HONE vs. WASH, CCBG, THFF, MCB, SPFI, FMNB, MCBC, HTBK, CATC, and CCNE
Should you be buying HarborOne Bancorp stock or one of its competitors? The main competitors of HarborOne Bancorp include Washington Trust Bancorp (WASH), Capital City Bank Group (CCBG), First Financial (THFF), Metropolitan Bank (MCB), South Plains Financial (SPFI), Farmers National Banc (FMNB), Macatawa Bank (MCBC), Heritage Commerce (HTBK), Cambridge Bancorp (CATC), and CNB Financial (CCNE). These companies are all part of the "state commercial banks" industry.
Washington Trust Bancorp (NASDAQ:WASH) and HarborOne Bancorp (NASDAQ:HONE) are both small-cap finance companies, but which is the better stock? We will compare the two businesses based on the strength of their analyst recommendations, community ranking, profitability, earnings, dividends, media sentiment, valuation, risk and institutional ownership.
Washington Trust Bancorp has a beta of 0.81, indicating that its share price is 19% less volatile than the S&P 500. Comparatively, HarborOne Bancorp has a beta of 0.74, indicating that its share price is 26% less volatile than the S&P 500.
Washington Trust Bancorp pays an annual dividend of $2.24 per share and has a dividend yield of 8.6%. HarborOne Bancorp pays an annual dividend of $0.32 per share and has a dividend yield of 3.1%. Washington Trust Bancorp pays out 82.7% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. HarborOne Bancorp pays out 86.5% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. HarborOne Bancorp has increased its dividend for 4 consecutive years. Washington Trust Bancorp is clearly the better dividend stock, given its higher yield and lower payout ratio.
Washington Trust Bancorp has a net margin of 12.01% compared to Washington Trust Bancorp's net margin of 5.38%. HarborOne Bancorp's return on equity of 10.18% beat Washington Trust Bancorp's return on equity.
HarborOne Bancorp received 77 more outperform votes than Washington Trust Bancorp when rated by MarketBeat users. Likewise, 62.41% of users gave HarborOne Bancorp an outperform vote while only 53.89% of users gave Washington Trust Bancorp an outperform vote.
65.8% of Washington Trust Bancorp shares are owned by institutional investors. Comparatively, 65.0% of HarborOne Bancorp shares are owned by institutional investors. 1.7% of Washington Trust Bancorp shares are owned by insiders. Comparatively, 4.9% of HarborOne Bancorp shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock will outperform the market over the long term.
In the previous week, Washington Trust Bancorp had 20 more articles in the media than HarborOne Bancorp. MarketBeat recorded 25 mentions for Washington Trust Bancorp and 5 mentions for HarborOne Bancorp. Washington Trust Bancorp's average media sentiment score of 0.82 beat HarborOne Bancorp's score of 0.68 indicating that HarborOne Bancorp is being referred to more favorably in the news media.
Washington Trust Bancorp has higher earnings, but lower revenue than HarborOne Bancorp. Washington Trust Bancorp is trading at a lower price-to-earnings ratio than HarborOne Bancorp, indicating that it is currently the more affordable of the two stocks.
Summary
Washington Trust Bancorp beats HarborOne Bancorp on 11 of the 19 factors compared between the two stocks.
Get HarborOne Bancorp News Delivered to You Automatically
Sign up to receive the latest news and ratings for HONE and its competitors with MarketBeat's FREE daily newsletter.
This chart shows the number of new MarketBeat users adding HONE and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
Skip ChartThis 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.
Skip Chart
HarborOne Bancorp Competitors List
Related Companies and Tools