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ConnectOne Bancorp, Inc.NasdaqGS:CNOB Stock Report

Market Cap US$1.5b
Share Price
US$29.37
US$31.3
6.2% undervalued intrinsic discount
1Y28.4%
7D1.0%
Portfolio Value
View

ConnectOne Bancorp, Inc.

NasdaqGS:CNOB Stock Report

Market Cap: US$1.5b

ConnectOne Bancorp (CNOB) 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 United States. More details

CNOB fundamental analysis
Snowflake Score
Valuation3/6
Future Growth4/6
Past Performance3/6
Financial Health6/6
Dividends4/6

CNOB Community Fair Values

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See what 18 others think this stock is worth. Follow their fair value or set your own to get alerts.

ConnectOne Bancorp, Inc. Competitors

Price History & Performance

Summary of share price highs, lows and changes for ConnectOne Bancorp
Historical stock prices
Current Share PriceUS$29.22
52 Week HighUS$30.15
52 Week LowUS$21.79
Beta1.08
1 Month Change9.15%
3 Month Change9.77%
1 Year Change28.44%
3 Year Change112.05%
5 Year Change4.17%
Change since IPO2,058.56%

Recent News & Updates

Recent updates

ConnectOne: Merger Benefits Persist, But Loan Quality Requires Monitoring

Apr 27

CNOB: Long Island Integration And Credit Trends Will Shape Future Returns

Narrative Update on ConnectOne Bancorp The consensus analyst price target for ConnectOne Bancorp has shifted to $31, down $2 from the prior $33 level, as analysts factor in the benefits of added scale and an expanded Long Island presence following the FLIC acquisition, while modestly revising valuation assumptions. Analyst Commentary Recent Street research on ConnectOne Bancorp centers on how the bank is integrating the FLIC acquisition and what that might mean for growth, execution, and valuation as the combined franchise matures.

CNOB: Future Upside Will Rely On Long Island Scale Benefits

Analysts have adjusted their outlook on ConnectOne Bancorp, with a Street price target now framed around $31, down from a prior $33 level. This reflects updated views on the benefits of the FLIC integration, the bank's expanded Long Island presence, and refreshed assumptions for growth, profitability, and future P/E.

CNOB: Future Returns Will Depend On Long Island Integration And P/E Stability

Narrative Update on ConnectOne Bancorp The analyst price target for ConnectOne Bancorp has shifted to $31 from $33, with analysts linking the adjustment to updated assumptions around fair value, discount rate and future P/E, while still highlighting benefits from the FLIC integration and the bank's expanded Long Island presence. Analyst Commentary Analysts are reassessing ConnectOne Bancorp with fresh assumptions around fair value, discount rate and future P/E, while keeping attention on how the FLIC integration and Long Island expansion feed into the story.

CNOB: Future Returns Will Hinge On Earnings Power And P/E Stability

Narrative Update on ConnectOne Bancorp Analysts have raised their price target on ConnectOne Bancorp by $2, citing updated assumptions around revenue growth, profit margin and future P/E. These changes leave their fair value estimate broadly unchanged at $31.70 per share.

CNOB: Future Returns Will Hinge On Earnings Power And Loan Charge Offs

Analysts have raised their price target on ConnectOne Bancorp by $2, reflecting updated assumptions around discount rates, profit margins, and future P/E. These changes slightly adjust their outlook while keeping fair value at $31.70.

CNOB: Future Returns Will Depend On Earnings Power And Credit Costs

Analysts have nudged their fair value estimate for ConnectOne Bancorp higher, moving the target from US$30.60 to US$31.70 as they update assumptions around discount rates, revenue growth, profit margins and future P/E expectations. Analyst Commentary Bullish Takeaways Bullish analysts see the higher fair value and the recent US$2 price target lift as a sign that updated assumptions on discount rates and earnings power still support the stock at a modest premium to prior expectations.

ConnectOne Bancorp (NASDAQ:CNOB) Is Due To Pay A Dividend Of $0.18

Feb 03
ConnectOne Bancorp (NASDAQ:CNOB) Is Due To Pay A Dividend Of $0.18

CNOB: Future Upside Will Depend On Credit Costs And Buyback Discipline

Analysts have maintained their price target for ConnectOne Bancorp at around $30.60, indicating that their assumptions on fair value, discount rate, revenue growth, profit margin and future P/E remain largely unchanged. What's in the News From July 1, 2025 to September 30, 2025, ConnectOne Bancorp repurchased 0 shares for $0 million, while the company has completed the repurchase of 2,548,882 shares, representing 6.69%, for $58.98 million under the buyback announced on March 11, 2019 (Key Developments).

CNOB: Future Return Potential Will Rely On Credit Costs Stabilising

Analysts now hold their fair value estimate for ConnectOne Bancorp steady at US$30.60, with only slight tweaks to assumptions such as the discount rate and forward P/E that are guiding the unchanged price target. What's in the News ConnectOne Bancorp reported net loan charge offs of $5,135,000 for the third quarter ended September 30, 2025, compared with $3,506,000 for the same quarter a year earlier (Key Developments).

