QNB Corp. (QNBC) vs Western New England Bancorp (WNEB)

QNB Corp. and Western New England Bancorp are both Banks Regional companies. QNB Corp. and Western New England Bancorp are of similar size ($291.4M and $271.3M). QNB Corp. has negative trailing earnings, so its P/E is not meaningful; Western New England Bancorp trades at 13.7×. Western New England Bancorp grew revenue faster over the last twelve months: 5.84% against −8.86%. Western New England Bancorp has the higher net margin (14.5% vs −5.63%) and the higher return on invested capital (7.15% vs 0.00%). Both pay a dividend; QNB Corp. yields more (3.30% vs 2.05%). Across the 18 metrics below, Western New England Bancorp leads on 11 and QNB Corp. on 7.

Valuation

Metric QNBC WNEB Banks Regional median
P/E n/m 13.65 12.02
P/S 2.91 1.96 2.36
P/B 1.15 1.10 1.23
Price to free cash flow 10.82 15.57 10.60
EV/EBITDA n/m — —
EV/Sales 1.81 — —
Earnings yield (0.53%) 7.33% 8.21%
Free cash flow yield 9.24% 6.42% 9.23%

Profitability

Metric QNBC WNEB Banks Regional median
Gross margin 51.09% 66.43% 69.81%
Operating margin 0.00% 0.00% 0.00%
Net margin (5.63%) 14.53% 18.82%
Free cash flow margin 26.92% 0.00% 17.97%
Return on equity (2.88%) 8.14% 10.28%
Return on assets (0.24%) 0.73% 1.13%
Return on invested capital 0.00% 7.15% 8.45%

Growth

Metric QNBC WNEB Banks Regional median
Revenue growth (TTM) (8.86%) 5.84% 6.37%
EPS growth (last fiscal year) 21.15% 33.93% 18.85%
Revenue growth, 5-year CAGR 14.19% 7.32% 12.65%
Net income growth, 5-year CAGR 3.12% 6.37% 9.81%

Health

Metric QNBC WNEB Banks Regional median
Debt to equity 0.00 0.18 0.17
Current ratio 0.84 0.00 0.93
Net debt to EBITDA 0.00 0.00 0.00

Dividend

Metric QNBC WNEB Banks Regional median
Dividend yield 3.30% 2.05% 2.49%
Payout ratio 0.46 0.28 0.29

Size

Metric QNBC WNEB Banks Regional median
Market cap 291.40m 271.28m 934.85m

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