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Financial Services - Banks - Regional - NASDAQ - US
$ 22.07
-0.835 %
$ 849 M
Market Cap
12.15
P/E
1. INTRINSIC VALUE

This DCF valuation model was last updated on Apr, 22, 2025.

The intrinsic value of one CNOB stock under the worst case scenario is HIDDEN Compared to the current market price of 22.1 USD, ConnectOne Bancorp, Inc. is HIDDEN

This DCF valuation model was last updated on Apr, 22, 2025.

The intrinsic value of one CNOB stock under the base case scenario is HIDDEN Compared to the current market price of 22.1 USD, ConnectOne Bancorp, Inc. is HIDDEN

This DCF valuation model was last updated on Apr, 22, 2025.

The intrinsic value of one CNOB stock under the best case scenario is HIDDEN Compared to the current market price of 22.1 USD, ConnectOne Bancorp, Inc. is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart CNOB

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$29.0$29.0$28.0$28.0$27.0$27.0$26.0$26.0$25.0$25.0$24.0$24.0$23.0$23.0$22.0$22.0$21.0$21.0$20.0$20.0Nov '24Nov '2415 Nov15 NovDec '24Dec '2415 Dec15 DecJan '25Jan '2515 Jan15 JanFeb '25Feb '2515 Feb15 FebMar '25Mar '2515 Mar15 MarApr '25Apr '2515 Apr15 Apr
FINANCIALS
518 M REVENUE
92.45%
515 M OPERATING INCOME
340.73%
73.8 M NET INCOME
-15.18%
60.7 M OPERATING CASH FLOW
-34.65%
55.2 M INVESTING CASH FLOW
122.23%
-2.08 M FINANCING CASH FLOW
-1.60%
68.5 M REVENUE
4.31%
0 OPERATING INCOME
0.00%
20.4 M NET INCOME
18.71%
32.2 M OPERATING CASH FLOW
324.54%
-157 M INVESTING CASH FLOW
-368.24%
234 M FINANCING CASH FLOW
413.82%
Balance Sheet ConnectOne Bancorp, Inc.
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Current Assets 8.91 B
Cash & Short-Term Investments 671 M
Receivables 8.24 B
Other Current Assets 0
Non-Current Assets 256 M
Long-Term Investments 0
PP&E 42.9 M
Other Non-Current Assets 213 M
7.32 %89.89 %Total Assets$9.2b
Current Liabilities 15.5 M
Accounts Payable 0
Short-Term Debt 15.5 M
Other Current Liabilities 0
Non-Current Liabilities 8.62 B
Long-Term Debt 15.5 M
Other Non-Current Liabilities 8.61 B
99.64 %Total Liabilities$8.6b
EFFICIENCY
Earnings Waterfall ConnectOne Bancorp, Inc.
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Revenue 518 M
Cost Of Revenue 0
Gross Profit 518 M
Operating Expenses 2.42 M
Operating Income 515 M
Other Expenses 442 M
Net Income 73.8 M
600m600m500m500m400m400m300m300m200m200m100m100m00518m0518m(2m)515m(442m)74mRevenueRevenueCost Of RevenueCost Of RevenueGross ProfitGross ProfitOperating ExpensesOperating ExpensesOperating IncomeOperating IncomeOther ExpensesOther ExpensesNet IncomeNet Income
RATIOS
100.00% GROSS MARGIN
100.00%
99.53% OPERATING MARGIN
99.53%
14.25% NET MARGIN
14.25%
5.94% ROE
5.94%
0.75% ROA
0.75%
4.22% ROIC
4.22%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis ConnectOne Bancorp, Inc.
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200m200m180m180m160m160m140m140m120m120m100m100m80m80m60m60m40m40m20m20m0020162016201720172018201820192019202020202021202120222022202320232024202420252025
Net Income 73.8 M
Depreciation & Amortization 5.66 M
Capital Expenditures 0
Stock-Based Compensation 4.57 M
Change in Working Capital -28 M
Others -24.9 M
Free Cash Flow 60.7 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets ConnectOne Bancorp, Inc.
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Wall Street analysts predict an average 1-year price target for CNOB of $28.2 , with forecasts ranging from a low of $25 to a high of $33 .
CNOB Lowest Price Target Wall Street Target
25 USD 13.28%
CNOB Average Price Target Wall Street Target
28.2 USD 27.62%
CNOB Highest Price Target Wall Street Target
33 USD 49.52%
Price
Max Price Target
Min Price Target
Average Price Target
3434323230302828262624242222202018181616Jun '24Jun '24Jul '24Jul '24Aug '24Aug '24Oct '24Oct '24Nov '24Nov '2420252025Feb '25Feb '25Apr '25Apr '25Jun '25Jun '25Jul '25Jul '25Aug '25Aug '25Oct '25Oct '25Nov '25Nov '2520262026Feb '26Feb '26Apr '26Apr '26
4. DIVIDEND ANALYSIS
0.96% DIVIDEND YIELD
0.18 USD DIVIDEND PER SHARE
Q1
Q2
Q3
Q4
0.8000.8000.7000.7000.6000.6000.5000.5000.4000.4000.3000.3000.2000.2000.1000.1000.0000.0000.0750.0750.0750.0750.0750.090.090.130.1550.170.180.0750.0750.0750.0750.090.090.110.1550.170.180.0750.0750.0750.0750.090.090.110.1550.170.180.0750.300.0750.300.0750.300.0750.300.090.350.090.360.130.440.1550.600.170.670.180.710.182015201520162016201720172018201820192019202020202021202120222022202320232024202420252025
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5. COMPETITION
slide 2 of 12
6. Ownership
Insider Ownership ConnectOne Bancorp, Inc.
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Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
7. News
ConnectOne Bancorp, Inc. to Host 2025 First Quarter Results Conference Call on April 24, 2025 ENGLEWOOD CLIFFS, N.J., April 10, 2025 (GLOBE NEWSWIRE) -- ConnectOne Bancorp, Inc. (Nasdaq: CNOB) (the “Company” or “ConnectOne”), parent company of ConnectOne Bank (the “Bank”), today announced that it plans to release results for the first quarter ended March 31, 2025, before the market opens on Thursday, April 24, 2025. Management will also host a conference call and audio webcast at 10:00 a.m. ET on April 24, 2025, to review the Company's financial performance and operating results. globenewswire.com - 3 weeks ago
