Orange County Bancorp, Inc. (OBT) vs West Bancorporation, Inc. (WTBA)

Orange County Bancorp, Inc. and West Bancorporation, Inc. are both Banks Regional companies. Orange County Bancorp, Inc. and West Bancorporation, Inc. are of similar size ($501.2M and $494.8M). Orange County Bancorp, Inc. trades at the lower P/E: 10.7× against 12.9×. Orange County Bancorp, Inc. grew revenue faster over the last twelve months: 3.32% against 0.14%. Orange County Bancorp, Inc. has the higher net margin (30.8% vs 19.1%) and the higher return on invested capital (523.6% vs 13.8%). Both pay a dividend; West Bancorporation, Inc. yields more (5.66% vs 1.79%). Across the 20 metrics below, Orange County Bancorp, Inc. leads on 16 and West Bancorporation, Inc. on 4.

Valuation

Metric OBT WTBA Banks Regional median
P/E 10.65 12.92 12.15
P/S 3.29 2.48 2.37
P/B 1.65 1.77 1.21
Price to free cash flow 7.83 10.24 10.80
EV/EBITDA n/m n/m —
EV/Sales 1.34 2.18 2.27
Earnings yield 9.39% 7.74% 8.11%
Free cash flow yield 12.78% 9.77% 8.98%

Profitability

Metric OBT WTBA Banks Regional median
Gross margin 82.32% 51.49% 69.57%
Operating margin 0.00% 0.00% 0.00%
Net margin 30.80% 19.12% 18.66%
Free cash flow margin 42.03% 24.21% 21.18%
Return on equity 16.95% 14.71% 10.64%
Return on assets 1.75% 0.95% 1.13%
Return on invested capital 523.60% 13.80% 8.33%

Growth

Metric OBT WTBA Banks Regional median
Revenue growth (TTM) 3.32% 0.14% 6.61%
EPS growth (last fiscal year) 34.82% 35.21% —
Revenue growth, 5-year CAGR 19.50% 12.56% 12.30%
Net income growth, 5-year CAGR 28.93% (0.09%) 9.71%

Health

Metric OBT WTBA Banks Regional median
Debt to equity 0.11 1.33 0.22
Current ratio 0.93 1.00 0.94
Net debt to EBITDA 0.00 0.00 0.00

Dividend

Metric OBT WTBA Banks Regional median
Dividend yield 1.79% 5.66% 3.75%
Payout ratio 0.17 0.49 0.27

Size

Metric OBT WTBA Banks Regional median
Market cap 501.19m 494.78m 921.07m

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