Contrasting Seacoast Banking Corporation of Florida (SBCF) and Cascade Bancorp (CACB)

Seacoast Banking Corporation of Florida (NASDAQ: SBCF) and Cascade Bancorp (NASDAQ:CACB) are both finance companies, but which is the superior business? We will compare the two companies based on the strength of their earnings, dividends, risk, institutional ownership, valuation, profitability and analyst recommendations.

Insider and Institutional Ownership

74.8% of Seacoast Banking Corporation of Florida shares are held by institutional investors. Comparatively, 82.1% of Cascade Bancorp shares are held by institutional investors. 2.8% of Seacoast Banking Corporation of Florida shares are held by company insiders. Comparatively, 10.1% of Cascade Bancorp shares are held by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company will outperform the market over the long term.

Earnings & Valuation

This table compares Seacoast Banking Corporation of Florida and Cascade Bancorp’s revenue, earnings per share and valuation.

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
Seacoast Banking Corporation of Florida $250.07 million 4.75 $42.87 million $0.98 25.82
Cascade Bancorp N/A N/A N/A $0.30 N/A

Seacoast Banking Corporation of Florida has higher revenue and earnings than Cascade Bancorp. Cascade Bancorp is trading at a lower price-to-earnings ratio than Seacoast Banking Corporation of Florida, indicating that it is currently the more affordable of the two stocks.

Analyst Recommendations

This is a summary of current ratings for Seacoast Banking Corporation of Florida and Cascade Bancorp, as provided by MarketBeat.com.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Seacoast Banking Corporation of Florida 0 1 5 0 2.83
Cascade Bancorp 0 0 0 0 N/A

Seacoast Banking Corporation of Florida presently has a consensus target price of $29.00, suggesting a potential upside of 14.62%.

Profitability

This table compares Seacoast Banking Corporation of Florida and Cascade Bancorp’s net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Seacoast Banking Corporation of Florida 17.14% 9.92% 1.08%
Cascade Bancorp 20.91% 7.25% 0.87%

Summary

Seacoast Banking Corporation of Florida beats Cascade Bancorp on 6 of the 9 factors compared between the two stocks.

About Seacoast Banking Corporation of Florida

Seacoast Banking Corporation of Florida is a bank holding company. The Company’s principal subsidiary is Seacoast National Bank, a national banking association (the Bank). The Company and its subsidiaries offer an array of deposit accounts and retail banking services, engage in consumer and commercial lending and provide a range of trust and asset management services, as well as securities and annuity products to its customers. The Company, through its bank subsidiary, provides a range of community banking services to commercial, small business and retail customers, offering a range of transaction and savings deposit products, treasury management services, brokerage, and secured and unsecured loan products, including revolving credit facilities, letters of credit and similar financial guarantees, and asset based financing. The Bank also provides trust and investment management services to retirement plans, corporations and individuals.

About Cascade Bancorp

Cascade Bancorp is a United States-based bank holding company. The Company operates through its subsidiary, Bank of the Cascades (the Bank). The Bank is an Oregon state chartered bank. The Bank offers a range of commercial and retail banking services to its customers. It provides commercial real estate loans, real estate construction and development loans, and commercial and industrial loans, as well as consumer installment, line-of-credit, credit card and home equity loans. It also originates residential mortgage loans. It provides consumer and business deposit services, including checking, money market, time deposit accounts and related payment services, Internet banking, electronic bill payment and remote deposits. It provides trust and investment related services. As of December 31, 2015, the Bank operated 37 branches serving communities in Central, Southern and Northwest Oregon, as well as in the greater Boise/Treasure Valley, Idaho and Seattle, Washington areas.

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