First Northern Community Bancorp (FNRN) vs NewtekOne, Inc. (NEWT)

First Northern Community Bancorp and NewtekOne, Inc. are both Banks Regional companies. First Northern Community Bancorp and NewtekOne, Inc. are of similar size ($308.3M and $291.4M). NewtekOne, Inc. trades at the lower P/E: 4.8× against 13.1×. NewtekOne, Inc. grew revenue faster over the last twelve months: 11.7% against 4.54%. First Northern Community Bancorp has the higher net margin (25.0% vs 15.2%) and the higher return on invested capital (18.7% vs 5.17%). Across the 19 metrics below, NewtekOne, Inc. leads on 11 and First Northern Community Bancorp on 8.

Valuation

Metric FNRN NEWT Banks Regional median
P/E 13.06 4.78 12.02
P/S 3.19 0.75 2.36
P/B 1.33 0.84 1.23
Price to free cash flow 45.72 n/m 10.60
EV/EBITDA — — —
EV/Sales — — —
Earnings yield 7.66% 20.93% 8.21%
Free cash flow yield 2.19% (242.49%) 9.23%

Profitability

Metric FNRN NEWT Banks Regional median
Gross margin 83.21% 100.00% 69.81%
Operating margin 0.00% 62.85% 0.00%
Net margin 24.97% 15.20% 18.82%
Free cash flow margin 6.99% (181.88%) 17.97%
Return on equity 10.98% 18.79% 10.28%
Return on assets 1.19% 2.33% 1.13%
Return on invested capital 18.73% 5.17% 8.45%

Growth

Metric FNRN NEWT Banks Regional median
Revenue growth (TTM) 4.54% 11.71% 6.37%
EPS growth (last fiscal year) 1.64% 11.22% 18.85%
Revenue growth, 5-year CAGR 9.30% 32.97% 12.65%
Net income growth, 5-year CAGR 11.68% 11.59% 9.81%

Health

Metric FNRN NEWT Banks Regional median
Debt to equity 0.00 6.54 0.17
Current ratio 0.75 0.65 0.93
Net debt to EBITDA 0.00 11.44 0.00

Dividend

Metric FNRN NEWT Banks Regional median
Dividend yield — 7.10% 2.49%
Payout ratio — 0.34 0.29

Size

Metric FNRN NEWT Banks Regional median
Market cap 291.41m 308.28m 934.85m

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