ConnectOne Bancorp, Inc. Logo

ConnectOne Bancorp, Inc.

CNOB

(3.2)
Stock Price

26,02 USD

1.06% ROA

7.26% ROE

9.01x PER

Market Cap.

893.738.160,00 USD

83.47% DER

2.87% Yield

25.88% NPM

ConnectOne Bancorp, Inc. Stock Analysis

ConnectOne Bancorp, Inc. Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

ConnectOne Bancorp, Inc. Fundamental Stock Analysis
# Analysis Rating
1 PBV

With a remarkably low PBV ratio (0.62x), the stock offers substantial upside potential at a bargain price.

2 Assets Growth

With a track record of consistent revenue growth in the past five years, this company presents a compelling opportunity.

3 Dividend Growth

With a history of consistent dividend increases over the last five years, the company has proven to be a reliable choice for investors seeking steady income.

4 Dividend

Shareholders can rely on the company's remarkable dividend history, consistently paying dividends for the past five years, demonstrating a steadfast dedication to rewarding investors.

5 ROE

ROE in an average range (9.14%) suggests satisfactory profitability and decent utilization of shareholders' equity.

6 ROA

The stock's ROA (1.13%) indicates that it's doing well in making money from the things it owns. This makes it a good option to invest and make consistent profits.

7 DER

The stock maintains a fair debt to equity ratio (77%), indicating a reasonable balance between the money it owes and the ownership it possesses.

8 Graham Number

Based on the Graham number, this company's stock price appears to be lower than its intrinsic value, signaling a potentially favorable investment choice.

9 Buffet Intrinsic Value

The company's stock shows potential as it is undervalued (58) according to Warren Buffett's formula, indicating that its intrinsic value exceeds the market price.

10 Revenue Growth

Company's revenue has remained stagnant over the past three years, indicating a lack of growth and making it a less favorable option.

11 Net Profit Growth

Over the past five years, this company's net profit has failed to exhibit any growth, indicating a stagnant financial performance and making it a less favorable choice for potential investors.

ConnectOne Bancorp, Inc. Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

ConnectOne Bancorp, Inc. Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Buy
2 MACD Buy
3 RSI Hold
4 Stoch RSI Sell

ConnectOne Bancorp, Inc. Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

ConnectOne Bancorp, Inc. Revenue
Year Revenue Growth
1995 13.700.000
1996 15.500.000 11.61%
1997 17.300.000 10.4%
1998 18.100.000 4.42%
1999 20.380.000 11.19%
2000 21.105.000 3.44%
2001 24.850.000 15.07%
2002 29.282.000 15.14%
2003 26.440.000 -10.75%
2004 29.469.000 10.28%
2005 31.043.000 5.07%
2006 24.984.000 -24.25%
2007 25.871.000 3.43%
2008 28.443.000 9.04%
2009 36.609.000 22.31%
2010 36.401.000 -0.57%
2011 47.570.000 23.48%
2012 49.807.000 4.49%
2013 53.037.000 6.09%
2014 86.897.000 38.97%
2015 126.102.000 31.09%
2016 140.065.000 9.97%
2017 153.273.000 8.62%
2018 162.954.000 5.94%
2019 194.354.000 16.16%
2020 252.391.000 22.99%
2021 277.895.000 9.18%
2022 315.362.000 11.88%
2023 263.676.000 -19.6%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

ConnectOne Bancorp, Inc. Research and Development Expenses
Year Research and Development Expenses Growth
1995 0
1996 0 0%
1997 0 0%
1998 0 0%
1999 0 0%
2000 0 0%
2001 0 0%
2002 0 0%
2003 0 0%
2004 0 0%
2005 0 0%
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%
2023 0 0%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

