SBCF vs. INDB, TOWN, HTLF, BOH, FBK, CVBF, OFG, RNST, BANR, and LKFN
Should you be buying Seacoast Banking Co. of Florida stock or one of its competitors? The main competitors of Seacoast Banking Co. of Florida include Independent Bank (INDB), TowneBank (TOWN), Heartland Financial USA (HTLF), Bank of Hawaii (BOH), FB Financial (FBK), CVB Financial (CVBF), OFG Bancorp (OFG), Renasant (RNST), Banner (BANR), and Lakeland Financial (LKFN). These companies are all part of the "state commercial banks" industry.
Seacoast Banking Co. of Florida (NASDAQ:SBCF) and Independent Bank (NASDAQ:INDB) are both mid-cap finance companies, but which is the superior stock? We will compare the two businesses based on the strength of their dividends, valuation, profitability, earnings, institutional ownership, community ranking, analyst recommendations, risk and media sentiment.
Independent Bank has higher revenue and earnings than Seacoast Banking Co. of Florida. Independent Bank 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.
In the previous week, Independent Bank had 2 more articles in the media than Seacoast Banking Co. of Florida. MarketBeat recorded 5 mentions for Independent Bank and 3 mentions for Seacoast Banking Co. of Florida. Independent Bank's average media sentiment score of 1.50 beat Seacoast Banking Co. of Florida's score of 1.47 indicating that Independent Bank is being referred to more favorably in the news media.
Seacoast Banking Co. of Florida currently has a consensus price target of $26.10, indicating a potential upside of 6.92%. Independent Bank has a consensus price target of $60.00, indicating a potential upside of 13.31%. Given Independent Bank's higher probable upside, analysts clearly believe Independent Bank is more favorable than Seacoast Banking Co. of Florida.
Independent Bank received 89 more outperform votes than Seacoast Banking Co. of Florida when rated by MarketBeat users. However, 60.16% of users gave Seacoast Banking Co. of Florida an outperform vote while only 55.08% of users gave Independent Bank an outperform vote.
Independent Bank has a net margin of 23.97% compared to Seacoast Banking Co. of Florida's net margin of 15.08%. Independent Bank's return on equity of 7.85% beat Seacoast Banking Co. of Florida's return on equity.
Seacoast Banking Co. of Florida has a beta of 1.17, meaning that its share price is 17% more volatile than the S&P 500. Comparatively, Independent Bank has a beta of 0.84, meaning that its share price is 16% less volatile than the S&P 500.
81.8% of Seacoast Banking Co. of Florida shares are owned by institutional investors. Comparatively, 83.4% of Independent Bank shares are owned by institutional investors. 1.5% of Seacoast Banking Co. of Florida shares are owned by company insiders. Comparatively, 0.9% of Independent Bank shares are owned by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company will outperform the market over the long term.
Seacoast Banking Co. of Florida pays an annual dividend of $0.72 per share and has a dividend yield of 2.9%. Independent Bank pays an annual dividend of $2.28 per share and has a dividend yield of 4.3%. Seacoast Banking Co. of Florida pays out 51.4% 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. Independent Bank is clearly the better dividend stock, given its higher yield and lower payout ratio.
Summary
Independent Bank beats Seacoast Banking Co. of Florida on 13 of the 20 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding SBCF 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.
Seacoast Banking Co. of Florida Competitors List
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