ConnectOne Bancorp Shares Are Rarely This Cheap, Analyst Upgrades Stock And Price Forecast ConnectOne Bancorp, Inc. CNOB shares are trading higher on Wednesday. benzinga.com - 1 month ago
ConnectOne Bancorp (CNOB) Could Be a Great Choice Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does ConnectOne Bancorp (CNOB) have what it takes? zacks.com - 1 month ago
ConnectOne Bancorp (CNOB) Could Be a Great Choice Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does ConnectOne Bancorp (CNOB) have what it takes? zacks.com - 1 month ago
Shareholders of ConnectOne Bancorp, Inc. and The First of Long Island Corporation Approve Proposed Merger ENGLEWOOD CLIFFS, N.J. and MELVILLE, N.Y., Feb. 14, 2025 (GLOBE NEWSWIRE) -- ConnectOne Bancorp, Inc. (Nasdaq: CNOB) (the “Company” or “ConnectOne”), parent company of ConnectOne Bank (the “Bank”), and The First of Long Island Corporation (Nasdaq: FLIC) (“First of Long Island”), parent company of The First National Bank of Long Island, today announced that at separate special meetings the shareholders of both companies approved proposals relating to the pending merger of ConnectOne and First of Long Island. Closing of the transaction is expected to occur in the second quarter of 2025, subject to the receipt of regulatory approval and other customary closing conditions. globenewswire.com - 2 months ago
ConnectOne Bancorp, Inc. (CNOB) Q4 2024 Earnings Call Transcript ConnectOne Bancorp, Inc. (NASDAQ:CNOB ) Q4 2024 Earnings Conference Call January 30, 2025 10:00 AM ET Company Participants Siya Vansia - Chief Brand and Innovation Officer Frank Sorrentino - Chairman and Chief Executive Officer William Burns - Senior Executive Vice President and Chief Financial Officer Conference Call Participants Matthew Breese - Stephens Inc. Daniel Tamayo - Raymond James Timothy Switzer - KBW Operator Hello and thank you for standing by. My name is Bella and I will be your conference operator today. seekingalpha.com - 3 months ago
ConnectOne Bancorp, Inc. to Host 2024 Fourth Quarter Results Conference Call on January 30, 2025 ENGLEWOOD CLIFFS, N.J., Jan. 10, 2025 (GLOBE NEWSWIRE) -- ConnectOne Bancorp, Inc. (Nasdaq: CNOB) (the “Company” or “ConnectOne”), parent company of ConnectOne Bank (the “Bank”), today announced that it plans to release results for the fourth quarter ended December 31, 2024, before the market opens on Thursday, January 30, 2025. Management will also host a conference call and audio webcast at 10:00 a.m. ET on January 30, 2025, to review the Company's financial performance and operating results. globenewswire.com - 3 months ago
FIRST OF LONG ISLAND INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of The First of Long Island Corporation - FLIC NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of The First of Long Island Corporation (NasdaqCM: FLIC) to ConnectOne Bancorp, Inc. (NasdaqGS: CNOB). Under the terms of the proposed transaction, shareholders of FLIC will receive 0.5175 shares of ConnectOne for each share of FLIC that they own. KSF is seeking to determine whether this consideration and the pro. businesswire.com - 3 months ago
CNOB Stock Alert: Halper Sadeh LLC Is Investigating Whether the Merger of ConnectOne Bancorp, Inc. Is Fair to Shareholders NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the merger of ConnectOne Bancorp, Inc. (NASDAQ: CNOB) and The First of Long Island Corporation is fair to ConnectOne shareholders. Halper Sadeh encourages ConnectOne shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or sadeh@halpersadeh.com or zhalper@halpersadeh.com. The investigation concerns whether ConnectO. businesswire.com - 4 months ago
RRD's ConnectOne Storefront℠ Designed to Drive Efficiency, Reduce Costs for Brands CHICAGO--(BUSINESS WIRE)--RRD, a global provider of marketing, packaging, print, and supply chain solutions, recently unveiled ConnectOne Storefront, a web-based marketing and e-commerce platform for multichannel communications. ConnectOne Storefront is designed to drive operational efficiencies and reduce costs by providing seamless ordering, fulfillment, content customization, and direct mail campaign management. As a major upgrade to RRD's legacy e-commerce portal, CustomPoint, ConnectOne St. businesswire.com - 4 months ago
ConnectOne Bancorp, Inc. (CNOB) Q3 2024 Earnings Call Transcript ConnectOne Bancorp, Inc. (NASDAQ:CNOB ) Q3 2024 Earnings Call Transcript October 24, 2024 10:00 AM ET Company Participants Siya Vansia - Chief Brand & Innovation Officer Frank Sorrentino - Chairman & Chief Executive Officer Bill Burns - Senior Executive Vice President & Chief Financial Officer Conference Call Participants Matt Breese - Stephens Inc. Dan Tamayo - Raymond James Frank Schiraldi - Piper Sandler Tim Switzer - KBW Operator Hello, and welcome to ConnectOne Bancorp Third Quarter 2024 Earnings Call. Please note that all lines are in listen-only mode. seekingalpha.com - 6 months ago
ConnectOne (CNOB) Reports Q3 Earnings: What Key Metrics Have to Say While the top- and bottom-line numbers for ConnectOne (CNOB) give a sense of how the business performed in the quarter ended September 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values. zacks.com - 6 months ago
8. Profile Summary

