ConnectOne Bancorp, Inc. (CNOB)

NASDAQ: CNOB · IEX Real-Time Price · USD
17.87
+0.01 (0.06%)
Apr 15, 2024, 4:00 PM EDT - Market closed
0.06%
Market Cap 686.28M
Revenue (ttm) 260.91M
Net Income (ttm) 80.97M
Shares Out 38.40M
EPS (ttm) 2.07
PE Ratio 8.63
Forward PE 9.61
Dividend $0.68 (3.81%)
Ex-Dividend Date Feb 14, 2024
Volume 127,096
Open 17.95
Previous Close 17.86
Day's Range 17.61 - 18.15
52-Week Range 13.11 - 24.44
Beta 1.23
Analysts Strong Buy
Price Target 26.67 (+49.25%)
Earnings Date Apr 25, 2024

About CNOB

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 provides retirement accounts, consumers and cash manageme... [Read more]

Sector Financials
IPO Date Jun 24, 1996
Employees 487
Stock Exchange NASDAQ
Ticker Symbol CNOB
Full Company Profile

Financial Performance

In 2023, CNOB's revenue was $260.91 million, a decrease of -12.33% compared to the previous year's $297.61 million. Earnings were $80.97 million, a decrease of -32.06%.

Financial Statements

Analyst Forecast

According to 3 analysts, the average rating for CNOB stock is "Strong Buy." The 12-month stock price forecast is $26.67, which is an increase of 49.25% from the latest price.

Price Target
$26.67
(49.25% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

ConnectOne Bancorp, Inc. to Host 2024 First Quarter Results Conference Call on April 25, 2024

ENGLEWOOD CLIFFS, N.J., April 11, 2024 (GLOBE NEWSWIRE) -- ConnectOne Bancorp, Inc. (Nasdaq: CNOB) (the “Company” or “ConnectOne”), parent company of ConnectOne Bank (the “Bank”), today announced that...

4 days ago - GlobeNewsWire

ConnectOne Bancorp, Inc. Reports Fourth Quarter and Full-Year 2023 Results; Declares Common and Preferred Dividends

ENGLEWOOD CLIFFS, N.J., Jan. 25, 2024 (GLOBE NEWSWIRE) -- ConnectOne Bancorp, Inc. (Nasdaq: CNOB) (the “Company” or “ConnectOne”), parent company of ConnectOne Bank (the “Bank”), today reported net in...

2 months ago - GlobeNewsWire

ConnectOne Bancorp, Inc. to Host 2023 Fourth Quarter Results Conference Call on January 25, 2024

ENGLEWOOD CLIFFS, N.J., Jan. 11, 2024 (GLOBE NEWSWIRE) -- ConnectOne Bancorp, Inc. (Nasdaq: CNOB) (the “Company” or “ConnectOne”), parent company of ConnectOne Bank (the “Bank”), today announced that ...

3 months ago - GlobeNewsWire

There will be an increase in lending in 2024, says ConnectOne Bank CEO

Frank Sorrentino, ConnectOne Bank CEO, joins 'Squawk on the Street' to discuss the housing sector and more.

3 months ago - CNBC Television

CEO of ConnectOne Bank: Rates leading to "a more normal environment where interest has a cost"

Frank Sorrentino, CEO of ConnectOne Bank, joins Bloomberg Radio to discuss his outlook for the economy and Fed, what ConnectOne is seeing in construction lending, as well as other pressures on regiona...

5 months ago - Bloomberg Markets and Finance

Investors should ‘be patient' with beaten-down bank sector, buy-side fund manager says

The clouds over bank stocks aren't expected to clear anytime soon, fund manager Dave Ellison said, but some names remain attractive based on valuation.

Other symbols: BACCFITBJPMKRENYCBWAFD
5 months ago - Market Watch

ConnectOne Bancorp, Inc. Reports Third Quarter 2023 Results; Declares Common and Preferred Dividends

ENGLEWOOD CLIFFS, N.J., Oct. 26, 2023 (GLOBE NEWSWIRE) -- ConnectOne Bancorp, Inc. (Nasdaq: CNOB) (the “Company” or “ConnectOne”), parent company of ConnectOne Bank (the “Bank”), today reported net in...

6 months ago - GlobeNewsWire

Dana Zeller, Strategic and Innovative Operations Executive, Joins ConnectOne

ENGLEWOOD CLIFFS, N.J., Sept. 29, 2023 (GLOBE NEWSWIRE) -- ConnectOne Bancorp (NASDAQ “CNOB”), the holding company for ConnectOne Bank, an industry leading commercial bank, announced today the hiring ...

7 months ago - GlobeNewsWire

ConnectOne: An Undervalued Regional Bank

There is still fallout from the regional bank debacle that occurred earlier this year with the collapse of First Republic Bank, Signature and Silicon Valley Bank. Many regional banks have not returned...

8 months ago - GuruFocus

KBRA Releases Surveillance Report for ConnectOne Bancorp, Inc.

NEW YORK--(BUSINESS WIRE)-- #KBRA--On July 28, 2023, KBRA affirmed the senior unsecured debt rating of BBB, the subordinated debt rating of BBB-, the preferred stock rating of BB+, and the short-term ...

8 months ago - Business Wire

Buy community banks on credit, Sell Disney over messaging: Strategist's stock trades

Commerce Street Capital CEO and President Dory Wiley joins Yahoo Finance Live to discuss his preferred stock trades: Buy small, community banks ConnectOne Bancorp (CNOB), Peapack-Gladstone Financial C...

Other symbols: DISPGCTCBI
9 months ago - Yahoo Finance

KBRA Affirms Ratings for ConnectOne Bancorp, Inc.

