Alerus Financial (ALRS) vs Independent Bank Corp. (IBCP)

Alerus Financial and Independent Bank Corp. are both Banks Regional companies. Alerus Financial and Independent Bank Corp. are of similar size ($802.9M and $790.7M). Independent Bank Corp. trades at the lower P/E: 10.3× against 29.8×. Independent Bank Corp. grew revenue faster over the last twelve months: 0.86% against −11.8%. Independent Bank Corp. has the higher net margin (22.3% vs 8.25%) and the higher return on invested capital (10.0% vs 4.25%). Both pay a dividend; Independent Bank Corp. yields more (4.05% vs 3.48%). Across the 20 metrics below, Independent Bank Corp. leads on 14 and Alerus Financial on 6.