ConnectOne Bancorp (CNOB) Competitors

$21.12
+0.49 (+2.38%)
(As of 05/17/2024 ET)

CNOB vs. PFC, AMAL, FMBH, CTBI, SBSI, UVSP, OSBC, LBAI, FCBC, and CFB

Should you be buying ConnectOne Bancorp stock or one of its competitors? The main competitors of ConnectOne Bancorp include Premier Financial (PFC), Amalgamated Financial (AMAL), First Mid Bancshares (FMBH), Community Trust Bancorp (CTBI), Southside Bancshares (SBSI), Univest Financial (UVSP), Old Second Bancorp (OSBC), Lakeland Bancorp (LBAI), First Community Bankshares (FCBC), and CrossFirst Bankshares (CFB). These companies are all part of the "state commercial banks" industry.

ConnectOne Bancorp vs.

ConnectOne Bancorp (NASDAQ:CNOB) and Premier Financial (NASDAQ:PFC) are both small-cap finance companies, but which is the superior business? We will contrast the two businesses based on the strength of their analyst recommendations, profitability, risk, institutional ownership, valuation, dividends, media sentiment, community ranking and earnings.

ConnectOne Bancorp has a beta of 1.25, suggesting that its stock price is 25% more volatile than the S&P 500. Comparatively, Premier Financial has a beta of 1.27, suggesting that its stock price is 27% more volatile than the S&P 500.

Premier Financial has a net margin of 23.67% compared to ConnectOne Bancorp's net margin of 15.29%. Premier Financial's return on equity of 9.12% beat ConnectOne Bancorp's return on equity.

Company Net Margins Return on Equity Return on Assets
ConnectOne Bancorp15.29% 7.39% 0.83%
Premier Financial 23.67%9.12%1.01%

ConnectOne Bancorp currently has a consensus target price of $24.50, suggesting a potential upside of 16.00%. Premier Financial has a consensus target price of $22.50, suggesting a potential upside of 5.63%. Given ConnectOne Bancorp's stronger consensus rating and higher probable upside, research analysts plainly believe ConnectOne Bancorp is more favorable than Premier Financial.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
ConnectOne Bancorp
0 Sell rating(s)
0 Hold rating(s)
3 Buy rating(s)
1 Strong Buy rating(s)
3.25
Premier Financial
0 Sell rating(s)
2 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
2.33

Premier Financial has lower revenue, but higher earnings than ConnectOne Bancorp. Premier Financial is trading at a lower price-to-earnings ratio than ConnectOne Bancorp, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
ConnectOne Bancorp$504.07M1.61$87M$1.8911.17
Premier Financial$456.36M1.67$111.29M$3.106.87

67.7% of ConnectOne Bancorp shares are owned by institutional investors. Comparatively, 66.1% of Premier Financial shares are owned by institutional investors. 6.4% of ConnectOne Bancorp shares are owned by company insiders. Comparatively, 2.2% of Premier Financial shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock will outperform the market over the long term.

In the previous week, Premier Financial had 1 more articles in the media than ConnectOne Bancorp. MarketBeat recorded 3 mentions for Premier Financial and 2 mentions for ConnectOne Bancorp. Premier Financial's average media sentiment score of 1.14 beat ConnectOne Bancorp's score of 0.05 indicating that Premier Financial is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
ConnectOne Bancorp
0 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
2 Negative mention(s)
0 Very Negative mention(s)
Neutral
Premier Financial
2 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

ConnectOne Bancorp pays an annual dividend of $0.72 per share and has a dividend yield of 3.4%. Premier Financial pays an annual dividend of $1.24 per share and has a dividend yield of 5.8%. ConnectOne Bancorp pays out 38.1% of its earnings in the form of a dividend. Premier Financial pays out 40.0% 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.

ConnectOne Bancorp received 246 more outperform votes than Premier Financial when rated by MarketBeat users. Likewise, 58.82% of users gave ConnectOne Bancorp an outperform vote while only 40.00% of users gave Premier Financial an outperform vote.

CompanyUnderperformOutperform
ConnectOne BancorpOutperform Votes
260
58.82%
Underperform Votes
182
41.18%
Premier FinancialOutperform Votes
14
40.00%
Underperform Votes
21
60.00%

Summary

ConnectOne Bancorp beats Premier Financial on 11 of the 21 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding CNOB and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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CNOB vs. The Competition

MetricConnectOne BancorpState commercial banks IndustryFinance SectorNASDAQ Exchange
Market Cap$809.53M$2.26B$9.64B$7.94B
Dividend Yield3.55%4.25%6.41%3.91%
P/E Ratio11.1712.4851.6818.78
Price / Sales1.612.023,610.74111.67
Price / Cash8.308.6928.8732.08
Price / Book0.731.053.284.68
Net Income$87M$359.68M$1.01B$217.01M
7 Day Performance4.81%1.74%1.67%2.90%
1 Month Performance16.69%7.87%5.22%6.58%
1 Year Performance49.15%30.73%18.39%10.15%

ConnectOne Bancorp Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
PFC
Premier Financial
4.283 of 5 stars
$21.03
-0.1%
$22.50
+7.0%
+45.2%$753.08M$456.36M6.781,023Positive News
AMAL
Amalgamated Financial
2.9576 of 5 stars
$25.25
-0.1%
$29.50
+16.8%
+67.5%$771.34M$289.57M8.25425
FMBH
First Mid Bancshares
2.9475 of 5 stars
$32.63
-0.8%
$37.00
+13.4%
+39.2%$779.86M$386.95M10.531,219Ex-Dividend
Short Interest ↑
CTBI
Community Trust Bancorp
3.4029 of 5 stars
$43.90
+1.0%
$48.00
+9.3%
+24.4%$791.52M$326.31M10.19945Positive News
SBSI
Southside Bancshares
4.2103 of 5 stars
$27.96
+0.4%
$32.67
+16.8%
-1.1%$846.63M$395.58M10.39815
UVSP
Univest Financial
2.2318 of 5 stars
$22.67
+0.4%
$21.00
-7.4%
+23.9%$663.55M$448.55M9.49920
OSBC
Old Second Bancorp
3.3263 of 5 stars
$14.57
-0.3%
$17.67
+21.3%
+23.5%$653.46M$326.15M7.40834Positive News
LBAI
Lakeland Bancorp
4.7527 of 5 stars
$13.28
+0.8%
$14.15
+6.6%
+1.1%$865.26M$289.32M10.38826Short Interest ↓
Positive News
FCBC
First Community Bankshares
3.1949 of 5 stars
$35.31
+1.4%
$33.00
-6.5%
+42.3%$647.94M$174.62M13.03616Short Interest ↓
Positive News
CFB
CrossFirst Bankshares
3.5736 of 5 stars
$13.12
-0.5%
$17.00
+29.6%
+28.6%$646.69M$455.82M9.51453News Coverage

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This page (NASDAQ:CNOB) was last updated on 5/18/2024 by MarketBeat.com Staff

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