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.
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.
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.
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.
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.
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.
Summary
ConnectOne Bancorp beats Premier Financial on 14 of the 22 factors compared between the two stocks.
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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.
Skip ChartThis 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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