Northeast Community Bancorp Inc. (NECB) vs PCB Bancorp (PCB)

Northeast Community Bancorp Inc. and PCB Bancorp are both Banks Regional companies. Northeast Community Bancorp Inc. and PCB Bancorp are of similar size ($386.8M and $366.6M). Northeast Community Bancorp Inc. trades at the lower P/E: 8.4× against 9.6×. PCB Bancorp grew revenue faster over the last twelve months: 6.34% against −5.05%. Northeast Community Bancorp Inc. has the higher net margin (27.7% vs 19.4%) and the lower return on invested capital (7.83% vs 16.3%). Both pay a dividend; PCB Bancorp yields more (4.79% vs 1.52%). Across the 20 metrics below, Northeast Community Bancorp Inc. leads on 12 and PCB Bancorp on 8.

Valuation

Metric NECB PCB Banks Regional median
P/E 8.37 9.56 12.15
P/S 2.31 1.84 2.37
P/B 0.98 1.18 1.21
Price to free cash flow 7.27 9.57 10.80
EV/EBITDA n/m n/m —
EV/Sales 3.07 1.01 2.27
Earnings yield 11.95% 10.47% 8.11%
Free cash flow yield 13.76% 10.45% 8.98%

Profitability

Metric NECB PCB Banks Regional median
Gross margin 67.58% 56.62% 69.57%
Operating margin 0.00% 0.00% 0.00%
Net margin 27.67% 19.35% 18.66%
Free cash flow margin 31.75% 19.21% 21.18%
Return on equity 12.13% 12.89% 10.64%
Return on assets 2.07% 1.22% 1.13%
Return on invested capital 7.83% 16.25% 8.33%

Growth

Metric NECB PCB Banks Regional median
Revenue growth (TTM) (5.05%) 6.34% 6.61%
EPS growth (last fiscal year) (9.22%) 48.28% —
Revenue growth, 5-year CAGR 25.17% 18.00% 12.30%
Net income growth, 5-year CAGR 29.22% 17.91% 9.71%

Health

Metric NECB PCB Banks Regional median
Debt to equity 0.53 0.22 0.22
Current ratio 1.29 1.07 0.94
Net debt to EBITDA 0.00 0.00 0.00

Dividend

Metric NECB PCB Banks Regional median
Dividend yield 1.52% 4.79% 3.75%
Payout ratio 0.09 0.28 0.27

Size

Metric NECB PCB Banks Regional median
Market cap 366.59m 386.79m 921.07m

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