Head to Head Survey: CPB (NYSE:CPF) versus Glacier Bancorp (NYSE:GBCI)

CPB (NYSE:CPF) and Glacier Bancorp (NYSE:GBCI) are both finance companies, but which is the better business? We will contrast the two businesses based on the strength of their valuation, dividends, profitability, earnings, institutional ownership, risk and analyst recommendations.

Dividends

CPB pays an annual dividend of $1.16 per share and has a dividend yield of 3.3%. Glacier Bancorp pays an annual dividend of $1.32 per share and has a dividend yield of 2.7%. CPB pays out 38.8% of its earnings in the form of a dividend. Glacier Bancorp pays out 61.7% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. CPB has increased its dividend for 1 consecutive years. CPB is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.

Institutional & Insider Ownership

88.4% of CPB shares are held by institutional investors. Comparatively, 80.2% of Glacier Bancorp shares are held by institutional investors. 1.7% of CPB shares are held by company insiders. Comparatively, 0.5% of Glacier Bancorp shares are held by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock is poised for long-term growth.

Risk and Volatility

CPB has a beta of 0.86, meaning that its share price is 14% less volatile than the S&P 500. Comparatively, Glacier Bancorp has a beta of 0.76, meaning that its share price is 24% less volatile than the S&P 500.

Valuation and Earnings

This table compares CPB and Glacier Bancorp”s top-line revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
CPB	$292.76 million	3.10	$77.48 million	$2.99	11.65
Glacier Bancorp	$1.44 billion	4.42	$239.03 million	$2.14	22.79

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

Profitability

This table compares CPB and Glacier Bancorp’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
CPB	21.96%	13.93%	1.10%
Glacier Bancorp	17.60%	7.19%	0.92%

Analyst Ratings

This is a summary of current ratings and target prices for CPB and Glacier Bancorp, as provided by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
CPB	0	1	2	0	2.67
Glacier Bancorp	1	3	4	0	2.38

CPB presently has a consensus price target of $37.00, indicating a potential upside of 6.25%. Glacier Bancorp has a consensus price target of $55.17, indicating a potential upside of 13.12%. Given Glacier Bancorp’s higher probable upside, analysts plainly believe Glacier Bancorp is more favorable than CPB.

Summary

CPB beats Glacier Bancorp on 11 of the 17 factors compared between the two stocks.

About CPB

Central Pacific Financial Corp. operates as the bank holding company for Central Pacific Bank that provides a range of commercial banking products and services to businesses, professionals, and individuals in the United States. It offers various deposit products and services, including checking, savings and time deposits, cash management and digital banking, trust, and retail brokerage services, as well as money market accounts and certificates of deposit. The company also provides various lending activities, such as commercial, commercial and residential mortgage, home equity, and consumer loans; and other products and services comprising debit cards, internet and mobile banking, cash management services, full-service ATMs, safe deposit boxes, international banking services, night depository facilities, foreign exchange, and wire transfers. In addition, it offers wealth management products and services that include non-deposit investment products, annuities, insurance, investment management, asset custody and general consultation, and planning services. The company was founded in 1954 and is headquartered in Honolulu, Hawaii.

About Glacier Bancorp

Glacier Bancorp, Inc. operates as the bank holding company for Glacier Bank that provides commercial banking services to individuals, small to medium-sized businesses, community organizations, and public entities in the United States. It offers non-interest bearing deposit and interest bearing deposit accounts, such as negotiable order of withdrawal and demand deposit accounts, savings accounts, money market deposit accounts, fixed rate certificates of deposit, negotiated-rate jumbo certificates, and individual retirement accounts. The company also provides construction and permanent loans on residential real estate; consumer land or lot acquisition loans; unimproved land and land development loans; and residential builder guidance lines comprising pre-sold and spec-home construction, and lot acquisition loans. In addition, it offers commercial real estate loans to purchase, construct, and finance commercial real estate properties; consumer loans secured by real estate, automobiles, or other assets; paycheck protection program loans; home equity loans consisting of junior lien mortgages, and first and junior lien lines of credit secured by owner-occupied 1-4 family residences; and agriculture loans. Further, the company provides mortgage origination and loan servicing services. It has 224 locations, including 188 branches and 36 loan or administration offices in 75 counties within 8 states comprising Montana, Idaho, Utah, Washington, Wyoming, Colorado, Arizona, and Nevada. The company was founded in 1955 and is headquartered in Kalispell, Montana.