ConnectOne Bancorp, Inc. CNOB

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COUNTRY US
INDUSTRY Banks - Regional
MARKET CAP $ 849 M
Dividend Yield 0.96%
Description 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 Northern New Jersey and New York Metropolitan area, and South Florida market. The company offers personal and business checking, retirement, money market, and time and savings accounts. It also provides consumer and commercial business loans on a secured and unsecured basis; revolving lines of credit; commercial mortgage loans; residential mortgages on primary and secondary residences; home equity loans; bridge loans; other personal purpose loans; and commercial construction and real estate loans. In addition, the company offers check cards, ATM cards, credit cards, wire transfers, access to automated teller services, Internet banking, treasury direct, automated clearing house origination, mobile banking by phone, safe deposit boxes, and remote deposit capture services. It operates through a network of eight banking offices in Bergen County, five banking offices in Union County, one banking office in Morris County, one office in Essex County, one office in Hudson County, one office in Monmouth County, one banking office in Manhattan in New York City, one office in Nassau County on Long Island, one in Astoria, and five branches in the Hudson Valley, as well as one financial center in West Palm Beach in Palm Beach County. The company was formerly known as Center Bancorp, Inc. and changed its name to ConnectOne Bancorp, Inc. in July 2014. ConnectOne Bancorp, Inc. was incorporated in 1982 and is headquartered in Englewood Cliffs, New Jersey.
Contact 301 Sylvan Avenue, Englewood Cliffs, NJ, 07632 https://www.connectonebank.com
IPO Date April 4, 1994
Employees 489
Officers Ms. Siya Vansia Senior Vice President & Chief Brand & Innovation Officer Mr. Sharif Alexandre Executive Vice President & Chief Technology Officer Mr. Michael O'Malley Executive Vice President & Chief Risk Officer Mr. Frank S. Sorrentino III Chairman, President & Chief Executive Officer Mr. William S. Burns Senior EVice President & Chief Financial Officer Ms. Ali M. Mattera Chief Digital Officer Ms. Elizabeth Magennis President of ConnectOne Bank & Director Mr. Joseph T. Javitz First Senior Vice President & Chief Credit Officer Ms. Laura Criscione Executive Vice President, Corporate Secretary & Chief Compliance Officer Mr. Michael Rozman President of BoeFly Division