CNOB: Risk Profile Will Improve While Credit Costs And Margins Remain Key

Analysts have modestly raised their price target on ConnectOne Bancorp to approximately $30.60 from about $29.13, citing a lower perceived risk profile despite more tempered expectations for revenue growth and profit margins, along with a higher assumed future earnings multiple. What's in the News ConnectOne Bancorp completed its share repurchase program announced on March 11, 2019, retiring a total of 2,548,882 shares, or about 6.69% of shares, for $58.98 million.

ConnectOne Bancorp (NASDAQ:CNOB) Will Pay A Dividend Of $0.18

Nov 03
ConnectOne Bancorp (NASDAQ:CNOB) Will Pay A Dividend Of $0.18

ConnectOne Bancorp (NASDAQ:CNOB) Has Announced A Dividend Of $0.18

Aug 02
ConnectOne Bancorp (NASDAQ:CNOB) Has Announced A Dividend Of $0.18

ConnectOne Bancorp's (NASDAQ:CNOB) Dividend Will Be $0.18

May 07
ConnectOne Bancorp's (NASDAQ:CNOB) Dividend Will Be $0.18

ConnectOne: Solid Q1 Results And M&A Justify Current Valuation

Apr 24

ConnectOne Bancorp's (NASDAQ:CNOB) Dividend Will Be $0.18

Feb 17
ConnectOne Bancorp's (NASDAQ:CNOB) Dividend Will Be $0.18

ConnectOne Bancorp (NASDAQ:CNOB) Is Due To Pay A Dividend Of $0.18

Feb 02
ConnectOne Bancorp (NASDAQ:CNOB) Is Due To Pay A Dividend Of $0.18

ConnectOne Bancorp (NASDAQ:CNOB) Is Paying Out A Dividend Of $0.18

Oct 29
ConnectOne Bancorp (NASDAQ:CNOB) Is Paying Out A Dividend Of $0.18

Earnings Miss: ConnectOne Bancorp, Inc. Missed EPS By 7.3% And Analysts Are Revising Their Forecasts

Oct 27
Earnings Miss: ConnectOne Bancorp, Inc. Missed EPS By 7.3% And Analysts Are Revising Their Forecasts
User avatar

A Strategy For Enhanced Growth And Profitability

ConnectOne's expansion and new market entries aim to grow its client base and deposits, enhancing lending and interest income for revenue growth.

ConnectOne Bancorp: Preferred Shares Not Offering Attractive Yield

Aug 26

ConnectOne Bancorp (NASDAQ:CNOB) Will Pay A Dividend Of $0.18

Apr 30
ConnectOne Bancorp (NASDAQ:CNOB) Will Pay A Dividend Of $0.18

Shareholder Returns

CNOBUS BanksUS Market
7D1.0%0.5%0.6%
1Y28.4%30.7%28.7%

Return vs Industry: CNOB underperformed the US Banks industry which returned 29.9% over the past year.

Return vs Market: CNOB matched the US Market which returned 27.6% over the past year.

Price Volatility

Is CNOB's price volatile compared to industry and market?
CNOB volatility
CNOB Average Weekly Movement3.9%
Banks Industry Average Movement3.6%
Market Average Movement7.2%
10% most volatile stocks in US Market16.2%
10% least volatile stocks in US Market3.3%

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

Volatility Over Time: CNOB's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1982753Frank 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 United States. 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 also provides retirement accounts, consumer and cash management services for business clients, including treasury direct, automated clearing house origination, remote deposit capture, and digital invoicing.

ConnectOne Bancorp, Inc. Fundamentals Summary

How do ConnectOne Bancorp's earnings and revenue compare to its market cap?
CNOB fundamental statistics
Market capUS$1.46b
Earnings (TTM)US$91.81m
Revenue (TTM)US$378.40m
16.0x
P/E Ratio
1.0x
P/B Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
CNOB income statement (TTM)
RevenueUS$378.40m
Cost of RevenueUS$0
Gross ProfitUS$378.40m
Other ExpensesUS$286.59m
EarningsUS$91.81m

Last Reported Earnings

Mar 31, 2026

Next Earnings Date

n/a

Earnings per share (EPS)1.83
Gross Margin100.00%
Net Profit Margin24.26%
Debt/Equity Ratio64.7%

How did CNOB perform over the long term?

See historical performance and comparison

Dividends

2.5%
Current Dividend Yield
28%
Payout Ratio

Does CNOB pay a reliable dividends?

See CNOB dividend history and benchmarks
When do you need to buy CNOB by to receive an upcoming dividend?
ConnectOne Bancorp dividend dates
Ex Dividend DateMay 15 2026
Dividend Pay DateJun 01 2026
Days until Ex dividend13 days
Days until Dividend pay date30 days

Does CNOB pay a reliable dividends?

See CNOB dividend history and benchmarks

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/04/30 18:45
End of Day Share Price 2026/04/30 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

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.

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 Github.

Analyst Sources

ConnectOne Bancorp, Inc. is covered by 11 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Taylor BrodarickGuggenheim Securities, LLC
Feddie StricklandHovde Group, LLC
Timothy SwitzerKeefe, Bruyette, & Woods