HBT Financial, Inc. (HBT) vs Preferred Bank (PFBC)

HBT Financial, Inc. and Preferred Bank are both Banks Regional companies. HBT Financial, Inc. and Preferred Bank are of similar size ($1.3B and $1.3B). Preferred Bank trades at the lower P/E: 9.8× against 15.5×. HBT Financial, Inc. grew revenue faster over the last twelve months: 13.3% against 1.04%. Preferred Bank has the higher net margin (26.5% vs 23.4%) and the higher return on invested capital (34.3% vs 8.43%). Both pay a dividend; Preferred Bank yields more (4.10% vs 3.99%). Across the 20 metrics below, Preferred Bank leads on 16 and HBT Financial, Inc. on 4.

Valuation

Metric HBT PFBC Banks Regional median
P/E 15.49 9.82 12.15
P/S 3.98 2.54 2.37
P/B 1.72 1.63 1.21
Price to free cash flow 17.38 9.22 10.80
EV/EBITDA n/m n/m —
EV/Sales 4.03 1.68 2.27
Earnings yield 6.46% 10.18% 8.11%
Free cash flow yield 5.76% 10.84% 8.98%

Profitability

Metric HBT PFBC Banks Regional median
Gross margin 80.95% 58.03% 69.57%
Operating margin 0.00% 0.00% 0.00%
Net margin 23.44% 26.54% 18.66%
Free cash flow margin 22.88% 27.55% 21.18%
Return on equity 11.56% 17.23% 10.64%
Return on assets 1.32% 1.80% 1.13%
Return on invested capital 8.43% 34.31% 8.33%

Growth

Metric HBT PFBC Banks Regional median
Revenue growth (TTM) 13.30% 1.04% 6.61%
EPS growth (last fiscal year) 7.96% 7.99% —
Revenue growth, 5-year CAGR 13.15% 18.09% 12.30%
Net income growth, 5-year CAGR 15.94% 14.04% 9.71%

Health

Metric HBT PFBC Banks Regional median
Debt to equity 0.20 0.44 0.22
Current ratio 0.84 1.08 0.94
Net debt to EBITDA 0.00 0.00 0.00

Dividend

Metric HBT PFBC Banks Regional median
Dividend yield 3.99% 4.10% 3.75%
Payout ratio 0.35 0.20 0.27

Size

Metric HBT PFBC Banks Regional median
Market cap 1.30b 1.29b 921.07m

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