First Bank (FRBA) vs Ponce Financial Group, Inc. (PDLB)

First Bank and Ponce Financial Group, Inc. are both Banks Regional companies. First Bank and Ponce Financial Group, Inc. are of similar size ($528.0M and $493.4M). Ponce Financial Group, Inc. trades at the lower P/E: 11.3× against 11.6×. Ponce Financial Group, Inc. grew revenue faster over the last twelve months: 14.4% against 2.77%. Ponce Financial Group, Inc. has the higher net margin (20.7% vs 17.5%) and the lower return on invested capital (2.67% vs 9.34%). Across the 18 metrics below, Ponce Financial Group, Inc. leads on 13 and First Bank on 5.

Valuation

Metric FRBA PDLB Banks Regional median
P/E 11.59 11.33 12.02
P/S 2.04 2.35 2.36
P/B 1.10 1.43 1.23
Price to free cash flow 9.79 7.19 10.60
EV/EBITDA — — —
EV/Sales — — —
Earnings yield 8.63% 8.83% 8.21%
Free cash flow yield 10.21% 13.92% 9.23%

Profitability

Metric FRBA PDLB Banks Regional median
Gross margin 61.42% 59.71% 69.81%
Operating margin 0.00% 0.00% 0.00%
Net margin 17.45% 20.69% 18.82%
Free cash flow margin 20.80% 32.74% 17.97%
Return on equity 9.72% 13.49% 10.28%
Return on assets 1.05% 1.30% 1.13%
Return on invested capital 9.34% 2.67% 8.45%

Growth

Metric FRBA PDLB Banks Regional median
Revenue growth (TTM) 2.77% 14.35% 6.37%
EPS growth (last fiscal year) 4.19% 160.87% 18.85%
Revenue growth, 5-year CAGR 20.80% 23.97% 12.65%
Net income growth, 5-year CAGR 17.55% 48.24% 9.81%

Health

Metric FRBA PDLB Banks Regional median
Debt to equity 0.61 1.20 0.17
Current ratio 1.11 1.34 0.93
Net debt to EBITDA 0.00 0.00 0.00

Dividend

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

Size

Metric FRBA PDLB Banks Regional median
Market cap 493.35m 528.02m 934.85m

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