INDB vs. CVBF, BOH, SBCF, TOWN, HTH, AUB, CATY, FIBK, RNST, and OFG
Should you be buying Independent Bank stock or one of its competitors? The main competitors of Independent Bank include CVB Financial (CVBF), Bank of Hawaii (BOH), Seacoast Banking Co. of Florida (SBCF), TowneBank (TOWN), Hilltop (HTH), Atlantic Union Bankshares (AUB), Cathay General Bancorp (CATY), First Interstate BancSystem (FIBK), Renasant (RNST), and OFG Bancorp (OFG). These companies are all part of the "state commercial banks" industry.
CVB Financial (NASDAQ:CVBF) and Independent Bank (NASDAQ:INDB) are both mid-cap finance companies, but which is the superior business? We will compare the two businesses based on the strength of their dividends, media sentiment, valuation, risk, profitability, analyst recommendations, community ranking, earnings and institutional ownership.
CVB Financial has a net margin of 30.93% compared to CVB Financial's net margin of 23.97%. Independent Bank's return on equity of 10.84% beat CVB Financial's return on equity.
CVB Financial pays an annual dividend of $0.80 per share and has a dividend yield of 4.9%. Independent Bank pays an annual dividend of $2.28 per share and has a dividend yield of 4.3%. CVB Financial pays out 52.6% of its earnings in the form of a dividend. Independent Bank pays out 44.0% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. Independent Bank has increased its dividend for 1 consecutive years.
In the previous week, CVB Financial had 24 more articles in the media than Independent Bank. MarketBeat recorded 32 mentions for CVB Financial and 8 mentions for Independent Bank. CVB Financial's average media sentiment score of 0.23 beat Independent Bank's score of 0.04 indicating that Independent Bank is being referred to more favorably in the news media.
Independent Bank has higher revenue and earnings than CVB Financial. Independent Bank is trading at a lower price-to-earnings ratio than CVB Financial, indicating that it is currently the more affordable of the two stocks.
CVB Financial has a beta of 0.46, suggesting that its stock price is 54% less volatile than the S&P 500. Comparatively, Independent Bank has a beta of 0.83, suggesting that its stock price is 17% less volatile than the S&P 500.
74.2% of CVB Financial shares are held by institutional investors. Comparatively, 83.4% of Independent Bank shares are held by institutional investors. 6.0% of CVB Financial shares are held by insiders. Comparatively, 0.9% of Independent Bank shares are held 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.
CVB Financial currently has a consensus price target of $19.00, suggesting a potential upside of 15.29%. Independent Bank has a consensus price target of $60.00, suggesting a potential upside of 13.79%. Given Independent Bank's stronger consensus rating and higher probable upside, equities analysts plainly believe CVB Financial is more favorable than Independent Bank.
Independent Bank received 82 more outperform votes than CVB Financial when rated by MarketBeat users. Likewise, 55.08% of users gave Independent Bank an outperform vote while only 51.97% of users gave CVB Financial an outperform vote.
Summary
CVB Financial beats Independent Bank on 11 of the 21 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding INDB 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.
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