COMP <GO>

CNOB vs BY // DIVIDEND YIELD & FCF PAYOUT SAFETY

ConnectOne Bancorp Inc. (NASDAQ) VS. Byline Bancorp Inc. (NYSE) • 15-METRIC TALLY: CNOB 2 — BY 4

▲ DIVIDEND YIELD & FCF PAYOUT SAFETY LEADER: CNOB

LAST: $32.11 (-1.53%) • MKT CAP: $1.77B

dividend-safety

1.80%

LAST: $38.50 (-1.18%) • MKT CAP: $1.76B

dividend-safety

1.03%

15-METRIC INSTITUTIONAL SIDE-BY-SIDE SCORECARD (CNOB VS. BY) EMERALD CELL = QUANTITATIVE EDGE

INSTITUTIONAL METRIC	CNOB	BY	SPREAD (A - B)	ADVANTAGE	DEDICATED URL
Gross Profit Margin	—	—	—	TIE	/gross-margins <GO>
Return on Invested Capital (ROIC)	5.10%	10.30%	-5.20	BY	/roic <GO>
EV/EBITDA & P/E Valuation	—	—	—	TIE	/valuation <GO>
Free Cash Flow Yield	5.70%	7.74%	-2.04	BY	/fcf-yield <GO>
Operating Margin	—	—	—	TIE	/operating-margins <GO>
Net Profit Margin	—	—	—	TIE	/net-margins <GO>
Revenue Growth (YoY)	—	—	—	TIE	/revenue-growth <GO>
Dividend Yield & FCF Payout Safety ACTIVE	1.80%	1.03%	+0.77	CNOB	/dividend-safety <GO>
Altman Z-Score & Debt/Equity	—	—	—	TIE	/balance-sheet <GO>
Piotroski F-Score Quality	5/9	5/9	0.00	TIE	/piotroski-score <GO>
Options Implied Move & Put/Call Skew	—	—	—	TIE	/options-implied-move <GO>
RSI-14 & 200D SMA Momentum	61.3	63.4	-2.10	BY	/rsi-technicals <GO>
10Y Yield & FRED Macro Beta	—	—	—	TIE	/macro-sensitivity <GO>
Forward P/E Multiple	20.5x	12.6x	+7.90	BY	/forward-pe <GO>
Enterprise Scale & Market Cap	$1.77B	$1.76B	$10.1M	CNOB	/market-cap <GO>

5-YEAR HISTORICAL XBRL REVENUE & MARGIN TRAJECTORY SEC FORM 10-K FY

FISCAL YEAR	CNOB REV	BY REV	CNOB GROSS %	BY GROSS %	CNOB FCF	BY FCF
FY 2025	$0	$0	—	—	$101.0M	$136.3M
FY 2024	$0	$0	—	—	$56.9M	$171.2M
FY 2023	$0	$0	—	—	$92.9M	$166.1M

FRED MACRO REGIME CORRELATION COMPARISON PEARSON r

CNOB // BETA —

BY // BETA —