Peapack-Gladstone Financial Corporation (PGC) vs Shore Bancshares Inc (SHBI)

Peapack-Gladstone Financial Corporation and Shore Bancshares Inc are both Banks Regional companies. Peapack-Gladstone Financial Corporation and Shore Bancshares Inc are of similar size ($794.6M and $764.9M). Shore Bancshares Inc trades at the lower P/E: 11.6× against 15.4×. Peapack-Gladstone Financial Corporation grew revenue faster over the last twelve months: 10.3% against 2.79%. Shore Bancshares Inc has the higher net margin (19.2% vs 11.0%) and the higher return on invested capital (12.2% vs 9.80%). Both pay a dividend; Shore Bancshares Inc yields more (4.34% vs 0.85%). Across the 20 metrics below, Shore Bancshares Inc leads on 12 and Peapack-Gladstone Financial Corporation on 8.

Valuation

Metric PGC SHBI Banks Regional median
P/E 15.36 11.62 12.15
P/S 1.70 2.23 2.37
P/B 1.16 1.25 1.21
Price to free cash flow 7.81 8.91 10.80
EV/EBITDA n/m n/m —
EV/Sales 1.16 1.74 2.27
Earnings yield 6.51% 8.60% 8.11%
Free cash flow yield 12.80% 11.22% 8.98%

Profitability

Metric PGC SHBI Banks Regional median
Gross margin 67.79% 68.57% 69.57%
Operating margin 0.00% 0.00% 0.00%
Net margin 11.04% 19.15% 18.66%
Free cash flow margin 21.80% 24.99% 21.18%
Return on equity 7.86% 11.21% 10.64%
Return on assets 0.68% 1.09% 1.13%
Return on invested capital 9.80% 12.23% 8.33%

Growth

Metric PGC SHBI Banks Regional median
Revenue growth (TTM) 10.31% 2.79% 6.61%
EPS growth (last fiscal year) 13.51% 34.85% —
Revenue growth, 5-year CAGR 14.34% 37.23% 12.30%
Net income growth, 5-year CAGR 7.34% 30.49% 9.71%

Health

Metric PGC SHBI Banks Regional median
Debt to equity 0.00 0.14 0.22
Current ratio 0.97 0.95 0.94
Net debt to EBITDA 0.00 0.00 0.00

Dividend

Metric PGC SHBI Banks Regional median
Dividend yield 0.85% 4.34% 3.75%
Payout ratio 0.05 0.33 0.27

Size

Metric PGC SHBI Banks Regional median
Market cap 794.57m 764.89m 921.07m

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