ConnectOne Bancorp Balance Sheet Health
Financial Health criteria checks 6/6
ConnectOne Bancorp has total assets of $9.6B and total equity of $1.2B. Total deposits are $7.5B, and total loans are $8.0B. It earns a Net Interest Margin of 2.8%. It has sufficient allowance for bad loans, which are currently at 0.6% of total loans. Cash and short-term investments are $276.7M.
Key information
7.8x
Asset to equity ratio
2.8%
Net interest margin
| Total deposits | US$7.52b |
| Loan to deposit ratio | Appropriate |
| Bad loans | 0.6% |
| Allowance for bad loans | Sufficient |
| Current ratio | Low |
| Cash & equivalents | US$276.75m |
Recent financial health updates
No updates
Recent updates
ConnectOne Bancorp (NASDAQ:CNOB) Is Paying Out A Dividend Of $0.18
Oct 29
Earnings Miss: ConnectOne Bancorp, Inc. Missed EPS By 7.3% And Analysts Are Revising Their Forecasts
Oct 27ConnectOne Bancorp: Preferred Shares Not Offering Attractive Yield
Aug 26ConnectOne Bancorp (NASDAQ:CNOB) Will Pay A Dividend Of $0.18
Apr 30Does ConnectOne Bancorp (NASDAQ:CNOB) Deserve A Spot On Your Watchlist?
Aug 01ConnectOne Bancorp Q2 GAAP EPS, revenue beats
Jul 28ConnectOne Bancorp (NASDAQ:CNOB) Is Increasing Its Dividend To US$0.15
May 06I Ran A Stock Scan For Earnings Growth And ConnectOne Bancorp (NASDAQ:CNOB) Passed With Ease
May 02ConnectOne: Undervalued Serial Acquirer In NJ
Feb 14Should You Be Adding ConnectOne Bancorp (NASDAQ:CNOB) To Your Watchlist Today?
Jan 06Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Financial Institutions Analysis
Asset Level: CNOB's Assets to Equity ratio (7.8x) is low.
Allowance for Bad Loans: CNOB has a sufficient allowance for bad loans (161%).
Low Risk Liabilities: 90% of CNOB's liabilities are made up of primarily low risk sources of funding.
Loan Level: CNOB has an appropriate level of Loans to Assets ratio (83%).
Low Risk Deposits: CNOB's Loans to Deposits ratio (107%) is appropriate.
Level of Bad Loans: CNOB has an appropriate level of bad loans (0.6%).