Provident Financial Holdings, Inc. (PROV) vs Union Bankshares, Inc. (UNB)

Provident Financial Holdings, Inc. and Union Bankshares, Inc. are both Banks Regional companies. Provident Financial Holdings, Inc. and Union Bankshares, Inc. are of similar size ($116.2M and $114.5M). Union Bankshares, Inc. trades at the lower P/E: 9.0× against 17.7×. Union Bankshares, Inc. grew revenue faster over the last twelve months: 9.68% against −0.90%. Union Bankshares, Inc. has the higher net margin (13.4% vs 11.2%) and the higher return on invested capital (12.4% vs 2.57%). Both pay a dividend; Union Bankshares, Inc. yields more (4.93% vs 3.92%). Across the 20 metrics below, Union Bankshares, Inc. leads on 16 and Provident Financial Holdings, Inc. on 4.

Valuation

Metric PROV UNB Banks Regional median
P/E 17.71 9.04 12.15
P/S 1.98 1.25 2.37
P/B 0.94 1.25 1.21
Price to free cash flow 13.84 5.30 10.80
EV/EBITDA n/m n/m —
EV/Sales 3.79 1.00 2.27
Earnings yield 5.65% 11.06% 8.11%
Free cash flow yield 7.22% 18.85% 8.98%

Profitability

Metric PROV UNB Banks Regional median
Gross margin 67.19% 63.32% 69.57%
Operating margin 0.00% 0.00% 0.00%
Net margin 11.16% 13.40% 18.66%
Free cash flow margin 14.32% 23.57% 21.18%
Return on equity 5.22% 14.98% 10.64%
Return on assets 0.54% 0.80% 1.13%
Return on invested capital 2.57% 12.37% 8.33%

Growth

Metric PROV UNB Banks Regional median
Revenue growth (TTM) (0.90%) 9.68% 6.61%
EPS growth (last fiscal year) 10.75% 25.26% —
Revenue growth, 5-year CAGR 8.43% 10.59% 12.30%
Net income growth, 5-year CAGR (2.52%) (2.85%) 9.71%

Health

Metric PROV UNB Banks Regional median
Debt to equity 1.24 0.18 0.22
Current ratio 1.17 0.80 0.94
Net debt to EBITDA 0.00 0.00 0.00

Dividend

Metric PROV UNB Banks Regional median
Dividend yield 3.92% 4.93% 3.75%
Payout ratio 0.47 0.50 0.27

Size

Metric PROV UNB Banks Regional median
Market cap 114.52m 116.23m 921.07m

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