ConnectOne Bancorp, Inc. (CNOB) vs Inter & Co. Inc. (INTR)

ConnectOne Bancorp, Inc. and Inter & Co. Inc. are both Banks Regional companies. ConnectOne Bancorp, Inc. and Inter & Co. Inc. are of similar size ($1.7B and $1.6B). Inter & Co. Inc. trades at the lower P/E: 5.8× against 11.3×. Inter & Co. Inc. grew revenue faster over the last twelve months: 52.6% against 24.3%. ConnectOne Bancorp, Inc. has the higher net margin (18.7% vs 9.22%) and the higher return on invested capital (5.03% vs 0.00%). Both pay a dividend; Inter & Co. Inc. yields more (2.96% vs 2.31%). Across the 17 metrics below, Inter & Co. Inc. leads on 12 and ConnectOne Bancorp, Inc. on 5.

Valuation

Metric CNOB INTR Banks Regional median
P/E 11.30 5.79 12.02
P/S 2.11 0.54 2.36
P/B 1.09 0.80 1.23
Price to free cash flow 8.90 7.32 10.60
EV/EBITDA — — —
EV/Sales — — —
Earnings yield 8.85% 17.28% 8.21%
Free cash flow yield 11.24% 13.66% 9.23%

Profitability

Metric CNOB INTR Banks Regional median
Gross margin 58.77% 58.20% 69.81%
Operating margin 0.00% 0.00% 0.00%
Net margin 18.71% 9.22% 18.82%
Free cash flow margin 23.76% 7.36% 17.97%
Return on equity 9.88% 15.36% 10.28%
Return on assets 1.00% 1.64% 1.13%
Return on invested capital 5.03% 0.00% 8.45%

Growth

Metric CNOB INTR Banks Regional median
Revenue growth (TTM) 24.33% 52.59% 6.37%
EPS growth (last fiscal year) (7.39%) 39.47% 18.85%
Revenue growth, 5-year CAGR 16.08% — 12.65%
Net income growth, 5-year CAGR 0.91% — 9.81%

Health

Metric CNOB INTR Banks Regional median
Debt to equity 0.80 0.08 0.17
Current ratio 1.05 0.90 0.93
Net debt to EBITDA 0.00 0.00 0.00

Dividend

Metric CNOB INTR Banks Regional median
Dividend yield 2.31% 2.96% 2.49%
Payout ratio 0.26 0.17 0.29

Size

Metric CNOB INTR Banks Regional median
Market cap 1.63b 1.66b 934.85m

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