PPBI vs. INDB, SBCF, BOH, MBIN, CVBF, HTH, TOWN, HTLF, FBK, and OFG
Should you be buying Pacific Premier Bancorp stock or one of its competitors? The main competitors of Pacific Premier Bancorp include Independent Bank (INDB), Seacoast Banking Co. of Florida (SBCF), Bank of Hawaii (BOH), Merchants Bancorp (MBIN), CVB Financial (CVBF), Hilltop (HTH), TowneBank (TOWN), Heartland Financial USA (HTLF), FB Financial (FBK), and OFG Bancorp (OFG). These companies are all part of the "state commercial banks" industry.
Independent Bank (NASDAQ:INDB) and Pacific Premier Bancorp (NASDAQ:PPBI) are both mid-cap finance companies, but which is the better business? We will contrast the two companies based on the strength of their profitability, community ranking, media sentiment, institutional ownership, valuation, dividends, risk, analyst recommendations and earnings.
Independent Bank has higher revenue and earnings than Pacific Premier Bancorp. Independent Bank is trading at a lower price-to-earnings ratio than Pacific Premier Bancorp, indicating that it is currently the more affordable of the two stocks.
Pacific Premier Bancorp has a net margin of 24.75% compared to Pacific Premier Bancorp's net margin of 23.97%. Pacific Premier Bancorp's return on equity of 7.85% beat Independent Bank's return on equity.
Independent Bank pays an annual dividend of $2.28 per share and has a dividend yield of 4.3%. Pacific Premier Bancorp pays an annual dividend of $1.32 per share and has a dividend yield of 5.5%. Independent Bank pays out 44.0% of its earnings in the form of a dividend. Pacific Premier Bancorp pays out 1,015.4% 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 has raised its dividend for 14 consecutive years.
83.4% of Independent Bank shares are owned by institutional investors. Comparatively, 93.1% of Pacific Premier Bancorp shares are owned by institutional investors. 0.9% of Independent Bank shares are owned by insiders. Comparatively, 2.2% of Pacific Premier Bancorp shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock is poised for long-term growth.
Independent Bank presently has a consensus price target of $60.00, indicating a potential upside of 13.31%. Pacific Premier Bancorp has a consensus price target of $26.33, indicating a potential upside of 10.55%. Given Pacific Premier Bancorp's higher probable upside, analysts clearly believe Independent Bank is more favorable than Pacific Premier Bancorp.
In the previous week, Pacific Premier Bancorp had 4 more articles in the media than Independent Bank. MarketBeat recorded 8 mentions for Pacific Premier Bancorp and 4 mentions for Independent Bank. Pacific Premier Bancorp's average media sentiment score of 1.57 beat Independent Bank's score of 0.99 indicating that Independent Bank is being referred to more favorably in the media.
Independent Bank has a beta of 0.84, suggesting that its stock price is 16% less volatile than the S&P 500. Comparatively, Pacific Premier Bancorp has a beta of 1.21, suggesting that its stock price is 21% more volatile than the S&P 500.
Independent Bank received 40 more outperform votes than Pacific Premier Bancorp when rated by MarketBeat users. However, 62.50% of users gave Pacific Premier Bancorp an outperform vote while only 55.08% of users gave Independent Bank an outperform vote.
Summary
Pacific Premier Bancorp 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 PPBI 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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