Primis Financial Corp. (FRST) vs Northeast Community Bancorp Inc. (NECB)

Primis Financial Corp. and Northeast Community Bancorp Inc. are both Banks Regional companies. Primis Financial Corp. and Northeast Community Bancorp Inc. are of similar size ($386.6M and $366.6M). Primis Financial Corp. trades at the lower P/E: 7.3× against 8.4×. Primis Financial Corp. grew revenue faster over the last twelve months: 13.2% against −5.05%. Northeast Community Bancorp Inc. has the higher net margin (27.7% vs 17.0%) and the lower return on invested capital (7.83% vs 13.0%). Both pay a dividend; Primis Financial Corp. yields more (3.25% vs 1.52%). Across the 19 metrics below, Primis Financial Corp. leads on 12 and Northeast Community Bancorp Inc. on 7.

Valuation

Metric FRST NECB Banks Regional median
P/E 7.26 8.37 12.15
P/S 1.24 2.31 2.37
P/B 0.89 0.98 1.21
Price to free cash flow n/m 7.27 10.80
EV/EBITDA n/m n/m —
EV/Sales 0.90 3.07 2.27
Earnings yield 13.77% 11.95% 8.11%
Free cash flow yield (10.80%) 13.76% 8.98%

Profitability

Metric FRST NECB Banks Regional median
Gross margin 71.45% 67.58% 69.57%
Operating margin 0.00% 0.00% 0.00%
Net margin 16.99% 27.67% 18.66%
Free cash flow margin (13.40%) 31.75% 21.18%
Return on equity 13.11% 12.13% 10.64%
Return on assets 1.29% 2.07% 1.13%
Return on invested capital 13.03% 7.83% 8.33%

Growth

Metric FRST NECB Banks Regional median
Revenue growth (TTM) 13.18% (5.05%) 6.61%
EPS growth (last fiscal year) 903.23% (9.22%) —
Revenue growth, 5-year CAGR 18.77% 25.17% 12.30%
Net income growth, 5-year CAGR 21.74% 29.22% 9.71%

Health

Metric FRST NECB Banks Regional median
Debt to equity 0.16 0.53 0.22
Current ratio 1.02 1.29 0.94
Net debt to EBITDA 0.00 0.00 0.00

Dividend

Metric FRST NECB Banks Regional median
Dividend yield 3.25% 1.52% 3.75%
Payout ratio 0.71 0.09 0.27

Size

Metric FRST NECB Banks Regional median
Market cap 386.62m 366.59m 921.07m

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