Hawthorn Bancshares, Inc. (HWBK) vs Richmond Mutual Bancorporation, Inc. (RMBI)

Hawthorn Bancshares, Inc. and Richmond Mutual Bancorporation, Inc. are both Banks Regional companies. Hawthorn Bancshares, Inc. and Richmond Mutual Bancorporation, Inc. are of similar size ($264.4M and $255.2M). Hawthorn Bancshares, Inc. trades at the lower P/E: 10.0× against 12.3×. Hawthorn Bancshares, Inc. grew revenue faster over the last twelve months: 5.28% against 5.17%. Hawthorn Bancshares, Inc. has the higher net margin (22.0% vs 13.0%) and the lower return on invested capital (8.53% vs 9.16%). Both pay a dividend; Richmond Mutual Bancorporation, Inc. yields more (5.47% vs 2.86%). Across the 20 metrics below, Hawthorn Bancshares, Inc. leads on 13 and Richmond Mutual Bancorporation, Inc. on 7.

Valuation

Metric HWBK RMBI Banks Regional median
P/E 9.96 12.31 12.15
P/S 2.28 1.60 2.37
P/B 1.44 1.00 1.21
Price to free cash flow 8.81 10.90 10.80
EV/EBITDA n/m n/m —
EV/Sales 2.68 1.19 2.27
Earnings yield 10.04% 8.13% 8.11%
Free cash flow yield 11.35% 9.18% 8.98%

Profitability

Metric HWBK RMBI Banks Regional median
Gross margin 73.76% 56.30% 69.57%
Operating margin 0.00% 0.00% 0.00%
Net margin 22.03% 13.00% 18.66%
Free cash flow margin 25.93% 14.68% 21.18%
Return on equity 14.95% 8.57% 10.64%
Return on assets 1.39% 0.79% 1.13%
Return on invested capital 8.53% 9.16% 8.33%

Growth

Metric HWBK RMBI Banks Regional median
Revenue growth (TTM) 5.28% 5.17% 6.61%
EPS growth (last fiscal year) 31.42% 27.17% —
Revenue growth, 5-year CAGR 7.51% 12.87% 12.30%
Net income growth, 5-year CAGR 10.74% 2.94% 9.71%

Health

Metric HWBK RMBI Banks Regional median
Debt to equity 0.43 0.00 0.22
Current ratio 0.97 0.90 0.94
Net debt to EBITDA 0.00 0.00 0.00

Dividend

Metric HWBK RMBI Banks Regional median
Dividend yield 2.86% 5.47% 3.75%
Payout ratio 0.30 0.43 0.27

Size

Metric HWBK RMBI Banks Regional median
Market cap 264.36m 255.24m 921.07m

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