GBank Financial Holdings Inc. (GBFH) vs Hawthorn Bancshares, Inc. (HWBK)

GBank Financial Holdings Inc. and Hawthorn Bancshares, Inc. are both Banks Regional companies. GBank Financial Holdings Inc. and Hawthorn Bancshares, Inc. are of similar size ($274.2M and $264.4M). Hawthorn Bancshares, Inc. trades at the lower P/E: 10.0× against 14.8×. GBank Financial Holdings Inc. grew revenue faster over the last twelve months: 20.0% against 5.28%. Hawthorn Bancshares, Inc. has the higher net margin (22.0% vs 15.4%) and the lower return on invested capital (8.53% vs 23.9%). Across the 15 metrics below, Hawthorn Bancshares, Inc. leads on 10 and GBank Financial Holdings Inc. on 5.

Valuation

Metric GBFH HWBK Banks Regional median
P/E 14.82 9.96 12.15
P/S 2.31 2.28 2.37
P/B 1.60 1.44 1.21
Price to free cash flow 8.91 8.81 10.80
EV/EBITDA n/m n/m —
EV/Sales 1.38 2.68 2.27
Earnings yield 6.75% 10.04% 8.11%
Free cash flow yield 11.22% 11.35% 8.98%

Profitability

Metric GBFH HWBK Banks Regional median
Gross margin 68.90% 73.76% 69.57%
Operating margin 0.00% 0.00% 0.00%
Net margin 15.44% 22.03% 18.66%
Free cash flow margin 25.93% 25.93% 21.18%
Return on equity 11.39% 14.95% 10.64%
Return on assets 1.39% 1.39% 1.13%
Return on invested capital 23.93% 8.53% 8.33%

Growth

Metric GBFH HWBK Banks Regional median
Revenue growth (TTM) 19.95% 5.28% 6.61%
EPS growth (last fiscal year) 5.11% 31.42% —
Revenue growth, 5-year CAGR — 7.51% 12.30%
Net income growth, 5-year CAGR — 10.74% 9.71%

Health

Metric GBFH HWBK Banks Regional median
Debt to equity 0.18 0.43 0.22
Current ratio 1.02 0.97 0.94
Net debt to EBITDA 0.00 0.00 0.00

Dividend

Metric GBFH HWBK Banks Regional median
Dividend yield — 2.86% 3.75%
Payout ratio — 0.30 0.27

Size

Metric GBFH HWBK Banks Regional median
Market cap 274.22m 264.36m 921.07m

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