Hingham Institution for Savings (HIFS) vs Third Coast Bancshares, Inc. (TCBX)

Hingham Institution for Savings and Third Coast Bancshares, Inc. are both Banks Regional companies. Hingham Institution for Savings and Third Coast Bancshares, Inc. are of similar size ($659.4M and $653.2M). Third Coast Bancshares, Inc. trades at the lower P/E: 8.5× against 10.0×. Third Coast Bancshares, Inc. grew revenue faster over the last twelve months: 18.0% against 13.0%. Hingham Institution for Savings has the higher net margin (27.0% vs 16.6%) and the lower return on invested capital (2.88% vs 18.6%). Across the 18 metrics below, Third Coast Bancshares, Inc. leads on 10 and Hingham Institution for Savings on 8.

Valuation

Metric HIFS TCBX Banks Regional median
P/E 10.02 8.48 12.02
P/S 2.71 1.54 2.36
P/B 1.31 0.97 1.23
Price to free cash flow 18.81 215.38 10.60
EV/EBITDA — — —
EV/Sales — — —
Earnings yield 9.98% 11.80% 8.21%
Free cash flow yield 5.32% 0.46% 9.23%

Profitability

Metric HIFS TCBX Banks Regional median
Gross margin 49.39% 58.42% 69.81%
Operating margin 0.00% 0.00% 0.00%
Net margin 26.99% 16.61% 18.82%
Free cash flow margin 14.43% 0.72% 17.97%
Return on equity 13.91% 11.86% 10.28%
Return on assets 1.46% 1.19% 1.13%
Return on invested capital 2.88% 18.57% 8.45%

Growth

Metric HIFS TCBX Banks Regional median
Revenue growth (TTM) 13.03% 18.01% 6.37%
EPS growth (last fiscal year) 92.68% 36.33% 18.85%
Revenue growth, 5-year CAGR 15.43% 34.06% 12.65%
Net income growth, 5-year CAGR 1.45% 38.41% 9.81%

Health

Metric HIFS TCBX Banks Regional median
Debt to equity 2.77 0.00 0.17
Current ratio 1.50 0.96 0.93
Net debt to EBITDA 0.00 0.00 0.00

Dividend

Metric HIFS TCBX Banks Regional median
Dividend yield 0.62% — 2.49%
Payout ratio 0.06 — 0.29

Size

Metric HIFS TCBX Banks Regional median
Market cap 659.44m 653.21m 934.85m

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