Professional Holding Corp. (PFHD) provides banking products and services to small and medium-sized businesses, other professionals, and entrepreneurs. They are service-oriented and customer-focused, which they believe helped drive their 41% customer growth last year. Currently, they are being acquired by Seacoast Banking Corporation of Florida (NASDAQ: SBCF) which should be completed by the end of this quarter after the announcement in June of 2022.
Comps: CoastalSouth Bancshares, Inc. (OTCMKTS:COSO), Southern First Bancshares, Inc. (Nasdaq:SFST)
If we compare Professional Holding Corp. to CoastalSouth Bancshares and Southern First Bancshares, then we can see that they do have greater revenue growth year over year than either one. In addition, Professional Holding Corp. showed better profit margin and return on equity than CoastalSouth Bancshares. While they do not have the relative earnings metrics of these two companies, they have attractive revenue growth and profit margins and use their equity effectively.