S&P 500   5,088.80
DOW   39,131.53
QQQ   436.78
How this AP photographer captured a unique splash at the swimming worlds with an underwater camera
The perfect AI stock under $10 (Ad)
Delays in promised Western military aid to Ukraine are costing lives, the defense minister says
MILAN FASHION PHOTOS: Feben, Rave Review promote looks for women of all shapes, ages and sizes
The perfect AI stock under $10 (Ad)
Caribbean leaders meet with Haiti's prime minister. Foreign force deployment is on the agenda
What recession? Professional forecasters raise expectations for US economy in 2024
My wife was skeptical... until I showed her my account balance. (Ad)
Stock market today: Asian shares mostly decline, while Tokyo again touches a record high
AT&T will give $5 to customers hit by cellphone network outage
S&P 500   5,088.80
DOW   39,131.53
QQQ   436.78
How this AP photographer captured a unique splash at the swimming worlds with an underwater camera
The perfect AI stock under $10 (Ad)
Delays in promised Western military aid to Ukraine are costing lives, the defense minister says
MILAN FASHION PHOTOS: Feben, Rave Review promote looks for women of all shapes, ages and sizes
The perfect AI stock under $10 (Ad)
Caribbean leaders meet with Haiti's prime minister. Foreign force deployment is on the agenda
What recession? Professional forecasters raise expectations for US economy in 2024
My wife was skeptical... until I showed her my account balance. (Ad)
Stock market today: Asian shares mostly decline, while Tokyo again touches a record high
AT&T will give $5 to customers hit by cellphone network outage
S&P 500   5,088.80
DOW   39,131.53
QQQ   436.78
How this AP photographer captured a unique splash at the swimming worlds with an underwater camera
The perfect AI stock under $10 (Ad)
Delays in promised Western military aid to Ukraine are costing lives, the defense minister says
MILAN FASHION PHOTOS: Feben, Rave Review promote looks for women of all shapes, ages and sizes
The perfect AI stock under $10 (Ad)
Caribbean leaders meet with Haiti's prime minister. Foreign force deployment is on the agenda
What recession? Professional forecasters raise expectations for US economy in 2024
My wife was skeptical... until I showed her my account balance. (Ad)
Stock market today: Asian shares mostly decline, while Tokyo again touches a record high
AT&T will give $5 to customers hit by cellphone network outage
S&P 500   5,088.80
DOW   39,131.53
QQQ   436.78
How this AP photographer captured a unique splash at the swimming worlds with an underwater camera
The perfect AI stock under $10 (Ad)
Delays in promised Western military aid to Ukraine are costing lives, the defense minister says
MILAN FASHION PHOTOS: Feben, Rave Review promote looks for women of all shapes, ages and sizes
The perfect AI stock under $10 (Ad)
Caribbean leaders meet with Haiti's prime minister. Foreign force deployment is on the agenda
What recession? Professional forecasters raise expectations for US economy in 2024
My wife was skeptical... until I showed her my account balance. (Ad)
Stock market today: Asian shares mostly decline, while Tokyo again touches a record high
AT&T will give $5 to customers hit by cellphone network outage

Independent Bank (IBCP) Competitors

$24.21
-0.35 (-1.43%)
(As of 02/23/2024 08:53 PM ET)

IBCP vs. CPF, HTBK, CATC, EQBK, CCB, FMNB, TRST, MCB, LBC, and CCBG

Should you be buying Independent Bank stock or one of its competitors? The main competitors of Independent Bank include Central Pacific Financial (CPF), Heritage Commerce (HTBK), Cambridge Bancorp (CATC), Equity Bancshares (EQBK), Coastal Financial (CCB), Farmers National Banc (FMNB), TrustCo Bank Corp NY (TRST), Metropolitan Bank (MCB), Luther Burbank (LBC), and Capital City Bank Group (CCBG). These companies are all part of the "state commercial banks" industry.

Independent Bank vs.

Central Pacific Financial (NYSE:CPF) and Independent Bank (NASDAQ:IBCP) are both small-cap finance companies, but which is the superior stock? We will compare the two businesses based on the strength of their analyst recommendations, earnings, valuation, dividends, institutional ownership, media sentiment, profitability, risk and community ranking.

Central Pacific Financial has a beta of 1.16, meaning that its stock price is 16% more volatile than the S&P 500. Comparatively, Independent Bank has a beta of 0.99, meaning that its stock price is 1% less volatile than the S&P 500.

Central Pacific Financial received 29 more outperform votes than Independent Bank when rated by MarketBeat users. Likewise, 58.80% of users gave Central Pacific Financial an outperform vote while only 55.42% of users gave Independent Bank an outperform vote.

CompanyUnderperformOutperform
Central Pacific FinancialOutperform Votes
254
58.80%
Underperform Votes
178
41.20%
Independent BankOutperform Votes
225
55.42%
Underperform Votes
181
44.58%

Independent Bank has a net margin of 20.34% compared to Independent Bank's net margin of 17.82%. Central Pacific Financial's return on equity of 16.62% beat Independent Bank's return on equity.

