LCNB Corporation (LCNB) vs Virginia National Bankshares Corporation (VABK)

LCNB Corporation and Virginia National Bankshares Corporation are both Banks Regional companies. LCNB Corporation and Virginia National Bankshares Corporation are of similar size ($279.1M and $267.9M). LCNB Corporation trades at the lower P/E: 10.9× against 11.1×. Virginia National Bankshares Corporation grew revenue faster over the last twelve months: 5.24% against −2.20%. Virginia National Bankshares Corporation has the higher net margin (28.2% vs 19.7%) and the higher return on invested capital (14.1% vs 5.26%). Both pay a dividend; LCNB Corporation yields more (4.66% vs 2.83%). Across the 19 metrics below, LCNB Corporation leads on 11 and Virginia National Bankshares Corporation on 8.

Valuation

Metric LCNB VABK Banks Regional median
P/E 10.91 11.10 11.98
P/S 2.15 3.13 2.34
P/B 0.95 1.42 1.19
Price to free cash flow 7.36 11.98 10.63
EV/EBITDA — — —
EV/Sales — — —
Earnings yield 9.16% 9.01% 8.23%
Free cash flow yield 13.59% 8.35% 9.08%

Profitability

Metric LCNB VABK Banks Regional median
Gross margin 77.34% 72.27% 69.55%
Operating margin 0.00% 0.00% 0.00%
Net margin 19.67% 28.18% 18.66%
Free cash flow margin 29.16% 26.16% 21.11%
Return on equity 9.01% 13.57% 10.65%
Return on assets 1.08% 1.52% 1.13%
Return on invested capital 5.26% 14.14% 8.35%

Growth

Metric LCNB VABK Banks Regional median
Revenue growth (TTM) (2.20%) 5.24% 6.98%
EPS growth (last fiscal year) 68.04% 12.70% 18.88%
Revenue growth, 5-year CAGR 9.38% 19.78% 12.38%
Net income growth, 5-year CAGR 2.91% 19.28% 9.71%

Health

Metric LCNB VABK Banks Regional median
Debt to equity 0.37 0.10 0.22
Current ratio 0.94 0.93 0.94
Net debt to EBITDA 0.00 0.00 0.00

Dividend

Metric LCNB VABK Banks Regional median
Dividend yield 4.66% 2.83% 2.57%
Payout ratio 0.51 0.32 0.30

Size

Metric LCNB VABK Banks Regional median
Market cap 267.85m 279.11m 913.33m

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