ConnectOne Bancorp (CNOB)
NASDAQ:CNOB
Want to see CNOB full AI Analyst Report?
CNOB Stock Chart & Stats
$28.69
-$0.02(-0.11%)
At close: 4:00 PM EST
$28.69
-$0.02(-0.11%)
Day’s Range― - ―
52-Week Range$21.79 - $30.65
Previous CloseN/A
Volume58.40K
Average Volume (3M)359.44K
Market Cap
$1.52B
Enterprise Value$1.50B
Total Cash (Recent Filing)$1.34B
Total Debt (Recent Filing)$1.17B
Price to Earnings (P/E)8.9
Beta0.89
Next Earnings
Jul 23, 2026EPS Estimate
0.82Next Dividend Ex-DateN/A
Dividend Yield2.68%
Share Statistics
EPS (TTM)1.75
Shares Outstanding50,288,494
10 Day Avg. Volume356,680
30 Day Avg. Volume359,437
Financial Highlights & Ratios
PEG Ratio-1.00
Price to Book (P/B)0.84
Price to Sales (P/S)2.18
P/FCF Ratio13.09
Enterprise Value/Market Cap0.99
Enterprise Value/Revenue2.21
Enterprise Value/Gross Profit4.43
Enterprise Value/Ebitda12.29
Forecast
1Y Price Target
$33.00Price Target Upside15.02% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering3
EPS Forecast (FY)3.23
Revenue Forecast (FY)$486.14M
Bulls Say, Bears Say
Bulls Say
Strong Loan GrowthSustained loan growth (annualized ~10%, $300M quarterly) expands interest-earning assets, directly supporting durable net interest income. Over a multi-quarter horizon, continued portfolio expansion at healthy yields helps revenue resilience and scale benefits, assuming underwriting and funding remain controlled.
Improved Cash GenerationFree cash flow roughly matching net income in 2025 indicates strong cash conversion. Durable cash generation bolsters the bank's ability to fund dividends, buybacks, and organic investments without excessive external financing, improving capital flexibility and resilience to mid-term shocks.
Net Interest Margin ExpansionSequential NIM improvement and a management target near 3.50% reflect durable margin upside from loan repricings and higher portfolio yields. Sustained margin expansion would materially improve operating profitability and help reverse compressed ROE over the coming quarters if funding costs remain contained.
Bears Say
Profitability CompressionSharp margin and revenue deceleration is a structural headwind: net margin and operating margin compression materially reduce ROE and the bank's internal capital generation. Without sustained NIM improvement or meaningful cost efficiencies, profitability may remain constrained for several quarters.
Multifamily Concentration RiskConcentration in rent-stabilized multifamily and a delinquency linked to one long-standing borrower create outsized credit risk. Such single-relationship exposures can drive elevated reserves and credit volatility that persist over multiple quarters, dampening earnings visibility and capital planning.
Funding And Deposit PressureRelying on reduced securities balances and wholesale funding to support loan growth increases liquidity and funding-cost risk. If deposit competition persists, higher funding costs or sustained use of non-core funding can structurally compress NIM and heighten earnings sensitivity to funding markets.
ConnectOne Bancorp News
CNOB FAQ
What was ConnectOne Bancorp’s price range in the past 12 months?
ConnectOne Bancorp lowest stock price was $21.79 and its highest was $30.65 in the past 12 months.
What is ConnectOne Bancorp’s market cap?
ConnectOne Bancorp’s market cap is $1.52B.
When is ConnectOne Bancorp’s upcoming earnings report date?
ConnectOne Bancorp’s upcoming earnings report date is Jul 23, 2026 which is in 75 days.
How were ConnectOne Bancorp’s earnings last quarter?
ConnectOne Bancorp released its earnings results on Apr 23, 2026. The company reported $0.72 earnings per share for the quarter, missing the consensus estimate of $0.73 by -$0.01.
Is ConnectOne Bancorp overvalued?
According to Wall Street analysts ConnectOne Bancorp’s price is currently Undervalued.
Does ConnectOne Bancorp pay dividends?
ConnectOne Bancorp pays a Quarterly dividend of $0.18 which represents an annual dividend yield of 2.68%. See more information on ConnectOne Bancorp dividends here
What is ConnectOne Bancorp’s EPS estimate?
ConnectOne Bancorp’s EPS estimate is 0.82.
How many shares outstanding does ConnectOne Bancorp have?
ConnectOne Bancorp has 50,288,494 shares outstanding.
What happened to ConnectOne Bancorp’s price movement after its last earnings report?
ConnectOne Bancorp reported an EPS of $0.72 in its last earnings report, missing expectations of $0.73. Following the earnings report the stock price went up 3.285%.
Which hedge fund is a major shareholder of ConnectOne Bancorp?
Currently, no hedge funds are holding shares in CNOB
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
ConnectOne Bancorp Stock Smart Score
Neutral
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Strong Buy
Average Price Target:
$33.00 (15.02% Upside)
$33.00 (15.02% Upside)
Blogger Sentiment
Bullish
CNOB Sentiment 100%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Decreased
By 30.6K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $1.0M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.0%
Last 30 Days ▼ 2.6%
Last 30 Days ▼ 2.6%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
36.96%
12-Months-Change
Fundamentals
Return on Equity
6.32%
Trailing 12-Months
Asset Growth
45.60%
Trailing 12-Months
Company Description
ConnectOne Bancorp
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.
CNOB Earnings Call
Q1 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call presented a majority of positive operational and financial developments: accelerated loan growth, sequential NIM expansion, improved operating profitability, strong credit metrics overall, disciplined expense management, and strengthened capital with shareholder-friendly actions (dividend increase and repurchases). Headwinds were concentrated and described as isolated—centered on an uptick in delinquencies tied to one rent-stabilized multifamily relationship, higher reserves and a modest provision, and the need to fund rapid loan growth through reduced securities/cash and some wholesale deposits amid a competitive deposit environment. Management emphasized active remediation, elevated reserves/purchase-accounting marks that provide a cushion, and confidence in continued margin and capital improvement.View all CNOB earnings summariesCNOB Stock 12 Month Forecast
Average Price Target
$33.00
▲(15.02% Upside)
Technical Analysis
QCR Holdings
―
Republic Bancorp
―
Westamerica Bancorporation
―
Triumph Financial
―
Byline Bancorp
―
Ownership Overview
5.56% Insiders
21.31% Mutual Funds
1.55% Other Institutional Investors
55.98% Public Companies and
Individual Investors