ConnectOne Bancorp (CNOB) vs Lakeland Financial (LKFN)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 9, 2026.
Summary
ConnectOne Bancorp (CNOB) has outperformed Lakeland Financial (LKFN) over the past year, gaining 19.1% versus a loss of 9.2%. Over five years, CNOB leads with a -6.3% price change compared with -23.7% for LKFN. ConnectOne Bancorp is the larger company by market cap ($1.51 billion vs $1.41 billion), about 1.1 times the size.
On valuation, ConnectOne Bancorp trades at a lower forward P/E (8.2x vs 12.6x for Lakeland Financial). Lakeland Financial offers the higher dividend yield (3.62% vs 2.50%).
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 | LKFN |
|---|---|---|
| Share price | $29.98 | $56.86 |
| Market cap | $1.51B | $1.41B |
| 1-day change | -0.79% | -1.03% |
| YTD return | +15.26% | +0.68% |
| 1-year return | +19.07% | -9.24% |
| 5-year return | -6.32% | -23.70% |
| P/E ratio (TTM) | 9.70 | 13.04 |
| Forward P/E | 8.24 | 12.61 |
| EPS (TTM) | $3.09 | $4.36 |
| Dividend yield | 2.50% | 3.62% |
| Annual dividend | $0.75 | $2.06 |
| Revenue (latest FY) | $388.32M | — |
| Revenue growth (YoY) | +47.05% | — |
| Net income (latest FY) | $80.44M | — |
| Net margin | 20.72% | — |
| 52-week high | $34.14 | $64.55 |
| 52-week low | $23.20 | $54.36 |
| Distance from 52-week high | -12.19% | -11.91% |
| Analyst consensus | buy | hold |
| Avg. price target upside | +22.58% | +16.95% |
| Average volume | 395.47K | 172.26K |
| Shares outstanding | 50.32M | 24.86M |
| Employees | 750 | 695 |
| 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
- CNOB has outperformed LKFN by 28.3 percentage points over the past year.
- Lakeland Financial trades at a higher earnings multiple (13.0x vs 9.7x trailing P/E).
- Lakeland Financial offers a meaningfully higher dividend yield (3.62% vs 2.50%).
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 Lakeland Financial
LKFN stock →Lakeland Financial Corporation operates as the bank holding company for Lake City Bank that provides various banking products and services in the United States. The company accepts various deposit products, such as noninterest bearing, interest-bearing checking, savings, money market, NOW, and demand deposits.
Finance · Major Banks · 695 employees
CNOB vs LKFN FAQ
Which is bigger, ConnectOne Bancorp or Lakeland Financial?
ConnectOne Bancorp (CNOB) is larger, with a market capitalization of $1.51B compared with $1.41B for Lakeland Financial (LKFN).
Which stock has performed better over the past year, CNOB or LKFN?
CNOB returned +19.07% over the past 12 months, compared with -9.24% for LKFN (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, CNOB or LKFN?
CNOB has the lower trailing P/E at 9.7, versus 13.0 for LKFN. 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 Lakeland Financial?
Lakeland Financial has the higher yield at 3.62%, compared with 2.50% for ConnectOne Bancorp.
Are ConnectOne Bancorp and Lakeland Financial in the same industry?
Yes. Both are classified in the Major Banks industry within the Finance sector.