Primis Financial Corp. (FRST) vs Timberland Bancorp, Inc. (TSBK)

Primis Financial Corp. and Timberland Bancorp, Inc. are both Banks Regional companies. Primis Financial Corp. and Timberland Bancorp, Inc. are of similar size ($371.8M and $363.6M). Primis Financial Corp. trades at the lower P/E: 6.8× against 11.9×. Primis Financial Corp. grew revenue faster over the last twelve months: 13.2% against 6.43%. Timberland Bancorp, Inc. has the higher net margin (26.5% vs 17.0%) and the higher return on invested capital (83.9% vs 13.0%). Only Timberland Bancorp, Inc. pays a dividend (2.44%). Across the 18 metrics below, Primis Financial Corp. leads on 10 and Timberland Bancorp, Inc. on 8.

Valuation

Metric FRST TSBK Banks Regional median
P/E 6.79 11.86 12.02
P/S 1.16 3.12 2.36
P/B 0.84 1.36 1.23
Price to free cash flow n/m 12.77 10.60
EV/EBITDA — — —
EV/Sales — — —
Earnings yield 14.73% 8.43% 8.21%
Free cash flow yield (11.55%) 7.83% 9.23%

Profitability

Metric FRST TSBK Banks Regional median
Gross margin 71.45% 73.10% 69.81%
Operating margin 0.00% 0.00% 0.00%
Net margin 16.99% 26.46% 18.82%
Free cash flow margin (13.40%) 24.42% 17.97%
Return on equity 13.11% 11.89% 10.28%
Return on assets 1.29% 1.57% 1.13%
Return on invested capital 13.03% 83.89% 8.45%

Growth

Metric FRST TSBK Banks Regional median
Revenue growth (TTM) 13.18% 6.43% 6.37%
EPS growth (last fiscal year) 477.27% 21.93% 18.85%
Revenue growth, 5-year CAGR 18.77% 9.51% 12.65%
Net income growth, 5-year CAGR 21.74% 3.74% 9.81%

Health

Metric FRST TSBK Banks Regional median
Debt to equity 0.16 0.04 0.17
Current ratio 1.02 1.00 0.93
Net debt to EBITDA 0.00 0.00 0.00

Dividend

Metric FRST TSBK Banks Regional median
Dividend yield 0.00% 2.44% 2.49%
Payout ratio 0.00 0.29 0.29

Size

Metric FRST TSBK Banks Regional median
Market cap 363.55m 371.75m 934.85m

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