MSBI vs. TRST, HBNC, EQBK, CCB, CPF, IBCP, HTBK, BFST, CATC, and MCBC
Should you be buying Midland States Bancorp stock or one of its competitors? The main competitors of Midland States Bancorp include TrustCo Bank Corp NY (TRST), Horizon Bancorp (HBNC), Equity Bancshares (EQBK), Coastal Financial (CCB), Central Pacific Financial (CPF), Independent Bank (IBCP), Heritage Commerce (HTBK), Business First Bancshares (BFST), Cambridge Bancorp (CATC), and Macatawa Bank (MCBC).
TrustCo Bank Corp NY (NASDAQ:TRST) and Midland States Bancorp (NASDAQ:MSBI) are both small-cap finance companies, but which is the better stock? We will contrast the two businesses based on the strength of their analyst recommendations, earnings, dividends, valuation, community ranking, risk, media sentiment, profitability and institutional ownership.
68.6% of TrustCo Bank Corp NY shares are held by institutional investors. Comparatively, 60.9% of Midland States Bancorp shares are held by institutional investors. 3.3% of TrustCo Bank Corp NY shares are held by company insiders. Comparatively, 5.6% of Midland States Bancorp shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock is poised for long-term growth.
TrustCo Bank Corp NY has a beta of 0.84, suggesting that its share price is 16% less volatile than the S&P 500. Comparatively, Midland States Bancorp has a beta of 0.77, suggesting that its share price is 23% less volatile than the S&P 500.
Midland States Bancorp has higher revenue and earnings than TrustCo Bank Corp NY. Midland States Bancorp is trading at a lower price-to-earnings ratio than TrustCo Bank Corp NY, indicating that it is currently the more affordable of the two stocks.
TrustCo Bank Corp NY has a net margin of 21.17% compared to TrustCo Bank Corp NY's net margin of 15.17%. TrustCo Bank Corp NY's return on equity of 11.56% beat Midland States Bancorp's return on equity.
Midland States Bancorp received 4 more outperform votes than TrustCo Bank Corp NY when rated by MarketBeat users. However, 54.11% of users gave TrustCo Bank Corp NY an outperform vote while only 47.17% of users gave Midland States Bancorp an outperform vote.
In the previous week, TrustCo Bank Corp NY had 6 more articles in the media than Midland States Bancorp. MarketBeat recorded 12 mentions for TrustCo Bank Corp NY and 6 mentions for Midland States Bancorp. Midland States Bancorp's average media sentiment score of 0.49 beat TrustCo Bank Corp NY's score of 0.48 indicating that TrustCo Bank Corp NY is being referred to more favorably in the media.
Midland States Bancorp has a consensus price target of $26.33, suggesting a potential upside of 17.77%. Given TrustCo Bank Corp NY's higher probable upside, analysts plainly believe Midland States Bancorp is more favorable than TrustCo Bank Corp NY.
TrustCo Bank Corp NY pays an annual dividend of $1.44 per share and has a dividend yield of 5.3%. Midland States Bancorp pays an annual dividend of $1.24 per share and has a dividend yield of 5.5%. TrustCo Bank Corp NY pays out 51.6% of its earnings in the form of a dividend. Midland States Bancorp pays out 42.2% 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. Midland States Bancorp has increased its dividend for 8 consecutive years. Midland States Bancorp is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.
Summary
Midland States Bancorp beats TrustCo Bank Corp NY on 11 of the 19 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding MSBI 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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