Patriot National Bancorp Inc. (PNBK) vs Sound Financial Bancorp, Inc. (SFBC)

Patriot National Bancorp Inc. and Sound Financial Bancorp, Inc. are both Banks Regional companies. Patriot National Bancorp Inc. and Sound Financial Bancorp, Inc. are of similar size ($111.8M and $105.1M). Patriot National Bancorp Inc. has negative trailing earnings, so its P/E is not meaningful; Sound Financial Bancorp, Inc. trades at 13.9×. Patriot National Bancorp Inc. grew revenue faster over the last twelve months: 15.6% against −0.76%. Sound Financial Bancorp, Inc. has the higher net margin (12.8% vs −9.76%) and the higher return on invested capital (1,916.1% vs 0.00%). Across the 16 metrics below, Sound Financial Bancorp, Inc. leads on 11 and Patriot National Bancorp Inc. on 5.

Valuation

Metric PNBK SFBC Banks Regional median
P/E n/m 13.95 11.98
P/S 1.45 1.79 2.34
P/B 1.10 0.99 1.19
Price to free cash flow n/m 15.21 10.63
EV/EBITDA — — —
EV/Sales — — —
Earnings yield (7.71%) 7.17% 8.23%
Free cash flow yield (18.97%) 6.57% 9.08%

Profitability

Metric PNBK SFBC Banks Regional median
Gross margin 58.32% 64.69% 69.55%
Operating margin 0.00% 0.00% 0.00%
Net margin (9.76%) 12.84% 18.66%
Free cash flow margin (27.60%) 11.77% 21.11%
Return on equity (8.72%) 7.33% 10.65%
Return on assets (0.58%) 0.75% 1.13%
Return on invested capital 0.00% 1,916.08% 8.35%

Growth

Metric PNBK SFBC Banks Regional median
Revenue growth (TTM) 15.58% (0.76%) 6.98%
EPS growth (last fiscal year) 98.31% 53.89% 18.88%
Revenue growth, 5-year CAGR 7.91% 7.74% 12.38%
Net income growth, 5-year CAGR 0.00% (4.41%) 9.71%

Health

Metric PNBK SFBC Banks Regional median
Debt to equity 0.19 0.07 0.22
Current ratio 0.85 1.08 0.94
Net debt to EBITDA 0.00 0.00 0.00

Dividend

Metric PNBK SFBC Banks Regional median
Dividend yield — 1.88% 2.57%
Payout ratio — 0.26 0.30

Size

Metric PNBK SFBC Banks Regional median
Market cap 105.05m 111.79m 913.33m

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