ConnectOne Bancorp, Inc. (CNOB) vs Lakeland Financial Corporation (LKFN)
A side-by-side comparison of ConnectOne Bancorp, Inc. and Lakeland Financial Corporation 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 LKFN
growth of $100 · dividends reinvested · last 10yCNOB vs LKFN: by the numbers
- •CNOB is the larger company ($1.54B vs $1.45B market cap).
- •CNOB trades at the lower trailing earnings multiple (9.55 vs 13.39 P/E), one valuation lens rather than an overall verdict.
- •CNOB grew revenue faster over the past five years (14.39% vs 13.42% CAGR).
- •LKFN pays the higher dividend yield (3.53% vs 2.46%).
Metrics side by side
Valuation
| Metric | CNOB | LKFN |
|---|---|---|
| P/E ratio | 9.55 | 13.39 |
| Forward P/E | 9.43 | 13.33 |
| PEG ratio | N/A | 3.37 |
| P/S ratio | 2.52 | 3.40 |
| P/B ratio | 1.02 | 1.88 |
Profitability
| Metric | CNOB | LKFN |
|---|---|---|
| Operating margin | 18.07% | 31.81% |
| Net margin | 26.13% | 26.04% |
| ROE | 9.84% | 14.38% |
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.
Lakeland Financial 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.
Dividends
| Metric | CNOB | LKFN |
|---|---|---|
| Dividend yield | 2.46% | 3.53% |
| Payout ratio | 23.36% | 47.25% |
Growth (annualized)
| Metric | CNOB | LKFN |
|---|---|---|
| Revenue CAGR (5Y) | 14.39% | 13.42% |
| EPS CAGR (5Y) | -3.84% | 3.96% |
| Total return CAGR (5Y) | 2.16% | -1.77% |
Frequently asked
- Which has the lower trailing P/E, CNOB or LKFN?
- CNOB has the lower trailing P/E: CNOB trades at 9.55 and LKFN at 13.39. P/E is one valuation measure and does not by itself establish which business is cheaper.
- Which has grown faster, CNOB or LKFN?
- Over the past five years, CNOB grew revenue faster — CNOB at a 14.39% CAGR versus LKFN at 13.42%.
- Does CNOB or LKFN pay a bigger dividend?
- CNOB yields 2.46% and LKFN yields 3.53% based on trailing dividends and the latest price.
- How have CNOB and LKFN total returns compared?
- Over the past 10 years, CNOB delivered 7.65% and LKFN delivered 7.84% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
ConnectOne Bancorp & Lakeland Financial 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.