company background image
CBM logo

ConnectOne Bancorp DB:CBM Stock Report

Last Price

€22.20

Market Cap

€852.6m

7D

-11.2%

1Y

5.7%

Updated

23 Dec, 2024

Data

Company Financials +

CBM Stock Overview

Operates as the bank holding company for ConnectOne Bank that provides commercial banking products and services for small and mid-sized businesses, local professionals, and individuals in the New York Metropolitan area and South Florida market. More details

CBM fundamental analysis
Snowflake Score
Valuation4/6
Future Growth5/6
Past Performance2/6
Financial Health6/6
Dividends5/6

My Notes

Capture your thoughts, links and company narrative

ConnectOne Bancorp, Inc. Competitors

Price History & Performance

Summary of share price highs, lows and changes for ConnectOne Bancorp
Historical stock prices
Current Share PriceUS$22.20
52 Week HighUS$27.40
52 Week LowUS$15.80
Beta1.26
1 Month Change-16.54%
3 Month Change0.91%
1 Year Change5.71%
3 Year Change-22.92%
5 Year Changen/a
Change since IPO76.19%

Recent News & Updates

Recent updates

Shareholder Returns

CBMDE BanksDE Market
7D-11.2%-2.0%-2.0%
1Y5.7%19.1%6.9%

Return vs Industry: CBM underperformed the German Banks industry which returned 19.1% over the past year.

Return vs Market: CBM underperformed the German Market which returned 6.9% over the past year.

Price Volatility

Is CBM's price volatile compared to industry and market?
CBM volatility
CBM Average Weekly Movement5.1%
Banks Industry Average Movement3.1%
Market Average Movement4.9%
10% most volatile stocks in DE Market11.3%
10% least volatile stocks in DE Market2.4%

Stable Share Price: CBM has not had significant price volatility in the past 3 months compared to the German market.

Volatility Over Time: CBM's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1982493Frank Sorrentinowww.connectonebank.com

ConnectOne Bancorp, Inc. operates as the bank holding company for ConnectOne Bank that provides commercial banking products and services for small and mid-sized businesses, local professionals, and individuals in the New York Metropolitan area and South Florida market. The company offers personal and business checking, money market, and time and savings accounts; credit cards, wire transfers, safe deposit boxes, automated teller services and telephone, and internet and mobile banking. It provides retirement accounts, consumers and cash management services for business clients, including treasury direct, automated clearing house, remote deposit capture, and digital invoicing.

ConnectOne Bancorp, Inc. Fundamentals Summary

How do ConnectOne Bancorp's earnings and revenue compare to its market cap?
CBM fundamental statistics
Market cap€852.59m
Earnings (TTM)€63.70m
Revenue (TTM)€238.30m

13.4x

P/E Ratio

0.8x

P/B Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
CBM income statement (TTM)
RevenueUS$248.64m
Cost of RevenueUS$0
Gross ProfitUS$248.64m
Other ExpensesUS$182.17m
EarningsUS$66.47m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)1.74
Gross Margin100.00%
Net Profit Margin26.73%
Debt/Equity Ratio66.3%

How did CBM perform over the long term?

See historical performance and comparison

Dividends

3.1%

Current Dividend Yield

41%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/23 08:11
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

ConnectOne Bancorp, Inc. is covered by 11 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Robert RamseyFBR Capital Markets & Co.
Taylor BrodarickGuggenheim Securities, LLC
Christopher McGrattyKeefe, Bruyette, & Woods