ConnectOne Bancorp Past Earnings Performance

Past criteria checks 2/6

ConnectOne Bancorp has been growing earnings at an average annual rate of 2.7%, while the Banks industry saw earnings growing at 18% annually. Revenues have been growing at an average rate of 7.3% per year. ConnectOne Bancorp's return on equity is 5.9%, and it has net margins of 26.7%.

Key information

2.7%

Earnings growth rate

1.6%

EPS growth rate

Banks Industry Growth10.6%
Revenue growth rate7.3%
Return on equity5.9%
Net Margin26.7%
Last Earnings Update30 Sep 2024

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How ConnectOne Bancorp makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

DB:CBM Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 24249661280
30 Jun 24251711260
31 Mar 24252731240
31 Dec 23261811230
30 Sep 23276941220
30 Jun 232831021200
31 Mar 232951121170
31 Dec 222981191110
30 Sep 222931191070
30 Jun 222921241030
31 Mar 22286125980
31 Dec 21284128970
30 Sep 21270123940
30 Jun 21258115920
31 Mar 2124098900
31 Dec 2021171870
30 Sep 2020166830
30 Jun 2019063790
31 Mar 2018667750
31 Dec 1918673700
30 Sep 1917871670
30 Jun 1916969630
31 Mar 1916268600
31 Dec 1814260570
30 Sep 1814152560
30 Jun 1813845540
31 Mar 1813435530
31 Dec 1714743520
30 Sep 1711730510
30 Jun 1711229490
31 Mar 1710732490
31 Dec 1610131480
30 Sep 1611943470
30 Jun 1611742460
31 Mar 1611541440
31 Dec 1511341430
30 Sep 1511440400
30 Jun 1511231400
31 Mar 159724340
31 Dec 148218290
30 Sep 146715250
30 Jun 145319200
31 Mar 145319200
31 Dec 135320200

Quality Earnings: CBM has high quality earnings.

Growing Profit Margin: CBM's current net profit margins (26.7%) are lower than last year (34.1%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: CBM's earnings have grown by 2.7% 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 (-29.3%) over the past year, making it difficult to compare to the Banks industry average (12.6%).


Return on Equity

High ROE: CBM's Return on Equity (5.9%) is considered low.


Return on Assets


Return on Capital Employed


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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