MCBC vs. CATC, FMNB, MCB, HTBK, TRST, CCBG, HONE, IBCP, EQBK, and WASH
Should you be buying Macatawa Bank stock or one of its competitors? The main competitors of Macatawa Bank include Cambridge Bancorp (CATC), Farmers National Banc (FMNB), Metropolitan Bank (MCB), Heritage Commerce (HTBK), TrustCo Bank Corp NY (TRST), Capital City Bank Group (CCBG), HarborOne Bancorp (HONE), Independent Bank (IBCP), Equity Bancshares (EQBK), and Washington Trust Bancorp (WASH). These companies are all part of the "state commercial banks" industry.
Cambridge Bancorp (NASDAQ:CATC) and Macatawa Bank (NASDAQ:MCBC) are both small-cap finance companies, but which is the superior business? We will compare the two companies based on the strength of their valuation, analyst recommendations, risk, media sentiment, dividends, earnings, institutional ownership, community ranking and profitability.
Cambridge Bancorp pays an annual dividend of $2.68 per share and has a dividend yield of 4.2%. Macatawa Bank pays an annual dividend of $0.36 per share and has a dividend yield of 2.5%. Cambridge Bancorp pays out 73.8% of its earnings in the form of a dividend. Macatawa Bank pays out 28.6% 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. Cambridge Bancorp has increased its dividend for 25 consecutive years and Macatawa Bank has increased its dividend for 1 consecutive years. Cambridge Bancorp is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.
55.5% of Cambridge Bancorp shares are held by institutional investors. Comparatively, 42.5% of Macatawa Bank shares are held by institutional investors. 4.5% of Cambridge Bancorp shares are held by company insiders. Comparatively, 8.6% of Macatawa Bank shares are held by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock is poised for long-term growth.
Cambridge Bancorp has a beta of 0.58, indicating that its share price is 42% less volatile than the S&P 500. Comparatively, Macatawa Bank has a beta of 0.67, indicating that its share price is 33% less volatile than the S&P 500.
Macatawa Bank has a net margin of 32.68% compared to Macatawa Bank's net margin of 10.11%. Cambridge Bancorp's return on equity of 15.99% beat Macatawa Bank's return on equity.
Macatawa Bank has lower revenue, but higher earnings than Cambridge Bancorp. Macatawa Bank is trading at a lower price-to-earnings ratio than Cambridge Bancorp, indicating that it is currently the more affordable of the two stocks.
Cambridge Bancorp currently has a consensus target price of $73.15, indicating a potential upside of 11.82%. Macatawa Bank has a consensus target price of $11.75, indicating a potential downside of 17.77%. Given Macatawa Bank's higher probable upside, equities research analysts clearly believe Cambridge Bancorp is more favorable than Macatawa Bank.
Macatawa Bank received 68 more outperform votes than Cambridge Bancorp when rated by MarketBeat users. Likewise, 59.09% of users gave Macatawa Bank an outperform vote while only 56.19% of users gave Cambridge Bancorp an outperform vote.
In the previous week, Cambridge Bancorp had 3 more articles in the media than Macatawa Bank. MarketBeat recorded 13 mentions for Cambridge Bancorp and 10 mentions for Macatawa Bank. Cambridge Bancorp's average media sentiment score of -0.20 beat Macatawa Bank's score of -0.23 indicating that Macatawa Bank is being referred to more favorably in the news media.
Summary
Macatawa Bank beats Cambridge Bancorp on 13 of the 21 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding MCBC 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.
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