First United Corporation (FUNC) vs QNB Corp. (QNBC)

First United Corporation and QNB Corp. are both Banks Regional companies. First United Corporation and QNB Corp. are of similar size ($295.0M and $291.4M). QNB Corp. has negative trailing earnings, so its P/E is not meaningful; First United Corporation trades at 11.7×. First United Corporation grew revenue faster over the last twelve months: 6.51% against −8.86%. First United Corporation has the higher net margin (20.0% vs −5.63%) and the higher return on invested capital (12.3% vs 0.00%). Both pay a dividend; QNB Corp. yields more (3.30% vs 2.32%). Across the 18 metrics below, First United Corporation leads on 12 and QNB Corp. on 6.

Valuation

Metric FUNC QNBC Banks Regional median
P/E 11.69 n/m 12.02
P/S 2.33 2.91 2.36
P/B 1.38 1.15 1.23
Price to free cash flow 9.69 10.82 10.60
EV/EBITDA — n/m —
EV/Sales — 1.81 —
Earnings yield 8.55% (0.53%) 8.21%
Free cash flow yield 10.32% 9.24% 9.23%

Profitability

Metric FUNC QNBC Banks Regional median
Gross margin 75.70% 51.09% 69.81%
Operating margin 0.00% 0.00% 0.00%
Net margin 19.98% (5.63%) 18.82%
Free cash flow margin 24.08% 26.92% 17.97%
Return on equity 12.24% (2.88%) 10.28%
Return on assets 1.23% (0.24%) 1.13%
Return on invested capital 12.26% 0.00% 8.45%

Growth

Metric FUNC QNBC Banks Regional median
Revenue growth (TTM) 6.51% (8.86%) 6.37%
EPS growth (last fiscal year) 19.68% 21.15% 18.85%
Revenue growth, 5-year CAGR 9.60% 14.19% 12.65%
Net income growth, 5-year CAGR 12.11% 3.12% 9.81%

Health

Metric FUNC QNBC Banks Regional median
Debt to equity 0.14 0.00 0.17
Current ratio 0.92 0.84 0.93
Net debt to EBITDA 0.00 0.00 0.00

Dividend

Metric FUNC QNBC Banks Regional median
Dividend yield 2.32% 3.30% 2.49%
Payout ratio 0.27 0.46 0.29

Size

Metric FUNC QNBC Banks Regional median
Market cap 295.03m 291.40m 934.85m

Compare with another peer

Any metric, up to five companies and an Excel export Powerpack