NEW YORK--(BUSINESS WIRE)-- #KBRA--KBRA affirms the senior unsecured debt rating of BBB, the subordinated debt rating of BBB-, the preferred stock rating of BB+, and the short-term debt rating of K3 f...

9 months ago - Business Wire

ConnectOne Bancorp, Inc. Reports Second Quarter 2023 Results; Declares Common and Preferred Dividends

ENGLEWOOD CLIFFS, N.J., July 27, 2023 (GLOBE NEWSWIRE) -- ConnectOne Bancorp, Inc. (Nasdaq: CNOB) (the “Company” or “ConnectOne”), parent company of ConnectOne Bank (the “Bank”), today reported net in...

9 months ago - GlobeNewsWire

ConnectOne Bancorp, Inc. to Host 2023 Second Quarter Results Conference Call on July 27, 2023

ENGLEWOOD CLIFFS, N.J., July 13, 2023 (GLOBE NEWSWIRE) -- ConnectOne Bancorp, Inc. (Nasdaq: CNOB) (the “Company” or “ConnectOne”), parent company of ConnectOne Bank (the “Bank”), today announced that ...

9 months ago - GlobeNewsWire

ConnectOne Bancorp, Inc. Reports First Quarter 2023 Results

ENGLEWOOD CLIFFS, N.J., April 27, 2023 (GLOBE NEWSWIRE) -- ConnectOne Bancorp, Inc. (Nasdaq: CNOB) (the “Company” or “ConnectOne”), parent company of ConnectOne Bank (the “Bank”), today reported net i...

1 year ago - GlobeNewsWire

ConnectOne Bancorp, Inc. to Host 2023 First Quarter Results Conference Call on April 27, 2023

ENGLEWOOD CLIFFS, N.J., April 13, 2023 (GLOBE NEWSWIRE) -- ConnectOne Bancorp, Inc. (Nasdaq: CNOB) (the “Company” or “ConnectOne”), parent company of ConnectOne Bank (the “Bank”), today announced that...

1 year ago - GlobeNewsWire

ConnectOne Bancorp, Inc. Reports Fourth Quarter and Full-Year 2022 Results; Declares Common and Preferred Dividends

ENGLEWOOD CLIFFS, N.J., Jan. 26, 2023 (GLOBE NEWSWIRE) -- ConnectOne Bancorp, Inc. (Nasdaq: CNOB) (the “Company” or “ConnectOne”), parent company of ConnectOne Bank (the “Bank”), today reported net in...

1 year ago - GlobeNewsWire

ConnectOne Bancorp, Inc. to Host 2022 Fourth Quarter Results Conference Call on January 26, 2023

ENGLEWOOD CLIFFS, N.J., Jan. 12, 2023 (GLOBE NEWSWIRE) -- ConnectOne Bancorp, Inc. (Nasdaq: CNOB) (the “Company” or “ConnectOne”), parent company of ConnectOne Bank (the “Bank”), today announced that ...

1 year ago - GlobeNewsWire

The U.S. consumer is ‘in the best shape they've probably ever been': ConnectOne Bank CEO

ConnectOne Bank CEO Frank Sorrentino joins Yahoo Finance Live anchors Seana Smith and Dave Briggs to discuss the latest Fed rate hike and the current state of the U.S. consumer.

1 year ago - Yahoo Finance

There's a tremendous housing shortage across the country, says ConnectOne Bank's Frank Sorrentino

Frank Sorrentino, ConnectOne Bank chairman and CEO, joins 'Squawk on the Street' to discuss rising cost of capital impacting commercial housing lending, supply constraints, the expansive housing short...

1 year ago - CNBC Television

ConnectOne Bancorp, Inc. Reports Third Quarter 2022 Results; Declares Common and Preferred Dividends

ENGLEWOOD CLIFFS, N.J., Oct. 27, 2022 (GLOBE NEWSWIRE) -- ConnectOne Bancorp, Inc. (Nasdaq: CNOB) (the “Company” or “ConnectOne”), parent company of ConnectOne Bank (the “Bank”), today reported net in...

1 year ago - GlobeNewsWire

ConnectOne Bancorp, Inc. to Host 2022 Third Quarter Results Conference Call on October 27, 2022

ENGLEWOOD CLIFFS, N.J., Oct. 13, 2022 (GLOBE NEWSWIRE) -- ConnectOne Bancorp, Inc. (Nasdaq: CNOB) (the “Company” or “ConnectOne”), parent company of ConnectOne Bank (the “Bank”), today announced that ...

1 year ago - GlobeNewsWire

ConnectOne Bank Partners with MANTL to Enhance Deposit Onboarding for Businesses and Consumers

NEW YORK--(BUSINESS WIRE)--MANTL announces a partnership with ConnectOne Bank to streamline and digitize the bank's deposit onboarding for businesses and consumers.

1 year ago - Business Wire

ConnectOne Bancorp, Inc. Reports Second Quarter 2022 Results; Declares Common and Preferred Dividends

ENGLEWOOD CLIFFS, N.J., July 28, 2022 (GLOBE NEWSWIRE) -- ConnectOne Bancorp, Inc. (Nasdaq: CNOB) (the “Company” or “ConnectOne”), parent company of ConnectOne Bank (the “Bank”), today reported net in...

1 year ago - GlobeNewsWire

ConnectOne Bancorp, Inc. to Host 2022 Second Quarter Results Conference Call on July 28, 2022

ENGLEWOOD CLIFFS, N.J., July 14, 2022 (GLOBE NEWSWIRE) -- ConnectOne Bancorp, Inc. (Nasdaq: CNOB) (the “Company” or “ConnectOne”), parent company of ConnectOne Bank (the “Bank”), today announced that ...

1 year ago - GlobeNewsWire