ConnectOne Bancorp Past Earnings Performance

Past criteria checks 2/6

ConnectOne Bancorp has been growing earnings at an average annual rate of 8.5%, while the Banks industry saw earnings growing at 9.5% annually. Revenues have been growing at an average rate of 11% per year. ConnectOne Bancorp's return on equity is 6.5%, and it has net margins of 29%.

Key information

8.5%

Earnings growth rate

6.1%

EPS growth rate

Banks Industry Growth	11.2%
Revenue growth rate	11.0%
Return on equity	6.5%
Net Margin	29.0%
Last Earnings Update	31 Mar 2024

Recent past performance updates

Recent updates

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

May 02

ConnectOne: Undervalued Serial Acquirer In NJ

Feb 14

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

Jan 06

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

Aug 01

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

May 19

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

May 02

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

Mar 16

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

Feb 18

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

Feb 06

Revenue & Expenses Breakdown
Beta

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

Earnings and Revenue History

NasdaqGS:CNOB Revenue, expenses and earnings (USD Millions)
Date	Revenue	Earnings	G+A Expenses
31 Mar 24	252	73	124
31 Dec 23	261	81	123
30 Sep 23	276	94	122
30 Jun 23	283	102	120
31 Mar 23	295	112	117
31 Dec 22	298	119	111
30 Sep 22	293	119	107
30 Jun 22	292	124	103
31 Mar 22	286	125	98
31 Dec 21	284	128	97
30 Sep 21	270	123	94
30 Jun 21	258	115	92
31 Mar 21	240	98	90
31 Dec 20	211	71	87
30 Sep 20	201	66	83
30 Jun 20	190	63	79
31 Mar 20	186	67	75
31 Dec 19	186	73	70
30 Sep 19	178	71	67
30 Jun 19	169	69	63
31 Mar 19	162	68	60
31 Dec 18	142	60	57
30 Sep 18	141	52	56
30 Jun 18	138	45	54
31 Mar 18	134	35	53
31 Dec 17	147	43	52
30 Sep 17	117	30	51
30 Jun 17	112	29	49
31 Mar 17	107	32	49
31 Dec 16	101	31	48
30 Sep 16	119	43	47
30 Jun 16	117	42	46
31 Mar 16	115	41	44
31 Dec 15	113	41	43
30 Sep 15	114	40	40
30 Jun 15	112	31	40
31 Mar 15	97	24	34
31 Dec 14	82	18	29
30 Sep 14	67	15	25
30 Jun 14	53	19	20
31 Mar 14	53	19	20
31 Dec 13	53	20	20
30 Sep 13	52	19	20
30 Jun 13	51	19	20

Quality Earnings: CNOB has high quality earnings.

Growing Profit Margin: CNOB's current net profit margins (29%) are lower than last year (38.2%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: CNOB's earnings have grown by 8.5% per year over the past 5 years.

Accelerating Growth: CNOB's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: CNOB had negative earnings growth (-35.1%) over the past year, making it difficult to compare to the Banks industry average (-13.2%).

ConnectOne Bancorp Past Earnings Performance

Past criteria checks 2/6

Key information

Recent past performance updates

First quarter 2024 earnings: EPS and revenues miss analyst expectations

Full year 2023 earnings: EPS in line with expectations, revenues disappoint

Full year 2023 earnings: EPS in line with expectations, revenues disappoint

ConnectOne Bancorp, Inc. to Report Q4, 2023 Results on Jan 25, 2024

Third quarter 2023 earnings released: EPS: US$0.51 (vs US$0.70 in 3Q 2022)

ConnectOne Bancorp, Inc. to Report Q3, 2023 Results on Oct 26, 2023

Recent updates

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

First quarter dividend of US$0.18 announced

First quarter 2024 earnings: EPS and revenues miss analyst expectations

ConnectOne Bancorp, Inc., Annual General Meeting, May 21, 2024

Full year 2023 earnings: EPS in line with expectations, revenues disappoint

Upcoming dividend of US$0.17 per share at 3.2% yield

Fourth quarter dividend of US$0.17 announced

Full year 2023 earnings: EPS in line with expectations, revenues disappoint

ConnectOne Bancorp, Inc. Declares Cash Dividend on Common Stock, Payable on March 1, 2024

