Bank First Corporation (BFC) vs ConnectOne Bancorp, Inc. (CNOB)

A side-by-side comparison of Bank First Corporation and ConnectOne Bancorp, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of October 6, 2026. Differences are shown without an overall score or investment verdict.

Compare

Total return — BFC vs CNOB

growth of $100 · dividends reinvested · last 10y
BFC +484.4% (+19.3%/yr)CNOB +112.4% (+7.8%/yr)BFC compounded faster over this window
200400600Start $10020182020202220242026$584$212
BFC CNOB

BFC vs CNOB: by the numbers

  • •BFC is the larger company ($1.70B vs $1.54B market cap).
  • •CNOB trades at the lower trailing earnings multiple (9.55 vs 19.65 P/E), one valuation lens rather than an overall verdict.
  • •BFC converts more revenue to profit (27.80% vs 26.13% net margin).
  • •BFC grew revenue faster over the past five years (19.15% vs 14.39% CAGR).
  • •CNOB pays the higher dividend yield (2.46% vs 1.39%).

Metrics side by side

Valuation

MetricBFCCNOB
P/E ratio19.659.55
Forward P/E15.199.43
PEG ratio2.64N/A
P/S ratio5.822.52
P/B ratio2.071.02

Profitability

MetricBFCCNOB
Operating margin34.54%18.07%
Net margin27.80%26.13%
ROE9.89%9.84%

Bank First Corporation: Gross margin is not shown for a lender or insurer: its revenue is interest, premiums and fees rather than the sale of goods, so there is no cost of goods sold to measure it against.

ConnectOne Bancorp, Inc.: Gross margin is not shown for a lender or insurer: its revenue is interest, premiums and fees rather than the sale of goods, so there is no cost of goods sold to measure it against.

Dividends

MetricBFCCNOB
Dividend yield1.39%2.46%
Payout ratio27.31%23.36%

Growth (annualized)

MetricBFCCNOB
Revenue CAGR (5Y)19.15%14.39%
EPS CAGR (5Y)7.36%-3.84%
Total return CAGR (5Y)18.39%2.16%

Frequently asked

Which has the lower trailing P/E, BFC or CNOB?
CNOB has the lower trailing P/E: BFC trades at 19.65 and CNOB at 9.55. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, BFC or CNOB?
Over the past five years, BFC grew revenue faster — BFC at a 19.15% CAGR versus CNOB at 14.39%.
Does BFC or CNOB pay a bigger dividend?
BFC yields 1.39% and CNOB yields 2.46% based on trailing dividends and the latest price.
Is BFC or CNOB more profitable?
BFC runs the higher net margin — BFC at 27.80% versus CNOB at 26.13%.
How have BFC and CNOB total returns compared?
Over the past 10 years, BFC delivered 19.31% and CNOB delivered 7.65% annualized total return. Past performance doesn't predict future results.

Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified October 6, 2026.