ConnectOne Bancorp, Inc. General and Administrative Expenses
Year General and Administrative Expenses Growth
1995 4.300.000
1996 5.200.000 17.31%
1997 5.500.000 5.45%
1998 6.000.000 8.33%
1999 6.772.000 11.4%
2000 6.800.000 0.41%
2001 7.807.000 12.9%
2002 9.452.000 17.4%
2003 10.425.000 9.33%
2004 10.140.000 -2.81%
2005 12.108.000 16.25%
2006 12.290.000 1.48%
2007 11.436.000 -7.47%
2008 8.505.000 -34.46%
2009 14.084.000 39.61%
2010 16.288.000 13.53%
2011 14.919.000 -9.18%
2012 15.493.000 3.7%
2013 16.318.000 5.06%
2014 23.022.000 29.12%
2015 33.498.000 31.27%
2016 38.211.000 12.33%
2017 43.156.000 11.46%
2018 47.120.000 8.41%
2019 55.649.000 15.33%
2020 68.768.000 19.08%
2021 73.002.000 5.8%
2022 83.598.000 12.67%
2023 96.204.000 13.1%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

ConnectOne Bancorp, Inc. EBITDA
Year EBITDA Growth
1995 15.000.000
1996 18.500.000 18.92%
1997 22.900.000 19.21%
1998 21.500.000 -6.51%
1999 21.255.000 -1.15%
2000 25.160.000 15.52%
2001 26.963.000 6.69%
2002 29.722.000 9.28%
2003 27.774.000 -7.01%
2004 25.450.000 -9.13%
2005 34.405.000 26.03%
2006 31.605.000 -8.86%
2007 33.415.000 5.42%
2008 33.336.000 -0.24%
2009 30.149.000 -10.57%
2010 23.176.000 -30.09%
2011 34.497.000 32.82%
2012 37.874.000 8.92%
2013 39.377.000 3.82%
2014 44.263.000 11.04%
2015 88.277.000 49.86%
2016 77.346.000 -14.13%
2017 108.570.000 28.76%
2018 133.674.000 18.78%
2019 95.434.000 -40.07%
2020 92.949.000 -2.67%
2021 177.039.000 47.5%
2022 244.536.000 27.6%
2023 115.928.000 -110.94%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

ConnectOne Bancorp, Inc. Gross Profit
Year Gross Profit Growth
1995 13.700.000
1996 15.500.000 11.61%
1997 17.300.000 10.4%
1998 18.100.000 4.42%
1999 20.380.000 11.19%
2000 21.105.000 3.44%
2001 24.850.000 15.07%
2002 29.282.000 15.14%
2003 26.440.000 -10.75%
2004 29.469.000 10.28%
2005 31.043.000 5.07%
2006 24.984.000 -24.25%
2007 25.871.000 3.43%
2008 28.443.000 9.04%
2009 32.371.000 12.13%
2010 36.401.000 11.07%
2011 47.228.000 22.92%
2012 49.807.000 5.18%
2013 53.037.000 6.09%
2014 86.897.000 38.97%
2015 126.102.000 31.09%
2016 140.065.000 9.97%
2017 153.273.000 8.62%
2018 162.954.000 5.94%
2019 194.354.000 16.16%
2020 252.391.000 22.99%
2021 277.895.000 9.18%
2022 315.362.000 11.88%
2023 263.676.000 -19.6%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

ConnectOne Bancorp, Inc. Net Profit
Year Net Profit Growth
1995 4.000.000
1996 4.200.000 4.76%
1997 4.500.000 6.67%
1998 4.200.000 -7.14%
1999 4.629.000 9.27%
2000 5.005.000 7.51%
2001 6.011.000 16.74%
2002 8.003.000 24.89%
2003 6.419.000 -24.68%
2004 7.622.000 15.78%
2005 7.646.000 0.31%
2006 3.898.000 -96.15%
2007 3.856.000 -1.09%
2008 5.842.000 34%
2009 4.573.000 -27.75%
2010 7.004.000 34.71%
2011 13.926.000 49.71%
2012 17.507.000 20.45%
2013 19.925.000 12.14%
2014 18.565.000 -7.33%
2015 41.311.000 55.06%
2016 31.082.000 -32.91%
2017 43.220.000 28.08%
2018 60.352.000 28.39%
2019 73.395.000 17.77%
2020 71.289.000 -2.95%
2021 130.353.000 45.31%
2022 125.211.000 -4.11%
2023 85.628.000 -46.23%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

