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 - $30.65
Previous CloseN/A
Volume58.40K
Average Volume (3M)322.17K
Market Cap
$1.51B
Enterprise Value$1.50B
Total Cash (Recent Filing)$1.24B
Total Debt (Recent Filing)$30.56M
Price to Earnings (P/E)15.5
Beta0.88
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-1.00
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/Revenue2.04
Enterprise Value/Gross Profit3.97
Enterprise Value/Ebitda10.29
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
Cash Generation QualityConnectOne's free cash flow closely tracks net income, with TTM FCF near $103M and strong FCF growth recently. Durable cash conversion supports organic loan growth, recurring dividends, buybacks, and provisioning capacity, improving financial flexibility across economic cycles.
Improved CapitalizationPost-merger balance sheet shows materially stronger capital and lower leverage, raising the bank's loss-absorbing capacity. Higher tangible equity and bank leverage ratios provide durable support for lending, regulatory resilience, and continued shareholder returns without materially stressing capital ratios.
Loan Growth And Margin MomentumSustained loan origination and sequential NIM expansion reflect durable demand and successful repricing of assets. If management delivers mid-single-digit annualized loan growth and modest NIM gains, that combination should support core net interest income and underwriting scale over the next several quarters.
Bears Say
Concentration In Rent-stabilized MultifamilyA single legacy borrower tied to 19 rent-stabilized properties drove higher delinquencies, highlighting material single-relationship concentration. That concentration can produce outsized credit volatility, higher reserve needs, or episodic losses that impair earnings and require active remediation over multiple quarters.
Funding Mix And Deposit CompetitionRapid lending funded partly by drawing down securities and using wholesale deposits raises funding, liquidity, and margin risk if deposit competition persists. Over 2–6 months, sustaining loan growth without durable low-cost core deposit wins may increase expense of funds and compress NIM.
Margin And ROE Remain Below Historic PeaksAlthough profitability is stable, margins and ROE are meaningfully below prior cycle highs, limiting long-term earnings power relative to the enlarged equity base. Sustained margin pressure, and reliance on purchase-accounting accretion, constrain durable return-on-capital improvement until structural yields or expense dynamics change.
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 $30.65 in the past 12 months.
What is ConnectOne Bancorp Inc.’s market cap?
ConnectOne Bancorp Inc.’s market cap is $1.51B.
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 54 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 $0.18 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 70%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Decreased
By 64.6K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $1.0M over
the Last 3 Months
the Last 3 Months
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. 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
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Ownership Overview
5.56% Insiders
21.00% Mutual Funds
14.07% Other Institutional Investors
43.75% Public Companies and
Individual Investors