Comparison of Seacoast Banking Corporation of Florida (SBCF) and Old Point Financial Corporation (NASDAQ:OPOF)

We are comparing Seacoast Banking Corporation of Florida (NASDAQ:SBCF) and Old Point Financial Corporation (NASDAQ:OPOF) on their profitability, analyst recommendations, risk, institutional ownership, dividends, earnings and valuation. They both are Regional – Mid-Atlantic Banks companies, competing one another.

Earnings & Valuation

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
Seacoast Banking Corporation of Florida 260.77M 5.17 71.95M 1.39 20.93
Old Point Financial Corporation 44.88M 2.55 6.00M 0.96 24.34

Table 1 demonstrates Seacoast Banking Corporation of Florida and Old Point Financial Corporation’s gross revenue, earnings per share (EPS) and valuation. Old Point Financial Corporation is observed to has lower revenue and earnings than Seacoast Banking Corporation of Florida. The business with a lower P/E ratio is presently more affordable of the two stocks. Seacoast Banking Corporation of Florida’s shares have been trading at lower P/E ratio which means it is presently more affordable than Old Point Financial Corporation.

Profitability

Table 2 provides Seacoast Banking Corporation of Florida and Old Point Financial Corporation’s return on equity, net margins and return on assets.

Net Margins Return on Equity Return on Assets
Seacoast Banking Corporation of Florida 27.59% 8.9% 1.1%
Old Point Financial Corporation 13.37% -0.2% 0%

Risk and Volatility

Seacoast Banking Corporation of Florida’s volatility measures that it’s 27.00% less volatile than Standard & Poor’s 500 due to its 0.73 beta. Old Point Financial Corporation on the other hand, has 0.47 beta which makes it 53.00% less volatile compared to Standard & Poor’s 500.

Dividends

On the other side Old Point Financial Corporation pays an annual dividend of $0.45 per share. It’s dividend yield is 2.11%. Seacoast Banking Corporation of Florida does not offer a dividend.

Analyst Recommendations

Recommendations and Ratings for Seacoast Banking Corporation of Florida and Old Point Financial Corporation can be find in next table.

Sell Ratings Hold Ratings Buy Ratings Rating Score
Seacoast Banking Corporation of Florida 0 0 2 3.00
Old Point Financial Corporation 0 0 0 0.00

Seacoast Banking Corporation of Florida has a consensus target price of $32, and a 21.26% upside potential.

Institutional and Insider Ownership

Institutional investors owned 94.5% of Seacoast Banking Corporation of Florida shares and 39.5% of Old Point Financial Corporation shares. Insiders owned roughly 1% of Seacoast Banking Corporation of Florida’s shares. Competitively, insiders own roughly 0.5% of Old Point Financial Corporation’s shares.

Performance

In this table we show the Weekly, Monthly, Quarterly, Half Yearly, Yearly and YTD Performance of both pretenders.

Performance (W) Performance (M) Performance (Q) Performance (HY) Performance (Y) Performance (YTD)
Seacoast Banking Corporation of Florida -0.68% 5.56% 0.28% -7.19% 11.22% 11.64%
Old Point Financial Corporation 0.78% 4.31% -14.65% -18.26% -13.22% 6.46%

For the past year Seacoast Banking Corporation of Florida’s stock price has bigger growth than Old Point Financial Corporation.

Summary

On 12 of the 14 factors Seacoast Banking Corporation of Florida beats Old Point Financial Corporation.

Seacoast Banking Corporation of Florida operates as the bank holding company for Seacoast National Bank that provides community banking services to the commercial, small business, and retail customers in Florida. It offers various transaction and savings deposit products; secured and unsecured loan products, including revolving credit facilities, letters of credit and related financial guarantees, and asset based financing; and securities and annuity products. The company also provides trust and asset management services to retirement plans, corporations, and individuals; treasury management services; brokerage services; and Internet and mobile banking services. As of December 31, 2016, it had 46 branch offices, 5 commercial lending offices, and its main office in Florida. Seacoast Banking Corporation of Florida was founded in 1926 and is based in Stuart, Florida.

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