Company Net Margins Return on Equity Return on Assets
Central Pacific Financial17.82% 12.23% 0.77%
Independent Bank 20.34%16.62%1.20%

Central Pacific Financial presently has a consensus price target of $24.00, indicating a potential upside of 26.32%. Given Independent Bank's stronger consensus rating and higher probable upside, research analysts plainly believe Central Pacific Financial is more favorable than Independent Bank.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Central Pacific Financial
0 Sell rating(s)
0 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
3.00
Independent Bank
0 Sell rating(s)
1 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
2.00

In the previous week, Central Pacific Financial and Central Pacific Financial both had 2 articles in the media. Independent Bank's average media sentiment score of 1.11 beat Central Pacific Financial's score of 0.29 indicating that Central Pacific Financial is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Central Pacific Financial
1 Very Positive mention(s)
1 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Independent Bank
0 Very Positive mention(s)
1 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral

Central Pacific Financial pays an annual dividend of $1.04 per share and has a dividend yield of 5.5%. Independent Bank pays an annual dividend of $0.96 per share and has a dividend yield of 4.0%. Central Pacific Financial pays out 47.9% of its earnings in the form of a dividend. Independent Bank pays out 34.4% 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 has raised its dividend for 10 consecutive years.

Independent Bank has higher revenue and earnings than Central Pacific Financial. Independent Bank is trading at a lower price-to-earnings ratio than Central Pacific Financial, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Central Pacific Financial$246.97M2.08$58.67M$2.178.76
Independent Bank$290.35M1.74$59.07M$2.798.68

88.8% of Central Pacific Financial shares are owned by institutional investors. Comparatively, 78.8% of Independent Bank shares are owned by institutional investors. 2.7% of Central Pacific Financial shares are owned by company insiders. Comparatively, 5.5% of Independent Bank shares are owned by company 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.

Summary

Central Pacific Financial beats Independent Bank on 11 of the 20 factors compared between the two stocks.


Get Independent Bank News Delivered to You Automatically

Sign up to receive the latest news and ratings for IBCP and its competitors with MarketBeat's FREE daily newsletter.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding IBCP and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
Skip Chart

Media Sentiment Over Time

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.
Skip Chart

IBCP vs. The Competition

MetricIndependent BankState commercial banks IndustryFinance SectorNASDAQ Exchange
Market Cap$504.54M$2.07B$7.89B$7.46B
Dividend Yield3.97%4.18%10.76%3.86%
P/E Ratio8.6810.8158.8118.27
Price / Sales1.742.143,505.1368.34
Price / Cash6.887.8829.4154.77
Price / Book1.471.112.354.77
Net Income$59.07M$401.86M$791.15M$205.13M
7 Day Performance-3.20%-0.22%0.35%0.64%
1 Month Performance-6.31%-5.06%1.02%7.69%
1 Year Performance8.86%-10.88%2.22%6.22%

Independent Bank Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
CPF
Central Pacific Financial
4.9642 of 5 stars
$19.06
+0.1%
$24.00
+25.9%
-18.1%$515.38M$329.32M8.78735Positive News
HTBK
Heritage Commerce
4.7205 of 5 stars
$8.35
-0.2%
$10.75
+28.7%
-32.5%$511.33M$192.22M7.88349
CATC
Cambridge Bancorp
3.3577 of 5 stars
$65.77
-1.9%
$73.15
+11.2%
-19.7%$516.29M$260.26M15.15440Positive News
EQBK
Equity Bancshares
3.7564 of 5 stars
$32.84
-0.5%
$30.00
-8.6%
+6.2%$506.06M$227.58M69.87732
CCB
Coastal Financial
4.8145 of 5 stars
$39.63
-1.5%
$57.33
+44.7%
-13.4%$527.08M$537.55M12.12528
FMNB
Farmers National Banc
2.4192 of 5 stars
$14.15
-0.6%
$15.33
+8.4%
-4.6%$530.48M$255.20M10.56546Analyst Report
News Coverage
TRST
TrustCo Bank Corp NY
4.6752 of 5 stars
$27.88
-1.5%
N/A-24.3%$538.38M$190.16M9.05750Dividend Announcement
MCB
Metropolitan Bank
4.2796 of 5 stars
$43.74
-2.4%
$56.50
+29.2%
-24.6%$483.76M$403.31M6.37239Gap Down
LBC
Luther Burbank
4.2246 of 5 stars
$9.46
-1.6%
$11.00
+16.3%
-20.6%$482.65M$262.61M13.32256Positive News
CCBG
Capital City Bank Group
4.0248 of 5 stars
$28.35
-0.8%
$34.67
+22.3%
-19.0%$480.76M$239.69M8.83992

Related Companies and Tools

This page (NASDAQ:IBCP) was last updated on 2/26/2024 by MarketBeat.com Staff