Live Oak Bancshares, Inc. (LOB) vs QCR Holdings, Inc. (QCRH)

Live Oak Bancshares, Inc. and QCR Holdings, Inc. are both Banks Regional companies. Live Oak Bancshares, Inc. and QCR Holdings, Inc. are of similar size ($1.7B and $1.7B). QCR Holdings, Inc. trades at the lower P/E: 11.9× against 13.0×. Live Oak Bancshares, Inc. grew revenue faster over the last twelve months: 12.0% against 6.98%. QCR Holdings, Inc. has the higher net margin (22.9% vs 12.3%) and the lower return on invested capital (6.62% vs 29.7%). Both pay a dividend; QCR Holdings, Inc. yields more (0.43% vs 0.32%). Across the 20 metrics below, QCR Holdings, Inc. leads on 12 and Live Oak Bancshares, Inc. on 8.

Valuation

Metric LOB QCRH Banks Regional median
P/E 13.01 11.87 12.15
P/S 1.61 2.68 2.37
P/B 1.42 1.45 1.21
Price to free cash flow 6.98 2.09 10.80
EV/EBITDA n/m n/m —
EV/Sales 0.77 3.17 2.27
Earnings yield 7.68% 8.42% 8.11%
Free cash flow yield 14.33% 47.75% 8.98%

Profitability

Metric LOB QCRH Banks Regional median
Gross margin 57.11% 63.77% 69.57%
Operating margin 0.00% 0.00% 0.00%
Net margin 12.25% 22.86% 18.66%
Free cash flow margin 23.01% 127.89% 21.18%
Return on equity 11.57% 12.91% 10.64%
Return on assets 0.89% 1.51% 1.13%
Return on invested capital 29.70% 6.62% 8.33%

Growth

Metric LOB QCRH Banks Regional median
Revenue growth (TTM) 12.04% 6.98% 6.61%
EPS growth (last fiscal year) 31.95% 11.62% —
Revenue growth, 5-year CAGR 22.62% 14.10% 12.30%
Net income growth, 5-year CAGR 11.55% 15.99% 9.71%

Health

Metric LOB QCRH Banks Regional median
Debt to equity 0.00 0.57 0.22
Current ratio 0.95 0.98 0.94
Net debt to EBITDA 0.00 0.00 0.00

Dividend

Metric LOB QCRH Banks Regional median
Dividend yield 0.32% 0.43% 3.75%
Payout ratio 0.09 0.04 0.27

Size

Metric LOB QCRH Banks Regional median
Market cap 1.72b 1.65b 921.07m

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