MCBC vs. HONE, HTBK, MCB, MSBI, CCBG, CATC, FMNB, EQBK, IBCP, and TRST
Should you be buying Macatawa Bank stock or one of its competitors? The main competitors of Macatawa Bank include HarborOne Bancorp (HONE), Heritage Commerce (HTBK), Metropolitan Bank (MCB), Midland States Bancorp (MSBI), Capital City Bank Group (CCBG), Cambridge Bancorp (CATC), Farmers National Banc (FMNB), Equity Bancshares (EQBK), Independent Bank (IBCP), and TrustCo Bank Corp NY (TRST). These companies are all part of the "state commercial banks" industry.
Macatawa Bank (NASDAQ:MCBC) and HarborOne Bancorp (NASDAQ:HONE) are both small-cap finance companies, but which is the superior investment? We will compare the two companies based on the strength of their community ranking, dividends, analyst recommendations, risk, earnings, profitability, institutional ownership, media sentiment and valuation.
HarborOne Bancorp received 68 more outperform votes than Macatawa Bank when rated by MarketBeat users. Likewise, 62.41% of users gave HarborOne Bancorp an outperform vote while only 58.86% of users gave Macatawa Bank an outperform vote.
Macatawa Bank has higher earnings, but lower revenue than HarborOne Bancorp. Macatawa Bank is trading at a lower price-to-earnings ratio than HarborOne Bancorp, indicating that it is currently the more affordable of the two stocks.
Macatawa Bank pays an annual dividend of $0.36 per share and has a dividend yield of 2.5%. HarborOne Bancorp pays an annual dividend of $0.32 per share and has a dividend yield of 2.9%. Macatawa Bank pays out 30.0% of its earnings in the form of a dividend. HarborOne Bancorp pays out 86.5% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future.
42.5% of Macatawa Bank shares are owned by institutional investors. Comparatively, 65.0% of HarborOne Bancorp shares are owned by institutional investors. 8.6% of Macatawa Bank shares are owned by insiders. Comparatively, 4.9% of HarborOne Bancorp shares are owned by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock is poised for long-term growth.
Macatawa Bank has a beta of 0.52, meaning that its stock price is 48% less volatile than the S&P 500. Comparatively, HarborOne Bancorp has a beta of 0.73, meaning that its stock price is 27% less volatile than the S&P 500.
Macatawa Bank currently has a consensus price target of $12.83, indicating a potential downside of 11.06%. Given Macatawa Bank's stronger consensus rating and higher probable upside, equities analysts clearly believe Macatawa Bank is more favorable than HarborOne Bancorp.
Macatawa Bank has a net margin of 30.56% compared to HarborOne Bancorp's net margin of 5.38%. Macatawa Bank's return on equity of 14.73% beat HarborOne Bancorp's return on equity.
In the previous week, Macatawa Bank and Macatawa Bank both had 4 articles in the media. HarborOne Bancorp's average media sentiment score of 0.79 beat Macatawa Bank's score of 0.22 indicating that HarborOne Bancorp is being referred to more favorably in the news media.
Summary
Macatawa Bank beats HarborOne Bancorp on 11 of the 19 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding MCBC 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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