Amalgamated Financial (AMAL) vs ConnectOne Bancorp (CNOB)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 9, 2026.
Summary
Amalgamated Financial (AMAL) has outperformed ConnectOne Bancorp (CNOB) over the past year, gaining 73.2% versus a gain of 19.1%. Over five years, AMAL leads with a +173.5% price change compared with -6.3% for CNOB. ConnectOne Bancorp is the larger company by market cap ($1.52 billion vs $1.41 billion), about 1.1 times the size.
On valuation, ConnectOne Bancorp trades at a lower forward P/E (8.3x vs 10.2x for Amalgamated Financial). ConnectOne Bancorp offers the higher dividend yield (2.48% vs 1.38%).
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | AMAL | CNOB |
|---|---|---|
| Share price | $47.18 | $30.22 |
| Market cap | $1.41B | $1.52B |
| 1-day change | +1.18% | +0.87% |
| YTD return | +47.30% | +15.26% |
| 1-year return | +73.20% | +19.07% |
| 5-year return | +173.51% | -6.32% |
| P/E ratio (TTM) | 12.58 | 9.78 |
| Forward P/E | 10.17 | 8.31 |
| EPS (TTM) | $3.75 | $3.09 |
| Dividend yield | 1.38% | 2.48% |
| Annual dividend | $0.65 | $0.75 |
| Revenue (latest FY) | — | $388.32M |
| Revenue growth (YoY) | — | +47.05% |
| Net income (latest FY) | — | $80.44M |
| Net margin | — | 20.72% |
| 52-week high | $51.59 | $34.14 |
| 52-week low | $25.13 | $23.20 |
| Distance from 52-week high | -8.55% | -11.48% |
| Analyst consensus | none | buy |
| Avg. price target upside | +14.46% | +21.61% |
| Average volume | 211.54K | 395.47K |
| Shares outstanding | 29.90M | 50.32M |
| Employees | 450 | 750 |
| Sector | Finance | Financial Services |
| Industry | Major Banks | Banks - Regional |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- AMAL has outperformed CNOB by 54.1 percentage points over the past year.
- Amalgamated Financial trades at a higher earnings multiple (12.6x vs 9.8x trailing P/E).
- ConnectOne Bancorp offers a meaningfully higher dividend yield (2.48% vs 1.38%).
- The two companies sit in different sectors: Amalgamated Financial in Finance and ConnectOne Bancorp in Financial Services.
About Amalgamated Financial
AMAL stock →Amalgamated Financial Corp. operates as the bank holding company for Amalgamated Bank that provides commercial and retail banking, investment management, and trust and custody services in the United States.
Finance · Major Banks · 450 employees
About ConnectOne Bancorp
CNOB stock →ConnectOne Bancorp, Inc. operates as the bank holding company for ConnectOne Bank that provides commercial banking products and services for small and mid-sized businesses, local professionals, and individuals in the United States.
Financial Services · Banks - Regional · 750 employees
AMAL vs CNOB FAQ
Which is bigger, Amalgamated Financial or ConnectOne Bancorp?
ConnectOne Bancorp (CNOB) is larger, with a market capitalization of $1.52B compared with $1.41B for Amalgamated Financial (AMAL).
Which stock has performed better over the past year, AMAL or CNOB?
AMAL returned +73.20% over the past 12 months, compared with +19.07% for CNOB (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, AMAL or CNOB?
CNOB has the lower trailing P/E at 9.8, versus 12.6 for AMAL. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, Amalgamated Financial or ConnectOne Bancorp?
ConnectOne Bancorp has the higher yield at 2.48%, compared with 1.38% for Amalgamated Financial.
Are Amalgamated Financial and ConnectOne Bancorp in the same industry?
No. Amalgamated Financial is in the Finance sector, while ConnectOne Bancorp is in Financial Services.