NASDAQ
CNOB

ConnectOne Bancorp Inc

Banks-Regional
Financial Services

Prices are adjusted according to historical splits.

ConnectOne Bancorp Inc Stock Price

Vitals

Today's Low:
$18.53
Today's High:
$18.85
Open Price:
$18.65
52W Low:
$12.9478
52W High:
$27.963
Prev. Close:
$18.67
Volume:
65820

Company Statistics

Market Cap.:
$558.30 million
Book Value:
27.645
Revenue TTM:
$294.53 million
Operating Margin TTM:
57.33%
Gross Profit TTM:
$297.61 million
Profit Margin:
40.32%
Return on Assets TTM:
1.3%
Return on Equity TTM:
10.2%

Company Profile

ConnectOne Bancorp Inc had its IPO on 1996-06-24 under the ticker symbol CNOB.

The company operates in the Financial Services sector and Banks-Regional industry. ConnectOne Bancorp Inc has a staff strength of 507 employees.

Stock update

Shares of ConnectOne Bancorp Inc opened at $18.65 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $18.53 - $18.85, and closed at $18.7.

This is a +0.16% increase from the previous day's closing price.

A total volume of 65,820 shares were traded at the close of the day’s session.

In the last one week, shares of ConnectOne Bancorp Inc have slipped by -4.79%.

ConnectOne Bancorp Inc's Key Ratios

ConnectOne Bancorp Inc has a market cap of $558.30 million, indicating a price to book ratio of 0.9147 and a price to sales ratio of 3.1481.

In the last 12-months ConnectOne Bancorp Inc’s revenue was $294.53 million with a gross profit of $297.61 million and an EBITDA of $0. The EBITDA ratio measures ConnectOne Bancorp Inc's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, ConnectOne Bancorp Inc’s operating margin was 57.33% while its return on assets stood at 1.3% with a return of equity of 10.2%.

In Q1, ConnectOne Bancorp Inc’s quarterly earnings growth was a negative -21.3% while revenue growth was a negative 4.3%.

ConnectOne Bancorp Inc’s PE and PEG Ratio

Forward PE
10.2145
Trailing PE
4.798
PEG
1.83

Its diluted EPS in the last 12-months stands at $2.97 per share while it has a forward price to earnings multiple of 10.2145 and a PEG multiple of 1.83. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into ConnectOne Bancorp Inc’s profitability.

ConnectOne Bancorp Inc stock is trading at a EV to sales ratio of 0 and a EV to EBITDA ratio of 0. Its price to sales ratio in the trailing 12-months stood at 3.1481.

ConnectOne Bancorp Inc stock pays annual dividends of $0.635 per share, indicating a yield of 4.82% and a payout ratio of 22.2%.

Balance sheet and cash flow metrics

Total Assets
$9.96 billion
Total Liabilities
$10.72 million
Operating Cash Flow
$-26556000.00
Capital Expenditure
$2.87 million
Dividend Payout Ratio
22.2%

ConnectOne Bancorp Inc ended 2024 with $9.96 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $9.96 billion while shareholder equity stood at $1.19 billion.

ConnectOne Bancorp Inc ended 2024 with $0 in deferred long-term liabilities, $10.72 million in other current liabilities, 586946000.00 in common stock, $553.26 million in retained earnings and $208.37 million in goodwill. Its cash balance stood at $562.42 million and cash and short-term investments were $1.19 billion. The company’s total short-term debt was $10,717,000 while long-term debt stood at $931.67 million.

ConnectOne Bancorp Inc’s total current assets stands at $1.24 billion while long-term investments were $647.03 million and short-term investments were $629.00 million. Its net receivables were $46.30 million compared to accounts payable of $0 and inventory worth $0.

In 2024, ConnectOne Bancorp Inc's operating cash flow was $-26556000.00 while its capital expenditure stood at $2.87 million.

Comparatively, ConnectOne Bancorp Inc paid $0.22 in dividends in 2024.

Other key metrics

Current Trading Price
$18.7
52-Week High
$27.963
52-Week Low
$12.9478
Analyst Target Price
$21.67

ConnectOne Bancorp Inc stock is currently trading at $18.7 per share. It touched a 52-week high of $27.963 and a 52-week low of $27.963. Analysts tracking the stock have a 12-month average target price of $21.67.

Its 50-day moving average was $18.85 and 200-day moving average was $19.52 The short ratio stood at 1.92 indicating a short percent outstanding of 0%.

Around 698.5% of the company’s stock are held by insiders while 6896.2% are held by institutions.

Frequently Asked Questions About ConnectOne Bancorp Inc

The stock symbol (also called stock or share ticker) of ConnectOne Bancorp Inc is CNOB

The IPO of ConnectOne Bancorp Inc took place on 1996-06-24

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About

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 also provides retirement accounts, consumers and cash management services for business clients, including treasury direct, automated clearing house, remote deposit capture, and digital invoicing. In addition, the company offers consumer and commercial business loans, including lines of credit, commercial and residential mortgages, home equity and bridge loans, and other personal loans; commercial loans secured by collateral, such as business assets comprising accounts receivable, inventory and equipment, and mortgages filed on commercial and residential real estate, as well as cash balances and marketable securities. Further, it provides real estate loans, which includes loans secured by first liens on completed commercial properties, including multi-family properties, to purchase or refinance properties; residential mortgages, such as loans secured by first liens on 1-4 family and condominium; and cooperative residential real estate loans. 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.

Address

301 Sylvan Avenue, Englewood Cliffs, NJ, United States, 07632