First National Corp. (FXNC) vs Richmond Mutual Bancorporation, Inc. (RMBI)

First National Corp. and Richmond Mutual Bancorporation, Inc. are both Banks Regional companies. First National Corp. and Richmond Mutual Bancorporation, Inc. are of similar size ($266.0M and $256.9M). First National Corp. trades at the lower P/E: 12.3× against 12.4×. First National Corp. grew revenue faster over the last twelve months: 7.66% against 5.17%. First National Corp. has the higher net margin (18.4% vs 13.0%) and the higher return on invested capital (37.4% vs 9.16%). Both pay a dividend; Richmond Mutual Bancorporation, Inc. yields more (3.91% vs 2.30%). Across the 19 metrics below, First National Corp. leads on 14 and Richmond Mutual Bancorporation, Inc. on 5.

Valuation

Metric FXNC RMBI Banks Regional median
P/E 12.27 12.37 11.98
P/S 2.27 1.61 2.34
P/B 1.38 1.00 1.19
Price to free cash flow 9.57 10.96 10.63
EV/EBITDA — — —
EV/Sales — — —
Earnings yield 8.15% 8.08% 8.23%
Free cash flow yield 10.45% 9.13% 9.08%

Profitability

Metric FXNC RMBI Banks Regional median
Gross margin 79.28% 56.30% 69.55%
Operating margin 0.00% 0.00% 0.00%
Net margin 18.43% 13.00% 18.66%
Free cash flow margin 23.75% 14.68% 21.11%
Return on equity 11.81% 8.57% 10.65%
Return on assets 1.05% 0.79% 1.13%
Return on invested capital 37.41% 9.16% 8.35%

Growth

Metric FXNC RMBI Banks Regional median
Revenue growth (TTM) 7.66% 5.17% 6.98%
EPS growth (last fiscal year) 96.00% 27.17% 18.88%
Revenue growth, 5-year CAGR 23.17% 12.87% 12.38%
Net income growth, 5-year CAGR 14.85% 2.94% 9.71%

Health

Metric FXNC RMBI Banks Regional median
Debt to equity 0.09 0.00 0.22
Current ratio 0.88 0.90 0.94
Net debt to EBITDA 0.00 0.00 0.00

Dividend

Metric FXNC RMBI Banks Regional median
Dividend yield 2.30% 3.91% 2.57%
Payout ratio 0.28 0.50 0.30

Size

Metric FXNC RMBI Banks Regional median
Market cap 266.04m 256.92m 913.33m

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