ConnectOne Bancorp Past Earnings Performance
Past criteria checks 2/6
ConnectOne Bancorp has been growing earnings at an average annual rate of 11.7%, while the Banks industry saw earnings growing at 12.2% annually. Revenues have been growing at an average rate of 13.2% per year. ConnectOne Bancorp's return on equity is 7.2%, and it has net margins of 31%.
Key information
11.7%
Earnings growth rate
8.6%
EPS growth rate
| Banks Industry Growth | 10.6% |
| Revenue growth rate | 13.2% |
| Return on equity | 7.2% |
| Net Margin | 31.0% |
| Next Earnings Update | 25 Apr 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How ConnectOne Bancorp makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Dec 23 | 261 | 81 | 123 | 0 |
| 30 Sep 23 | 276 | 94 | 122 | 0 |
| 30 Jun 23 | 283 | 102 | 120 | 0 |
| 31 Mar 23 | 295 | 112 | 117 | 0 |
| 31 Dec 22 | 298 | 119 | 111 | 0 |
| 30 Sep 22 | 293 | 119 | 107 | 0 |
| 30 Jun 22 | 292 | 124 | 103 | 0 |
| 31 Mar 22 | 286 | 125 | 98 | 0 |
| 31 Dec 21 | 284 | 128 | 97 | 0 |
| 30 Sep 21 | 270 | 123 | 94 | 0 |
| 30 Jun 21 | 258 | 115 | 92 | 0 |
| 31 Mar 21 | 240 | 98 | 90 | 0 |
| 31 Dec 20 | 211 | 71 | 87 | 0 |
| 30 Sep 20 | 201 | 66 | 83 | 0 |
| 30 Jun 20 | 190 | 63 | 79 | 0 |
| 31 Mar 20 | 186 | 67 | 75 | 0 |
| 31 Dec 19 | 186 | 73 | 70 | 0 |
| 30 Sep 19 | 178 | 71 | 67 | 0 |
| 30 Jun 19 | 169 | 69 | 63 | 0 |
| 31 Mar 19 | 162 | 68 | 60 | 0 |
| 31 Dec 18 | 142 | 60 | 57 | 0 |
| 30 Sep 18 | 141 | 52 | 56 | 0 |
| 30 Jun 18 | 138 | 45 | 54 | 0 |
| 31 Mar 18 | 134 | 35 | 53 | 0 |
| 31 Dec 17 | 147 | 43 | 52 | 0 |
| 30 Sep 17 | 117 | 30 | 51 | 0 |
| 30 Jun 17 | 112 | 29 | 49 | 0 |
| 31 Mar 17 | 107 | 32 | 49 | 0 |
| 31 Dec 16 | 101 | 31 | 48 | 0 |
| 30 Sep 16 | 119 | 43 | 47 | 0 |
| 30 Jun 16 | 117 | 42 | 46 | 0 |
| 31 Mar 16 | 115 | 41 | 44 | 0 |
| 31 Dec 15 | 113 | 41 | 43 | 0 |
| 30 Sep 15 | 114 | 40 | 40 | 0 |
| 30 Jun 15 | 112 | 31 | 40 | 0 |
| 31 Mar 15 | 97 | 24 | 34 | 0 |
| 31 Dec 14 | 82 | 18 | 29 | 0 |
| 30 Sep 14 | 67 | 15 | 25 | 0 |
| 30 Jun 14 | 53 | 19 | 20 | 0 |
| 31 Mar 14 | 53 | 19 | 20 | 0 |
| 31 Dec 13 | 53 | 20 | 20 | 0 |
| 30 Sep 13 | 52 | 19 | 20 | 0 |
| 30 Jun 13 | 51 | 19 | 20 | 0 |
Quality Earnings: CBM has high quality earnings.
Growing Profit Margin: CBM's current net profit margins (31%) are lower than last year (39.9%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: CBM's earnings have grown by 11.7% per year over the past 5 years.
Accelerating Growth: CBM's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: CBM had negative earnings growth (-32.1%) over the past year, making it difficult to compare to the Banks industry average (26.9%).
Return on Equity
High ROE: CBM's Return on Equity (7.2%) is considered low.