Kearny Financial (KRNY) vs Unity Bancorp, Inc. (UNTY)

Kearny Financial and Unity Bancorp, Inc. are both Banks Regional companies. Kearny Financial and Unity Bancorp, Inc. are of similar size ($585.0M and $563.0M). Unity Bancorp, Inc. trades at the lower P/E: 9.6× against 15.7×. Unity Bancorp, Inc. grew revenue faster over the last twelve months: 10.2% against 1.05%. Unity Bancorp, Inc. has the higher net margin (30.3% vs 10.5%) and the higher return on invested capital (10.6% vs 1.64%). Both pay a dividend; Kearny Financial yields more (4.91% vs 1.13%). Across the 19 metrics below, Unity Bancorp, Inc. leads on 14 and Kearny Financial on 5.

Valuation

Metric KRNY UNTY Banks Regional median
P/E 15.74 9.64 11.98
P/S 1.62 2.92 2.34
P/B 0.74 1.52 1.19
Price to free cash flow 14.38 20.96 10.63
EV/EBITDA — — —
EV/Sales — — —
Earnings yield 6.35% 10.37% 8.23%
Free cash flow yield 6.95% 4.77% 9.08%

Profitability

Metric KRNY UNTY Banks Regional median
Gross margin 51.31% 69.92% 69.55%
Operating margin 0.00% 0.00% 0.00%
Net margin 10.45% 30.26% 18.66%
Free cash flow margin 11.29% 13.95% 21.11%
Return on equity 4.79% 16.95% 10.65%
Return on assets 0.47% 1.91% 1.13%
Return on invested capital 1.64% 10.56% 8.35%

Growth

Metric KRNY UNTY Banks Regional median
Revenue growth (TTM) 1.05% 10.15% 6.98%
EPS growth (last fiscal year) 35.71% 39.66% 18.88%
Revenue growth, 5-year CAGR 6.02% 15.45% 12.38%
Net income growth, 5-year CAGR (10.52%) 19.64% 9.71%

Health

Metric KRNY UNTY Banks Regional median
Debt to equity 1.50 0.88 0.22
Current ratio 1.05 1.17 0.94
Net debt to EBITDA 0.00 0.00 0.00

Dividend

Metric KRNY UNTY Banks Regional median
Dividend yield 4.91% 1.13% 2.57%
Payout ratio 0.77 0.11 0.30

Size

Metric KRNY UNTY Banks Regional median
Market cap 585.02m 562.99m 913.33m

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