MPB vs. MCBC, RBB, BWB, RRBI, MOFG, FFIC, ACNB, FBIZ, INBK, and WTBA
Should you be buying Mid Penn Bancorp stock or one of its competitors? The main competitors of Mid Penn Bancorp include Macatawa Bank (MCBC), RBB Bancorp (RBB), Bridgewater Bancshares (BWB), Red River Bancshares (RRBI), MidWestOne Financial Group (MOFG), Flushing Financial (FFIC), ACNB (ACNB), First Business Financial Services (FBIZ), First Internet Bancorp (INBK), and West Bancorporation (WTBA). These companies are all part of the "state commercial banks" industry.
Macatawa Bank (NASDAQ:MCBC) and Mid Penn Bancorp (NASDAQ:MPB) are both small-cap finance companies, but which is the better business? We will contrast the two businesses based on the strength of their media sentiment, analyst recommendations, earnings, risk, valuation, profitability, community ranking, institutional ownership and dividends.
Macatawa Bank has a beta of 0.67, suggesting that its stock price is 33% less volatile than the S&P 500. Comparatively, Mid Penn Bancorp has a beta of 0.57, suggesting that its stock price is 43% less volatile than the S&P 500.
Macatawa Bank received 88 more outperform votes than Mid Penn Bancorp when rated by MarketBeat users. Likewise, 59.27% of users gave Macatawa Bank an outperform vote while only 56.91% of users gave Mid Penn Bancorp an outperform vote.
Macatawa Bank pays an annual dividend of $0.36 per share and has a dividend yield of 2.6%. Mid Penn Bancorp pays an annual dividend of $0.80 per share and has a dividend yield of 4.1%. Macatawa Bank pays out 28.6% of its earnings in the form of a dividend. Mid Penn Bancorp pays out 35.1% 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. Macatawa Bank has raised its dividend for 1 consecutive years.
Macatawa Bank has higher earnings, but lower revenue than Mid Penn Bancorp. Mid Penn Bancorp is trading at a lower price-to-earnings ratio than Macatawa Bank, indicating that it is currently the more affordable of the two stocks.
42.5% of Macatawa Bank shares are owned by institutional investors. Comparatively, 43.1% of Mid Penn Bancorp shares are owned by institutional investors. 8.6% of Macatawa Bank shares are owned by insiders. Comparatively, 10.7% of Mid Penn 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.
Macatawa Bank has a net margin of 32.68% compared to Macatawa Bank's net margin of 14.59%. Mid Penn Bancorp's return on equity of 15.99% beat Macatawa Bank's return on equity.
Macatawa Bank currently has a consensus price target of $11.75, indicating a potential downside of 15.22%. Mid Penn Bancorp has a consensus price target of $26.00, indicating a potential upside of 32.32%. Given Macatawa Bank's higher possible upside, analysts clearly believe Mid Penn Bancorp is more favorable than Macatawa Bank.
In the previous week, Macatawa Bank had 9 more articles in the media than Mid Penn Bancorp. MarketBeat recorded 9 mentions for Macatawa Bank and 0 mentions for Mid Penn Bancorp. Macatawa Bank's average media sentiment score of 1.88 beat Mid Penn Bancorp's score of 0.35 indicating that Mid Penn Bancorp is being referred to more favorably in the news media.
Summary
Macatawa Bank beats Mid Penn Bancorp on 12 of the 19 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding MPB 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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