IBCP vs. EQBK, MSBI, CPF, HBNC, CCB, TRST, CATC, HTBK, BFST, and MCBC
Should you be buying Independent Bank stock or one of its competitors? The main competitors of Independent Bank include Equity Bancshares (EQBK), Midland States Bancorp (MSBI), Central Pacific Financial (CPF), Horizon Bancorp (HBNC), Coastal Financial (CCB), TrustCo Bank Corp NY (TRST), Cambridge Bancorp (CATC), Heritage Commerce (HTBK), Business First Bancshares (BFST), and Macatawa Bank (MCBC). These companies are all part of the "state commercial banks" industry.
Independent Bank (NASDAQ:IBCP) and Equity Bancshares (NASDAQ:EQBK) are both small-cap finance companies, but which is the superior stock? We will contrast the two companies based on the strength of their community ranking, dividends, analyst recommendations, institutional ownership, valuation, earnings, profitability, risk and media sentiment.
Independent Bank has a beta of 0.97, suggesting that its stock price is 3% less volatile than the S&P 500. Comparatively, Equity Bancshares has a beta of 0.89, suggesting that its stock price is 11% less volatile than the S&P 500.
Independent Bank has higher revenue and earnings than Equity Bancshares. Independent Bank is trading at a lower price-to-earnings ratio than Equity Bancshares, indicating that it is currently the more affordable of the two stocks.
In the previous week, Independent Bank had 17 more articles in the media than Equity Bancshares. MarketBeat recorded 19 mentions for Independent Bank and 2 mentions for Equity Bancshares. Equity Bancshares' average media sentiment score of 0.80 beat Independent Bank's score of 0.51 indicating that Equity Bancshares is being referred to more favorably in the news media.
Independent Bank currently has a consensus price target of $28.00, suggesting a potential upside of 10.76%. Equity Bancshares has a consensus price target of $32.67, suggesting a potential downside of 3.21%. Given Independent Bank's higher probable upside, analysts clearly believe Independent Bank is more favorable than Equity Bancshares.
Independent Bank pays an annual dividend of $0.96 per share and has a dividend yield of 3.8%. Equity Bancshares pays an annual dividend of $0.48 per share and has a dividend yield of 1.4%. Independent Bank pays out 32.7% of its earnings in the form of a dividend. Equity Bancshares pays out 80.0% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Independent Bank is clearly the better dividend stock, given its higher yield and lower payout ratio.
Independent Bank received 88 more outperform votes than Equity Bancshares when rated by MarketBeat users. Likewise, 55.15% of users gave Independent Bank an outperform vote while only 48.58% of users gave Equity Bancshares an outperform vote.
79.4% of Independent Bank shares are owned by institutional investors. Comparatively, 71.8% of Equity Bancshares shares are owned by institutional investors. 5.5% of Independent Bank shares are owned by insiders. Comparatively, 8.0% of Equity Bancshares shares are owned by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock is poised for long-term growth.
Independent Bank has a net margin of 20.45% compared to Equity Bancshares' net margin of 3.88%. Independent Bank's return on equity of 16.88% beat Equity Bancshares' return on equity.
Summary
Independent Bank beats Equity Bancshares on 14 of the 20 factors compared between the two stocks.
Get Independent Bank News Delivered to You Automatically
Sign up to receive the latest news and ratings for IBCP and its competitors with MarketBeat's FREE daily newsletter.
This chart shows the number of new MarketBeat users adding IBCP and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
Independent Bank Competitors List
Related Companies and Tools
