ConnectOne Bancorp, Inc. (CNOB) vs Triumph Financial, Inc. (TFIN)

ConnectOne Bancorp, Inc. and Triumph Financial, Inc. are both Banks Regional companies. ConnectOne Bancorp, Inc. and Triumph Financial, Inc. are of similar size ($1.6B and $1.5B). ConnectOne Bancorp, Inc. trades at the lower P/E: 10.2× against 41.5×. ConnectOne Bancorp, Inc. grew revenue faster over the last twelve months: 44.6% against 8.97%. ConnectOne Bancorp, Inc. has the higher net margin (19.4% vs 6.57%) and the lower return on invested capital (6.33% vs 27.9%). Both pay a dividend; ConnectOne Bancorp, Inc. yields more (3.42% vs 0.02%). Across the 20 metrics below, ConnectOne Bancorp, Inc. leads on 12 and Triumph Financial, Inc. on 8.

Valuation

Metric CNOB TFIN Banks Regional median
P/E 10.15 41.52 12.15
P/S 1.97 2.72 2.37
P/B 1.03 1.60 1.21
Price to free cash flow 12.21 9.47 10.80
EV/EBITDA n/m n/m —
EV/Sales 2.67 1.14 2.27
Earnings yield 9.85% 2.41% 8.11%
Free cash flow yield 8.19% 10.56% 8.98%

Profitability

Metric CNOB TFIN Banks Regional median
Gross margin 59.53% 84.45% 69.57%
Operating margin 0.00% 0.00% 0.00%
Net margin 19.41% 6.57% 18.66%
Free cash flow margin 16.13% 28.72% 21.18%
Return on equity 10.59% 3.97% 10.64%
Return on assets 1.08% 0.51% 1.13%
Return on invested capital 6.33% 27.91% 8.33%

Growth

Metric CNOB TFIN Banks Regional median
Revenue growth (TTM) 44.64% 8.97% 6.61%
EPS growth (last fiscal year) (7.39%) 72.22% —
Revenue growth, 5-year CAGR 16.08% 6.29% 12.30%
Net income growth, 5-year CAGR 0.91% (18.69%) 9.71%

Health

Metric CNOB TFIN Banks Regional median
Debt to equity 0.56 0.05 0.22
Current ratio 1.04 1.01 0.94
Net debt to EBITDA 0.00 0.00 0.00

Dividend

Metric CNOB TFIN Banks Regional median
Dividend yield 3.42% 0.02% 3.75%
Payout ratio 0.25 0.00 0.27

Size

Metric CNOB TFIN Banks Regional median
Market cap 1.55b 1.45b 921.07m

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