ConnectOne Bancorp, Inc. Earning per Share (EPS)
Year Earning per Share (EPS) Growth
1995 0
1996 0 0%
1997 0 0%
1998 0 0%
1999 0 0%
2000 1 0%
2001 1 0%
2002 1 0%
2003 1 0%
2004 1 0%
2005 1 0%
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 1 0%
2012 1 100%
2013 1 0%
2014 1 0%
2015 1 100%
2016 1 0%
2017 1 0%
2018 2 0%
2019 2 50%
2020 2 -100%
2021 3 66.67%
2022 4 0%
2023 2 -50%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

ConnectOne Bancorp, Inc. Free Cashflow
Year Free Cashflow Growth
1995 6.300.000
1996 -3.300.000 290.91%
1997 7.600.000 143.42%
1998 5.600.000 -35.71%
1999 2.327.000 -140.65%
2000 5.819.000 60.01%
2001 7.037.000 17.31%
2002 7.902.000 10.95%
2003 8.614.000 8.27%
2004 6.583.000 -30.85%
2005 5.269.000 -24.94%
2006 3.329.000 -58.28%
2007 1.704.000 -95.36%
2008 -3.562.000 147.84%
2009 2.880.000 223.68%
2010 17.347.000 83.4%
2011 17.768.000 2.37%
2012 20.224.000 12.14%
2013 22.180.000 8.82%
2014 23.978.000 7.5%
2015 48.313.000 50.37%
2016 47.010.000 -2.77%
2017 128.472.000 63.41%
2018 87.009.000 -47.65%
2019 59.161.000 -47.07%
2020 78.926.000 25.04%
2021 199.490.000 60.44%
2022 173.476.000 -15%
2023 0 0%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

ConnectOne Bancorp, Inc. Operating Cashflow
Year Operating Cashflow Growth
1995 7.000.000
1996 300.000 -2233.33%
1997 7.800.000 96.15%
1998 7.000.000 -11.43%
1999 3.821.000 -83.2%
2000 7.307.000 47.71%
2001 10.248.000 28.7%
2002 10.532.000 2.7%
2003 12.660.000 16.81%
2004 10.175.000 -24.42%
2005 7.266.000 -40.04%
2006 5.547.000 -30.99%
2007 1.886.000 -194.11%
2008 -704.000 367.9%
2009 3.622.000 119.44%
2010 17.647.000 79.48%
2011 18.084.000 2.42%
2012 21.066.000 14.16%
2013 23.153.000 9.01%
2014 26.015.000 11%
2015 52.302.000 50.26%
2016 49.712.000 -5.21%
2017 131.133.000 62.09%
2018 89.060.000 -47.24%
2019 60.688.000 -46.75%
2020 81.125.000 25.19%
2021 202.273.000 59.89%
2022 176.777.000 -14.42%
2023 0 0%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

ConnectOne Bancorp, Inc. Capital Expenditure
Year Capital Expenditure Growth
1995 700.000
1996 3.600.000 80.56%
1997 200.000 -1700%
1998 1.400.000 85.71%
1999 1.494.000 6.29%
2000 1.488.000 -0.4%
2001 3.211.000 53.66%
2002 2.630.000 -22.09%
2003 4.046.000 35%
2004 3.592.000 -12.64%
2005 1.997.000 -79.87%
2006 2.218.000 9.96%
2007 182.000 -1118.68%
2008 2.858.000 93.63%
2009 742.000 -285.18%
2010 300.000 -147.33%
2011 316.000 5.06%
2012 842.000 62.47%
2013 973.000 13.46%
2014 2.037.000 52.23%
2015 3.989.000 48.93%
2016 2.702.000 -47.63%
2017 2.661.000 -1.54%
2018 2.051.000 -29.74%
2019 1.527.000 -34.32%
2020 2.199.000 30.56%
2021 2.783.000 20.98%
2022 3.301.000 15.69%
2023 0 0%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

