TRST vs. CTBI, ABTX, LBAI, BMTC, OBNK, AGM, NWBI, PFS, BHLB, and OCFC
Should you be buying TrustCo Bank Corp NY stock or one of its competitors? The main competitors of TrustCo Bank Corp NY include Community Trust Bancorp (CTBI), Allegiance Bancshares (ABTX), Lakeland Bancorp (LBAI), Bryn Mawr Bank (BMTC), Origin Bancorp (OBNK), Federal Agricultural Mortgage (AGM), Northwest Bancshares (NWBI), Provident Financial Services (PFS), Berkshire Hills Bancorp (BHLB), and OceanFirst Financial (OCFC). These companies are all part of the "finance" sector.
TrustCo Bank Corp NY (NASDAQ:TRST) and Community Trust Bancorp (NASDAQ:CTBI) are both small-cap finance companies, but which is the superior investment? We will compare the two businesses based on the strength of their media sentiment, institutional ownership, earnings, dividends, profitability, risk, valuation, analyst recommendations and community ranking.
TrustCo Bank Corp NY pays an annual dividend of $1.44 per share and has a dividend yield of 5.4%. Community Trust Bancorp pays an annual dividend of $1.84 per share and has a dividend yield of 4.4%. TrustCo Bank Corp NY pays out 51.6% of its earnings in the form of a dividend. Community Trust Bancorp pays out 42.7% 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.
Community Trust Bancorp has higher revenue and earnings than TrustCo Bank Corp NY. TrustCo Bank Corp NY is trading at a lower price-to-earnings ratio than Community Trust Bancorp, indicating that it is currently the more affordable of the two stocks.
Community Trust Bancorp has a net margin of 22.64% compared to TrustCo Bank Corp NY's net margin of 21.17%. Community Trust Bancorp's return on equity of 11.36% beat TrustCo Bank Corp NY's return on equity.
Community Trust Bancorp has a consensus price target of $48.00, suggesting a potential upside of 14.97%. Given Community Trust Bancorp's higher possible upside, analysts clearly believe Community Trust Bancorp is more favorable than TrustCo Bank Corp NY.
TrustCo Bank Corp NY has a beta of 0.84, suggesting that its stock price is 16% less volatile than the S&P 500. Comparatively, Community Trust Bancorp has a beta of 0.66, suggesting that its stock price is 34% less volatile than the S&P 500.
68.6% of TrustCo Bank Corp NY shares are owned by institutional investors. Comparatively, 60.2% of Community Trust Bancorp shares are owned by institutional investors. 3.3% of TrustCo Bank Corp NY shares are owned by company insiders. Comparatively, 4.3% of Community Trust Bancorp shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company is poised for long-term growth.
In the previous week, TrustCo Bank Corp NY and TrustCo Bank Corp NY both had 3 articles in the media. TrustCo Bank Corp NY's average media sentiment score of 1.89 beat Community Trust Bancorp's score of 0.66 indicating that TrustCo Bank Corp NY is being referred to more favorably in the media.
Community Trust Bancorp received 53 more outperform votes than TrustCo Bank Corp NY when rated by MarketBeat users. However, 53.44% of users gave TrustCo Bank Corp NY an outperform vote while only 52.34% of users gave Community Trust Bancorp an outperform vote.
Summary
Community Trust Bancorp beats TrustCo Bank Corp NY on 13 of the 18 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding TRST 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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