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.
Total return — CNOB vs FMBH
growth of $100 · dividends reinvested · last 10yCNOB 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
| Metric | CNOB | FMBH |
|---|---|---|
| P/E ratio | 9.49 | 12.30 |
| Forward P/E | 9.38 | 11.20 |
| PEG ratio | N/A | 1.70 |
| P/S ratio | 2.50 | 2.90 |
| P/B ratio | 1.01 | 1.20 |
Profitability
| Metric | CNOB | FMBH |
|---|---|---|
| Operating margin | 18.07% | 25.12% |
| Net margin | 26.13% | 22.01% |
| ROE | 9.84% | 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
| Metric | CNOB | FMBH |
|---|---|---|
| Dividend yield | 2.46% | 2.03% |
| Payout ratio | 23.36% | 25.06% |
Growth (annualized)
| Metric | CNOB | FMBH |
|---|---|---|
| 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.
Go deeper
Dig into the metrics
ConnectOne Bancorp & First Mid Bancshares appear in these rankings
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.