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ConnectOne Bancorp (CNOB) Competitors

$18.64
-0.27 (-1.43%)
(As of 05/31/2024 ET)

CNOB vs. CARO, GSBC, ABTX, LBAI, HBNC, FIBK, CATY, FHB, BOH, and CVBF

Should you be buying ConnectOne Bancorp stock or one of its competitors? The main competitors of ConnectOne Bancorp include Carolina Financial (CARO), Great Southern Bancorp (GSBC), Allegiance Bancshares (ABTX), Lakeland Bancorp (LBAI), Horizon Bancorp (HBNC), First Interstate BancSystem (FIBK), Cathay General Bancorp (CATY), First Hawaiian (FHB), Bank of Hawaii (BOH), and CVB Financial (CVBF). These companies are all part of the "finance" sector.

ConnectOne Bancorp vs.

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

In the previous week, Carolina Financial had 10 more articles in the media than ConnectOne Bancorp. MarketBeat recorded 15 mentions for Carolina Financial and 5 mentions for ConnectOne Bancorp. ConnectOne Bancorp's average media sentiment score of 1.20 beat Carolina Financial's score of 0.00 indicating that ConnectOne Bancorp is being referred to more favorably in the media.

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

Carolina Financial has a net margin of 27.98% compared to ConnectOne Bancorp's net margin of 15.29%. Carolina Financial's return on equity of 10.49% beat ConnectOne Bancorp's return on equity.

Company Net Margins Return on Equity Return on Assets
ConnectOne Bancorp15.29% 7.39% 0.83%
Carolina Financial 27.98%10.49%1.63%

67.7% of ConnectOne Bancorp shares are held by institutional investors. Comparatively, 53.9% of Carolina Financial shares are held by institutional investors. 6.4% of ConnectOne Bancorp shares are held by insiders. Comparatively, 6.9% of Carolina Financial shares are held by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock is poised for long-term growth.

ConnectOne Bancorp currently has a consensus target price of $24.00, indicating a potential upside of 28.76%. Given ConnectOne Bancorp's higher probable upside, research analysts plainly believe ConnectOne Bancorp is more favorable than Carolina Financial.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
ConnectOne Bancorp
0 Sell rating(s)
1 Hold rating(s)
2 Buy rating(s)
1 Strong Buy rating(s)
3.00
Carolina Financial
0 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
N/A

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
ConnectOne Bancorp$263.38M2.71$87M$1.899.86
Carolina Financial$224.23M3.64$62.74M$2.9411.18

Carolina Financial received 12 more outperform votes than ConnectOne Bancorp when rated by MarketBeat users. Likewise, 61.54% of users gave Carolina Financial an outperform vote while only 58.69% of users gave ConnectOne Bancorp an outperform vote.

CompanyUnderperformOutperform
ConnectOne BancorpOutperform Votes
260
58.69%
Underperform Votes
183
41.31%
Carolina FinancialOutperform Votes
272
61.54%
Underperform Votes
170
38.46%

ConnectOne Bancorp has a beta of 1.25, meaning that its share price is 25% more volatile than the S&P 500. Comparatively, Carolina Financial has a beta of 1.4, meaning that its share price is 40% more volatile than the S&P 500.

ConnectOne Bancorp pays an annual dividend of $0.72 per share and has a dividend yield of 3.9%. Carolina Financial pays an annual dividend of $0.40 per share and has a dividend yield of 1.2%. ConnectOne Bancorp pays out 38.1% of its earnings in the form of a dividend. Carolina Financial pays out 13.6% 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.

Summary

Carolina Financial beats ConnectOne Bancorp on 12 of the 20 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$714.53M$2.25B$9.72B$7.96B
Dividend Yield3.91%4.30%5.96%4.01%
P/E Ratio9.8611.9945.5118.57
Price / Sales2.712.15109.7891.65
Price / Cash7.738.3916.4131.51
Price / Book0.651.023.304.59
Net Income$87M$403.09M$1.01B$213.90M
7 Day Performance-7.81%-0.67%0.39%0.87%
1 Month Performance0.49%1.64%3.04%3.60%
1 Year Performance32.10%26.36%17.32%7.91%

ConnectOne Bancorp Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
CARO
Carolina Financial
0 of 5 stars
$32.88
flat
N/A+0.0%$816.28M$224.23M11.74735High Trading Volume
GSBC
Great Southern Bancorp
2.9907 of 5 stars
$50.57
-1.6%
$57.50
+13.7%
+5.5%$589.65M$326.91M9.941,352Short Interest ↓
News Coverage
Positive News
ABTX
Allegiance Bancshares
0 of 5 stars
$41.63
-0.9%
N/A+0.0%$830.94M$261.75M11.25594
LBAI
Lakeland Bancorp
4.6928 of 5 stars
$13.43
+1.1%
$14.15
+5.4%
+0.6%$874.97M$516.18M10.49826Analyst Forecast
News Coverage
Positive News
High Trading Volume
HBNC
Horizon Bancorp
4.4961 of 5 stars
$11.79
-1.9%
$12.50
+6.0%
+34.9%$520.18M$324.30M21.83818Analyst Upgrade
Short Interest ↓
News Coverage
FIBK
First Interstate BancSystem
4.991 of 5 stars
$26.07
-1.6%
$30.20
+15.8%
+16.7%$2.73B$1.43B10.393,585Analyst Upgrade
Short Interest ↓
News Coverage
CATY
Cathay General Bancorp
3.7952 of 5 stars
$36.01
+0.4%
$39.00
+8.3%
+22.4%$2.62B$1.31B7.971,246Analyst Downgrade
Short Interest ↓
News Coverage
FHB
First Hawaiian
1.3959 of 5 stars
$19.97
-1.8%
$21.75
+8.9%
+19.7%$2.55B$1.12B11.482,000Positive News
BOH
Bank of Hawaii
3.3667 of 5 stars
$56.34
-0.1%
$52.20
-7.3%
+44.4%$2.24B$986.98M14.521,899Analyst Upgrade
News Coverage
CVBF
CVB Financial
3.9278 of 5 stars
$15.93
-1.4%
$19.00
+19.3%
+32.9%$2.22B$665.66M10.481,107Positive News

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This page (NASDAQ:CNOB) was last updated on 6/2/2024 by MarketBeat.com Staff

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