ConnectOne Bancorp, Inc. (CNOB)

NASDAQ: CNOB · IEX Real-Time Price · USD
23.94
+0.17 (0.72%)
Feb 1, 2023, 4:00 PM EST - Market closed
0.72%
Market Cap 939.48M
Revenue (ttm) 292.82M
Net Income (ttm) 119.45M
Shares Out 39.24M
EPS (ttm) 3.02
PE Ratio 7.93
Forward PE 10.21
Dividend $0.60 (2.49%)
Ex-Dividend Date Nov 10, 2022
Volume 155,250
Open 23.62
Previous Close 23.77
Day's Range 23.52 - 24.23
52-Week Range 21.35 - 34.23
Beta 1.18
Analysts Buy
Price Target 31.96 (+33.5%)
Earnings Date Jan 26, 2023

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 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; res... [Read more]

Sector Financials
IPO Date Jun 24, 1996
Employees 434
Stock Exchange NASDAQ
Ticker Symbol CNOB
Full Company Profile

Financial Performance

In 2021, CNOB's revenue was $284.07 million, an increase of 34.38% compared to the previous year's $211.39 million. Earnings were $128.64 million, an increase of 80.44%.

Financial Statements

Analyst Forecast

According to 10 analysts, the average rating for CNOB stock is "Buy." The 12-month stock price forecast is $31.96, which is an increase of 33.50% from the latest price.

Price Target
$31.96
(33.50% upside)
Analyst Consensus: Buy
Stock Forecasts

News

ConnectOne Bancorp (CNOB) Misses Q4 Earnings and Revenue Estimates

ConnectOne (CNOB) delivered earnings and revenue surprises of -4.82% and 3.18%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

6 days ago - Zacks Investment Research

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 week ago - GlobeNewsWire

ConnectOne Bancorp (CNOB) Reports Next Week: Wall Street Expects Earnings Growth

ConnectOne (CNOB) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

1 week ago - Zacks Investment Research

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 ...

3 weeks 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 month 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...

3 months ago - CNBC Television

ConnectOne Bancorp (CNOB) Q3 Earnings Miss Estimates

ConnectOne (CNOB) delivered earnings and revenue surprises of -9.09% and 2.80%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

3 months ago - Zacks Investment Research

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...

3 months 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 ...

4 months 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.

5 months ago - Business Wire

ConnectOne Bancorp (CNOB) Q2 Earnings and Revenues Top Estimates

ConnectOne (CNOB) delivered earnings and revenue surprises of 2.63% and 4.16%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

6 months ago - Zacks Investment Research

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...

6 months 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 ...

7 months ago - GlobeNewsWire

ConnectOne's Sorrentino: Blockchain Unlocks New Value for Bank Customers

While more consumers are either trading or using cryp­tocurrencies, blockchain payments remain in a nascent stage as a replacement for fiat currencies. Some merchants may be hesitant to deal directly ...

7 months ago - PYMNTS

ConnectOne Bank Announces Partnership with Nymbus to Build Bespoke Banking Solution

ENGLEWOOD CLIFFS, N.J., May 05, 2022 (GLOBE NEWSWIRE) -- ConnectOne Bank (“ConnectOne”), the insured depository subsidiary of ConnectOne Bancorp, Inc. (NASDAQ: CNOB), announced today its partnership w...

9 months ago - GlobeNewsWire

The Fed ‘is gearing up for a soft landing': ConnectOne Bank CEO

ConnectOne Bank CEO Frank Sorrentino sits down with Yahoo Finance Live anchors to talk about the Fed's interest rate cycle hike, market outlooks during recoveries, recession indicators, and how busine...

9 months ago - Yahoo Finance

After Plunging 13% in 4 Weeks, Here's Why the Trend Might Reverse for ConnectOne (CNOB)

ConnectOne (CNOB) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts in revisin...

9 months ago - Zacks Investment Research

ConnectOne Bancorp, Inc. Reports First Quarter 2022 Results; Tangible Book Value Per Share Increases 2%; Declares 19% Increase in Common Dividend

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

10 months ago - GlobeNewsWire

ConnectOne Bank Announces Membership in USDF Consortium

ENGLEWOOD CLIFFS, N.J., March 09, 2022 (GLOBE NEWSWIRE) -- ConnectOne Bank, the insured depository subsidiary of ConnectOne Bancorp, Inc. (NASDAQ: CNOB), announced today its membership in the USDF Con...

11 months ago - GlobeNewsWire

ConnectOne Bancorp downgraded to outperform at Raymond James

Raymond James analyst William J. Wallace IV on Monday downgraded shares of ConnectOne Bancorp CNOB, -2.43% to outperform from strong buy and trimmed his price estimate by $2 to $38 a share following t...

1 year ago - Market Watch

ConnectOne Bancorp (CNOB) Q4 Earnings and Revenues Beat Estimates

ConnectOne (CNOB) delivered earnings and revenue surprises of 1.28% and 1.10%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

1 year ago - Zacks Investment Research

Here's Why "Trend" Investors Would Love Betting on ConnectOne (CNOB)

ConnectOne (CNOB) could be a great choice for investors looking to make a profit from fundamentally strong stocks that are currently on the move. It is one of the several stocks that made it through o...

1 year ago - Zacks Investment Research

ConnectOne Bancorp, Inc. Reports Fourth Quarter and Record Full-Year 2021 Results

ENGLEWOOD CLIFFS, N.J., Jan. 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 (CNOB) is a Great Momentum Stock: Should You Buy?

Does ConnectOne Bancorp (CNOB) have what it takes to be a top stock pick for momentum investors? Let's find out.

1 year ago - Zacks Investment Research

ConnectOne Bancorp (CNOB) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

ConnectOne (CNOB) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

1 year ago - Zacks Investment Research