HarborOne Bancorp (HONE) and First Mid-Illinois Bancshares, Inc. Common Stock (FMBH) Head-To-Head Comparison

HarborOne Bancorp (NASDAQ: HONE) and First Mid-Illinois Bancshares, Inc. Common Stock (NASDAQ:FMBH) are both small-cap finance companies, but which is the better business? We will compare the two businesses based on the strength of their profitability, risk, dividends, institutional ownership, analyst recommendations, earnings and valuation.

Dividends

First Mid-Illinois Bancshares, Inc. Common Stock pays an annual dividend of $0.10 per share and has a dividend yield of 0.2%. HarborOne Bancorp does not pay a dividend. First Mid-Illinois Bancshares, Inc. Common Stock pays out 4.5% of its earnings in the form of a dividend.

Institutional and Insider Ownership

18.8% of HarborOne Bancorp shares are owned by institutional investors. Comparatively, 21.2% of First Mid-Illinois Bancshares, Inc. Common Stock shares are owned by institutional investors. 2.9% of HarborOne Bancorp shares are owned by insiders. Comparatively, 17.8% of First Mid-Illinois Bancshares, Inc. Common Stock shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock is poised for long-term growth.

Earnings and Valuation

This table compares HarborOne Bancorp and First Mid-Illinois Bancshares, Inc. Common Stock’s gross revenue, earnings per share and valuation.

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
HarborOne Bancorp $144.82 million 4.24 $10.37 million N/A N/A
First Mid-Illinois Bancshares, Inc. Common Stock $129.89 million 4.53 $26.68 million $2.24 18.30

First Mid-Illinois Bancshares, Inc. Common Stock has lower revenue, but higher earnings than HarborOne Bancorp.

Analyst Recommendations

This is a breakdown of current ratings and target prices for HarborOne Bancorp and First Mid-Illinois Bancshares, Inc. Common Stock, as reported by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
HarborOne Bancorp 0 1 1 0 2.50
First Mid-Illinois Bancshares, Inc. Common Stock 0 0 2 0 3.00

HarborOne Bancorp currently has a consensus target price of $19.50, indicating a potential upside of 3.56%. First Mid-Illinois Bancshares, Inc. Common Stock has a consensus target price of $43.00, indicating a potential upside of 4.88%. Given First Mid-Illinois Bancshares, Inc. Common Stock’s stronger consensus rating and higher possible upside, analysts clearly believe First Mid-Illinois Bancshares, Inc. Common Stock is more favorable than HarborOne Bancorp.

Volatility & Risk

HarborOne Bancorp has a beta of 0.21, meaning that its stock price is 79% less volatile than the S&P 500. Comparatively, First Mid-Illinois Bancshares, Inc. Common Stock has a beta of 0.08, meaning that its stock price is 92% less volatile than the S&P 500.

Profitability

This table compares HarborOne Bancorp and First Mid-Illinois Bancshares, Inc. Common Stock’s net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
HarborOne Bancorp 6.68% 3.24% 0.41%
First Mid-Illinois Bancshares, Inc. Common Stock 22.02% 9.82% 1.07%

Summary

First Mid-Illinois Bancshares, Inc. Common Stock beats HarborOne Bancorp on 11 of the 15 factors compared between the two stocks.

HarborOne Bancorp Company Profile

HarborOne Bancorp, Inc. operates as the holding company for HarborOne Bank that provides financial services to individuals, families, small and middle-market businesses, and municipalities throughout Southeastern New England. Its primary deposit products include checking, money market, savings, and term certificate of deposit accounts; and lending products comprise commercial real estate loans, commercial loans, construction loans, one- to four-family residential real estate loans, second mortgages and equity lines of credit, and auto and other consumer loans. The company, through its subsidiary, Merrimack Mortgage Company, LLC, also originates, sells, and services residential mortgage loans. As of December 31, 2017, it operated 14 full-service branches, 2 limited service branches, 1 commercial loan office, 1 lending office, and 13 free-standing ATMs. In addition, the company offers a range of educational services through ?HarborOne U,' with classes on small business, financial literacy, and personal enrichment. HarborOne Bancorp, Inc. was founded in 1917 and is based in Brockton, Massachusetts. HarborOne Bancorp, Inc. is a subsidiary of Harborone Mutual Bancshares, Mhc.

First Mid-Illinois Bancshares, Inc. Common Stock Company Profile

First Mid-Illinois Bancshares, Inc., through its subsidiaries, provides community banking products and services to commercial, retail, and agricultural customers in the United States. The company accepts various deposit products, such as demand deposits, savings accounts, NOW accounts, money market deposits, and time deposits. Its loan products include commercial real estate, commercial and industrial, agricultural and agricultural real estate, residential real estate, and consumer loans; and other loans comprising loans to municipalities to support community projects, such as infrastructure improvements or equipment purchases. The company also offers wealth management services, which include estate planning, investment, and farm management services for individuals; and employee benefit services for business enterprises. In addition, it provides commercial lines insurance to businesses, as well as homeowner, automobile, health, life, and other types of personal lines insurance to individuals. The company operates a network of 52 banking centers in 37 Illinois and Missouri communities. First Mid-Illinois Bancshares, Inc. was incorporated in 1981 and is headquartered in Mattoon, Illinois.

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