Critical Survey: Seacoast Banking Corporation of Florida (NASDAQ:SBCF) & Patriot National Bancorp (NASDAQ:PNBK)

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

Earnings and Valuation

This table compares Seacoast Banking Corporation of Florida and Patriot National Bancorp”s top-line revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Seacoast Banking Corporation of Florida	$732.57 million	4.58	$144.88 million	$1.57	22.00
Patriot National Bancorp	$58.36 million	2.39	-$12.71 million	($0.13)	-9.12

Seacoast Banking Corporation of Florida has higher revenue and earnings than Patriot National Bancorp. Patriot National 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.

Profitability

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

	Net Margins	Return on Equity	Return on Assets
Seacoast Banking Corporation of Florida	15.11%	8.68%	1.14%
Patriot National Bancorp	-19.14%	-13.71%	-1.13%

Risk & Volatility

Seacoast Banking Corporation of Florida has a beta of 0.85, suggesting that its share price is 15% less volatile than the S&P 500. Comparatively, Patriot National Bancorp has a beta of -0.66, suggesting that its share price is 166% less volatile than the S&P 500.

Insider and Institutional Ownership

81.8% of Seacoast Banking Corporation of Florida shares are owned by institutional investors. Comparatively, 39.3% of Patriot National Bancorp shares are owned by institutional investors. 1.5% of Seacoast Banking Corporation of Florida shares are owned by company insiders. Comparatively, 12.8% of Patriot National Bancorp shares are owned by company 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 breakdown of recent recommendations and price targets for Seacoast Banking Corporation of Florida and Patriot National Bancorp, as reported by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Seacoast Banking Corporation of Florida	0	2	3	0	2.60
Patriot National Bancorp	1	0	0	0	1.00

Seacoast Banking Corporation of Florida currently has a consensus target price of $35.50, suggesting a potential upside of 2.79%. Given Seacoast Banking Corporation of Florida’s stronger consensus rating and higher possible upside, equities research analysts clearly believe Seacoast Banking Corporation of Florida is more favorable than Patriot National Bancorp.

Summary

Seacoast Banking Corporation of Florida beats Patriot National Bancorp on 13 of the 14 factors compared between the two stocks.

About Seacoast Banking Corporation of Florida

Seacoast Banking Corp. of Florida is a financial holding company, which engages in the provision of integrated financial services. It provides banking and investment services to businesses and consumers, including personal and business deposit products, Internet and mobile banking, personal, commercial and mortgage loans, wealth management services, and treasury management solutions. The company was founded in 1983 and is headquartered in Stuart, FL.

About Patriot National Bancorp

Patriot National Bancorp, Inc. operates as the holding company for Patriot Bank, N.A. that provides community banking services to individuals, small and medium-sized businesses, and professionals. The company accepts consumer and commercial deposit accounts, such as checking, interest-bearing negotiable order of withdrawal, money market, time certificates of deposit, savings, prepaid deposit, on-line national money market, individual retirement accounts, and health savings accounts, as well as certificate of deposit account registry service. Its loan portfolio comprises commercial real estate, commercial business, small business administration, construction, purchased residential real estate, and various consumer loans. The company also offers automated clearing house transfers, lockbox, internet banking, bill payment, remote deposit capture, debit card, money order, traveler's check, and automatic teller machine services. Patriot National Bancorp, Inc. was founded in 1994 and is headquartered in Stamford, Connecticut.