First Bank (FRBA) vs Private Bancorp of America, Inc. (PBAM)

First Bank and Private Bancorp of America, Inc. are both Banks Regional companies. First Bank and Private Bancorp of America, Inc. are of similar size ($493.4M and $482.0M). Private Bancorp of America, Inc. trades at the lower P/E: 10.8× against 11.6×. Private Bancorp of America, Inc. grew revenue faster over the last twelve months: 3.55% against 2.77%. Private Bancorp of America, Inc. has the higher net margin (25.3% vs 17.5%) and the lower return on invested capital (0.00% vs 9.34%). Across the 18 metrics below, Private Bancorp of America, Inc. leads on 14 and First Bank on 4.

Valuation

Metric FRBA PBAM Banks Regional median
P/E 11.59 10.81 12.02
P/S 2.04 2.73 2.36
P/B 1.10 1.68 1.23
Price to free cash flow 9.79 3.94 10.60
EV/EBITDA — n/m —
EV/Sales — 0.97 —
Earnings yield 8.63% 9.25% 8.21%
Free cash flow yield 10.21% 25.41% 9.23%

Profitability

Metric FRBA PBAM Banks Regional median
Gross margin 61.42% 75.85% 69.81%
Operating margin 0.00% 0.00% 0.00%
Net margin 17.45% 25.34% 18.82%
Free cash flow margin 20.80% 69.32% 17.97%
Return on equity 9.72% 16.70% 10.28%
Return on assets 1.05% 1.72% 1.13%
Return on invested capital 9.34% 0.00% 8.45%

Growth

Metric FRBA PBAM Banks Regional median
Revenue growth (TTM) 2.77% 3.55% 6.37%
EPS growth (last fiscal year) 4.19% 12.52% 18.85%
Revenue growth, 5-year CAGR 20.80% 22.57% 12.65%
Net income growth, 5-year CAGR 17.55% 30.37% 9.81%

Health

Metric FRBA PBAM Banks Regional median
Debt to equity 0.61 0.03 0.17
Current ratio 1.11 1.00 0.93
Net debt to EBITDA 0.00 0.00 0.00

Dividend

Metric FRBA PBAM Banks Regional median
Dividend yield 2.26% — 2.49%
Payout ratio 0.27 — 0.29

Size

Metric FRBA PBAM Banks Regional median
Market cap 493.35m 482.02m 934.85m

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