TOWN vs. SBCF, HTLF, OFG, RNST, INDB, LKFN, BOH, BANR, CVBF, and EFSC
Should you be buying TowneBank stock or one of its competitors? The main competitors of TowneBank include Seacoast Banking Co. of Florida (SBCF), Heartland Financial USA (HTLF), OFG Bancorp (OFG), Renasant (RNST), Independent Bank (INDB), Lakeland Financial (LKFN), Bank of Hawaii (BOH), Banner (BANR), CVB Financial (CVBF), and Enterprise Financial Services (EFSC). These companies are all part of the "regional banks" industry.
Seacoast Banking Co. of Florida (NASDAQ:SBCF) and TowneBank (NASDAQ:TOWN) are both finance companies, but which is the better business? We will contrast the two companies based on the strength of their earnings, institutional ownership, profitability, dividends, analyst recommendations, risk, media sentiment, community ranking and valuation.
Seacoast Banking Co. of Florida received 91 more outperform votes than TowneBank when rated by MarketBeat users. Likewise, 60.16% of users gave Seacoast Banking Co. of Florida an outperform vote while only 55.41% of users gave TowneBank an outperform vote.
Seacoast Banking Co. of Florida currently has a consensus price target of $26.10, indicating a potential upside of 8.61%. TowneBank has a consensus price target of $29.50, indicating a potential upside of 9.38%. Given Seacoast Banking Co. of Florida's higher probable upside, analysts clearly believe TowneBank is more favorable than Seacoast Banking Co. of Florida.
TowneBank has a net margin of 15.50% compared to TowneBank's net margin of 15.08%. Seacoast Banking Co. of Florida's return on equity of 7.51% beat TowneBank's return on equity.
81.8% of Seacoast Banking Co. of Florida shares are held by institutional investors. Comparatively, 56.0% of TowneBank shares are held by institutional investors. 1.5% of Seacoast Banking Co. of Florida shares are held by insiders. Comparatively, 8.1% of TowneBank shares are held by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company is poised for long-term growth.
Seacoast Banking Co. of Florida pays an annual dividend of $0.72 per share and has a dividend yield of 3.0%. TowneBank pays an annual dividend of $1.00 per share and has a dividend yield of 3.7%. Seacoast Banking Co. of Florida pays out 51.4% of its earnings in the form of a dividend. TowneBank pays out 49.8% 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. Seacoast Banking Co. of Florida has increased its dividend for 3 consecutive years and TowneBank has increased its dividend for 12 consecutive years. TowneBank is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.
TowneBank has higher revenue and earnings than Seacoast Banking Co. of Florida. TowneBank is trading at a lower price-to-earnings ratio than Seacoast Banking Co. of Florida, indicating that it is currently the more affordable of the two stocks.
Seacoast Banking Co. of Florida has a beta of 1.17, indicating that its share price is 17% more volatile than the S&P 500. Comparatively, TowneBank has a beta of 0.89, indicating that its share price is 11% less volatile than the S&P 500.
In the previous week, Seacoast Banking Co. of Florida had 6 more articles in the media than TowneBank. MarketBeat recorded 8 mentions for Seacoast Banking Co. of Florida and 2 mentions for TowneBank. Seacoast Banking Co. of Florida's average media sentiment score of 0.76 beat TowneBank's score of 0.36 indicating that TowneBank is being referred to more favorably in the news media.
Summary
TowneBank beats Seacoast Banking Co. of Florida on 12 of the 21 factors compared between the two stocks.
Get TowneBank News Delivered to You Automatically
Sign up to receive the latest news and ratings for TOWN and its competitors with MarketBeat's FREE daily newsletter.
This chart shows the number of new MarketBeat users adding TOWN 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.
TowneBank Competitors List
Related Companies and Tools
