CNOB Relative Valuation - ConnectOne Bancorp Inc - Alpha Spread

ConnectOne Bancorp Inc
NASDAQ:CNOB

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ConnectOne Bancorp Inc
NASDAQ:CNOB
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Price: 25.99 USD 1.92%
Market Cap: 1B USD
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Relative Value

The Relative Value of one CNOB stock under the Base Case scenario is 18.57 USD. Compared to the current market price of 25.99 USD, ConnectOne Bancorp Inc is Overvalued by 29%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

CNOB Relative Value
Base Case
18.57 USD
Overvaluation 29%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
31
vs Industry
29
Median 3Y
3.2
Median 5Y
3.2
Industry
2.3
Forward
3.9
vs History
0
vs Industry
37
Median 3Y
8.6
Median 5Y
9.4
Industry
10.1
Forward
14.4
vs History
50
vs Industry
67
Median 3Y
0.8
Median 5Y
0.8
Industry
0.9
vs History
47
vs Industry
48
Median 3Y
0.1
Median 5Y
0.1
Industry
0.1

Multiples Across Competitors

CNOB Competitors Multiples
ConnectOne Bancorp Inc Competitors

All Multiples
P/S
P/E
P/B
All Countries
Close
Market Cap P/S P/E P/B
US
ConnectOne Bancorp Inc
NASDAQ:CNOB
997.1m USD 3.8 14.1 0.8
US
PNC Financial Services Group Inc
NYSE:PNC
74.2B USD 3.4 15.5 1.4
US
Truist Financial Corp
NYSE:TFC
57.6B USD 3.9 -26.4 0.9
US
M&T Bank Corp
NYSE:MTB
29.7B USD 3.2 13.2 1
US
Fifth Third Bancorp
NASDAQ:FITB
29.5B USD 3.5 13.7 1.5
US
First Citizens BancShares Inc (Delaware)
NASDAQ:FCNCA
28.1B USD 2.8 10.6 1.3
US
Huntington Bancshares Inc
NASDAQ:HBAN
21.7B USD 3 14 1.1
US
Regions Financial Corp
NYSE:RF
21.3B USD 3 12.8 1.2
CN
Bank of Jiangsu Co Ltd
SSE:600919
136.9B CNY 1.7 4.7 0.5
US
Citizens Financial Group Inc
NYSE:CFG
19.1B USD 2.4 15.6 0.8
CN
Bank of Ningbo Co Ltd
SZSE:002142
124.3B CNY 1.8 4.9 0.6

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