First Northern Community Bancorp (FNRN) vs Franklin Financial Services Corp. (FRAF)

First Northern Community Bancorp and Franklin Financial Services Corp. are both Banks Regional companies. First Northern Community Bancorp and Franklin Financial Services Corp. are of similar size ($280.1M and $280.0M). Franklin Financial Services Corp. trades at the lower P/E: 11.4× against 12.5×. Franklin Financial Services Corp. grew revenue faster over the last twelve months: 9.78% against 4.54%. First Northern Community Bancorp has the higher net margin (25.0% vs 18.2%) and the higher return on invested capital (18.7% vs 10.7%). Across the 19 metrics below, Franklin Financial Services Corp. leads on 11 and First Northern Community Bancorp on 8.

Valuation

Metric FNRN FRAF Banks Regional median
P/E 12.49 11.41 12.15
P/S 3.05 2.08 2.37
P/B 1.27 1.53 1.21
Price to free cash flow 43.73 6.73 10.80
EV/EBITDA n/m n/m —
EV/Sales 1.74 2.04 2.27
Earnings yield 8.00% 8.76% 8.11%
Free cash flow yield 2.29% 14.87% 8.98%

Profitability

Metric FNRN FRAF Banks Regional median
Gross margin 83.21% 69.92% 69.57%
Operating margin 0.00% 0.00% 0.00%
Net margin 24.97% 18.20% 18.66%
Free cash flow margin 6.99% 30.90% 21.18%
Return on equity 10.98% 14.45% 10.64%
Return on assets 1.19% 1.07% 1.13%
Return on invested capital 18.73% 10.71% 8.33%

Growth

Metric FNRN FRAF Banks Regional median
Revenue growth (TTM) 4.54% 9.78% 6.61%
EPS growth (last fiscal year) 7.54% 88.84% —
Revenue growth, 5-year CAGR 9.30% 16.96% 12.30%
Net income growth, 5-year CAGR 11.68% 10.64% 9.71%

Health

Metric FNRN FRAF Banks Regional median
Debt to equity 0.00 1.09 0.22
Current ratio 0.75 0.93 0.94
Net debt to EBITDA 0.00 0.00 0.00

Dividend

Metric FNRN FRAF Banks Regional median
Dividend yield — 4.49% 3.75%
Payout ratio — 0.39 0.27

Size

Metric FNRN FRAF Banks Regional median
Market cap 280.03m 280.14m 921.07m

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