ConnectOne Bancorp (CNOB) vs First Mid Bancshares (FMBH)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 10, 2026.
Summary
First Mid Bancshares (FMBH) has outperformed ConnectOne Bancorp (CNOB) over the past year, gaining 33.7% versus a gain of 18.9%. Over five years, FMBH leads with a +15.1% price change compared with -7.2% for CNOB. ConnectOne Bancorp is the larger company by market cap ($1.51 billion vs $1.29 billion), about 1.2 times the size.
On valuation, ConnectOne Bancorp trades at a lower forward P/E (8.2x vs 9.8x for First Mid Bancshares). ConnectOne Bancorp offers the higher dividend yield (2.51% vs 2.06%). First Mid Bancshares converts more of its revenue into profit, with a net margin of 26.3% versus 20.7%.
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 | CNOB | FMBH |
|---|---|---|
| Share price | $29.94 | $48.52 |
| Market cap | $1.51B | $1.29B |
| 1-day change | -0.93% | -1.46% |
| YTD return | +14.19% | +24.41% |
| 1-year return | +18.86% | +33.66% |
| 5-year return | -7.19% | +15.11% |
| P/E ratio (TTM) | 9.69 | 12.04 |
| Forward P/E | 8.23 | 9.76 |
| EPS (TTM) | $3.09 | $4.03 |
| Dividend yield | 2.51% | 2.06% |
| Annual dividend | $0.75 | $1.00 |
| Revenue (latest FY) | $388.32M | $349.22M |
| Revenue growth (YoY) | +47.05% | +7.45% |
| Net income (latest FY) | $80.44M | $91.75M |
| Net margin | 20.72% | 26.27% |
| 52-week high | $34.14 | $53.36 |
| 52-week low | $23.20 | $34.16 |
| Distance from 52-week high | -12.30% | -9.07% |
| Analyst consensus | buy | buy |
| Avg. price target upside | +22.75% | +16.16% |
| Average volume | 393.46K | 133.83K |
| Shares outstanding | 50.32M | 26.60M |
| Employees | 750 | 1,316 |
| Sector | Finance | Finance |
| Industry | Major Banks | Major Banks |
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
- FMBH has outperformed CNOB by 14.8 percentage points over the past year.
- First Mid Bancshares is more profitable, keeping 26.3 cents of every revenue dollar as net income versus 20.7 cents for ConnectOne Bancorp.
- ConnectOne Bancorp grew revenue faster in its latest fiscal year (+47.05% vs +7.45%).
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.
Finance · Major Banks · 750 employees
About First Mid Bancshares
FMBH stock →First Mid Bancshares, Inc., a financial holding company, provides community banking products and services to commercial, retail, and agricultural customers in the United States. It accepts various deposit products, such as demand deposits, savings accounts, money market deposits, and time deposits.
Finance · Major Banks · 1,316 employees
CNOB vs FMBH FAQ
Which is bigger, ConnectOne Bancorp or First Mid Bancshares?
ConnectOne Bancorp (CNOB) is larger, with a market capitalization of $1.51B compared with $1.29B for First Mid Bancshares (FMBH).
Which stock has performed better over the past year, CNOB or FMBH?
FMBH returned +33.66% over the past 12 months, compared with +18.86% for CNOB (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, CNOB or FMBH?
CNOB has the lower trailing P/E at 9.7, versus 12.0 for FMBH. 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, ConnectOne Bancorp or First Mid Bancshares?
ConnectOne Bancorp has the higher yield at 2.51%, compared with 2.06% for First Mid Bancshares.
Are ConnectOne Bancorp and First Mid Bancshares in the same industry?
Yes. Both are classified in the Major Banks industry within the Finance sector.