First Bank (FRBA) vs Home Bancorp, Inc. (HBCP)

First Bank and Home Bancorp, Inc. are both Banks Regional companies. First Bank and Home Bancorp, Inc. are of similar size ($493.4M and $478.0M). Home Bancorp, Inc. trades at the lower P/E: 10.6× against 11.6×. First Bank grew revenue faster over the last twelve months: 2.77% against 1.60%. Home Bancorp, Inc. has the higher net margin (21.1% vs 17.5%) and the higher return on invested capital (12.8% vs 9.34%). Both pay a dividend; First Bank yields more (2.26% vs 2.07%). Across the 19 metrics below, Home Bancorp, Inc. leads on 13 and First Bank on 6.

Valuation

Metric FRBA HBCP Banks Regional median
P/E 11.59 10.58 12.02
P/S 2.04 2.24 2.36
P/B 1.10 1.05 1.23
Price to free cash flow 9.79 8.72 10.60
EV/EBITDA — — —
EV/Sales — — —
Earnings yield 8.63% 9.45% 8.21%
Free cash flow yield 10.21% 11.46% 9.23%

Profitability

Metric FRBA HBCP Banks Regional median
Gross margin 61.42% 73.89% 69.81%
Operating margin 0.00% 0.00% 0.00%
Net margin 17.45% 21.05% 18.82%
Free cash flow margin 20.80% 30.30% 17.97%
Return on equity 9.72% 10.15% 10.28%
Return on assets 1.05% 1.25% 1.13%
Return on invested capital 9.34% 12.79% 8.45%

Growth

Metric FRBA HBCP Banks Regional median
Revenue growth (TTM) 2.77% 1.60% 6.37%
EPS growth (last fiscal year) 4.19% 28.73% 18.85%
Revenue growth, 5-year CAGR 20.80% 12.05% 12.65%
Net income growth, 5-year CAGR 17.55% 13.21% 9.81%

Health

Metric FRBA HBCP Banks Regional median
Debt to equity 0.61 0.00 0.17
Current ratio 1.11 0.97 0.93
Net debt to EBITDA 0.00 0.00 0.00

Dividend

Metric FRBA HBCP Banks Regional median
Dividend yield 2.26% 2.07% 2.49%
Payout ratio 0.27 0.22 0.29

Size

Metric FRBA HBCP Banks Regional median
Market cap 493.35m 478.01m 934.85m

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