First Western Financial, Inc. (MYFW) vs National Bankshares, Inc. (NKSH)

First Western Financial, Inc. and National Bankshares, Inc. are both Banks Regional companies. First Western Financial, Inc. and National Bankshares, Inc. are of similar size ($287.7M and $276.0M). National Bankshares, Inc. trades at the lower P/E: 13.6× against 15.5×. First Western Financial, Inc. grew revenue faster over the last twelve months: 8.99% against 5.28%. National Bankshares, Inc. has the higher net margin (23.2% vs 9.50%) and the higher return on invested capital (11.2% vs 7.99%). Across the 18 metrics below, National Bankshares, Inc. leads on 11 and First Western Financial, Inc. on 7.

Valuation

Metric MYFW NKSH Banks Regional median
P/E 15.49 13.62 11.98
P/S 1.48 3.16 2.34
P/B 1.02 1.44 1.19
Price to free cash flow 11.12 15.00 10.63
EV/EBITDA — — —
EV/Sales — — —
Earnings yield 6.45% 7.34% 8.23%
Free cash flow yield 8.99% 6.67% 9.08%

Profitability

Metric MYFW NKSH Banks Regional median
Gross margin 56.00% 69.15% 69.55%
Operating margin 0.00% 0.00% 0.00%
Net margin 9.50% 23.22% 18.66%
Free cash flow margin 13.32% 21.07% 21.11%
Return on equity 6.84% 11.25% 10.65%
Return on assets 0.59% 1.12% 1.13%
Return on invested capital 7.99% 11.23% 8.35%

Growth

Metric MYFW NKSH Banks Regional median
Revenue growth (TTM) 8.99% 5.28% 6.98%
EPS growth (last fiscal year) 55.17% 100.81% 18.88%
Revenue growth, 5-year CAGR 12.26% 10.43% 12.38%
Net income growth, 5-year CAGR (11.68%) (0.31%) 9.71%

Health

Metric MYFW NKSH Banks Regional median
Debt to equity 0.29 0.00 0.22
Current ratio 1.02 0.65 0.94
Net debt to EBITDA 0.00 0.00 0.00

Dividend

Metric MYFW NKSH Banks Regional median
Dividend yield — 3.52% 2.57%
Payout ratio — 0.48 0.30

Size

Metric MYFW NKSH Banks Regional median
Market cap 287.68m 275.97m 913.33m

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