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Independent Bank (INDB) Competitors

$50.79
+0.36 (+0.71%)
(As of 05/31/2024 ET)

INDB vs. HTH, IBKC, CATY, AUB, UCBI, WBS, CBSH, WAL, CFR, and BPOP

Should you be buying Independent Bank stock or one of its competitors? The main competitors of Independent Bank include Hilltop (HTH), IBERIABANK (IBKC), Cathay General Bancorp (CATY), Atlantic Union Bankshares (AUB), United Community Banks (UCBI), Webster Financial (WBS), Commerce Bancshares (CBSH), Western Alliance Bancorporation (WAL), Cullen/Frost Bankers (CFR), and Popular (BPOP). These companies are all part of the "finance" sector.

Independent Bank vs.

Hilltop (NYSE:HTH) and Independent Bank (NASDAQ:INDB) are both finance companies, but which is the better investment? We will compare the two companies based on the strength of their risk, community ranking, institutional ownership, profitability, earnings, valuation, media sentiment, analyst recommendations and dividends.

57.1% of Hilltop shares are held by institutional investors. Comparatively, 83.4% of Independent Bank shares are held by institutional investors. 28.9% of Hilltop shares are held by company insiders. Comparatively, 0.9% of Independent Bank shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock is poised for long-term growth.

In the previous week, Independent Bank had 3 more articles in the media than Hilltop. MarketBeat recorded 3 mentions for Independent Bank and 0 mentions for Hilltop. Hilltop's average media sentiment score of 1.16 beat Independent Bank's score of -0.15 indicating that Independent Bank is being referred to more favorably in the news media.

Company Overall Sentiment
Hilltop Neutral
Independent Bank Positive

Hilltop pays an annual dividend of $0.68 per share and has a dividend yield of 2.2%. Independent Bank pays an annual dividend of $2.28 per share and has a dividend yield of 4.5%. Hilltop pays out 39.8% 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. Hilltop has increased its dividend for 7 consecutive years and Independent Bank has increased its dividend for 14 consecutive years. Independent Bank is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.

Independent Bank has lower revenue, but higher earnings than Hilltop. Independent Bank is trading at a lower price-to-earnings ratio than Hilltop, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Hilltop$1.57B1.27$109.65M$1.7117.89
Independent Bank$920.34M2.34$239.50M$5.189.81

Hilltop has a beta of 1.1, suggesting that its stock price is 10% more volatile than the S&P 500. Comparatively, Independent Bank has a beta of 0.84, suggesting that its stock price is 16% less volatile than the S&P 500.

Hilltop presently has a consensus price target of $32.00, indicating a potential upside of 4.61%. Independent Bank has a consensus price target of $60.00, indicating a potential upside of 18.13%. Given Hilltop's higher possible upside, analysts plainly believe Independent Bank is more favorable than Hilltop.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Hilltop
0 Sell rating(s)
2 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
2.00
Independent Bank
0 Sell rating(s)
2 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
2.00

Independent Bank has a net margin of 23.97% compared to Independent Bank's net margin of 6.95%. Hilltop's return on equity of 7.85% beat Independent Bank's return on equity.

Company Net Margins Return on Equity Return on Assets
Hilltop6.95% 5.24% 0.67%
Independent Bank 23.97%7.85%1.17%

Independent Bank received 142 more outperform votes than Hilltop when rated by MarketBeat users. Likewise, 55.08% of users gave Independent Bank an outperform vote while only 53.76% of users gave Hilltop an outperform vote.

CompanyUnderperformOutperform
HilltopOutperform Votes
243
53.76%
Underperform Votes
209
46.24%
Independent BankOutperform Votes
385
55.08%
Underperform Votes
314
44.92%

Summary

Independent Bank beats Hilltop on 14 of the 19 factors compared between the two stocks.

New MarketBeat Followers Over Time

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.
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Media Sentiment Over Time

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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INDB vs. The Competition

MetricIndependent BankState commercial banks IndustryFinance SectorNASDAQ Exchange
Market Cap$2.16B$2.52B$9.49B$7.96B
Dividend Yield4.60%4.34%6.21%4.02%
P/E Ratio9.8111.9957.9218.29
Price / Sales2.341.92330.9882.57
Price / Cash7.888.2716.6530.90
Price / Book0.751.023.254.59
Net Income$239.50M$403.09M$1.01B$213.90M
7 Day Performance-0.24%-0.66%0.33%0.85%
1 Month Performance-0.16%1.66%2.88%3.57%
1 Year Performance11.65%26.38%16.96%7.89%

Independent Bank Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
HTH
Hilltop
4.4264 of 5 stars
$29.97
-3.5%
$32.00
+6.8%
+3.6%$1.96B$1.57B17.533,800Gap Down
IBKC
IBERIABANK
0 of 5 stars
$43.08
flat
N/A+0.0%$2.27B$1.54B7.453,373Gap Up
High Trading Volume
CATY
Cathay General Bancorp
3.774 of 5 stars
$36.01
+0.4%
$39.00
+8.3%
+26.0%$2.62B$1.31B7.971,246Analyst Downgrade
Short Interest ↓
News Coverage
AUB
Atlantic Union Bankshares
4.0681 of 5 stars
$31.62
-1.0%
$38.00
+20.2%
+28.0%$2.84B$1.05B11.631,804Positive News
UCBI
United Community Banks
4.9407 of 5 stars
$25.00
-1.3%
$30.60
+22.4%
+13.5%$2.98B$1.31B16.233,121News Coverage
Positive News
WBS
Webster Financial
5 of 5 stars
$42.90
-2.1%
$57.00
+32.9%
+24.4%$7.36B$2.65B8.794,261Positive News
CBSH
Commerce Bancshares
4.3223 of 5 stars
$54.42
-0.7%
$55.29
+1.6%
+16.0%$7.05B$1.95B15.184,728Short Interest ↓
Analyst Revision
News Coverage
Positive News
WAL
Western Alliance Bancorporation
4.8374 of 5 stars
$61.40
-2.6%
$72.47
+18.0%
+85.1%$6.76B$4.32B8.953,260Positive News
CFR
Cullen/Frost Bankers
4.8099 of 5 stars
$99.77
-1.5%
$117.46
+17.7%
+1.4%$6.41B$2.65B11.795,495Short Interest ↑
BPOP
Popular
4.9886 of 5 stars
$87.44
-1.3%
$99.89
+14.2%
+55.7%$6.32B$2.66B12.979,237Short Interest ↑

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This page (NASDAQ:INDB) was last updated on 6/1/2024 by MarketBeat.com Staff

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