First Guaranty Bancshares, Inc. (FGBI) vs SR Bancorp, Inc. (SRBK)

First Guaranty Bancshares, Inc. and SR Bancorp, Inc. are both Banks Regional companies. First Guaranty Bancshares, Inc. and SR Bancorp, Inc. are of similar size ($141.4M and $130.8M). First Guaranty Bancshares, Inc. has negative trailing earnings, so its P/E is not meaningful; SR Bancorp, Inc. trades at 32.5×. SR Bancorp, Inc. grew revenue faster over the last twelve months: 18.3% against −8.17%. SR Bancorp, Inc. has the higher net margin (8.89% vs −17.9%) and the higher return on invested capital (2.08% vs 0.00%). Across the 18 metrics below, SR Bancorp, Inc. leads on 12 and First Guaranty Bancshares, Inc. on 6.

Valuation

Metric FGBI SRBK Banks Regional median
P/E n/m 32.53 12.15
P/S 0.61 2.73 2.37
P/B 0.67 0.77 1.21
Price to free cash flow 3.27 18.45 10.80
EV/EBITDA n/m n/m —
EV/Sales (2.15) 2.40 2.27
Earnings yield (30.21%) 3.07% 8.11%
Free cash flow yield 30.56% 5.42% 8.98%

Profitability

Metric FGBI SRBK Banks Regional median
Gross margin 43.27% 65.81% 69.57%
Operating margin 0.00% 0.00% 0.00%
Net margin (17.91%) 8.89% 18.66%
Free cash flow margin 18.49% 14.77% 21.18%
Return on equity (18.24%) 2.44% 10.64%
Return on assets (0.98%) 0.42% 1.13%
Return on invested capital 0.00% 2.08% 8.33%

Growth

Metric FGBI SRBK Banks Regional median
Revenue growth (TTM) (8.17%) 18.26% 6.61%
EPS growth (last fiscal year) (614.81%) 138.25% —
Revenue growth, 5-year CAGR 12.24% 27.62% 12.30%
Net income growth, 5-year CAGR 0.00% 22.38% 9.71%

Health

Metric FGBI SRBK Banks Regional median
Debt to equity 0.82 0.27 0.22
Current ratio 0.73 1.04 0.94
Net debt to EBITDA 0.00 0.00 0.00

Dividend

Metric FGBI SRBK Banks Regional median
Dividend yield 5.75% — 3.75%
Payout ratio 0.41 — 0.27

Size

Metric FGBI SRBK Banks Regional median
Market cap 130.82m 141.36m 921.07m

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