TRST vs. CTBI, ABTX, LBAI, BMTC, OBNK, AGM, NWBI, PFS, BHLB, and OCFC
Should you be buying TrustCo Bank Corp NY stock or one of its competitors? The main competitors of TrustCo Bank Corp NY include Community Trust Bancorp (CTBI), Allegiance Bancshares (ABTX), Lakeland Bancorp (LBAI), Bryn Mawr Bank (BMTC), Origin Bancorp (OBNK), Federal Agricultural Mortgage (AGM), Northwest Bancshares (NWBI), Provident Financial Services (PFS), Berkshire Hills Bancorp (BHLB), and OceanFirst Financial (OCFC). These companies are all part of the "finance" sector.
TrustCo Bank Corp NY (NASDAQ:TRST) and Community Trust Bancorp (NASDAQ:CTBI) are both small-cap finance companies, but which is the better investment? We will compare the two businesses based on the strength of their media sentiment, dividends, community ranking, earnings, valuation, institutional ownership, risk, profitability and analyst recommendations.
68.6% of TrustCo Bank Corp NY shares are held by institutional investors. Comparatively, 60.2% of Community Trust Bancorp shares are held by institutional investors. 3.3% of TrustCo Bank Corp NY shares are held by insiders. Comparatively, 4.3% of Community Trust Bancorp shares are held by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company is poised for long-term growth.
Community Trust Bancorp has higher revenue and earnings than TrustCo Bank Corp NY. Community Trust 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.
In the previous week, TrustCo Bank Corp NY had 5 more articles in the media than Community Trust Bancorp. MarketBeat recorded 7 mentions for TrustCo Bank Corp NY and 2 mentions for Community Trust Bancorp. Community Trust Bancorp's average media sentiment score of 1.62 beat TrustCo Bank Corp NY's score of 1.54 indicating that Community Trust Bancorp is being referred to more favorably in the news media.
Community Trust Bancorp received 53 more outperform votes than TrustCo Bank Corp NY when rated by MarketBeat users. However, 53.77% of users gave TrustCo Bank Corp NY an outperform vote while only 52.34% of users gave Community Trust Bancorp an outperform vote.
Community Trust Bancorp has a net margin of 22.64% compared to TrustCo Bank Corp NY's net margin of 21.17%. Community Trust Bancorp's return on equity of 11.36% beat TrustCo Bank Corp NY's return on equity.
Community Trust Bancorp has a consensus price target of $48.00, indicating a potential upside of 13.99%. Given Community Trust Bancorp's higher probable upside, analysts plainly believe Community Trust 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 5.2%. Community Trust Bancorp pays an annual dividend of $1.84 per share and has a dividend yield of 4.4%. TrustCo Bank Corp NY pays out 51.6% of its earnings in the form of a dividend. Community Trust Bancorp pays out 42.7% 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.
TrustCo Bank Corp NY has a beta of 0.84, meaning that its share price is 16% less volatile than the S&P 500. Comparatively, Community Trust Bancorp has a beta of 0.68, meaning that its share price is 32% less volatile than the S&P 500.
Summary
Community Trust Bancorp beats TrustCo Bank Corp NY on 13 of the 19 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding TRST 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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