USCB Financial Holdings, Inc. (USCB) vs Waterstone Financial, Inc. (WSBF)

USCB Financial Holdings, Inc. and Waterstone Financial, Inc. are both Banks Regional companies. USCB Financial Holdings, Inc. and Waterstone Financial, Inc. are of similar size ($366.3M and $360.6M). Waterstone Financial, Inc. trades at the lower P/E: 11.5× against 12.9×. USCB Financial Holdings, Inc. grew revenue faster over the last twelve months: 4.72% against 4.47%. USCB Financial Holdings, Inc. has the higher net margin (18.1% vs 14.6%) and the lower return on invested capital (6.24% vs 7.61%). Both pay a dividend; Waterstone Financial, Inc. yields more (3.31% vs 2.39%). Across the 19 metrics below, Waterstone Financial, Inc. leads on 13 and USCB Financial Holdings, Inc. on 6.

Valuation

Metric USCB WSBF Banks Regional median
P/E 12.92 11.54 12.02
P/S 2.29 1.65 2.36
P/B 1.56 0.97 1.23
Price to free cash flow 7.43 7.06 10.60
EV/EBITDA — — —
EV/Sales — — —
Earnings yield 7.74% 8.67% 8.21%
Free cash flow yield 13.45% 14.17% 9.23%

Profitability

Metric USCB WSBF Banks Regional median
Gross margin 61.02% 72.71% 69.81%
Operating margin 0.00% 0.00% 0.00%
Net margin 18.05% 14.58% 18.82%
Free cash flow margin 30.84% 20.71% 17.97%
Return on equity 12.36% 8.69% 10.28%
Return on assets 1.00% 1.33% 1.13%
Return on invested capital 6.24% 7.61% 8.45%

Growth

Metric USCB WSBF Banks Regional median
Revenue growth (TTM) 4.72% 4.47% 6.37%
EPS growth (last fiscal year) 7.26% 46.53% 18.85%
Revenue growth, 5-year CAGR 20.96% (9.00%) 12.65%
Net income growth, 5-year CAGR 27.68% (20.11%) 9.81%

Health

Metric USCB WSBF Banks Regional median
Debt to equity 1.20 0.00 0.17
Current ratio 0.97 1.01 0.93
Net debt to EBITDA 0.00 0.00 0.00

Dividend

Metric USCB WSBF Banks Regional median
Dividend yield 2.39% 3.31% 2.49%
Payout ratio 0.31 0.38 0.29

Size

Metric USCB WSBF Banks Regional median
Market cap 366.34m 360.62m 934.85m

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