Shore Community Bank (OTCMKTS:SHRC) and First of Long Island (NASDAQ:FLIC) are both small-cap finance companies, but which is the better business? We will compare the two companies based on the strength of their institutional ownership, risk, earnings, profitability, analyst recommendations, dividends and valuation.
Insider & Institutional Ownership
48.9% of First of Long Island shares are held by institutional investors. 4.9% of First of Long Island shares are held by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock will outperform the market over the long term.
This is a summary of recent ratings for Shore Community Bank and First of Long Island, as provided by MarketBeat.com.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
|Shore Community Bank||0||0||0||0||N/A|
|First of Long Island||0||1||0||0||2.00|
Volatility & Risk
Shore Community Bank has a beta of 0.69, suggesting that its share price is 31% less volatile than the S&P 500. Comparatively, First of Long Island has a beta of 0.58, suggesting that its share price is 42% less volatile than the S&P 500.
Shore Community Bank pays an annual dividend of $0.30 per share and has a dividend yield of 1.8%. First of Long Island pays an annual dividend of $0.72 per share and has a dividend yield of 3.1%. First of Long Island pays out 41.1% of its earnings in the form of a dividend. First of Long Island has raised its dividend for 13 consecutive years. First of Long Island is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.
Valuation & Earnings
This table compares Shore Community Bank and First of Long Island’s revenue, earnings per share (EPS) and valuation.
|Gross Revenue||Price/Sales Ratio||Net Income||Earnings Per Share||Price/Earnings Ratio|
|Shore Community Bank||N/A||N/A||N/A||N/A||N/A|
|First of Long Island||$154.46 million||4.14||$41.56 million||$1.75||13.22|
First of Long Island has higher revenue and earnings than Shore Community Bank.
This table compares Shore Community Bank and First of Long Island’s net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
|Shore Community Bank||N/A||N/A||N/A|
|First of Long Island||26.90%||11.21%||1.04%|
First of Long Island beats Shore Community Bank on 8 of the 10 factors compared between the two stocks.
Shore Community Bank Company Profile
Shore Community Bank, a state chartered bank, provides banking products and services to businesses and individuals in Ocean County, New Jersey. The company's deposit products include checking accounts, savings accounts, certificates of deposit, individual retirement accounts, money market accounts, visa/mastercard merchant deposit accounts, and payroll/direct deposit accounts. Its loan portfolio comprises personal, home equity, term, and demand loans; lines of credit; letters of credit; commercial mortgages; and construction lending. The company also offers direct deposit and electronic transfer, wire transfer, ACH origination, night depository, tenant rent security, signature guarantee, remote deposit, notary, and automated asset management services; safe deposit boxes, escrow accounts, and debit cards, as well as online and telephone banking services. As of April 28, 2016, it operated five banking offices located in Toms River, Jackson, and Manahawkin, New Jersey. Shore Community Bank was incorporated in 1996 and is headquartered in Toms River, New Jersey.
First of Long Island Company Profile
The First of Long Island Corporation operates as the holding company for The First National Bank of Long Island that provides financial services to small and medium-sized businesses, professionals, consumers, public bodies, and other organizations. Its deposit products include business and small business checking, personal checking products, savings accounts, negotiable order of withdrawal accounts and IOLA, escrow service accounts, rent security accounts, time deposits, holiday club accounts, and individual retirement accounts, as well as money market products. The company's loan portfolio comprises commercial and industrial loans, small business credit scored loans, residential and commercial mortgage loans, home equity lines of credit, construction loans, and commercial and standby letters of credit, as well as auto, home improvement, and other consumer loans. It also offers account reconciliation services, ACH origination, ATM banking and deposit automation, bank by mail, bill payment, cash management services, collection services, controlled disbursement accounts, foreign currency sales and purchases, healthcare remittance automation, debit cards, lock box services, merchant credit card services, and mobile capture services, as well as mutual funds, annuities, and life insurance. In addition, the company provides night depository services, payroll services, personal money orders, remote deposit, safe deposit boxes, securities transactions, signature guarantee services, travelers checks, investment management and trust services, domestic and international wire transfers, and withholding tax depository services, as well as drive-through, mobile, online, and telephone banking services. It operates through a network of 51 branches, including 6 full-service branches in Queens, 3 in Brooklyn, and 2 commercial banking offices in Manhattan. The First of Long Island Corporation was founded in 1927 and is headquartered in Glen Head, New York.
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