ConnectOne Bancorp, Inc. (CNOB) vs Origin Bancorp, Inc. (OBK)

ConnectOne Bancorp, Inc. and Origin Bancorp, Inc. are both Banks Regional companies. ConnectOne Bancorp, Inc. and Origin Bancorp, Inc. are of similar size ($1.7B and $1.6B). ConnectOne Bancorp, Inc. trades at the lower P/E: 11.3× against 16.8×. ConnectOne Bancorp, Inc. grew revenue faster over the last twelve months: 24.3% against 4.96%. ConnectOne Bancorp, Inc. has the higher net margin (18.7% vs 16.3%) and the lower return on invested capital (5.03% vs 8.93%). Both pay a dividend; ConnectOne Bancorp, Inc. yields more (2.31% vs 1.48%). Across the 18 metrics below, ConnectOne Bancorp, Inc. leads on 12 and Origin Bancorp, Inc. on 6.

Valuation

Metric CNOB OBK Banks Regional median
P/E 11.30 16.78 12.02
P/S 2.11 2.72 2.36
P/B 1.09 1.30 1.23
Price to free cash flow 8.90 9.50 10.60
EV/EBITDA — — —
EV/Sales — — —
Earnings yield 8.85% 5.96% 8.21%
Free cash flow yield 11.24% 10.52% 9.23%

Profitability

Metric CNOB OBK Banks Regional median
Gross margin 58.77% 69.33% 69.81%
Operating margin 0.00% 0.00% 0.00%
Net margin 18.71% 16.26% 18.82%
Free cash flow margin 23.76% 28.62% 17.97%
Return on equity 9.88% 8.02% 10.28%
Return on assets 1.00% 1.00% 1.13%
Return on invested capital 5.03% 8.93% 8.45%

Growth

Metric CNOB OBK Banks Regional median
Revenue growth (TTM) 24.33% 4.96% 6.37%
EPS growth (last fiscal year) (7.39%) (2.04%) 18.85%
Revenue growth, 5-year CAGR 16.08% 15.30% 12.65%
Net income growth, 5-year CAGR 0.91% 15.64% 9.81%

Health

Metric CNOB OBK Banks Regional median
Debt to equity 0.80 0.12 0.17
Current ratio 1.05 0.98 0.93
Net debt to EBITDA 0.00 0.00 0.00

Dividend

Metric CNOB OBK Banks Regional median
Dividend yield 2.31% 1.48% 2.49%
Payout ratio 0.26 0.25 0.29

Size

Metric CNOB OBK Banks Regional median
Market cap 1.63b 1.67b 934.85m

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