ConnectOne Bancorp, Inc. Equity
Year Equity Growth
1995 27.700.000
1996 30.200.000 8.28%
1997 33.400.000 9.58%
1998 36.600.000 8.74%
1999 36.513.000 -0.24%
2000 39.182.000 6.81%
2001 44.296.000 11.55%
2002 51.054.000 13.24%
2003 54.180.000 5.77%
2004 68.643.000 21.07%
2005 99.489.000 31%
2006 97.613.000 -1.92%
2007 85.278.000 -14.46%
2008 81.713.000 -4.36%
2009 102.551.000 20.32%
2010 120.957.000 15.22%
2011 135.916.000 11.01%
2012 160.691.000 15.42%
2013 168.584.000 4.68%
2014 446.219.000 62.22%
2015 477.344.000 6.52%
2016 531.032.000 10.11%
2017 565.437.000 6.08%
2018 613.927.000 7.9%
2019 731.190.000 16.04%
2020 915.310.000 20.12%
2021 1.124.212.000 18.58%
2022 1.178.751.000 4.63%
2023 1.188.154.000 0.79%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

ConnectOne Bancorp, Inc. Assets
Year Assets Growth
1995 347.800.000
1996 459.200.000 24.26%
1997 473.100.000 2.94%
1998 470.100.000 -0.64%
1999 509.624.000 7.76%
2000 569.553.000 10.52%
2001 689.603.000 17.41%
2002 823.436.000 16.25%
2003 921.824.000 10.67%
2004 1.009.015.000 8.64%
2005 1.114.829.000 9.49%
2006 1.051.384.000 -6.03%
2007 1.017.645.000 -3.32%
2008 1.023.293.000 0.55%
2009 1.196.824.000 14.5%
2010 1.207.385.000 0.87%
2011 1.432.738.000 15.73%
2012 1.629.765.000 12.09%
2013 1.673.082.000 2.59%
2014 3.448.572.000 51.48%
2015 4.016.721.000 14.14%
2016 4.426.348.000 9.25%
2017 5.108.442.000 13.35%
2018 5.462.092.000 6.47%
2019 6.174.032.000 11.53%
2020 7.547.339.000 18.2%
2021 8.129.480.000 7.16%
2022 9.644.948.000 15.71%
2023 9.678.885.000 0.35%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

ConnectOne Bancorp, Inc. Liabilities
Year Liabilities Growth
1995 320.100.000
1996 429.000.000 25.38%
1997 439.700.000 2.43%
1998 433.500.000 -1.43%
1999 473.111.000 8.37%
2000 530.400.000 10.8%
2001 645.307.000 17.81%
2002 772.382.000 16.45%
2003 867.644.000 10.98%
2004 940.372.000 7.73%
2005 1.015.340.000 7.38%
2006 953.771.000 -6.46%
2007 932.367.000 -2.3%
2008 941.580.000 0.98%
2009 1.094.273.000 13.95%
2010 1.086.428.000 -0.72%
2011 1.296.822.000 16.22%
2012 1.469.074.000 11.73%
2013 1.504.498.000 2.35%
2014 3.002.353.000 49.89%
2015 3.539.377.000 15.17%
2016 3.895.316.000 9.14%
2017 4.543.005.000 14.26%
2018 4.848.165.000 6.29%
2019 645.627.000 -650.92%
2020 646.628.000 0.15%
2021 633.561.000 -2.06%
2022 8.466.197.000 92.52%
2023 979.327.000 -764.49%

