Greene County Bancorp, Inc. (GCBC) vs Unity Bancorp, Inc. (UNTY)

Greene County Bancorp, Inc. and Unity Bancorp, Inc. are both Banks Regional companies. Greene County Bancorp, Inc. and Unity Bancorp, Inc. are of similar size ($590.8M and $555.0M). Unity Bancorp, Inc. trades at the lower P/E: 9.6× against 14.3×. Unity Bancorp, Inc. grew revenue faster over the last twelve months: 10.2% against 9.67%. Unity Bancorp, Inc. has the higher net margin (30.3% vs 28.1%) and the lower return on invested capital (10.6% vs 21.0%). Both pay a dividend; Unity Bancorp, Inc. yields more (1.82% vs 1.15%). Across the 20 metrics below, Unity Bancorp, Inc. leads on 13 and Greene County Bancorp, Inc. on 7.

Valuation

Metric GCBC UNTY Banks Regional median
P/E 14.30 9.59 12.15
P/S 4.02 2.91 2.37
P/B 2.11 1.51 1.21
Price to free cash flow 14.12 20.84 10.80
EV/EBITDA n/m n/m —
EV/Sales 3.07 3.30 2.27
Earnings yield 6.99% 10.43% 8.11%
Free cash flow yield 7.08% 4.80% 8.98%

Profitability

Metric GCBC UNTY Banks Regional median
Gross margin 63.50% 69.92% 69.57%
Operating margin 0.00% 0.00% 0.00%
Net margin 28.14% 30.26% 18.66%
Free cash flow margin 28.50% 13.95% 21.18%
Return on equity 15.88% 16.95% 10.64%
Return on assets 1.32% 1.91% 1.13%
Return on invested capital 21.04% 10.56% 8.33%

Growth

Metric GCBC UNTY Banks Regional median
Revenue growth (TTM) 9.67% 10.15% 6.61%
EPS growth (last fiscal year) 31.69% 39.66% —
Revenue growth, 5-year CAGR 16.48% 15.45% 12.30%
Net income growth, 5-year CAGR 11.37% 19.64% 9.71%

Health

Metric GCBC UNTY Banks Regional median
Debt to equity 0.02 0.88 0.22
Current ratio 0.65 1.17 0.94
Net debt to EBITDA 0.00 0.00 0.00

Dividend

Metric GCBC UNTY Banks Regional median
Dividend yield 1.15% 1.82% 3.75%
Payout ratio 0.15 0.12 0.27

Size

Metric GCBC UNTY Banks Regional median
Market cap 590.78m 555.03m 921.07m

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