First United Corporation (FUNC) vs First Western Financial, Inc. (MYFW)

First United Corporation and First Western Financial, Inc. are both Banks Regional companies. First United Corporation and First Western Financial, Inc. are of similar size ($300.4M and $295.0M). First United Corporation trades at the lower P/E: 11.7× against 14.1×. First United Corporation grew revenue faster over the last twelve months: 6.51% against 6.35%. First United Corporation has the higher net margin (20.0% vs 10.9%) and the higher return on invested capital (12.3% vs 5.53%). Across the 18 metrics below, First United Corporation leads on 13 and First Western Financial, Inc. on 5.

Valuation

Metric FUNC MYFW Banks Regional median
P/E 11.69 14.11 12.02
P/S 2.33 1.55 2.36
P/B 1.38 1.04 1.23
Price to free cash flow 9.69 13.03 10.60
EV/EBITDA — — —
EV/Sales — — —
Earnings yield 8.55% 7.09% 8.21%
Free cash flow yield 10.32% 7.67% 9.23%

Profitability

Metric FUNC MYFW Banks Regional median
Gross margin 75.70% 57.23% 69.81%
Operating margin 0.00% 0.00% 0.00%
Net margin 19.98% 10.94% 18.82%
Free cash flow margin 24.08% 11.87% 17.97%
Return on equity 12.24% 7.73% 10.28%
Return on assets 1.23% 0.64% 1.13%
Return on invested capital 12.26% 5.53% 8.45%

Growth

Metric FUNC MYFW Banks Regional median
Revenue growth (TTM) 6.51% 6.35% 6.37%
EPS growth (last fiscal year) 19.68% 55.17% 18.85%
Revenue growth, 5-year CAGR 9.60% 12.26% 12.65%
Net income growth, 5-year CAGR 12.11% (11.68%) 9.81%

Health

Metric FUNC MYFW Banks Regional median
Debt to equity 0.14 0.64 0.17
Current ratio 0.92 1.02 0.93
Net debt to EBITDA 0.00 0.00 0.00

Dividend

Metric FUNC MYFW Banks Regional median
Dividend yield 2.32% — 2.49%
Payout ratio 0.27 — 0.29

Size

Metric FUNC MYFW Banks Regional median
Market cap 295.03m 300.39m 934.85m

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