ConnectOne Bancorp (CNOB) Competitors

$19.49
+0.45 (+2.36%)
(As of 05/3/2024 ET)

CNOB vs. PFC, FMBH, AMAL, UVSP, CTBI, OSBC, FCBC, GSBC, CFB, and HBT

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

ConnectOne Bancorp vs.

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

66.1% of Premier Financial shares are held by institutional investors. Comparatively, 67.7% of ConnectOne Bancorp shares are held by institutional investors. 2.2% of Premier Financial shares are held by insiders. Comparatively, 6.4% of ConnectOne Bancorp shares are held by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company is poised for long-term growth.

Premier Financial presently has a consensus target price of $22.50, indicating a potential upside of 8.43%. ConnectOne Bancorp has a consensus target price of $24.50, indicating a potential upside of 25.71%. Given Premier Financial's stronger consensus rating and higher probable upside, analysts plainly believe ConnectOne Bancorp is more favorable than Premier Financial.

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

Premier Financial pays an annual dividend of $1.24 per share and has a dividend yield of 6.0%. ConnectOne Bancorp pays an annual dividend of $0.72 per share and has a dividend yield of 3.7%. Premier Financial pays out 40.0% of its earnings in the form of a dividend. ConnectOne Bancorp pays out 38.1% 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. Premier Financial has raised its dividend for 3 consecutive years and ConnectOne Bancorp has raised its dividend for 4 consecutive years.

Premier Financial has higher revenue and 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
Premier Financial$456.36M1.63$111.29M$3.106.69
ConnectOne Bancorp$263.38M2.84$87M$1.8910.31

ConnectOne Bancorp received 246 more outperform votes than Premier Financial when rated by MarketBeat users. Likewise, 58.96% of users gave ConnectOne Bancorp an outperform vote while only 40.00% of users gave Premier Financial an outperform vote.

CompanyUnderperformOutperform
Premier FinancialOutperform Votes
14
40.00%
Underperform Votes
21
60.00%
ConnectOne BancorpOutperform Votes
260
58.96%
Underperform Votes
181
41.04%

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

In the previous week, ConnectOne Bancorp had 1 more articles in the media than Premier Financial. MarketBeat recorded 5 mentions for ConnectOne Bancorp and 4 mentions for Premier Financial. Premier Financial's average media sentiment score of 0.19 beat ConnectOne Bancorp's score of 0.10 indicating that ConnectOne Bancorp is being referred to more favorably in the news media.

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

Premier Financial has a net margin of 23.67% compared to Premier Financial's net margin of 15.29%. ConnectOne Bancorp's return on equity of 9.19% beat Premier Financial's return on equity.

Company Net Margins Return on Equity Return on Assets
Premier Financial23.67% 9.19% 1.01%
ConnectOne Bancorp 15.29%7.41%0.83%

Summary

ConnectOne Bancorp beats Premier Financial on 14 of the 22 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$747.11M$2.24B$9.15B$7.64B
Dividend Yield3.72%4.28%5.99%3.96%
P/E Ratio10.3111.8852.1514.83
Price / Sales2.841.923,562.6188.95
Price / Cash7.588.4627.4835.60
Price / Book0.681.033.174.36
Net Income$87M$415.46M$994.47M$214.81M
7 Day Performance6.50%1.94%0.85%2.25%
1 Month Performance4.34%1.61%-0.12%-2.18%
1 Year Performance41.44%25.27%13.49%11.32%

ConnectOne Bancorp Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
PFC
Premier Financial
2.8794 of 5 stars
$19.38
-0.8%
$22.50
+16.1%
+36.7%$693.80M$456.36M6.251,023
FMBH
First Mid Bancshares
3.2639 of 5 stars
$30.96
-1.6%
$37.00
+19.5%
+33.3%$739.63M$386.95M9.991,219Analyst Revision
News Coverage
AMAL
Amalgamated Financial
3.4365 of 5 stars
$24.54
+0.9%
$29.50
+20.2%
+69.5%$748.47M$387.41M8.02425
UVSP
Univest Financial
2.2104 of 5 stars
$20.87
-2.2%
$21.00
+0.6%
+23.1%$616.29M$448.55M8.73920High Trading Volume
CTBI
Community Trust Bancorp
4.2776 of 5 stars
$42.01
0.0%
$48.00
+14.3%
+26.3%$757.02M$326.31M9.75967Short Interest ↑
Positive News
OSBC
Old Second Bancorp
2.9472 of 5 stars
$13.70
-1.1%
$17.67
+29.0%
+24.3%$614.45M$326.15M6.95834
FCBC
First Community Bankshares
1.7393 of 5 stars
$33.18
-0.4%
$33.00
-0.5%
+50.7%$612.84M$174.62M12.24616
GSBC
Great Southern Bancorp
1.5902 of 5 stars
$51.40
-1.2%
$57.50
+11.9%
+8.8%$602.92M$326.91M10.101,352
CFB
CrossFirst Bankshares
2.8502 of 5 stars
$12.08
-1.7%
$17.00
+40.7%
+31.3%$596.99M$455.82M8.75453
HBT
HBT Financial
3.6355 of 5 stars
$18.46
-1.7%
$21.75
+17.9%
+9.9%$583.36M$265.05M8.17844Positive News

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This page (NASDAQ:CNOB) was last updated on 5/4/2024 by MarketBeat.com Staff

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