CNOB vs. EBC, AX, UCB, IFS, ASB, CORZ, FHB, BUR, AVAL, and AUB
Should you be buying ConnectOne Bancorp stock or one of its competitors? The main competitors of ConnectOne Bancorp include Eastern Bankshares (EBC), Axos Financial (AX), United Community Banks (UCB), Intercorp Financial Services (IFS), Associated Banc (ASB), Core Scientific (CORZ), First Hawaiian (FHB), Burford Capital (BUR), Grupo Aval Acciones y Valores (AVAL), and Atlantic Union Bankshares (AUB). These companies are all part of the "banking" industry.
ConnectOne Bancorp vs.
ConnectOne Bancorp (NASDAQ:CNOB) and Eastern Bankshares (NASDAQ:EBC) are both finance companies, but which is the superior business? We will compare the two businesses based on the strength of their analyst recommendations, dividends, community ranking, valuation, risk, earnings, profitability, media sentiment and institutional ownership.
Eastern Bankshares has higher revenue and earnings than ConnectOne Bancorp. ConnectOne Bancorp is trading at a lower price-to-earnings ratio than Eastern Bankshares, indicating that it is currently the more affordable of the two stocks.
ConnectOne Bancorp received 236 more outperform votes than Eastern Bankshares when rated by MarketBeat users. Likewise, 58.13% of users gave ConnectOne Bancorp an outperform vote while only 51.02% of users gave Eastern Bankshares an outperform vote.
ConnectOne Bancorp has a net margin of 13.80% compared to Eastern Bankshares' net margin of 11.07%. ConnectOne Bancorp's return on equity of 6.77% beat Eastern Bankshares' return on equity.
67.7% of ConnectOne Bancorp shares are held by institutional investors. Comparatively, 71.7% of Eastern Bankshares shares are held by institutional investors. 6.4% of ConnectOne Bancorp shares are held by insiders. Comparatively, 1.2% of Eastern Bankshares shares are held by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company will outperform the market over the long term.
ConnectOne Bancorp pays an annual dividend of $0.72 per share and has a dividend yield of 2.9%. Eastern Bankshares pays an annual dividend of $0.48 per share and has a dividend yield of 2.7%. ConnectOne Bancorp pays out 40.7% of its earnings in the form of a dividend. Eastern Bankshares pays out 71.6% 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. ConnectOne Bancorp is clearly the better dividend stock, given its higher yield and lower payout ratio.
ConnectOne Bancorp presently has a consensus target price of $28.00, indicating a potential upside of 11.02%. Eastern Bankshares has a consensus target price of $20.25, indicating a potential upside of 14.12%. Given Eastern Bankshares' higher possible upside, analysts clearly believe Eastern Bankshares is more favorable than ConnectOne Bancorp.
In the previous week, ConnectOne Bancorp had 2 more articles in the media than Eastern Bankshares. MarketBeat recorded 4 mentions for ConnectOne Bancorp and 2 mentions for Eastern Bankshares. Eastern Bankshares' average media sentiment score of 1.16 beat ConnectOne Bancorp's score of 0.66 indicating that Eastern Bankshares is being referred to more favorably in the news media.
ConnectOne Bancorp has a beta of 1.3, meaning that its share price is 30% more volatile than the S&P 500. Comparatively, Eastern Bankshares has a beta of 0.94, meaning that its share price is 6% less volatile than the S&P 500.
Summary
ConnectOne Bancorp beats Eastern Bankshares on 10 of the 18 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 {thisCompany.Symbol} and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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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This page (NASDAQ:CNOB) was last updated on 2/22/2025 by MarketBeat.com Staff
