NASDAQ: CNOB
Connectone Bancorp Inc Stock

$27.41-0.09 (-0.33%)
Updated Dec 2, 2024
CNOB Price
$27.41
Fair Value Price
$16.27
Market Cap
$1.05B
52 Week Low
$17.07
52 Week High
$29.31
P/E
15.75x
P/B
0.85x
P/S
3.87x
PEG
1.12x
Dividend Yield
2.59%
Revenue
$248.64M
Earnings
$72.70M
Gross Margin
100%
Operating Margin
39.21%
Profit Margin
26.8%
Debt to Equity
6.78
Operating Cash Flow
$57M
Beta
1.13
Next Earnings
Jan 23, 2025
Ex-Dividend
N/A
Next Dividend
N/A

CNOB Overview

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.

Zen Rating

Our proven quant model uses 115 proprietary factors, including AI, to determine CNOB's potential to beat the market

DSell
  • Stocks with a Zen Rating of Sell (D) had an average loss of -4.50% per year. Learn More

Zen Rating Component Grades

D
Value
D
Growth
B
Momentum
C
Sentiment
C
Safety
D
Financials
B
Artificial Intelligence
Zen Rating uses advanced AI algorithms that detect subtle patterns in market data; it anticipates future trends that point to superior stock price results.

Industry: Bank

Industry Rating
D
CNOB
Ranked
#291 of 315

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CNOB News

Overview

Due Diligence Score

Industry Average (32)
You've viewed Due Diligence Score for 10/10 free stocks. Upgrade to Premium to see how CNOB scored across 38 valuation, financial, forecast, performance, and dividend due diligence checks.

Due Diligence Checks

CNOB ($27.41) is overvalued by 68.47% relative to our estimate of its Fair Value price of $16.27 based on Discounted Cash Flow (DCF) modelling
Below Fair Value Valuation
CNOB ($27.41) is not significantly undervalued (68.47%) relative to our estimate of its Fair Value price of $16.27 based on Discounted Cash Flow (DCF) modelling, when including a healthy margin of safety
Significantly Below Fair Value Valuation
CNOB ($27.41) is trading above... subscribe to Premium to read more.
Below Benjamin Graham Formula Value Valuation
There are 35 more CNOB due diligence checks available for Premium users.

Valuation

CNOB fair value

Fair Value of CNOB stock based on Discounted Cash Flow (DCF)

Price
$27.41
Fair Value
$16.27
Overvalued by
68.47%
CNOB ($27.41) is overvalued by... subscribe to Premium to read more.
Below Fair Value Valuation
CNOB ($27.41) is not significantly... subscribe to Premium to read more.
Significantly Below Fair Value Valuation
CNOB ($27.41) is trading above... subscribe to Premium to read more.
Below Benjamin Graham Formula Value Valuation

CNOB price to earnings (PE)

For valuing profitable companies with steady earnings

Company
15.75x
Industry
37.61x
Market
28.28x
CNOB is good value based... subscribe to Premium to read more.
P/E vs Industry Valuation
CNOB is good value based... subscribe to Premium to read more.
P/E vs Market Valuation

CNOB price to book (PB)

For valuing companies that are loss-making or have lots of physical asset

Company
0.85x
Industry
1.18x
CNOB is good value based... subscribe to Premium to read more.
P/B vs Industry Valuation

CNOB price to earnings growth (PEG)

For valuing profitable companies with growth potential

CNOB is poor value relative... subscribe to Premium to read more.
PEG Value Valuation

CNOB's financial health

Profit margin

Revenue
$61.8M
Net Income
$17.2M
Profit Margin
25.3%
CNOB's Earnings (EBIT) of $97.50M... subscribe to Premium to read more.
Interest Coverage Financials
CNOB's profit margin has decreased... subscribe to Premium to read more.
Profit Margin Growth Financials

Assets to liabilities

Assets
$9.6B
Liabilities
$8.4B
Debt to equity
6.78
CNOB's debt relative to shareholder... subscribe to Premium to read more.
Shrinking Debt Financials
CNOB's debt to equity ratio... subscribe to Premium to read more.
Healthy Debt to Equity Financials

Cash flow

Operating
-$14.4M
Investing
$42.5M
Financing
-$74.4M
CNOB's operating cash flow ($56.79M)... subscribe to Premium to read more.
Debt Coverage Financials

CNOB vs Bank Stocks

TickerZen RatingMarket Cap1d %P/EP/B
CNOBD$1.05B-0.33%15.75x0.85x
BHRBC$1.05B+1.46%39.05x1.43x
FSUNC$1.06B-0.88%0.00x1.02x
AMTBC$1.06B+1.29%-17.14x1.17x
SBSIC$1.06B-0.14%12.66x1.32x

Connectone Bancorp Stock FAQ

What is Connectone Bancorp's quote symbol?

(NASDAQ: CNOB) Connectone Bancorp trades on the NASDAQ under the ticker symbol CNOB. Connectone Bancorp stock quotes can also be displayed as NASDAQ: CNOB.

If you're new to stock investing, here's how to buy Connectone Bancorp stock.

What is the 52 week high and low for Connectone Bancorp (NASDAQ: CNOB)?

(NASDAQ: CNOB) Connectone Bancorp's 52-week high was $29.31, and its 52-week low was $17.07. It is currently -6.48% from its 52-week high and 60.57% from its 52-week low.

How much is Connectone Bancorp stock worth today?

(NASDAQ: CNOB) Connectone Bancorp currently has 38,370,317 outstanding shares. With Connectone Bancorp stock trading at $27.41 per share, the total value of Connectone Bancorp stock (market capitalization) is $1.05B.

Connectone Bancorp stock was originally listed at a price of $7.83 in Dec 31, 1997. If you had invested in Connectone Bancorp stock at $7.83, your return over the last 26 years would have been 249.93%, for an annualized return of 4.94% (not including any dividends or dividend reinvestments).

How much is Connectone Bancorp's stock price per share?

(NASDAQ: CNOB) Connectone Bancorp stock price per share is $27.41 today (as of Dec 2, 2024).

What is Connectone Bancorp's Market Cap?

(NASDAQ: CNOB) Connectone Bancorp's market cap is $1.05B, as of Dec 3, 2024.

Market cap (market capitalization) is the total market value of a publicly traded company's outstanding shares.

Connectone Bancorp's market cap is calculated by multiplying CNOB's current stock price of $27.41 by CNOB's total outstanding shares of 38,370,317.
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