Comparing Centerstate Bank (NASDAQ:CSFL) & Heartland Banccorp (NASDAQ:HLAN)

Centerstate Bank (NASDAQ:CSFL) and Heartland Banccorp (OTCMKTS:HLAN) are both finance companies, but which is the better investment? We will contrast the two businesses based on the strength of their institutional ownership, risk, valuation, analyst recommendations, dividends, earnings and profitability.

Earnings and Valuation

This table compares Centerstate Bank and Heartland Banccorp’s gross revenue, earnings per share and valuation.

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
Centerstate Bank $565.76 million 5.61 $156.43 million N/A N/A
Heartland Banccorp $48.79 million 4.02 $11.41 million $6.67 14.54

Centerstate Bank has higher revenue and earnings than Heartland Banccorp.

Dividends

Centerstate Bank pays an annual dividend of $0.44 per share and has a dividend yield of 1.7%. Heartland Banccorp pays an annual dividend of $2.08 per share and has a dividend yield of 2.1%. Heartland Banccorp pays out 31.2% of its earnings in the form of a dividend.

Profitability

This table compares Centerstate Bank and Heartland Banccorp’s net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Centerstate Bank 26.20% 9.63% 1.58%
Heartland Banccorp 22.45% N/A N/A

Insider & Institutional Ownership

76.2% of Centerstate Bank shares are owned by institutional investors. Comparatively, 2.5% of Heartland Banccorp shares are owned by institutional investors. 1.8% of Centerstate Bank shares are owned by insiders. Comparatively, 22.7% of Heartland Banccorp shares are owned by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company is poised for long-term growth.

Analyst Ratings

This is a summary of current ratings and recommmendations for Centerstate Bank and Heartland Banccorp, as provided by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Centerstate Bank 0 1 4 0 2.80
Heartland Banccorp 0 0 1 0 3.00

Centerstate Bank currently has a consensus price target of $28.00, indicating a potential upside of 10.32%. Heartland Banccorp has a consensus price target of $96.00, indicating a potential downside of 1.03%. Given Centerstate Bank’s higher possible upside, research analysts plainly believe Centerstate Bank is more favorable than Heartland Banccorp.

Risk and Volatility

Centerstate Bank has a beta of 1.06, indicating that its share price is 6% more volatile than the S&P 500. Comparatively, Heartland Banccorp has a beta of 0.39, indicating that its share price is 61% less volatile than the S&P 500.

Summary

Centerstate Bank beats Heartland Banccorp on 11 of the 14 factors compared between the two stocks.

About Centerstate Bank

CenterState Bank Corporation operates as the holding company for CenterState Bank, N.A. that provides various consumer and commercial banking services to individuals, businesses, and industries. The company accepts various deposit products, such as savings, demand, negotiable order of withdrawal, and money market deposit accounts, as well as certificates of deposit and time deposits. Its loan products include real estate loans to individuals and businesses for the purchase, improvement of, or investment in real estate; construction of single-family residential and commercial units; and development of single-family residential building lots. The company's loan products also comprise commercial loans to small-to-medium sized businesses for working capital, equipment purchases, and various other business purposes; and consumer loans consisting of loans to individuals for various consumer purposes, as well as business purpose loans. It also offers mutual funds, annuities, and other investment products. In addition, the company sells fixed income securities; and provides hedging, loan brokerage, correspondent bank deposits, safe-keeping, bond accounting, asset/liability consulting, international wires, clearing and corporate checking account, and other correspondent banking related services. As of December 31, 2018, it operated 126 full service banking offices throughout Florida, Georgia, and Alabama; 1 loan production office in Florida; and 1 loan production office in Macon, Georgia. The company was formerly known as CenterState Banks, Inc. and changed its name to CenterState Bank Corporation in September 2017. CenterState Bank Corporation was founded in 1989 and is headquartered in Winter Haven, Florida.

About Heartland Banccorp

Heartland BancCorp operates as the holding company for Heartland Bank that provides various banking products and services to individual and corporate customers in Franklin, Fairfield, and Licking counties of central Ohio. The company offers commercial, small business, and consumer banking services. Its deposit products include checking, savings, and money market accounts, as well as certificates of deposit. The company's loan portfolio comprises mortgage loans; personal loans, such as vehicle loans, home equity loans, and personal unsecured loans; and commercial real estate and construction loans, small business loans, and working capital loans and equipment financing. It also offers credit cards, wire transfers, night depository, safe deposit boxes, cashier's checks, notary services, overdraft protection, retirement planning, wealth management, and online banking services. In addition, the company provides agribusiness lending solutions; alternative investment services; and insurance services comprising life insurance, long-term care insurance, and disability insurance. As of December 19, 2018, it operated 15 full-service banking offices. The company was founded in 1911 and is based in Whitehall, Ohio.

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