Financial Services -
Banks - Regional - NASDAQ - US
$ 23.47
-1.57 %
$ 903 M
Market Cap
12.61
P/E
1. INTRINSIC VALUE
Balance Sheet
ConnectOne Bancorp, Inc.
| 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 | 24.3 M |
| PP&E | 42.9 M |
| Other Non-Current Assets | 189 M |
| 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 | 784 M |
| Other Non-Current Liabilities | 7.84 B |
EFFICIENCY
Earnings Waterfall
ConnectOne Bancorp, Inc.
| 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 |
RATIOS
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
ConnectOne Bancorp, Inc.
| 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 | 56.9 M |
Wall Street Analysts Price Targets
ConnectOne Bancorp, Inc.
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
6.52%
CNOB Average Price Target
Wall Street Target
28.2 USD
20.01%
CNOB Highest Price Target
Wall Street Target
33 USD
40.61%
4. DIVIDEND
ANALYSIS
0.84%
DIVIDEND YIELD
0.18 USD
DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership
ConnectOne Bancorp, Inc.
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. and The First of Long Island Corporation Announce Receipt of FDIC Approval for Merger
ENGLEWOOD CLIFFS, N.J. and MELVILLE, N.Y.
globenewswire.com
- 2 weeks ago
Why ConnectOne Bancorp (CNOB) is a Top Dividend Stock for Your Portfolio
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
- 2 weeks ago
ConnectOne Bancorp, Inc. (CNOB) Q1 2025 Earnings Call Transcript
ConnectOne Bancorp, Inc. (NASDAQ:CNOB ) Q1 2025 Earnings Conference Call April 24, 2025 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 Tim Switzer - KBW Feddie Strickland - Hovde Group Daniel Tamayo - Raymond James Matthew Breese - Stephens Inc. Operator Thank you for standing by. My name is Kate, and I will be your conference operator today.
seekingalpha.com
- 3 weeks ago
ConnectOne: Solid Q1 Results And M&A Justify Current Valuation
ConnectOne Bancorp has shown solid performance, gaining 15% over the past year, despite recent market pressures, and reported a strong Q1. The bank is improving its net interest margins and funding mix, with deposit costs expected to continue decreasing as high-cost deposits mature. ConnectOne's pending acquisition of First of Long Island Corporation is expected to be accretive, enhancing scale and improving liquidity, despite some margin dilution.
seekingalpha.com
- 3 weeks ago
ConnectOne Bancorp, Inc. Reports First Quarter 2025 Results; Declares Common and Preferred Dividends
ENGLEWOOD CLIFFS, N.J., April 24, 2025 (GLOBE NEWSWIRE) -- ConnectOne Bancorp, Inc. (Nasdaq: CNOB) (the “Company” or “ConnectOne”), parent company of ConnectOne Bank (the “Bank”), today reported net income available to common stockholders of $18.7 million for the first quarter of 2025 compared with $18.9 million for the fourth quarter of 2024 and $15.7 million for the first quarter of 2024.
globenewswire.com
- 3 weeks ago
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
- 1 month 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
- 2 months 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
- 2 months 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
- 3 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
- 4 months ago
8. Profile
Summary
ConnectOne Bancorp, Inc. CNOB
COUNTRY
US
INDUSTRY
Banks - Regional
MARKET CAP
$ 903 M
Dividend Yield
0.84%
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
Mr. Sharif Alexandre
Executive Vice President & Chief Technology Officer
Mr. Michael O'Malley
Executive Vice President & Chief Risk Officer
Ms. Siya Vansia
Senior Vice President & Chief Brand & Innovation Officer
Mr. Joseph T. Javitz
First Senior Vice President & Chief Credit 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
Ms. Laura Criscione
Executive Vice President, Corporate Secretary & Chief Compliance Officer
Mr. Michael Rozman
President of BoeFly Division