Primis Financial Corp. (FRST) vs USCB Financial Holdings, Inc. (USCB)

Primis Financial Corp. and USCB Financial Holdings, Inc. are both Banks Regional companies. Primis Financial Corp. and USCB Financial Holdings, Inc. are of similar size ($366.3M and $363.6M). Primis Financial Corp. trades at the lower P/E: 6.8× against 12.9×. Primis Financial Corp. grew revenue faster over the last twelve months: 13.2% against 4.72%. USCB Financial Holdings, Inc. has the higher net margin (18.1% vs 17.0%) and the lower return on invested capital (6.24% vs 13.0%). Only USCB Financial Holdings, Inc. pays a dividend (2.39%). Across the 18 metrics below, Primis Financial Corp. leads on 12 and USCB Financial Holdings, Inc. on 6.

Valuation

Metric FRST USCB Banks Regional median
P/E 6.79 12.92 12.02
P/S 1.16 2.29 2.36
P/B 0.84 1.56 1.23
Price to free cash flow n/m 7.43 10.60
EV/EBITDA — — —
EV/Sales — — —
Earnings yield 14.73% 7.74% 8.21%
Free cash flow yield (11.55%) 13.45% 9.23%

Profitability

Metric FRST USCB Banks Regional median
Gross margin 71.45% 61.02% 69.81%
Operating margin 0.00% 0.00% 0.00%
Net margin 16.99% 18.05% 18.82%
Free cash flow margin (13.40%) 30.84% 17.97%
Return on equity 13.11% 12.36% 10.28%
Return on assets 1.29% 1.00% 1.13%
Return on invested capital 13.03% 6.24% 8.45%

Growth

Metric FRST USCB Banks Regional median
Revenue growth (TTM) 13.18% 4.72% 6.37%
EPS growth (last fiscal year) 477.27% 7.26% 18.85%
Revenue growth, 5-year CAGR 18.77% 20.96% 12.65%
Net income growth, 5-year CAGR 21.74% 27.68% 9.81%

Health

Metric FRST USCB Banks Regional median
Debt to equity 0.16 1.20 0.17
Current ratio 1.02 0.97 0.93
Net debt to EBITDA 0.00 0.00 0.00

Dividend

Metric FRST USCB Banks Regional median
Dividend yield 0.00% 2.39% 2.49%
Payout ratio 0.00 0.31 0.29

Size

Metric FRST USCB Banks Regional median
Market cap 363.55m 366.34m 934.85m

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