ConnectOne Bancorp, Inc. Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
7.29
Net Income per Share
2.57
Price to Earning Ratio
9.01x
Price To Sales Ratio
3.14x
POCF Ratio
7.56
PFCF Ratio
7.77
Price to Book Ratio
0.76
EV to Sales
5.69
EV Over EBITDA
7.32
EV to Operating CashFlow
13.56
EV to FreeCashFlow
14.08
Earnings Yield
0.11
FreeCashFlow Yield
0.13
Market Cap
0,89 Bil.
Enterprise Value
1,62 Bil.
Graham Number
41.97
Graham NetNet
-2.8

Income Statement Metrics

Net Income per Share
2.57
Income Quality
1.51
ROE
0.08
Return On Assets
0.01
Return On Capital Employed
0.03
Net Income per EBT
0.74
EBT Per Ebit
0.83
Ebit per Revenue
0.42
Effective Tax Rate
0.26

Margins

Sales, General, & Administrative to Revenue
0.34
Research & Developement to Revenue
0
Stock Based Compensation to Revenue
0.01
Gross Profit Margin
1
Operating Profit Margin
0.42
Pretax Profit Margin
0.35
Net Profit Margin
0.26

Dividends

Dividend Yield
0.03
Dividend Yield %
2.87
Payout Ratio
0.23
Dividend Per Share
0.67

Operating Metrics

Operating Cashflow per Share
3.06
Free CashFlow per Share
2.95
Capex to Operating CashFlow
-0.04
Capex to Revenue
-0.02
Capex to Depreciation
-1.03
Return on Invested Capital
0.07
Return on Tangible Assets
0.01
Days Sales Outstanding
60.02
Days Payables Outstanding
0
Days of Inventory on Hand
0
Receivables Turnover
6.08
Payables Turnover
0
Inventory Turnover
0
Capex per Share
-0.11

Balance Sheet

Cash per Share
21,41
Book Value per Share
30,45
Tangible Book Value per Share
217.48
Shareholders Equity per Share
30.45
Interest Debt per Share
30.6
Debt to Equity
0.83
Debt to Assets
0.1
Net Debt to EBITDA
3.28
Current Ratio
24.15
Tangible Asset Value
8,48 Bil.
Net Current Asset Value
-0,68 Bil.
Invested Capital
0.83
Working Capital
0,29 Bil.
Intangibles to Total Assets
0.02
Average Receivables
0,05 Bil.
Average Payables
0,00 Bil.
Average Inventory
0
Debt to Market Cap
1.11

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

ConnectOne Bancorp, Inc. Dividends
Year Dividends Growth
1994 1
1995 1 0%
1996 1 0%
1997 1 0%
1998 1 0%
1999 0 0%
2000 1 0%
2001 1 0%
2002 1 0%
2003 0 0%
2004 0 0%
2005 0 0%
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 1 0%
2023 1 0%

ConnectOne Bancorp, Inc. Profile

About ConnectOne Bancorp, Inc.

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.

CEO
Mr. Frank S. Sorrentino III
Employee
487
Address
301 Sylvan Avenue
Englewood Cliffs, 07632

ConnectOne Bancorp, Inc. Executives & BODs

ConnectOne Bancorp, Inc. Executives & BODs
# Name Age
1 Mr. Michael O'Malley
Executive Vice President & Chief Risk Officer
70
2 Ms. Ali M. Mattera
Chief Digital Officer
70
3 Ms. Siya Vansia
Senior Vice President & Chief Brand & Innovation Officer
70
4 Mr. Michael Rozman
President of BoeFly Division
70
5 Ms. Elizabeth Magennis
President of ConnectOne Bank & Director
70
6 Mr. Frank S. Sorrentino III
Chairman, President & Chief Executive Officer
70
7 Ms. Laura Criscione
Executive Vice President, Corporate Secretary & Chief Compliance Officer
70
8 Mr. William S. Burns
Senior EVice President & Chief Financial Officer
70
9 Mr. Joseph T. Javitz
First Senior Vice President & Chief Credit Officer
70
10 Ms. Dana Zeller
Chief Strategic Operations Officer
70

ConnectOne Bancorp, Inc. Competitors