Farmers National Banc Corp. (FMNB) vs NB Bancorp, Inc. (NBBK)

Farmers National Banc Corp. and NB Bancorp, Inc. are both Banks Regional companies. Farmers National Banc Corp. and NB Bancorp, Inc. are of similar size ($919.5M and $899.0M). Farmers National Banc Corp. trades at the lower P/E: 11.1× against 13.1×. NB Bancorp, Inc. grew revenue faster over the last twelve months: 27.9% against 25.8%. Farmers National Banc Corp. has the higher net margin (19.6% vs 0.00%) and the higher return on invested capital (8.40% vs 0.00%). Both pay a dividend; Farmers National Banc Corp. yields more (4.47% vs 1.27%). Across the 16 metrics below, Farmers National Banc Corp. leads on 9 and NB Bancorp, Inc. on 7.

Valuation

Metric FMNB NBBK Banks Regional median
P/E 11.10 13.14 11.87
P/S 2.61 2.10 2.35
P/B 1.27 1.02 1.23
Price to free cash flow 14.78 11.55 10.45
EV/EBITDA — — —
EV/Sales — — —
Earnings yield 9.01% 7.61% 8.34%
Free cash flow yield 6.77% 8.66% 9.37%

Profitability

Metric FMNB NBBK Banks Regional median
Gross margin 69.20% 62.48% 69.92%
Operating margin 0.00% 0.00% 0.00%
Net margin 19.60% 0.00% 18.99%
Free cash flow margin 0.00% 0.00% 18.19%
Return on equity 11.58% 8.40% 10.45%
Return on assets 1.11% 1.02% 1.15%
Return on invested capital 8.40% 0.00% 8.54%

Growth

Metric FMNB NBBK Banks Regional median
Revenue growth (TTM) 25.76% 27.92% 6.56%
EPS growth (last fiscal year) 18.85% 25.23% 18.85%
Revenue growth, 5-year CAGR 13.52% — 12.65%
Net income growth, 5-year CAGR 5.44% — 9.81%

Health

Metric FMNB NBBK Banks Regional median
Debt to equity 0.00 0.18 0.14
Current ratio 0.00 1.06 0.92
Net debt to EBITDA 0.00 0.00 0.00

Dividend

Metric FMNB NBBK Banks Regional median
Dividend yield 4.47% 1.27% 2.51%
Payout ratio 0.50 0.17 0.30

Size

Metric FMNB NBBK Banks Regional median
Market cap 919.54m 899.04m 915.17m

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