Price target increased by 8.5% to US$25.50

ConnectOne Bancorp, Inc. to Report Q4, 2023 Results on Jan 25, 2024

Price target increased by 11% to US$24.70

Lead Independent Director recently bought US$152k worth of stock

Upcoming dividend of US$0.17 per share at 3.7% yield

Investor sentiment improves as stock rises 19%

Connectone Bancorp, Inc. Announces Cash Dividend on Common Stock, Will Be Paid on December 1, 2023

Third quarter 2023 earnings released: EPS: US$0.51 (vs US$0.70 in 3Q 2022)

ConnectOne Bancorp, Inc. to Report Q3, 2023 Results on Oct 26, 2023

New minor risk - Insider selling

Independent Director recently sold US$983k worth of stock

Independent Director notifies of intention to sell stock

Upcoming dividend of US$0.17 per share at 3.3% yield

Price target increased by 7.9% to US$22.67

Second quarter 2023 earnings: EPS exceeds analyst expectations

ConnectOne Bancorp, Inc. Declares a Quarterly Cash Dividend on its Common Stock, Payable on September 1, 2023

ConnectOne Bancorp, Inc. to Report Q2, 2023 Results on Jul 27, 2023

Investor sentiment improves as stock rises 17%

Independent Director recently bought US$69k worth of stock

Upcoming dividend of US$0.17 per share at 4.9% yield

First quarter 2023 earnings: EPS and revenues miss analyst expectations

Price target decreased by 9.4% to US$25.67

Lead Independent Director recently bought US$209k worth of stock

Investor sentiment deteriorates as stock falls 23%

Independent Director recently sold US$984k worth of stock

Independent Director notifies of intention to sell stock

Upcoming dividend of US$0.15 per share at 2.5% yield

Insufficient new directors

Price target decreased by 8.5% to US$28.67

ConnectOne Bancorp, Inc. Declares Quarterly Common Dividend, Payable on March 1, 2023

Full year 2022 earnings: EPS and revenues miss analyst expectations

ConnectOne Bancorp, Inc. to Report Q4, 2022 Results on Jan 26, 2023

Lead Independent Director recently bought US$199k worth of stock

Upcoming dividend of US$0.15 per share

Third quarter 2022 earnings: EPS misses analyst expectations

ConnectOne Bancorp, Inc. Declares Cash Dividend on Its Common Stock, Will Be Paid on December 1, 2022

ConnectOne Bancorp, Inc. to Report Q3, 2022 Results on Oct 27, 2022

Upcoming dividend of US$0.15 per share

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

ConnectOne Bancorp, Inc. Reports Net Loan Charge-Offs for the Second Quarter Ended June 30, 2022

Second quarter 2022 earnings: EPS and revenues exceed analyst expectations

ConnectOne Bancorp Q2 GAAP EPS, revenue beats

ConnectOne Bancorp, Inc. to Report Q2, 2022 Results on Jul 28, 2022

Price target decreased to US$32.00

Price target decreased to US$33.25

Lead Independent Director recently bought US$150k worth of stock

Upcoming dividend of US$0.15 per share

Connectone Bancorp, Inc. Announces Partnership with Nymbus to Build Bespoke Banking Solution

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

First quarter 2022 earnings: EPS in line with expectations, revenues disappoint

ConnectOne Bancorp, Inc. to Report Q1, 2022 Results on Apr 28, 2022

ConnectOne Bancorp, Inc., Annual General Meeting, May 24, 2022

Independent Director recently bought US$125k worth of stock

ConnectOne: Undervalued Serial Acquirer In NJ

Upcoming dividend of US$0.13 per share

Full year 2021 earnings: EPS in line with expectations, revenues disappoint

ConnectOne Bancorp, Inc. Reports Net Charge Off for the Fourth Quarter Ended December 31, 2021

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

Independent Director notifies of intention to sell stock

Revenue & Expenses Breakdown
Beta