Home Bancorp, Inc. (HBCP) vs Northpointe Bancshares, Inc. (NPB)

Home Bancorp, Inc. and Northpointe Bancshares, Inc. are both Banks Regional companies. Home Bancorp, Inc. and Northpointe Bancshares, Inc. are of similar size ($533.0M and $530.8M). Northpointe Bancshares, Inc. trades at the lower P/E: 6.5× against 11.2×. Northpointe Bancshares, Inc. grew revenue faster over the last twelve months: 19.7% against 2.06%. Home Bancorp, Inc. has the higher net margin (22.2% vs 16.1%) and the higher return on invested capital (11.5% vs 4.38%). Across the 17 metrics below, Northpointe Bancshares, Inc. leads on 9 and Home Bancorp, Inc. on 8.

Valuation

Metric HBCP NPB Banks Regional median
P/E 11.20 6.54 12.15
P/S 2.50 1.05 2.37
P/B 1.16 0.87 1.21
Price to free cash flow 10.20 5.20 10.80
EV/EBITDA n/m n/m —
EV/Sales 1.86 3.21 2.27
Earnings yield 8.93% 15.29% 8.11%
Free cash flow yield 9.80% 19.24% 8.98%

Profitability

Metric HBCP NPB Banks Regional median
Gross margin 73.15% 50.82% 69.57%
Operating margin 0.00% 0.00% 0.00%
Net margin 22.23% 16.10% 18.66%
Free cash flow margin 24.48% 20.29% 21.18%
Return on equity 10.84% 13.41% 10.64%
Return on assets 1.32% 1.17% 1.13%
Return on invested capital 11.49% 4.38% 8.33%

Growth

Metric HBCP NPB Banks Regional median
Revenue growth (TTM) 2.06% 19.68% 6.61%
EPS growth (last fiscal year) 28.73% 15.30% —
Revenue growth, 5-year CAGR 12.05% — 12.30%
Net income growth, 5-year CAGR 13.21% — 9.71%

Health

Metric HBCP NPB Banks Regional median
Debt to equity 0.12 2.66 0.22
Current ratio 0.97 1.40 0.94
Net debt to EBITDA 0.00 0.00 0.00

Dividend

Metric HBCP NPB Banks Regional median
Dividend yield 2.75% — 3.75%
Payout ratio 0.19 — 0.27

Size

Metric HBCP NPB Banks Regional median
Market cap 533.01m 530.83m 921.07m

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