Metropolitan Bank Holding Corp. (MCB) vs Univest Corporation of Pennsylvania (UVSP)

Metropolitan Bank Holding Corp. and Univest Corporation of Pennsylvania are both Banks Regional companies. Metropolitan Bank Holding Corp. and Univest Corporation of Pennsylvania are of similar size ($1.2B and $1.1B). Metropolitan Bank Holding Corp. trades at the lower P/E: 11.2× against 12.1×. Metropolitan Bank Holding Corp. grew revenue faster over the last twelve months: 10.5% against 2.67%. Univest Corporation of Pennsylvania has the higher net margin (18.9% vs 15.6%) and the lower return on invested capital (8.98% vs 10.4%). Across the 19 metrics below, Univest Corporation of Pennsylvania leads on 10 and Metropolitan Bank Holding Corp. on 9.

Valuation

Metric MCB UVSP Banks Regional median
P/E 11.20 12.08 12.15
P/S 2.00 2.24 2.37
P/B 1.15 1.23 1.21
Price to free cash flow 11.13 11.04 10.80
EV/EBITDA n/m n/m —
EV/Sales 1.59 2.06 2.27
Earnings yield 8.93% 8.28% 8.11%
Free cash flow yield 8.98% 9.06% 8.98%

Profitability

Metric MCB UVSP Banks Regional median
Gross margin 62.89% 65.06% 69.57%
Operating margin 0.00% 0.00% 0.00%
Net margin 15.58% 18.86% 18.66%
Free cash flow margin 17.92% 20.30% 21.18%
Return on equity 10.24% 10.52% 10.64%
Return on assets 1.04% 1.22% 1.13%
Return on invested capital 10.37% 8.98% 8.33%

Growth

Metric MCB UVSP Banks Regional median
Revenue growth (TTM) 10.54% 2.67% 6.61%
EPS growth (last fiscal year) 11.64% 21.32% —
Revenue growth, 5-year CAGR 26.91% 12.93% 12.30%
Net income growth, 5-year CAGR 12.69% 14.14% 9.71%

Health

Metric MCB UVSP Banks Regional median
Debt to equity 0.02 0.10 0.22
Current ratio 0.97 1.02 0.94
Net debt to EBITDA 0.00 0.00 0.00

Dividend

Metric MCB UVSP Banks Regional median
Dividend yield — 4.38% 3.75%
Payout ratio 0.00 0.30 0.27

Size

Metric MCB UVSP Banks Regional median
Market cap 1.10b 1.15b 921.07m

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