Kearny Financial (KRNY) vs Southern First Bancshares, Inc. (SFST)

Kearny Financial and Southern First Bancshares, Inc. are both Banks Regional companies. Kearny Financial and Southern First Bancshares, Inc. are of similar size ($603.8M and $569.8M). Southern First Bancshares, Inc. trades at the lower P/E: 12.8× against 16.4×. Southern First Bancshares, Inc. grew revenue faster over the last twelve months: 8.92% against 1.05%. Southern First Bancshares, Inc. has the higher net margin (16.8% vs 10.5%) and the higher return on invested capital (30.7% vs 1.64%). Across the 19 metrics below, Southern First Bancshares, Inc. leads on 16 and Kearny Financial on 3.

Valuation

Metric KRNY SFST Banks Regional median
P/E 16.42 12.79 12.15
P/S 1.70 2.36 2.37
P/B 0.77 1.23 1.21
Price to free cash flow 15.01 13.99 10.80
EV/EBITDA n/m n/m —
EV/Sales 4.68 0.88 2.27
Earnings yield 6.09% 7.82% 8.11%
Free cash flow yield 6.66% 7.15% 8.98%

Profitability

Metric KRNY SFST Banks Regional median
Gross margin 51.31% 56.20% 69.57%
Operating margin 0.00% 0.00% 0.00%
Net margin 10.45% 16.78% 18.66%
Free cash flow margin 11.29% 16.86% 21.18%
Return on equity 4.79% 9.93% 10.64%
Return on assets 0.47% 0.88% 1.13%
Return on invested capital 1.64% 30.67% 8.33%

Growth

Metric KRNY SFST Banks Regional median
Revenue growth (TTM) 1.05% 8.92% 6.61%
EPS growth (last fiscal year) 35.71% 96.34% —
Revenue growth, 5-year CAGR 6.02% 12.95% 12.30%
Net income growth, 5-year CAGR (10.52%) 10.63% 9.71%

Health

Metric KRNY SFST Banks Regional median
Debt to equity 1.50 0.03 0.22
Current ratio 1.05 1.04 0.94
Net debt to EBITDA 0.00 0.00 0.00

Dividend

Metric KRNY SFST Banks Regional median
Dividend yield 6.83% — 3.75%
Payout ratio 0.70 0.00 0.27

Size

Metric KRNY SFST Banks Regional median
Market cap 603.84m 569.82m 921.07m

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