First United Corporation (FUNC) vs Oak Valley Bancorp (CA) (OVLY)

First United Corporation and Oak Valley Bancorp (CA) are both Banks Regional companies. First United Corporation and Oak Valley Bancorp (CA) are of similar size ($285.8M and $279.5M). First United Corporation trades at the lower P/E: 11.2× against 12.0×. First United Corporation grew revenue faster over the last twelve months: 7.79% against 6.24%. Oak Valley Bancorp (CA) has the higher net margin (24.1% vs 20.0%) and the higher return on invested capital (84.1% vs 13.2%). Both pay a dividend; First United Corporation yields more (3.63% vs 1.57%). Across the 20 metrics below, First United Corporation leads on 12 and Oak Valley Bancorp (CA) on 8.

Valuation

Metric FUNC OVLY Banks Regional median
P/E 11.19 12.03 12.15
P/S 2.23 2.90 2.37
P/B 1.32 1.30 1.21
Price to free cash flow 10.30 11.55 10.80
EV/EBITDA n/m n/m —
EV/Sales 1.79 1.21 2.27
Earnings yield 8.94% 8.31% 8.11%
Free cash flow yield 9.71% 8.66% 8.98%

Profitability

Metric FUNC OVLY Banks Regional median
Gross margin 74.62% 85.97% 69.57%
Operating margin 0.00% 0.00% 0.00%
Net margin 20.03% 24.05% 18.66%
Free cash flow margin 21.69% 25.10% 21.18%
Return on equity 12.42% 11.64% 10.64%
Return on assets 1.23% 1.20% 1.13%
Return on invested capital 13.18% 84.12% 8.33%

Growth

Metric FUNC OVLY Banks Regional median
Revenue growth (TTM) 7.79% 6.24% 6.61%
EPS growth (last fiscal year) 19.68% (4.64%) —
Revenue growth, 5-year CAGR 9.60% 13.29% 12.30%
Net income growth, 5-year CAGR 12.11% 11.81% 9.71%

Health

Metric FUNC OVLY Banks Regional median
Debt to equity 0.15 0.00 0.22
Current ratio 0.91 0.78 0.94
Net debt to EBITDA 0.00 0.00 0.00

Dividend

Metric FUNC OVLY Banks Regional median
Dividend yield 3.63% 1.57% 3.75%
Payout ratio 0.20 0.08 0.27

Size

Metric FUNC OVLY Banks Regional median
Market cap 279.45m 285.78m 921.07m

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