ConnectOne Bancorp Inc. (CNOB)
NASDAQ:CNOB
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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 - $33.12
Previous CloseN/A
Volume58.40K
Average Volume (3M)322.17K
Market Cap
$1.63B
Enterprise Value$1.61B
Total Cash (Recent Filing)$1.24B
Total Debt (Recent Filing)$30.56M
Price to Earnings (P/E)16.7
Beta0.87
Next Earnings
Jul 23, 2026EPS Estimate
0.82Next Dividend Ex-DateN/A
Dividend Yield2.68%
Share Statistics
EPS (TTM)2.01
Shares Outstanding50,288,494
10 Day Avg. Volume257,289
30 Day Avg. Volume322,169
Financial Highlights & Ratios
PEG Ratio-1.08
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/Revenue2.19
Enterprise Value/Gross Profit4.27
Enterprise Value/Ebitda10.38
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 CapitalizationConnectOne's sizable equity base relative to assets and the reported sharp improvement in leverage (TTM debt-to-equity ~0.02 versus prior periods) provide durable loss-absorbing capacity. Higher regulatory and tangible capital ratios (reported tangible common equity and bank leverage metrics) support lending flexibility, continued organic growth, and the ability to sustain dividends and buybacks without immediate capital raises over the medium term.
High Cash Conversion And Free Cash FlowNear-parity between free cash flow and net income with strong recent FCF growth (TTM ≈68%) indicates high earnings quality and reliable internal funding. Durable cash conversion supports sustained shareholder returns, reinvestment in loan origination capacity, and buffer for provisions, reducing reliance on external capital over the next several quarters if current trends persist.
Sustained Loan Growth And Improving NIMAccelerating loan growth driven by strong origination yields and a sizable pipeline, combined with sequential NIM improvement and management's guidance for further margin expansion, suggests core earning power is improving. If loan repricing continues and deposit costs remain controlled, this structural revenue momentum can sustain higher net interest income and support return-on-equity recovery over the coming quarters.
Bears Say
Concentration In Rent-Stabilized MultifamilyA material single-relationship within the rent-stabilized multifamily portfolio creates persistent concentration risk. Regulatory and market uncertainty in rent regulation can extend resolution timelines and loss severity. Even with purchase marks and reserves, a protracted workout or wider market stress in this niche could force additional provisions or constrain capital allocation for quarters ahead.
Elevated Provisions And Reserve VolatilityRising provisions and qualitative reserve additions tied to multifamily exposure indicate credit uncertainty that may persist. Elevated provisioning reduces recurring earnings power and can fluctuate with portfolio performance and regulatory assessments. If multifamily stress continues or other segments deteriorate, provisions could stay elevated and compress profitability for multiple quarters.
Funding Mix Pressure And Reliance On Securities/WholesaleSteady loan expansion funded via drawdown of securities and selective wholesale deposits raises medium-term funding and margin risk. In a competitive deposit market, assumptions of flat deposit costs may prove optimistic, making NIM and liquidity sensitive to market moves. Reliance on non-core funding or shrinking securities cushions can increase balance-sheet fragility if deposit competition intensifies.
ConnectOne Bancorp News
CNOB FAQ
What was ConnectOne Bancorp Inc.’s price range in the past 12 months?
ConnectOne Bancorp Inc. lowest stock price was $21.79 and its highest was $33.12 in the past 12 months.
What is ConnectOne Bancorp Inc.’s market cap?
ConnectOne Bancorp Inc.’s market cap is $1.63B.
When is ConnectOne Bancorp Inc.’s upcoming earnings report date?
ConnectOne Bancorp Inc.’s upcoming earnings report date is Jul 23, 2026 which is in 32 days.
How were ConnectOne Bancorp Inc.’s earnings last quarter?
ConnectOne Bancorp Inc. 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 Inc. overvalued?
According to Wall Street analysts ConnectOne Bancorp Inc.’s price is currently Undervalued.
Does ConnectOne Bancorp Inc. pay dividends?
ConnectOne Bancorp Inc. pays a Quarterly dividend of $0.195 which represents an annual dividend yield of 2.68%. See more information on ConnectOne Bancorp Inc. dividends here
What is ConnectOne Bancorp Inc.’s EPS estimate?
ConnectOne Bancorp Inc.’s EPS estimate is 0.82.
How many shares outstanding does ConnectOne Bancorp Inc. have?
ConnectOne Bancorp Inc. has 50,288,494 shares outstanding.
What happened to ConnectOne Bancorp Inc.’s price movement after its last earnings report?
ConnectOne Bancorp Inc. 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 Inc.?
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
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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 64.6K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $964.0K over
the Last 3 Months
the Last 3 Months
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
35.22%
12-Months-Change
Fundamentals
Return on Equity
6.32%
Trailing 12-Months
Asset Growth
45.60%
Trailing 12-Months
Company Description
ConnectOne Bancorp Inc.
ConnectOne Bancorp, Inc. (CNOB) serves as the holding company for ConnectOne Bank, a financial institution providing a comprehensive array of commercial banking products and services. The bank caters to small and medium-sized businesses, local professionals, and individual clients across its operating regions, which include Northern New Jersey, the greater New York Metropolitan area, and the South Florida market. Its offerings include a variety of deposit accounts such as personal and business checking, retirement plans, money market accounts, and both time and savings deposits. ConnectOne Bank extends diverse credit facilities, encompassing secured and unsecured consumer and commercial business loans, revolving lines of credit, commercial mortgage loans, residential mortgages for primary and secondary residences, home equity loans, bridge loans, other personal purpose loans, and financing for commercial construction and real estate projects. Beyond lending and deposits, the company provides essential banking services such as check cards, ATM cards, credit cards, wire transfers, automated teller machine access, online banking platforms, treasury direct services, Automated Clearing House (ACH) origination, mobile banking via phone, secure safe deposit boxes, and remote deposit capture capabilities. The bank maintains an extensive physical presence, operating eight branches in Bergen County, five in Union County, and one each in Morris, Essex, Hudson, and Monmouth Counties in New Jersey. In New York, it has an office in Manhattan, one in Nassau County on Long Island, another in Astoria, and five additional branches situated throughout the Hudson Valley. Furthermore, it operates a financial center in West Palm Beach, Florida. Originally incorporated in 1982 as Center Bancorp, Inc., the company adopted its current name, ConnectOne Bancorp, Inc., in July 2014. Its corporate headquarters are located 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
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Ownership Overview
5.62% Insiders
20.98% Mutual Funds
14.07% Other Institutional Investors
43.22% Public Companies and
Individual Investors