Fifth District Bancorp, Inc. (FDSB) vs Patriot National Bancorp Inc. (PNBK)

Fifth District Bancorp, Inc. and Patriot National Bancorp Inc. are both Banks Regional companies. Patriot National Bancorp Inc. is the larger, with a market value of $105.1M against $88.4M — 1.2× the size. Patriot National Bancorp Inc. has negative trailing earnings, so its P/E is not meaningful; Fifth District Bancorp, Inc. trades at 49.7×. Patriot National Bancorp Inc. grew revenue faster over the last twelve months: 15.6% against −6.98%. Fifth District Bancorp, Inc. has the higher net margin (6.97% vs −9.76%) and the higher return on invested capital (1.10% vs 0.00%). Across the 14 metrics below, Fifth District Bancorp, Inc. leads on 12 and Patriot National Bancorp Inc. on 2.

Valuation

Metric FDSB PNBK Banks Regional median
P/E 49.71 n/m 11.98
P/S 3.47 1.45 2.34
P/B 0.64 1.10 1.19
Price to free cash flow 65.32 n/m 10.63
EV/EBITDA — — —
EV/Sales — — —
Earnings yield 2.01% (7.71%) 8.23%
Free cash flow yield 1.53% (18.97%) 9.08%

Profitability

Metric FDSB PNBK Banks Regional median
Gross margin 62.97% 58.32% 69.55%
Operating margin 0.00% 0.00% 0.00%
Net margin 6.97% (9.76%) 18.66%
Free cash flow margin 5.31% (27.60%) 21.11%
Return on equity 1.27% (8.72%) 10.65%
Return on assets 0.31% (0.58%) 1.13%
Return on invested capital 1.10% 0.00% 8.35%

Growth

Metric FDSB PNBK Banks Regional median
Revenue growth (TTM) (6.98%) 15.58% 6.98%
EPS growth (last fiscal year) 480.95% 98.31% 18.88%
Revenue growth, 5-year CAGR — 7.91% 12.38%
Net income growth, 5-year CAGR — 0.00% 9.71%

Health

Metric FDSB PNBK Banks Regional median
Debt to equity 0.05 0.19 0.22
Current ratio 1.06 0.85 0.94
Net debt to EBITDA 0.00 0.00 0.00

Dividend

Metric FDSB PNBK Banks Regional median
Dividend yield — — 2.57%
Payout ratio — — 0.30

Size

Metric FDSB PNBK Banks Regional median
Market cap 88.43m 105.05m 913.33m

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