ConnectOne Bancorp, Inc. (CNOB) vs First Mid Bancshares, Inc. (FMBH)

A side-by-side comparison of ConnectOne Bancorp, Inc. and First Mid Bancshares, 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 — CNOB vs FMBH

growth of $100 · dividends reinvested · last 10y
CNOB +112.4% (+7.8%/yr)FMBH +134.8% (+8.9%/yr)FMBH compounded faster over this window
100150200250Start $10020182020202220242026$212$235
CNOB FMBH

CNOB vs FMBH: by the numbers

  • •CNOB is the larger company ($1.53B vs $1.32B market cap).
  • •CNOB trades at the lower trailing earnings multiple (9.49 vs 12.30 P/E), one valuation lens rather than an overall verdict.
  • •CNOB converts more revenue to profit (26.13% vs 22.01% net margin).
  • •FMBH grew revenue faster over the past five years (15.34% vs 14.39% CAGR).
  • •CNOB pays the higher dividend yield (2.46% vs 2.03%).

Metrics side by side

Valuation

MetricCNOBFMBH
P/E ratio9.4912.30
Forward P/E9.3811.20
PEG ratioN/A1.70
P/S ratio2.502.90
P/B ratio1.011.20

Profitability

MetricCNOBFMBH
Operating margin18.07%25.12%
Net margin26.13%22.01%
ROE9.84%9.10%

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.

First Mid Bancshares, 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

MetricCNOBFMBH
Dividend yield2.46%2.03%
Payout ratio23.36%25.06%

Growth (annualized)

MetricCNOBFMBH
Revenue CAGR (5Y)14.39%15.34%
EPS CAGR (5Y)-3.84%7.22%
Total return CAGR (5Y)2.16%6.38%

Frequently asked

Which has the lower trailing P/E, CNOB or FMBH?
CNOB has the lower trailing P/E: CNOB trades at 9.49 and FMBH at 12.30. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, CNOB or FMBH?
Over the past five years, FMBH grew revenue faster — CNOB at a 14.39% CAGR versus FMBH at 15.34%.
Does CNOB or FMBH pay a bigger dividend?
CNOB yields 2.46% and FMBH yields 2.03% based on trailing dividends and the latest price.
Is CNOB or FMBH more profitable?
CNOB runs the higher net margin — CNOB at 26.13% versus FMBH at 22.01%.
How have CNOB and FMBH total returns compared?
Over the past 10 years, CNOB delivered 7.65% and FMBH delivered 9.04% 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.