Midland States Bancorp vs Seacoast Banking Corp of Florida
MSBI and SBCF side by side, both in commercial banks. Figures are trailing twelve months unless noted, from SEC filings and end-of-day prices.
How MSBI and SBCF compare
Seacoast Banking Corp of Florida is the larger company, worth 4.9 times as much as Midland States Bancorp ($3.3B against $660M).
On earnings, Midland States Bancorp is cheaper: it trades at 14.0× trailing earnings, against 19.9× for Seacoast Banking Corp of Florida.
Seacoast Banking Corp of Florida grew revenue faster over the last twelve months (35.7% versus 0.32% for Midland States Bancorp).
Seacoast Banking Corp of Florida keeps more of each dollar of sales as profit, with a net margin of 23.5% compared with 17.4% at Midland States Bancorp.
Both pay dividends: Midland States Bancorp yields 5.1% and Seacoast Banking Corp of Florida 2.3%.
Midland States Bancorp scores higher on the StockData Score (14 against 11 for Seacoast Banking Corp of Florida), which adds up 30 checks on valuation, growth, past performance, financial health and dividends.
Key numbers
A dot marks the better figure where higher or lower is clearly better.
| Metric | MSBI | SBCF |
|---|---|---|
| Size and price | ||
| Market cap | $660M | $3.3B |
| Share price | $31.72 | $33.58 |
| Change, 1 year | 96.7% | 7.6% |
| Change, 5 years | 26.9% | −8.7% |
| Beta (5Y) | 0.60 | 0.77 |
| Employees | 861 | 867 |
| StockData Score | ||
| Total score | 14 (better) | 11 |
| Valuation score | 2 (better) | 1 |
| Growth score | 1 | 3 (better) |
| Performance score | 1 | 1 |
| Health score | 4 | 4 |
| Dividend score | 6 (better) | 2 |
| Valuation | ||
| P/E | 14.0× (better) | 19.9× |
| P/S | 2.0× (better) | 4.1× |
| P/B | 1.2× (better) | 1.3× |
| P/FCF | 8.7× | – |
| FCF yield | 11.5% | – |
| Fair value | $24.42 | $29.02 |
| Margin of safety | −29.9% | −15.7% (better) |
| Growth | ||
| Revenue growth (TTM) | 0.32% | 35.7% (better) |
| Revenue growth, 5Y average | 4.5% | 15.0% (better) |
| Net income growth (TTM) | – | 28.2% |
| EPS growth (TTM) | – | 0.00% |
| EPS growth, 5Y average | – | 1.7% |
| Profitability | ||
| Net margin | 17.4% | 23.5% (better) |
| FCF margin | 22.6% | – |
| Return on equity | 10.4% (better) | 7.5% |
| Financial health | ||
| Debt / equity | 0.29 | – |
| Altman Z-score | 0.14 | 0.19 (better) |
| Piotroski F-score | 3 | 5 (better) |
| Dividends and buybacks | ||
| Dividend yield | 5.1% (better) | 2.3% |
| Payout ratio | 47.7% | – |
| Years of dividend growth | 11 (better) | 4 |
| Dividend growth, 5Y average | 3.3% | – |
| Buyback yield | 3.1% (better) | 1.2% |
| Shareholder yield | 8.2% (better) | 3.5% |
| Ownership | ||
| Held by institutions | 70.2% | 91.7% |
| Held by insiders | 7.5% | 0.62% |
| Insider net buying, 12 months | $137K (better) | −$3.0M |
| Short interest, % of float | – | 5.2% |
Go deeper
- MSBI stock overview
- MSBI income statement
- MSBI valuation and score
- SBCF stock overview
- SBCF income statement
- SBCF valuation and score
For information only, not investment advice. Check the source filings before relying on any figure.