Fvcbankcorp, Inc. (FVCB) vs NewtekOne, Inc. (NEWT)

Fvcbankcorp, Inc. and NewtekOne, Inc. are both Banks Regional companies. Fvcbankcorp, Inc. and NewtekOne, Inc. are of similar size ($326.4M and $320.8M). NewtekOne, Inc. trades at the lower P/E: 5.0× against 12.5×. NewtekOne, Inc. grew revenue faster over the last twelve months: 11.7% against 5.74%. Fvcbankcorp, Inc. has the higher net margin (20.5% vs 15.2%) and the higher return on invested capital (52.0% vs 5.17%). Across the 20 metrics below, NewtekOne, Inc. leads on 11 and Fvcbankcorp, Inc. on 9.

Valuation

Metric FVCB NEWT Banks Regional median
P/E 12.49 5.03 12.15
P/S 2.56 0.79 2.37
P/B 1.22 0.88 1.21
Price to free cash flow 10.23 n/m 10.80
EV/EBITDA n/m 12.33 —
EV/Sales 0.77 7.37 2.27
Earnings yield 8.01% 19.89% 8.11%
Free cash flow yield 9.78% (230.43%) 8.98%

Profitability

Metric FVCB NEWT Banks Regional median
Gross margin 58.99% 100.00% 69.57%
Operating margin 0.00% 62.85% 0.00%
Net margin 20.45% 15.20% 18.66%
Free cash flow margin 25.07% (181.88%) 21.18%
Return on equity 10.14% 18.79% 10.64%
Return on assets 1.12% 2.33% 1.13%
Return on invested capital 52.00% 5.17% 8.33%

Growth

Metric FVCB NEWT Banks Regional median
Revenue growth (TTM) 5.74% 11.71% 6.61%
EPS growth (last fiscal year) 47.56% 11.22% —
Revenue growth, 5-year CAGR 11.76% 32.97% 12.30%
Net income growth, 5-year CAGR 7.31% 11.59% 9.71%

Health

Metric FVCB NEWT Banks Regional median
Debt to equity 0.09 6.54 0.22
Current ratio 1.03 0.65 0.94
Net debt to EBITDA 0.00 11.44 0.00

Dividend

Metric FVCB NEWT Banks Regional median
Dividend yield — 6.44% 3.75%
Payout ratio 0.00 1.55 0.27

Size

Metric FVCB NEWT Banks Regional median
Market cap 320.83m 326.40m 921.07m

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