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Bitfarms (BITF) Competitors

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$0.95 -0.03 (-3.45%)
Closing price 03/27/2025 04:00 PM Eastern
Extended Trading
$0.95 +0.00 (+0.09%)
As of 03/27/2025 07:58 PM Eastern
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BITF vs. NTB, LX, MBIN, CASH, PWP, NIC, CUBI, CLBK, TFIN, and IREN

Should you be buying Bitfarms stock or one of its competitors? The main competitors of Bitfarms include Bank of N.T. Butterfield & Son (NTB), LexinFintech (LX), Merchants Bancorp (MBIN), Pathward Financial (CASH), Perella Weinberg Partners (PWP), Nicolet Bankshares (NIC), Customers Bancorp (CUBI), Columbia Financial (CLBK), Triumph Financial (TFIN), and Iris Energy (IREN). These companies are all part of the "banking" industry.

Bitfarms vs.

Bitfarms (NASDAQ:BITF) and Bank of N.T. Butterfield & Son (NYSE:NTB) are both small-cap business services companies, but which is the better investment? We will compare the two businesses based on the strength of their analyst recommendations, risk, dividends, profitability, earnings, institutional ownership, media sentiment, valuation and community ranking.

Bitfarms has a beta of 3.68, meaning that its stock price is 268% more volatile than the S&P 500. Comparatively, Bank of N.T. Butterfield & Son has a beta of 1.1, meaning that its stock price is 10% more volatile than the S&P 500.

20.6% of Bitfarms shares are owned by institutional investors. Comparatively, 62.7% of Bank of N.T. Butterfield & Son shares are owned by institutional investors. 9.5% of Bitfarms shares are owned by insiders. Comparatively, 1.2% of Bank of N.T. Butterfield & Son shares are owned by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company is poised for long-term growth.

Bank of N.T. Butterfield & Son has higher revenue and earnings than Bitfarms. Bitfarms is trading at a lower price-to-earnings ratio than Bank of N.T. Butterfield & Son, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Bitfarms$182.96M2.50-$104.04M-$0.36-2.65
Bank of N.T. Butterfield & Son$581.98M3.21$216.30M$4.728.32

Bank of N.T. Butterfield & Son has a net margin of 26.51% compared to Bitfarms' net margin of -69.08%. Bank of N.T. Butterfield & Son's return on equity of 21.46% beat Bitfarms' return on equity.

Company Net Margins Return on Equity Return on Assets
Bitfarms-69.08% -22.17% -18.93%
Bank of N.T. Butterfield & Son 26.51%21.46%1.56%

Bank of N.T. Butterfield & Son received 263 more outperform votes than Bitfarms when rated by MarketBeat users. However, 79.59% of users gave Bitfarms an outperform vote while only 63.98% of users gave Bank of N.T. Butterfield & Son an outperform vote.

CompanyUnderperformOutperform
BitfarmsOutperform Votes
39
79.59%
Underperform Votes
10
20.41%
Bank of N.T. Butterfield & SonOutperform Votes
302
63.98%
Underperform Votes
170
36.02%

Bitfarms presently has a consensus target price of $3.97, indicating a potential upside of 316.19%. Bank of N.T. Butterfield & Son has a consensus target price of $40.80, indicating a potential upside of 3.86%. Given Bitfarms' stronger consensus rating and higher probable upside, equities research analysts plainly believe Bitfarms is more favorable than Bank of N.T. Butterfield & Son.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Bitfarms
0 Sell rating(s)
1 Hold rating(s)
6 Buy rating(s)
0 Strong Buy rating(s)
2.86
Bank of N.T. Butterfield & Son
0 Sell rating(s)
1 Hold rating(s)
4 Buy rating(s)
0 Strong Buy rating(s)
2.80

In the previous week, Bitfarms had 5 more articles in the media than Bank of N.T. Butterfield & Son. MarketBeat recorded 12 mentions for Bitfarms and 7 mentions for Bank of N.T. Butterfield & Son. Bank of N.T. Butterfield & Son's average media sentiment score of 1.12 beat Bitfarms' score of 0.28 indicating that Bank of N.T. Butterfield & Son is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Bitfarms
3 Very Positive mention(s)
0 Positive mention(s)
6 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral
Bank of N.T. Butterfield & Son
6 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Summary

Bank of N.T. Butterfield & Son beats Bitfarms on 11 of the 18 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding {thisCompany.Symbol} 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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BITF vs. The Competition

MetricBitfarmsNondepository credit institutions IndustryBusiness SectorNASDAQ Exchange
Market Cap$456.85M$7.41B$7.25B$8.06B
Dividend YieldN/A4.23%2.53%4.01%
P/E Ratio-2.6516.5330.3519.03
Price / Sales2.5010.03158.1593.17
Price / Cash14.1942.1531.5134.64
Price / Book1.082.314.884.33
Net Income-$104.04M$531.39M$195.43M$247.06M
7 Day Performance-5.63%-1.05%0.75%-0.37%
1 Month Performance-17.84%-6.47%-2.83%-3.85%
1 Year Performance-57.26%15.33%5.16%1.27%

Bitfarms Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
BITF
Bitfarms
2.055 of 5 stars
$0.95
-3.5%
$3.97
+316.2%
-55.9%$456.85M$182.96M-2.65110Earnings Report
Analyst Forecast
News Coverage
NTB
Bank of N.T. Butterfield & Son
2.9465 of 5 stars
$39.28
+2.5%
$40.80
+3.9%
+23.7%$1.87B$581.98M8.321,340Short Interest ↑
Positive News
LX
LexinFintech
2.346 of 5 stars
$11.09
+3.0%
N/A+538.5%$1.82B$14.20B17.603,900Dividend Increase
Options Volume
MBIN
Merchants Bancorp
4.0867 of 5 stars
$39.07
+2.2%
$51.50
+31.8%
-9.7%$1.79B$666.97M6.18480Positive News
CASH
Pathward Financial
3.7123 of 5 stars
$74.99
+1.1%
$90.50
+20.7%
+49.3%$1.78B$600.62M10.911,244News Coverage
Positive News
PWP
Perella Weinberg Partners
2.1685 of 5 stars
$20.24
+3.0%
$25.00
+23.5%
+33.7%$1.76B$878.04M-12.80600Positive News
NIC
Nicolet Bankshares
2.3273 of 5 stars
$112.05
+1.0%
$119.00
+6.2%
+32.0%$1.70B$349.12M13.95860Short Interest ↑
Positive News
CUBI
Customers Bancorp
2.6399 of 5 stars
$52.79
+2.4%
$64.00
+21.2%
-1.9%$1.66B$687.50M10.38640Positive News
Gap Up
CLBK
Columbia Financial
0.6811 of 5 stars
$15.44
+2.9%
$17.00
+10.1%
-9.0%$1.62B$179.88M-128.62750Positive News
TFIN
Triumph Financial
2.426 of 5 stars
$64.18
+4.2%
$79.00
+23.1%
-22.8%$1.50B$415.57M118.691,430Positive News
IREN
Iris Energy
4.4121 of 5 stars
$7.67
+7.3%
$20.40
+165.8%
+20.3%$1.43B$283.73M0.00100Gap Up
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This page (NASDAQ:BITF) was last updated on 3/28/2025 by MarketBeat.com Staff
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