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 New York Metropolitan area and South Florida market. More details
| Snowflake Score | |
|---|---|
| Valuation | 5/6 |
| Future Growth | 5/6 |
| Past Performance | 2/6 |
| Financial Health | 6/6 |
| Dividends | 5/6 |
Rewards
Risk Analysis
No risks detected for CNOB from our risk checks.
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ConnectOne Bancorp, Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$22.65 |
| 52 Week High | US$29.31 |
| 52 Week Low | US$17.07 |
| Beta | 1.26 |
| 1 Month Change | -18.38% |
| 3 Month Change | -7.48% |
| 1 Year Change | -1.13% |
| 3 Year Change | -30.76% |
| 5 Year Change | -12.11% |
| Change since IPO | 1,573.22% |
Recent News & 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 27Recent updates
ConnectOne Bancorp (NASDAQ:CNOB) Is Paying Out A Dividend Of $0.18
Oct 29Earnings 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 06Shareholder Returns
| CNOB | US Banks | US Market | |
|---|---|---|---|
| 7D | -2.6% | 3.4% | 2.8% |
| 1Y | -1.1% | 29.6% | 24.6% |
Return vs Industry: CNOB underperformed the US Banks industry which returned 29.6% over the past year.
Return vs Market: CNOB underperformed the US Market which returned 24.6% over the past year.
Price Volatility
| CNOB volatility | |
|---|---|
| CNOB Average Weekly Movement | 6.5% |
| Banks Industry Average Movement | 5.2% |
| Market Average Movement | 6.3% |
| 10% most volatile stocks in US Market | 17.4% |
| 10% least volatile stocks in US Market | 3.1% |
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 (6%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1982 | 493 | Frank Sorrentino | www.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
| CNOB fundamental statistics | |
|---|---|
| Market cap | US$883.47m |
| Earnings (TTM) | US$66.47m |
| Revenue (TTM) | US$248.64m |
13.0x
P/E Ratio0.8x
P/B RatioIs CNOB overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| CNOB income statement (TTM) | |
|---|---|
| Revenue | US$248.64m |
| Cost of Revenue | US$0 |
| Gross Profit | US$248.64m |
| Other Expenses | US$182.17m |
| Earnings | US$66.47m |
Last Reported Earnings
Sep 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | 1.74 |
| Gross Margin | 100.00% |
| Net Profit Margin | 26.73% |
| Debt/Equity Ratio | 66.3% |
How did CNOB perform over the long term?
See historical performance and comparisonDividends
3.2%
Current Dividend Yield41%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/27 00:44 |
| End of Day Share Price | 2024/12/27 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
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| Key Developments | 10 years |
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* 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.
| Analyst | Institution |
|---|---|
| Robert Ramsey | FBR Capital Markets & Co. |
| Taylor Brodarick | Guggenheim Securities, LLC |
| Christopher McGratty | Keefe, Bruyette, & Woods |