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ConnectOne Bancorp (CNOB) Competitors

$19.28
-0.94 (-4.65%)
(As of 05/28/2024 ET)

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

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

ConnectOne Bancorp vs.

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

ConnectOne Bancorp currently has a consensus target price of $24.50, indicating a potential upside of 27.07%. First Mid Bancshares has a consensus target price of $37.00, indicating a potential upside of 17.65%. Given ConnectOne Bancorp's stronger consensus rating and higher possible upside, analysts plainly believe ConnectOne Bancorp is more favorable than First Mid Bancshares.

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
First Mid Bancshares
0 Sell rating(s)
0 Hold rating(s)
4 Buy rating(s)
0 Strong Buy rating(s)
3.00

First Mid Bancshares has a net margin of 17.01% compared to ConnectOne Bancorp's net margin of 15.29%. First Mid Bancshares' return on equity of 10.56% beat ConnectOne Bancorp's return on equity.

Company Net Margins Return on Equity Return on Assets
ConnectOne Bancorp15.29% 7.39% 0.83%
First Mid Bancshares 17.01%10.56%1.06%

ConnectOne Bancorp has higher revenue and earnings than First Mid Bancshares. First Mid Bancshares 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$504.07M1.47$87M$1.8910.20
First Mid Bancshares$289.24M2.60$68.93M$3.1010.15

ConnectOne Bancorp has a beta of 1.25, suggesting that its share price is 25% more volatile than the S&P 500. Comparatively, First Mid Bancshares has a beta of 0.87, suggesting that its share price is 13% less volatile than the S&P 500.

ConnectOne Bancorp received 73 more outperform votes than First Mid Bancshares when rated by MarketBeat users. Likewise, 58.82% of users gave ConnectOne Bancorp an outperform vote while only 52.23% of users gave First Mid Bancshares an outperform vote.

CompanyUnderperformOutperform
ConnectOne BancorpOutperform Votes
260
58.82%
Underperform Votes
182
41.18%
First Mid BancsharesOutperform Votes
187
52.23%
Underperform Votes
171
47.77%

ConnectOne Bancorp pays an annual dividend of $0.72 per share and has a dividend yield of 3.7%. First Mid Bancshares pays an annual dividend of $0.92 per share and has a dividend yield of 2.9%. ConnectOne Bancorp pays out 38.1% of its earnings in the form of a dividend. First Mid Bancshares pays out 29.7% 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.

67.7% of ConnectOne Bancorp shares are owned by institutional investors. Comparatively, 47.6% of First Mid Bancshares shares are owned by institutional investors. 6.4% of ConnectOne Bancorp shares are owned by company insiders. Comparatively, 5.2% of First Mid Bancshares shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock is poised for long-term growth.

In the previous week, ConnectOne Bancorp and ConnectOne Bancorp both had 2 articles in the media. ConnectOne Bancorp's average media sentiment score of 1.88 beat First Mid Bancshares' score of 1.87 indicating that ConnectOne Bancorp is being referred to more favorably in the media.

Company Overall Sentiment
ConnectOne Bancorp Very Positive
First Mid Bancshares Very Positive

Summary

ConnectOne Bancorp beats First Mid Bancshares on 13 of the 20 factors compared between the two stocks.

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$739.00M$2.28B$9.33B$8.09B
Dividend Yield3.56%4.27%10.58%3.96%
P/E Ratio10.2012.0348.5018.43
Price / Sales1.472.05232.5672.31
Price / Cash8.268.5616.8928.77
Price / Book0.671.022.474.39
Net Income$87M$400.84M$1.01B$213.55M
7 Day Performance-7.26%-2.20%-1.24%-0.80%
1 Month Performance5.36%1.90%1.85%3.42%
1 Year Performance38.31%29.89%25.10%7.53%

ConnectOne Bancorp Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
FMBH
First Mid Bancshares
2.9478 of 5 stars
$32.88
+0.3%
$37.00
+12.5%
+27.4%$785.83M$386.95M10.611,219
CTBI
Community Trust Bancorp
4.4979 of 5 stars
$43.28
+0.6%
$48.00
+10.9%
+20.8%$780.34M$326.31M10.04945Short Interest ↓
Positive News
PFC
Premier Financial
4.6461 of 5 stars
$21.00
+1.0%
$22.50
+7.1%
+38.8%$752.01M$456.36M6.771,023News Coverage
SBSI
Southside Bancshares
4.189 of 5 stars
$27.89
+0.5%
$32.67
+17.1%
-3.8%$844.51M$395.58M10.37815
LBAI
Lakeland Bancorp
4.6768 of 5 stars
$13.43
+1.1%
$14.15
+5.4%
+0.1%$874.97M$516.18M10.49826Positive News
High Trading Volume
OSBC
Old Second Bancorp
3.7013 of 5 stars
$14.75
+0.4%
$17.67
+19.8%
+16.4%$661.54M$326.15M7.49834Positive News
UVSP
Univest Financial
3.27 of 5 stars
$22.52
+1.0%
$21.00
-6.7%
+19.1%$659.16M$448.55M9.42920Short Interest ↓
CFB
CrossFirst Bankshares
3.6894 of 5 stars
$13.35
+1.1%
$17.00
+27.3%
+29.0%$658.02M$455.82M9.67453Short Interest ↓
MCBS
MetroCity Bankshares
3.6485 of 5 stars
$25.55
+1.3%
$28.00
+9.6%
+47.2%$644.12M$211.03M12.97220Positive News
FCBC
First Community Bankshares
2.7867 of 5 stars
$34.96
+1.3%
$33.00
-5.6%
+24.6%$641.52M$174.62M12.90616Positive News

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This page (NASDAQ:CNOB) was last updated on 5/29/2024 by MarketBeat.com Staff

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