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ConnectOne Bancorp (CNOB) Competitors

ConnectOne Bancorp logo
$25.48 -0.10 (-0.39%)
(As of 12:15 PM ET)

CNOB vs. EBC, BBAR, ASB, CLSK, AUB, FHB, IFS, BFH, WULF, and PRK

Should you be buying ConnectOne Bancorp stock or one of its competitors? The main competitors of ConnectOne Bancorp include Eastern Bankshares (EBC), Banco BBVA Argentina (BBAR), Associated Banc (ASB), CleanSpark (CLSK), Atlantic Union Bankshares (AUB), First Hawaiian (FHB), Intercorp Financial Services (IFS), Bread Financial (BFH), TeraWulf (WULF), and Park National (PRK). These companies are all part of the "banking" industry.

ConnectOne Bancorp vs.

Eastern Bankshares (NASDAQ:EBC) and ConnectOne Bancorp (NASDAQ:CNOB) are both finance companies, but which is the better investment? We will contrast the two businesses based on the strength of their profitability, risk, earnings, valuation, community ranking, analyst recommendations, media sentiment, dividends and institutional ownership.

71.7% of Eastern Bankshares shares are held by institutional investors. Comparatively, 67.7% of ConnectOne Bancorp shares are held by institutional investors. 1.2% of Eastern Bankshares shares are held by company insiders. Comparatively, 6.4% of ConnectOne Bancorp shares are held by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company will outperform the market over the long term.

Eastern Bankshares has a beta of 0.92, meaning that its stock price is 8% less volatile than the S&P 500. Comparatively, ConnectOne Bancorp has a beta of 1.27, meaning that its stock price is 27% more volatile than the S&P 500.

In the previous week, Eastern Bankshares and Eastern Bankshares both had 4 articles in the media. Eastern Bankshares' average media sentiment score of 1.63 beat ConnectOne Bancorp's score of 1.09 indicating that Eastern Bankshares is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Eastern Bankshares
4 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Very Positive
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

Eastern Bankshares presently has a consensus price target of $19.75, suggesting a potential upside of 11.02%. ConnectOne Bancorp has a consensus price target of $28.00, suggesting a potential upside of 9.46%. Given Eastern Bankshares' higher possible upside, research analysts clearly believe Eastern Bankshares is more favorable than ConnectOne Bancorp.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Eastern Bankshares
0 Sell rating(s)
1 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
2.50
ConnectOne Bancorp
0 Sell rating(s)
1 Hold rating(s)
1 Buy rating(s)
1 Strong Buy rating(s)
3.00

Eastern Bankshares has higher revenue and earnings than ConnectOne Bancorp. Eastern Bankshares 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
Eastern Bankshares$670.55M5.70$232.18M$2.327.67
ConnectOne Bancorp$261.64M3.75$87M$1.7414.70

Eastern Bankshares pays an annual dividend of $0.48 per share and has a dividend yield of 2.7%. ConnectOne Bancorp pays an annual dividend of $0.72 per share and has a dividend yield of 2.8%. Eastern Bankshares pays out 20.7% of its earnings in the form of a dividend. ConnectOne Bancorp pays out 41.4% 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.

Eastern Bankshares has a net margin of 38.00% compared to ConnectOne Bancorp's net margin of 13.56%. ConnectOne Bancorp's return on equity of 6.71% beat Eastern Bankshares' return on equity.

Company Net Margins Return on Equity Return on Assets
Eastern Bankshares38.00% 4.49% 0.64%
ConnectOne Bancorp 13.56%6.71%0.76%

ConnectOne Bancorp received 237 more outperform votes than Eastern Bankshares when rated by MarketBeat users. Likewise, 58.13% of users gave ConnectOne Bancorp an outperform vote while only 50.00% of users gave Eastern Bankshares an outperform vote.

CompanyUnderperformOutperform
Eastern BanksharesOutperform Votes
24
50.00%
Underperform Votes
24
50.00%
ConnectOne BancorpOutperform Votes
261
58.13%
Underperform Votes
188
41.87%

Summary

ConnectOne Bancorp beats Eastern Bankshares on 10 of the 19 factors compared between the two stocks.

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.
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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$981.51M$3.22B$10.49B$9.31B
Dividend Yield2.76%3.49%10.34%4.06%
P/E Ratio14.7017.3048.9217.53
Price / Sales3.753.433,155.94140.37
Price / Cash10.8811.2830.5637.95
Price / Book0.891.322.764.92
Net Income$87M$406.76M$1.02B$225.78M
7 Day Performance-3.98%-2.29%-1.39%-1.58%
1 Month Performance-5.82%-0.26%-0.09%6.67%
1 Year Performance11.85%22.60%16.26%22.48%

ConnectOne Bancorp Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
CNOB
ConnectOne Bancorp
4.7152 of 5 stars
$25.48
-0.4%
$28.00
+9.9%
+11.3%$977.67M$261.64M14.64487Short Interest ↓
Positive News
EBC
Eastern Bankshares
4.7487 of 5 stars
$18.38
+2.4%
$19.75
+7.5%
+22.8%$3.95B$670.55M7.741,744Positive News
BBAR
Banco BBVA Argentina
4.3632 of 5 stars
$19.17
+11.3%
$27.00
+40.8%
+268.0%$3.92B$1.93T10.066,009Analyst Upgrade
Short Interest ↓
News Coverage
Positive News
Gap Up
High Trading Volume
ASB
Associated Banc
4.766 of 5 stars
$25.79
+0.9%
$25.89
+0.4%
+18.4%$3.90B$1.09B21.204,100
CLSK
CleanSpark
2.6035 of 5 stars
$12.58
+4.7%
$23.17
+84.2%
+16.2%$3.68B$378.97M-22.19130
AUB
Atlantic Union Bankshares
2.4396 of 5 stars
$40.69
-0.6%
$42.00
+3.2%
+8.6%$3.65B$1.05B16.991,804Positive News
FHB
First Hawaiian
2.6725 of 5 stars
$27.18
+0.4%
$26.14
-3.8%
+18.2%$3.48B$1.12B15.462,000Analyst Forecast
Positive News
IFS
Intercorp Financial Services
4.2229 of 5 stars
$29.25
+0.1%
$30.00
+2.6%
+42.3%$3.38B$6.22B11.468,333News Coverage
Positive News
BFH
Bread Financial
3.6941 of 5 stars
$66.06
+1.2%
$53.54
-19.0%
+95.1%$3.28B$3.93B10.397,000Short Interest ↓
Positive News
WULF
TeraWulf
2.1733 of 5 stars
$8.35
+18.6%
$8.07
-3.3%
+360.7%$3.22B$126.47M0.006Analyst Revision
PRK
Park National
0.9112 of 5 stars
$187.56
+0.4%
$130.00
-30.7%
+38.4%$3.03B$564.30M22.111,799

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This page (NASDAQ:CNOB) was last updated on 12/18/2024 by MarketBeat.com Staff
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