CATY vs. FIBK, TCBI, AUB, CVBF, FBP, BOH, UCBI, INDB, ASB, and HTH
Should you be buying Cathay General Bancorp stock or one of its competitors? The main competitors of Cathay General Bancorp include First Interstate BancSystem (FIBK), Texas Capital Bancshares (TCBI), Atlantic Union Bankshares (AUB), CVB Financial (CVBF), First BanCorp. (FBP), Bank of Hawaii (BOH), United Community Banks (UCBI), Independent Bank (INDB), Associated Banc (ASB), and Hilltop (HTH). These companies are all part of the "state commercial banks" industry.
First Interstate BancSystem (NASDAQ:FIBK) and Cathay General Bancorp (NASDAQ:CATY) are both mid-cap finance companies, but which is the better business? We will contrast the two businesses based on the strength of their community ranking, media sentiment, analyst recommendations, profitability, valuation, institutional ownership, dividends, risk and earnings.
First Interstate BancSystem pays an annual dividend of $1.88 per share and has a dividend yield of 6.7%. Cathay General Bancorp pays an annual dividend of $1.36 per share and has a dividend yield of 3.6%. First Interstate BancSystem pays out 74.9% of its earnings in the form of a dividend. Cathay General Bancorp pays out 30.1% 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. First Interstate BancSystem has raised its dividend for 11 consecutive years. First Interstate BancSystem is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.
88.7% of First Interstate BancSystem shares are owned by institutional investors. Comparatively, 75.0% of Cathay General Bancorp shares are owned by institutional investors. 6.9% of First Interstate BancSystem shares are owned by insiders. Comparatively, 4.8% of Cathay General Bancorp shares are owned by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock will outperform the market over the long term.
First Interstate BancSystem presently has a consensus target price of $30.20, suggesting a potential upside of 8.28%. Cathay General Bancorp has a consensus target price of $39.00, suggesting a potential upside of 2.88%. Given Cathay General Bancorp's stronger consensus rating and higher possible upside, equities research analysts clearly believe First Interstate BancSystem is more favorable than Cathay General Bancorp.
First Interstate BancSystem has a beta of 0.85, suggesting that its share price is 15% less volatile than the S&P 500. Comparatively, Cathay General Bancorp has a beta of 1.12, suggesting that its share price is 12% more volatile than the S&P 500.
Cathay General Bancorp has a net margin of 24.41% compared to Cathay General Bancorp's net margin of 17.76%. First Interstate BancSystem's return on equity of 13.02% beat Cathay General Bancorp's return on equity.
Cathay General Bancorp received 61 more outperform votes than First Interstate BancSystem when rated by MarketBeat users. Likewise, 58.71% of users gave Cathay General Bancorp an outperform vote while only 51.75% of users gave First Interstate BancSystem an outperform vote.
Cathay General Bancorp has lower revenue, but higher earnings than First Interstate BancSystem. Cathay General Bancorp is trading at a lower price-to-earnings ratio than First Interstate BancSystem, indicating that it is currently the more affordable of the two stocks.
In the previous week, Cathay General Bancorp had 1 more articles in the media than First Interstate BancSystem. MarketBeat recorded 7 mentions for Cathay General Bancorp and 6 mentions for First Interstate BancSystem. First Interstate BancSystem's average media sentiment score of 1.06 beat Cathay General Bancorp's score of 0.83 indicating that Cathay General Bancorp is being referred to more favorably in the news media.
Summary
Cathay General Bancorp beats First Interstate BancSystem on 12 of the 21 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding CATY 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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