Peoples Financial Services Corp. (PFIS) vs Third Coast Bancshares, Inc. (TCBX)

Peoples Financial Services Corp. and Third Coast Bancshares, Inc. are both Banks Regional companies. Peoples Financial Services Corp. and Third Coast Bancshares, Inc. are of similar size ($713.0M and $693.7M). Third Coast Bancshares, Inc. trades at the lower P/E: 9.2× against 12.3×. Third Coast Bancshares, Inc. grew revenue faster over the last twelve months: 16.9% against 0.46%. Peoples Financial Services Corp. has the higher net margin (19.8% vs 17.1%) and the lower return on invested capital (8.38% vs 21.9%). Across the 19 metrics below, Third Coast Bancshares, Inc. leads on 12 and Peoples Financial Services Corp. on 7.

Valuation

Metric PFIS TCBX Banks Regional median
P/E 12.30 9.18 12.15
P/S 2.43 1.76 2.37
P/B 1.30 1.07 1.21
Price to free cash flow 14.09 45.46 10.80
EV/EBITDA n/m n/m —
EV/Sales 2.40 1.09 2.27
Earnings yield 8.13% 10.89% 8.11%
Free cash flow yield 7.10% 2.20% 8.98%

Profitability

Metric PFIS TCBX Banks Regional median
Gross margin 68.05% 58.05% 69.57%
Operating margin 0.00% 0.00% 0.00%
Net margin 19.78% 17.07% 18.66%
Free cash flow margin 17.28% 3.87% 21.18%
Return on equity 11.02% 11.92% 10.64%
Return on assets 1.08% 1.19% 1.13%
Return on invested capital 8.38% 21.87% 8.33%

Growth

Metric PFIS TCBX Banks Regional median
Revenue growth (TTM) 0.46% 16.85% 6.61%
EPS growth (last fiscal year) 493.94% 36.33% —
Revenue growth, 5-year CAGR 20.50% 34.06% 12.30%
Net income growth, 5-year CAGR 15.06% 38.41% 9.71%

Health

Metric PFIS TCBX Banks Regional median
Debt to equity 0.46 0.00 0.22
Current ratio 0.99 0.97 0.94
Net debt to EBITDA 0.00 0.00 0.00

Dividend

Metric PFIS TCBX Banks Regional median
Dividend yield 5.64% — 3.75%
Payout ratio 0.32 0.00 0.27

Size

Metric PFIS TCBX Banks Regional median
Market cap 693.72m 713.00m 921.07m

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