Northeast Bancorp (NBN) vs Univest Corporation of Pennsylvania (UVSP)

Northeast Bancorp and Univest Corporation of Pennsylvania are both Banks Regional companies. Northeast Bancorp and Univest Corporation of Pennsylvania are of similar size ($1.2B and $1.1B). Northeast Bancorp trades at the lower P/E: 10.1× against 12.1×. Northeast Bancorp grew revenue faster over the last twelve months: 9.71% against 2.67%. Northeast Bancorp has the higher net margin (27.9% vs 18.9%) and the lower return on invested capital (8.97% vs 8.98%). Both pay a dividend; Univest Corporation of Pennsylvania yields more (4.38% vs 0.08%). Across the 19 metrics below, Univest Corporation of Pennsylvania leads on 10 and Northeast Bancorp on 9.

Valuation

Metric NBN UVSP Banks Regional median
P/E 10.08 12.08 12.15
P/S 2.81 2.24 2.37
P/B 1.79 1.23 1.21
Price to free cash flow n/m 11.04 10.80
EV/EBITDA n/m n/m —
EV/Sales 3.91 2.06 2.27
Earnings yield 9.92% 8.28% 8.11%
Free cash flow yield (5.91%) 9.06% 8.98%

Profitability

Metric NBN UVSP Banks Regional median
Gross margin 61.42% 65.06% 69.57%
Operating margin 0.00% 0.00% 0.00%
Net margin 27.91% 18.86% 18.66%
Free cash flow margin (16.62%) 20.30% 21.18%
Return on equity 19.57% 10.52% 10.64%
Return on assets 2.26% 1.22% 1.13%
Return on invested capital 8.97% 8.98% 8.33%

Growth

Metric NBN UVSP Banks Regional median
Revenue growth (TTM) 9.71% 2.67% 6.61%
EPS growth (last fiscal year) 26.39% 21.32% —
Revenue growth, 5-year CAGR 20.73% 12.93% 12.30%
Net income growth, 5-year CAGR 8.49% 14.14% 9.71%

Health

Metric NBN UVSP Banks Regional median
Debt to equity 1.42 0.10 0.22
Current ratio 1.35 1.02 0.94
Net debt to EBITDA 0.00 0.00 0.00

Dividend

Metric NBN UVSP Banks Regional median
Dividend yield 0.08% 4.38% 3.75%
Payout ratio 0.01 0.30 0.27

Size

Metric NBN UVSP Banks Regional median
Market cap 1.11b 1.15b 921.07m

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