company background image
CNOB logo

ConnectOne Bancorp NasdaqGS:CNOB Stock Report

Last Price

US$18.46

Market Cap

US$705.5m

7D

2.0%

1Y

19.0%

Updated

25 Apr, 2024

Data

Company Financials +

ConnectOne Bancorp, Inc.

NasdaqGS:CNOB Stock Report

Market Cap: US$705.5m

CNOB Stock Overview

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.

CNOB fundamental analysis
Snowflake Score
Valuation5/6
Future Growth2/6
Past Performance2/6
Financial Health6/6
Dividends4/6

ConnectOne Bancorp, Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for ConnectOne Bancorp
Historical stock prices
Current Share PriceUS$18.46
52 Week HighUS$24.44
52 Week LowUS$13.11
Beta1.23
1 Month Change-1.18%
3 Month Change-20.57%
1 Year Change19.02%
3 Year Change-31.40%
5 Year Change-18.86%
Change since IPO1,263.69%

Recent News & Updates

Recent updates

Does ConnectOne Bancorp (NASDAQ:CNOB) Deserve A Spot On Your Watchlist?

Aug 01
Does ConnectOne Bancorp (NASDAQ:CNOB) Deserve A Spot On Your Watchlist?

ConnectOne Bancorp Q2 GAAP EPS, revenue beats

Jul 28

ConnectOne Bancorp (NASDAQ:CNOB) Is Increasing Its Dividend To US$0.15

May 06
ConnectOne Bancorp (NASDAQ:CNOB) Is Increasing Its Dividend To US$0.15

I Ran A Stock Scan For Earnings Growth And ConnectOne Bancorp (NASDAQ:CNOB) Passed With Ease

May 02
I Ran A Stock Scan For Earnings Growth And ConnectOne Bancorp (NASDAQ:CNOB) Passed With Ease

ConnectOne: Undervalued Serial Acquirer In NJ

Feb 14

Should You Be Adding ConnectOne Bancorp (NASDAQ:CNOB) To Your Watchlist Today?

Jan 06
Should You Be Adding ConnectOne Bancorp (NASDAQ:CNOB) To Your Watchlist Today?

ConnectOne Bancorp's (NASDAQ:CNOB) Dividend Will Be Increased To US$0.11

Aug 01
ConnectOne Bancorp's (NASDAQ:CNOB) Dividend Will Be Increased To US$0.11

ConnectOne Bancorp, Inc.'s (NASDAQ:CNOB) CEO Compensation Is Looking A Bit Stretched At The Moment

May 19
ConnectOne Bancorp, Inc.'s (NASDAQ:CNOB) CEO Compensation Is Looking A Bit Stretched At The Moment

I Ran A Stock Scan For Earnings Growth And ConnectOne Bancorp (NASDAQ:CNOB) Passed With Ease

May 02
I Ran A Stock Scan For Earnings Growth And ConnectOne Bancorp (NASDAQ:CNOB) Passed With Ease

Do Institutions Own ConnectOne Bancorp, Inc. (NASDAQ:CNOB) Shares?

Mar 16
Do Institutions Own ConnectOne Bancorp, Inc. (NASDAQ:CNOB) Shares?

Have Insiders Sold ConnectOne Bancorp, Inc. (NASDAQ:CNOB) Shares Recently?

Feb 18
Have Insiders Sold ConnectOne Bancorp, Inc. (NASDAQ:CNOB) Shares Recently?

Here's What We Like About ConnectOne Bancorp's (NASDAQ:CNOB) Upcoming Dividend

Feb 06
Here's What We Like About ConnectOne Bancorp's (NASDAQ:CNOB) Upcoming Dividend

Shareholder Returns

CNOBUS BanksUS Market
7D2.0%5.3%1.0%
1Y19.0%31.6%21.9%

Return vs Industry: CNOB underperformed the US Banks industry which returned 34.4% over the past year.

Return vs Market: CNOB underperformed the US Market which returned 24.9% over the past year.

Price Volatility

Is CNOB's price volatile compared to industry and market?
CNOB volatility
CNOB Average Weekly Movement5.4%
Banks Industry Average Movement4.5%
Market Average Movement6.0%
10% most volatile stocks in US Market16.8%
10% least volatile stocks in US Market3.0%

Stable Share Price: CNOB's share price has been volatile over the past 3 months.

Volatility Over Time: CNOB'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?
CNOB fundamental statistics
Market capUS$705.49m
Earnings (TTM)US$73.03m
Revenue (TTM)US$252.18m

9.7x

P/E Ratio

0.6x

P/B Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
CNOB income statement (TTM)
RevenueUS$252.18m
Cost of RevenueUS$0
Gross ProfitUS$252.18m
Other ExpensesUS$179.15m
EarningsUS$73.03m

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)1.91
Gross Margin100.00%
Net Profit Margin28.96%
Debt/Equity Ratio78.7%

How did CNOB perform over the long term?

See historical performance and comparison

Dividends

3.7%

Current Dividend Yield

27%

Payout Ratio
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.