Live Oak Bancshares, Inc. (LOB) vs National Bank Holdings Corporation (NBHC)

Live Oak Bancshares, Inc. and National Bank Holdings Corporation are both Banks Regional companies. Live Oak Bancshares, Inc. and National Bank Holdings Corporation are of similar size ($1.8B and $1.7B). Live Oak Bancshares, Inc. trades at the lower P/E: 13.0× against 16.9×. Live Oak Bancshares, Inc. grew revenue faster over the last twelve months: 12.0% against 9.28%. National Bank Holdings Corporation has the higher net margin (15.1% vs 12.3%) and the lower return on invested capital (4.67% vs 29.7%). Both pay a dividend; National Bank Holdings Corporation yields more (3.21% vs 0.32%). Across the 20 metrics below, Live Oak Bancshares, Inc. leads on 15 and National Bank Holdings Corporation on 5.

Valuation

Metric LOB NBHC Banks Regional median
P/E 13.01 16.88 12.15
P/S 1.61 2.75 2.37
P/B 1.42 1.07 1.21
Price to free cash flow 6.98 12.36 10.80
EV/EBITDA n/m n/m —
EV/Sales 0.77 2.67 2.27
Earnings yield 7.68% 5.92% 8.11%
Free cash flow yield 14.33% 8.09% 8.98%

Profitability

Metric LOB NBHC Banks Regional median
Gross margin 57.11% 71.31% 69.57%
Operating margin 0.00% 0.00% 0.00%
Net margin 12.25% 15.11% 18.66%
Free cash flow margin 23.01% 22.25% 21.18%
Return on equity 11.57% 6.53% 10.64%
Return on assets 0.89% 0.87% 1.13%
Return on invested capital 29.70% 4.67% 8.33%

Growth

Metric LOB NBHC Banks Regional median
Revenue growth (TTM) 12.04% 9.28% 6.61%
EPS growth (last fiscal year) 31.95% (7.47%) —
Revenue growth, 5-year CAGR 22.62% 10.39% 12.30%
Net income growth, 5-year CAGR 11.55% 4.34% 9.71%

Health

Metric LOB NBHC Banks Regional median
Debt to equity 0.00 0.20 0.22
Current ratio 0.95 0.97 0.94
Net debt to EBITDA 0.00 0.00 0.00

Dividend

Metric LOB NBHC Banks Regional median
Dividend yield 0.32% 3.21% 3.75%
Payout ratio 0.09 0.35 0.27

Size

Metric LOB NBHC Banks Regional median
Market cap 1.72b 1.78b 921.07m

Compare with another peer

Any metric, up to five companies and an Excel export Powerpack