
Return on assets 1.08% 1.33% 1.13%
Return on invested capital 44.07% 7.61% 8.35%

Growth

Metric FDBC WSBF Banks Regional median
Revenue growth (TTM) 8.42% 4.47% 6.98%
EPS growth (last fiscal year) 35.00% 46.53% 18.88%
Revenue growth, 5-year CAGR 16.95% (9.00%) 12.38%
Net income growth, 5-year CAGR 16.69% (20.11%) 9.71%

Health

Metric FDBC WSBF Banks Regional median
Debt to equity 0.02 0.00 0.22
Current ratio 0.85 1.01 0.94
Net debt to EBITDA 0.00 0.00 0.00

Dividend

Metric FDBC WSBF Banks Regional median
Dividend yield 2.96% 3.32% 2.57%
Payout ratio 0.33 0.38 0.30

Size

Metric FDBC WSBF Banks Regional median
Market cap 335.96m 357.21m 913.33m

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