First National Corp. (FXNC) vs Virginia National Bankshares Corporation (VABK)

First National Corp. and Virginia National Bankshares Corporation are both Banks Regional companies. First National Corp. and Virginia National Bankshares Corporation are of similar size ($288.7M and $274.9M). Virginia National Bankshares Corporation trades at the lower P/E: 11.6× against 12.7×. First National Corp. grew revenue faster over the last twelve months: 7.66% against 5.24%. Virginia National Bankshares Corporation has the higher net margin (28.2% vs 18.4%) and the lower return on invested capital (14.1% vs 37.4%). Both pay a dividend; Virginia National Bankshares Corporation yields more (2.71% vs 2.22%). Across the 19 metrics below, First National Corp. leads on 10 and Virginia National Bankshares Corporation on 9.

Valuation

Metric FXNC VABK Banks Regional median
P/E 12.68 11.60 12.02
P/S 2.35 3.27 2.36
P/B 1.43 1.48 1.23
Price to free cash flow 9.90 12.51 10.60
EV/EBITDA — — —
EV/Sales — — —
Earnings yield 7.88% 8.62% 8.21%
Free cash flow yield 10.11% 7.99% 9.23%

Profitability

Metric FXNC VABK Banks Regional median
Gross margin 79.28% 72.27% 69.81%
Operating margin 0.00% 0.00% 0.00%
Net margin 18.43% 28.18% 18.82%
Free cash flow margin 23.75% 26.16% 17.97%
Return on equity 11.81% 13.57% 10.28%
Return on assets 1.05% 1.52% 1.13%
Return on invested capital 37.41% 14.14% 8.45%

Growth

Metric FXNC VABK Banks Regional median
Revenue growth (TTM) 7.66% 5.24% 6.37%
EPS growth (last fiscal year) 96.00% 12.70% 18.85%
Revenue growth, 5-year CAGR 23.17% 19.78% 12.65%
Net income growth, 5-year CAGR 14.85% 19.28% 9.81%

Health

Metric FXNC VABK Banks Regional median
Debt to equity 0.09 0.10 0.17
Current ratio 0.88 0.93 0.93
Net debt to EBITDA 0.00 0.00 0.00

Dividend

Metric FXNC VABK Banks Regional median
Dividend yield 2.22% 2.71% 2.49%
Payout ratio 0.28 0.32 0.29

Size

Metric FXNC VABK Banks Regional median
Market cap 274.88m 288.65m 934.85m

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