ConnectOne Bancorp and Farmers & Merchants Bancorp Compared

Analysts see more upside potential in ConnectOne Bancorp stock

Mar. 4, 2026 at 10:54am

Farmers & Merchants Bancorp (NASDAQ:FMAO) and ConnectOne Bancorp (NASDAQ:CNOB) are both small-cap finance companies, but analysts believe ConnectOne Bancorp has stronger growth prospects based on its higher institutional ownership, analyst ratings, and dividend history.

Why it matters

The comparison of these two regional banks provides insight into the competitive landscape and growth potential of small-cap financial institutions in the Northeast and Midwest U.S. markets.

The details

The analysis looks at factors like revenue, earnings, valuation, institutional ownership, analyst ratings, dividends, and profitability metrics to determine which bank is the superior investment. ConnectOne Bancorp stands out with a higher percentage of institutional ownership, stronger consensus analyst rating, and longer track record of dividend growth.

  • The analysis was published on March 4, 2026.

The players

Farmers & Merchants Bancorp

A bank holding company that provides commercial banking, retail banking, and financial services in the Midwest U.S.

ConnectOne Bancorp

A bank holding company that provides commercial and consumer banking products and services in the New York metropolitan area and South Florida.

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The takeaway

This analysis highlights the competitive dynamics and growth potential of small regional banks in the Northeast and Midwest, with ConnectOne Bancorp emerging as the more attractive investment option based on its stronger institutional backing, analyst sentiment, and dividend history.