Meridian Bank (MRBK) vs Ohio Valley Banc Corp. (OVBC)

Meridian Bank and Ohio Valley Banc Corp. are both Banks Regional companies. Meridian Bank and Ohio Valley Banc Corp. are of similar size ($219.6M and $217.2M). Meridian Bank trades at the lower P/E: 9.9× against 15.3×. Ohio Valley Banc Corp. grew revenue faster over the last twelve months: 6.17% against 0.72%. Ohio Valley Banc Corp. has the higher net margin (14.3% vs 10.6%) and the lower return on invested capital (7.55% vs 8.03%). Both pay a dividend; Meridian Bank yields more (2.94% vs 2.09%). Across the 19 metrics below, Ohio Valley Banc Corp. leads on 10 and Meridian Bank on 9.

Valuation

Metric MRBK OVBC Banks Regional median
P/E 9.90 15.28 11.98
P/S 1.07 2.18 2.34
P/B 1.07 1.25 1.19
Price to free cash flow 11.76 4.08 10.63
EV/EBITDA — — —
EV/Sales — — —
Earnings yield 10.10% 6.54% 8.23%
Free cash flow yield 8.50% 24.52% 9.08%

Profitability

Metric MRBK OVBC Banks Regional median
Gross margin 63.55% 69.79% 69.55%
Operating margin 0.00% 0.00% 0.00%
Net margin 10.57% 14.31% 18.66%
Free cash flow margin 9.11% 53.49% 21.11%
Return on equity 11.31% 8.50% 10.65%
Return on assets 0.85% 0.90% 1.13%
Return on invested capital 8.03% 7.55% 8.35%

Growth

Metric MRBK OVBC Banks Regional median
Revenue growth (TTM) 0.72% 6.17% 6.98%
EPS growth (last fiscal year) 30.34% 42.67% 18.88%
Revenue growth, 5-year CAGR 6.56% 10.34% 12.38%
Net income growth, 5-year CAGR (3.75%) 8.75% 9.71%

Health

Metric MRBK OVBC Banks Regional median
Debt to equity 0.24 0.29 0.22
Current ratio 0.98 0.93 0.94
Net debt to EBITDA 0.00 0.00 0.00

Dividend

Metric MRBK OVBC Banks Regional median
Dividend yield 2.94% 2.09% 2.57%
Payout ratio 0.30 0.32 0.30

Size

Metric MRBK OVBC Banks Regional median
Market cap 219.61m 217.23m 913.33m

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